Grayhawk Scottsdale Real Estate Market Report — May 2026

Grayhawk Scottsdale Real Estate sits at the price-and-lifestyle sweet spot of North Scottsdale. The May 2026 median across all home types is approximately $880,000 based on April 2026 closings, with single-family detached medians near $850,000, townhomes and villas near $665,000, and gated condo units near $480,000. This is the community where buyers who want a North Scottsdale address, A-rated Paradise Valley Unified schools, and championship golf access find product they can actually afford. Grayhawk Scottsdale Real Estate spans condos under $300,000 to custom estates above $3 million, all inside a built-out master plan with 30 miles of trails, two golf courses, and 13-acre Grayhawk Community Park.

Grayhawk Scottsdale Real Estate Market Snapshot … May 2026

Grayhawk Scottsdale Real Estate 12-Month Price Trend

Grayhawk Scottsdale Real Estate median sale price across all home types, rolling 12 months ending April 2026. The trend shows steady appreciation through summer 2025 followed by stronger gains into spring 2026, consistent with broader North Scottsdale tightening.

Grayhawk Scottsdale Real Estate Prices & Volume … May 2026

Grayhawk Scottsdale Real Estate runs an unusually wide price band for a single community. April 2026 closings (the most recent complete monthly data available) included condo sales near $295,000 in The Edge and Village at Grayhawk, townhomes in the $550,000 to $750,000 range across Encore, Cachet, and Avian, single-family resale from $750,000 in The Park through $1.4 million in better-located Park lots, and Retreat single-family from $1.0 million through $2.6 million depending on golf frontage and view. Several customs in Talon Retreat and Pinnacle traded above $2.8 million.

Cash buyers run about 32 percent of transactions in Grayhawk Scottsdale Real Estate, lower than the deep-luxury submarkets to the north but well above the Scottsdale citywide average. Sale-to-list ratios stay near 97 percent, with above-$2 million properties tending to need one price adjustment before going under contract. Days on market median 67 days across all types, with condos selling faster (median 52 days) and gated Retreat customs taking longer (median 88 days). Notable April 2026 sales included a Cachet at Grayhawk townhome at $785,000, a Park single-family at $1,145,000, and a Talon Retreat custom at $2,395,000.

Grayhawk Scottsdale Real Estate History & Master Developer

Grayhawk was developed by Grayhawk Development beginning in 1995, with the first homes delivered in 1995 and the master plan officially opening in 1996. Grayhawk Development closed initial build-out in 2004 with approximately 2,000 units in The Park and 1,600 units in The Retreat, expanded over subsequent years to the current total of more than 3,700 homes and roughly 4,000 residential units when counting condos and villa enclaves. The plan was designed around two championship golf courses and a connected trail system that preserved roughly 40 percent of the 1,615 acres as natural Sonoran Desert open space.

The development is consistently cited as one of the most successful master-planned communities in the American Southwest. Grayhawk Scottsdale Real Estate was voted Arizona’s #1 master-planned community by AZ Business Magazine readers. The architectural palette intentionally complements the desert landscape, with low-profile southwestern and contemporary styles dominating Park lots and more upscale custom architecture concentrated in Retreat Village. A full-time resident Lifestyle Director was installed early in the build-out, a programming role that still runs today and contributes to the community’s reputation for active social life and resident retention.

Grayhawk Scottsdale Real Estate Boundaries & Access

Grayhawk sits in the heart of North Scottsdale, bordered by Pima Road to the east, Scottsdale Road to the west, Thompson Peak Parkway to the south, and Pinnacle Peak Road to the north. Loop 101 (Pima Freeway) runs immediately south of Thompson Peak Parkway, giving Grayhawk Scottsdale Real Estate residents the most convenient North Scottsdale freeway access of any luxury community in the submarket. Sky Harbor International Airport sits roughly 25 to 30 minutes south via Loop 101 off-peak.

The Park neighborhood is open-access (only the Pinnacle enclave inside The Park is gated). The Retreat side is fully guard-gated with two 24-hour manned entrances, separating Raptor Retreat (west) and Talon Retreat (east) sub-villages. Each guard station logs visitors and enforces guest registration. Grayhawk Scottsdale Real Estate also includes a third internal gate at the Pinnacle enclave inside The Park. The community is bordered immediately to the south by HonorHealth Scottsdale Thompson Peak Medical Center, and the Mayo Clinic Scottsdale campus sits less than two miles southeast.

Grayhawk Scottsdale Real Estate Sub-Communities & Neighborhoods

Grayhawk Scottsdale Real Estate breaks into 31 individual neighborhoods spread across two main villages. The Park covers roughly 2,000 single-family lots oriented around grassy parks, playgrounds, picnic ramadas, and the 13-acre Grayhawk Community Park. The Retreat covers roughly 1,600 units across guard-gated villages oriented around the Talon and Raptor golf courses. Below are the principal named sub-communities.

Grayhawk Scottsdale Real Estate Schools

Grayhawk Scottsdale Real Estate is one of the few Scottsdale luxury communities served entirely by Paradise Valley Unified District rather than Scottsdale Unified. All three feeder schools earned an A grade in the Arizona Department of Education FY25 A-F release. Grayhawk Elementary sits inside the community itself on Grayhawk Drive, a meaningful advantage for families with younger children since walk-to-school is realistic from most Park lots. Per the official ADE FY25 release, Paradise Valley Unified District earned a B district letter grade across its 42 schools, but the three Grayhawk feeder schools all earned individual A grades.

School attendance is generally simpler in Grayhawk Scottsdale Real Estate than in adjacent North Scottsdale communities because the entire master plan sits inside one district (PVUSD). However, the three feeder schools have specific boundary lines for street-level eligibility, so verify the exact attendance zone for any address before writing an offer. Open enrollment within PVUSD is also available subject to capacity at each school.

Source note: All letter grades on this page reflect the official Arizona Department of Education FY25 A-F release (April 15, 2026), the most current state-issued data available. Third-party aggregators (Niche, GreatSchools, SchoolGrade) are secondary references only and do not override official ADE grades.

Grayhawk Scottsdale Real Estate Safety & Crime

Grayhawk Scottsdale Real Estate ranks among the lowest crime density neighborhoods in Scottsdale. The Park area benefits from active street life, public sightlines along greenbelts and trails, and proximity to HonorHealth Thompson Peak Medical Center which generates around-the-clock through-traffic. The Retreat side adds 24-hour manned guard gates, controlled visitor logging, and private security patrols inside Talon Retreat and Raptor Retreat. The result is one of the most consistently low-incident master plans in the entire submarket.

Law Enforcement Jurisdiction

Grayhawk Scottsdale Real Estate is policed by the Scottsdale Police Department, a single-agency jurisdiction covering all of ZIP 85255 inside the city limits. The District 3 patrol area covers the Grayhawk corridor, with the nearest precinct at the SPD Foothills District station. The Arizona Department of Public Safety provides highway patrol on Loop 101 (Pima Freeway) immediately south of Grayhawk. Inside the Retreat villages, contracted private security supplements but does not replace SPD response.

Inside Grayhawk Scottsdale Real Estate the most common incident category is package theft from front porches in The Park, followed by occasional unsecured-vehicle entries. Violent crime is rare. The Retreat side reports almost no incidents thanks to gate controls and resident-monitored guest registration. Grayhawk runs roughly 25 percent below the Scottsdale citywide property crime average and roughly 40 percent below the Maricopa County average.

Grayhawk Scottsdale Real Estate Amenities & Lifestyle

Grayhawk Scottsdale Real Estate carries one of the deepest amenity packages of any single Scottsdale community at this price point. The Grayhawk Community Association manages a 30-mile interconnected trail system used daily for walking, jogging, and biking, designed to weave through the natural desert open space that occupies roughly 40 percent of the 1,615 acres. The Park hosts the 13-acre Grayhawk Community Park (city-operated) with two lighted baseball fields, two lighted sand volleyball courts, two lighted tennis courts, two lighted basketball courts, playground, ramada, and restrooms. Thompson Peak Park (29 acres, also city-operated) sits at the southwest corner of Thompson Peak Parkway and Hayden Road with four lighted softball fields, two lighted basketball courts, and a playground.

The Retreat side adds private amenities not available to Park residents: seven community swimming pools, seven spas, six tennis courts, and multiple pocket parks behind the guard gates. Each Retreat village within Talon Retreat and Raptor Retreat has its own dedicated pool and gathering space. The full-time Grayhawk Lifestyle Director runs a programmed event calendar including Easter egg hunts, Christmas at Grayhawk, food truck nights, summer movie nights in the park, yoga classes, painting workshops, trivia nights, and seasonal block parties. This is one of the few Scottsdale master plans where the social calendar is staffed and structured rather than left to a volunteer board.

Grayhawk Scottsdale Real Estate sits directly across the street from the HonorHealth Scottsdale Thompson Peak Medical Center campus, and the Mayo Clinic Scottsdale main campus is less than two miles east via Thompson Peak Parkway. Vi at Grayhawk, a continuing care retirement community ranked among the best in the nation, anchors the western edge of the community. Two large retail plazas (Hayden Peak Crossing and Grayhawk Plaza) border the master plan with grocery stores, restaurants, and everyday services. Isabella’s Kitchen, a casual Italian restaurant overlooking the Grayhawk Golf Club, sits directly across from the clubhouse. Kierland Commons and Scottsdale Quarter are five to seven minutes south via Scottsdale Road.

Grayhawk Scottsdale Real Estate Golf … Grayhawk Golf Club

Grayhawk Golf Club is the community’s amenity anchor and a key reason Grayhawk Scottsdale Real Estate trades at premium pricing relative to non-golf North Scottsdale resale. The club operates two championship 18-hole par-72 courses on a daily-fee basis … no equity membership is required, you pay when you play. This structure is rare among Scottsdale golf communities of this caliber and gives Grayhawk residents championship access without the $50,000 to $250,000 initiation fees common at the private clubs to the north and east.

The Talon Course

Designed by PGA pro David Graham and golf course architect Gary Panks, opened in 1994. A 7,000-yard par 72 layout with a 74.3 rating and 141 slope from the Talon tees. Only 73 acres of turf, the rest left as natural desert, producing dramatic desert-target golf with elevation change and McDowell Mountain backdrops. Multiple tee placements accommodate every skill level. Talon is widely considered one of the most scenically dramatic public courses in Arizona.

The Raptor Course

Designed by Tom Fazio, opened in 1996 as Fazio’s first daily-fee course in the Phoenix area. A 7,135-yard par 72 layout with a 74.0 rating and 136 slope from the Raptor tees. More subtle undulations than Talon but consistently harder to read. The Raptor course has hosted multiple PGA TOUR events and NCAA tournaments. Signature hole: number 16 (“Little Creek”), a 211-yard par 3 with a bowl-shaped green flanked by desert features and a creek-fed pond.

Clubhouse, dining, and learning center

The 40,000 square foot Grayhawk Golf Clubhouse is the social heart of Grayhawk Scottsdale Real Estate. Three dining concepts operate inside: Quill Creek Cafe (casual all-day), Phil’s Grill (pub-style, named for Phil Mickelson), and The Morning Joint or “Mojo’s” (breakfast and coffee bar). The clubhouse also houses a complete golf shop and Trading Co., men’s and women’s locker rooms, conference rooms, and event space. The Grayhawk Learning Center (formerly the Kostis/McCord Learning Center) operates on-site offering private lessons, three-day golf schools, and half-day workshops for both adults and juniors.

Golf-adjacent home values

Within Grayhawk Scottsdale Real Estate, golf frontage carries a meaningful price premium. Resale data shows golf-facing single-family homes inside Talon Retreat and Raptor Retreat commanding 15 to 25 percent premiums over equivalent non-golf-facing homes in the same villages. Townhome and condo enclaves with course frontage (Encore at Grayhawk on the 18th hole of Talon, several Cachet units, Avian on the Raptor side) similarly trade at premiums to interior comparables.

Grayhawk Scottsdale Real Estate HOA, CFD & Recent Notable Sales

Master HOA structure

The Grayhawk Community Association is the master HOA covering all 3,700+ homes. Master HOA dues run roughly $80 to $115 per month per home depending on neighborhood and assessment level, covering the master trail system, common-area landscaping, gates, and community programming staff. The Retreat Village Association is a separate sub-HOA covering the guard-gated Talon and Raptor Retreat infrastructure, adding roughly $120 to $300 per month for gate operations, private street maintenance, and Retreat-only pools and tennis.

Sub-HOA fees by village

On top of the master HOA, most named villages inside The Retreat carry an additional sub-HOA covering their specific pool, common area, and landscape package. Total combined monthly assessments (master + Retreat + village) typically run:

• The Park single-family: $80 to $130 per month (master HOA only for most subdivisions)
• Pinnacle at Grayhawk: $180 to $240 per month (master + Pinnacle sub-HOA)
• Talon Retreat single-family: $250 to $400 per month (master + Retreat + village)
• Raptor Retreat single-family: $250 to $420 per month (master + Retreat + village)
• Cachet / Encore / Avian townhomes: $350 to $550 per month (includes townhome exterior maintenance)
• The Edge / Village / Venu condos: $280 to $475 per month (includes building exterior, roof, common pool)

There is no active Community Facilities District (CFD) assessment on Grayhawk Scottsdale Real Estate. Property taxes follow standard Maricopa County rates inside Scottsdale city limits.

Recent notable sales (last 12 months)

• Talon Retreat custom estate (golf frontage): $2,895,000 … 4,820 sqft on 0.45 acre, March 2026 close.
• Raptor Retreat custom (Crown Point Norte): $2,395,000 … 4,100 sqft on 0.38 acre, April 2026 close.
• Pinnacle at Grayhawk single-family: $1,875,000 … 3,650 sqft on 0.28 acre, February 2026 close.
• The Park single-family (Sterling enclave): $1,145,000 … 2,940 sqft on 0.21 acre, April 2026 close.
• Cachet at Grayhawk townhome (Talon Retreat gate): $785,000 … 2,243 sqft, April 2026 close.
• Village at Grayhawk condo (gated): $385,000 … 1,149 sqft furnished, March 2026 close.

Grayhawk Scottsdale Real Estate sees active resale rather than new construction, since the master plan completed initial build-out in 2004 with only scattered infill lots remaining. The most recent new product was the Optima-style condo development at Silverstone (K. Hovnanian) and select Avian townhome phases. Custom rebuilds and major renovations on Park lots from the 1996 to 2002 build era are the most common form of “new” Grayhawk Scottsdale Real Estate inventory today.

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