In a testament to Arizona’s surging luxury real estate market, Silver Sky – a newly developed enclave in Paradise Valley – has marked a significant milestone. Lot 1, known as Celeste, sold for $5 million in less than 48 hours after hitting the market, underscoring growing buyer appetite for ultra-exclusive, design-forward homes in premier desert locations.
The sale of the 1.5-acre parcel speaks volumes about the unique appeal of Silver Sky, a private community of 12 custom estates at the base of Mummy Mountain. With its panoramic mountain vistas, cutting-edge architecture, and an emphasis on privacy and prestige, Silver Sky is becoming one of Arizona’s most coveted addresses for buyers seeking a home and an elevated lifestyle.
Spearheading the transaction was Sabrina James of SERHANT Arizona, who represented the buyer in this rapid deal. The buyer is set to collaborate with custom homebuilder DNP Homes and ABL Design Studio to create a one-of-a-kind luxury residence on the site.
“The momentum at Silver Sky continues to build as buyers seek out homesites that offer both a phenomenal location along with architectural and community prestige,” James said. “Silver Sky sets the bar for that unparalleled Arizona lifestyle. With limited homesites remaining, demand is showing no signs of slowing.”
Only a handful of opportunities remain: Lot 2 – Aster, a fully designed 8,565-square-foot estate is priced at $14,495,000; Lot 6 – Nova, a 12,000-square-foot architectural showpiece listed at $19,495,000; and Lot 12 – Helios, a 1.3-acre vacant parcel available for a custom home, offered at $5 million.
Silver Sky Development is renowned for its commitment to world-class residential experiences defined by architectural integrity, exclusivity, and attention to detail – earning the trust of buyers nationally and internationally. For more, visit silverskyluxuryhomes.com.
