With the $20 million sale of Nova, Silver Sky has delivered another signal of strength within Paradise Valley’s $10 million plus market. The premier showcase residence inside the privately gated enclave recently closed in a transaction represented by Katrina Barrett and Sabrina James of Local Luxury | Christie’s International Real Estate, reinforcing sustained demand at the very top of the Valley’s residential landscape.
Over the past several years, Paradise Valley has seen increasing activity in its highest price tier, driven in part by affluent buyers relocating from coastal cities and other major metropolitan areas. The purchasers of Nova, represented by Kirk Linehan of Apex Residential, moved from out of state, drawn to the town’s rare balance of estate scale and everyday convenience. Proximity to premier dining and shopping, immediate access to Scottsdale Airport and Phoenix Sky Harbor International Airport, minimal traffic, and a year round warm climate continue to position Paradise Valley as a compelling long term destination for high net worth families.
Silver Sky was conceived specifically for that evolving buyer profile. When developer Jeremy Takas acquired the 18 acre parcel at the base of Mummy Mountain in 2021, he envisioned a private enclave composed entirely of brand new ultra luxury homes. In a municipality where much of the housing inventory consists of legacy estates built decades apart, the concept introduced architectural cohesion and controlled scale within a fully gated setting. Limited to just twelve residences, the community was designed to create a pocket of like minded homeowners who value privacy, craftsmanship, and elevated design.
“There simply isn’t enough land left in Paradise Valley to replicate a community like Silver Sky,” Jeremy says. “We created it for buyers who want privacy and exceptional design, but also want to live among peers who value the same things. That combination is what makes this community so special.”
Located against the dramatic backdrop of Mummy Mountain, Silver Sky spans 18 acres and positions itself among the most exclusive new construction offerings in Arizona. Each estate is crafted by an elite team of architects, designers, and builders selected for their mastery and commitment to timeless execution. The result is a collection of homes intended to endure not only for their beauty, but for their functionality and detail.
With Nova now sold, only a limited number of opportunities remain within the enclave. The community’s second showcase residence, Aster, is nearing completion. The 8,565 square foot modern estate includes five bedrooms, eight bathrooms, a wine room, gym, theater, sauna, detached casita, resort style pool and spa, and a private backyard pickleball court set against panoramic Mummy Mountain views. Additional homesites remain available with fully designed plans in place, offering buyers the opportunity to customize their residences within the established architectural vision.
“The response to Silver Sky has been extraordinary,” Katrina says. “The sale of Nova demonstrates both the strength of Paradise Valley’s luxury market and the singular appeal of this community. As affluent families continue to move to Arizona, Silver Sky will remain one of the rarest new construction luxury communities in Paradise Valley, offering an opportunity that simply cannot be replicated.”
Local Luxury | Christie’s International Real Estate has surpassed $1 billion in sales volume, serving athletes, executives, and high profile clients across Arizona. The firm’s continued presence at this level reflects ongoing confidence in Paradise Valley’s most exclusive segment, where new construction at scale remains limited and demand continues to concentrate at the top.
silverskypv.com