Is Scottsdale Still Worth It for a Second Home in 2027? Lifestyle, Ownership Costs, and What Buyers Should Consider

For many people, Scottsdale represents the kind of place they would love to escape to for part of the year. Sunny winter days, championship golf courses, beautiful desert scenery, excellent restaurants, and luxury homes create an appealing alternative to colder climates.

But buying a second home is a different decision from planning a vacation.

A property that looks wonderful during a weeklong visit comes with ongoing expenses, maintenance responsibilities, insurance requirements, and decisions about how often you will actually use it. And with home prices, interest rates, and ownership costs continuing to influence the real estate market, buyers need to look beyond the appeal of the destination.

So, is Scottsdale still worth considering for a second home in 2027?

The answer depends on what you want from the property. If you value the lifestyle and expect to spend meaningful time here, owning may make sense. If you only plan to visit occasionally, renting may offer more flexibility.

Let's look at what buyers should consider before making that decision.

1. Why Scottsdale Continues to Appeal to Second-Home Buyers

Scottsdale offers a combination of lifestyle amenities that can make owning a second home attractive.

For buyers coming from colder parts of the country, the Arizona winter is a major draw. Instead of dealing with snow, freezing temperatures, and limited outdoor activities, homeowners can enjoy golf, hiking, outdoor dining, and time by the pool during much of the winter season.

But Scottsdale's appeal goes beyond the weather.

• Golf and recreation: Scottsdale is known for its golf communities, private clubs, and access to outdoor recreation. Buyers can explore properties near courses or choose a home with a more private desert setting.
• Dining and entertainment: Old Town Scottsdale, Scottsdale Quarter, Kierland Commons, and other destinations offer shopping, restaurants, galleries, and entertainment.
• Outdoor living: Private pools, covered patios, outdoor kitchens, and desert landscaping make it easier to enjoy the Arizona climate.
• Wellness and relaxation: Spas, fitness facilities, resort amenities, and nearby hiking trails provide additional lifestyle options.
• Convenient travel: Phoenix Sky Harbor International Airport gives many second-home owners access to domestic and international flights.

The appeal is not that every homeowner will use all these amenities. It is that Scottsdale offers different ways to enjoy a second home depending on personal interests.

For a broader introduction to the area, see my Insider's Guide to Arizona Living.

2. What Does the Scottsdale Housing Market Look Like Heading Into 2027?

One of the first things second-home buyers should understand is that Scottsdale is not a single-price real estate market.

A condominium near Old Town, a townhome in an established community, and a custom estate in North Scottsdale can have very different purchase prices and ownership expenses.

Recent market data also shows why buyers should look at individual property types rather than relying on one citywide number.

According to an October 2026 Scottsdale market report using ARMLS data, the median sale price across the residential property types included in that report was approximately $955,000 over the preceding 12 months. The report also showed approximately 2,393 active listings and 4.3 months of supply as of October 31, 2026.

A separate market report focused on single-family homes showed a median sale price of approximately $1.2 million in its latest reporting period. That difference illustrates how the property types and reporting methods included in a market analysis can change the numbers.

For second-home buyers, the practical takeaway is that there may be opportunities across different price ranges, but the right comparison is between properties that offer similar locations, condition, size, and amenities.

You can review the Scottsdale housing market report for additional market information.

I would not approach a 2027 purchase assuming that prices will automatically rise or fall. Instead, focus on the property's current value, its condition, and whether the purchase makes sense for your personal plans.

3. Understanding the Real Cost of Owning a Second Home

The purchase price is only the beginning.

When you own a second home, you are responsible for expenses whether you are staying there or not. This is one of the biggest differences between owning a vacation property and booking a hotel or seasonal rental.

Here are the main expenses to include in your budget.

Property taxes

Scottsdale property owners pay property taxes based on the property's assessed valuation and applicable tax rates.

The city's published 2025/26 combined property tax rate is $0.9124 per $100 of assessed valuation. This is a tax-rate figure, not a direct percentage of the home's market value. Actual property tax bills depend on the applicable assessed values and taxing districts.

Before purchasing, review the property's actual tax history and obtain an estimate based on the expected purchase and assessment information.

Official information is available through the City of Scottsdale tax resources.

Homeowners insurance

Insurance is another expense that deserves attention, particularly for luxury properties.

Coverage needs will vary depending on the home's replacement cost, construction, roof, pool, additional structures, liability exposure, and location.

Second-home policies may also have different terms from primary-residence policies.

Ask an insurance professional to confirm:

• Whether the policy covers a home that is unoccupied for extended periods.
• Whether there are restrictions on how long the property can remain vacant.
• What coverage applies to pools, spas, and outdoor structures.
• Whether additional liability protection is appropriate.
• Whether rental activity is permitted if you eventually decide to lease the home.

Do not assume that a standard homeowners policy automatically provides the right coverage for a seasonal property.

HOA fees

Many Scottsdale second-home buyers are interested in condominiums, townhomes, and gated communities because they offer shared maintenance and amenities.

However, those conveniences come with association fees.

Depending on the community, HOA dues may cover landscaping, exterior maintenance, building insurance, pools, fitness facilities, gates, and shared spaces.

The amount can vary considerably. A simple townhome association and a luxury condominium with extensive amenities are not comparable.

Before purchasing, review the association's budget, reserve funding, meeting minutes, insurance arrangements, and any pending special assessments.

A lower monthly HOA fee is not automatically better if the association is underfunded or does not maintain the property effectively.

Utilities and regular maintenance

Even when you are not in Scottsdale, the home still needs attention.

Common expenses include:

• Electricity and air conditioning.
• Water and wastewater.
• Internet and security systems.
• Pool maintenance.
• Landscaping and irrigation.
• Pest control.
• HVAC servicing.
• Plumbing and general repairs.

A property with a large pool, extensive landscaping, and multiple outdoor features may have higher ongoing expenses than a smaller condominium.

These costs should be considered before deciding how much home you can comfortably afford.

4. The Arizona Summer: An Ownership Cost Buyers Should Not Ignore

Scottsdale's winter weather is one of its biggest attractions. But the summer climate deserves just as much attention when purchasing a second home.

Temperatures can become extremely high, and air conditioning is essential for maintaining a comfortable and properly managed property.

If you leave Scottsdale during the summer, you will still need a plan for:

• Air conditioning: The system needs appropriate settings and regular servicing while you are away.
• Pool maintenance: Water chemistry, filtration, and equipment need continued attention.
• Landscaping: Irrigation systems should be monitored, especially during periods of extreme heat.
• Plumbing: Leak detection and periodic property inspections can help identify problems before they become expensive.
• Interior protection: Appropriate temperature and humidity management can help protect furnishings, finishes, and other interior components.

This is particularly important for luxury homes with custom finishes, wood features, artwork, and extensive interior furnishings.

A second home should be enjoyable when you arrive, not a property that requires several days of repairs and maintenance before you can settle in.

My article on How Phoenix Summers Affect Homeownership explores these considerations in more detail.

5. Which Scottsdale Areas Should Second-Home Buyers Consider?

The right location depends on how you plan to use your property.

Some buyers want to walk to restaurants and shopping. Others want a golf-oriented community, privacy, or a larger home with expansive desert views.

Here are several areas worth exploring.

Old Town Scottsdale

Old Town may appeal to buyers who want a more active lifestyle.

Condominiums and townhomes offer access to restaurants, galleries, shopping, entertainment, and community events.

For someone who plans to visit frequently but does not need a large private yard, a condominium may be a practical option.

Consider parking, building amenities, HOA costs, and community rules when comparing properties.

McCormick Ranch

McCormick Ranch offers an established residential environment with lakes, parks, golf, and convenient access to shopping and dining.

The area has a variety of property types, including detached homes, townhomes, and condominiums.

It may be worth considering for buyers who want a residential neighborhood with access to recreation and everyday amenities.

Gainey Ranch

Gainey Ranch is known for its golf-oriented lifestyle, established communities, and convenient location.

Buyers can explore a range of residential options, including properties that may work well for seasonal ownership.

As with any community, review the specific HOA requirements and maintenance responsibilities before purchasing.

North Scottsdale and DC Ranch

North Scottsdale offers a different experience, with larger homes, gated communities, golf properties, and desert surroundings.

DC Ranch is one community worth exploring for buyers who value an established master-planned setting and access to shopping, dining, and recreation.

Buyers seeking more privacy and custom architecture may also want to explore other North Scottsdale neighborhoods.

Silverleaf

Silverleaf is worth considering for buyers looking at the upper end of Scottsdale's luxury market.

The community is known for custom estates, golf-oriented surroundings, and a private residential environment.

For a second-home buyer seeking a substantial property, it may be an option worth comparing with other luxury communities.

You can explore Denise's Scottsdale luxury real estate page for more information about the area's luxury housing options.

6. Is a Lock-and-Leave Property Better for a Second Home?

For many seasonal buyers, a lock-and-leave property can be an appealing choice.

The idea is straightforward: instead of managing every exterior responsibility yourself, you purchase in a community where certain maintenance services are handled by an HOA or property-management arrangement.

This may include landscaping, common-area maintenance, exterior building care, and shared amenities.

Common lock-and-leave options include:

• Luxury condominiums.
• Townhomes.
• Patio homes.
• Detached homes in managed communities.

However, buyers should understand exactly what is included.

A condominium association may maintain the building exterior, but the owner is generally still responsible for interior systems and personal property. A detached home in a managed community may still require private pool service, HVAC maintenance, and individual landscaping care.

Also, HOA fees can be substantial in communities with extensive amenities.

For buyers who spend several months away each year, the convenience may justify the expense. For someone who enjoys maintaining a private property, a traditional home may be a better fit.

For a closer look, read my article on Lock-and-Leave Luxury Living in Scottsdale.

7. Should You Rent or Buy a Second Home in Scottsdale?

This is one of the most important questions to answer before purchasing.

Buying can make sense when you plan to return regularly, want a consistent home base, and value having a property that reflects your personal preferences.

Renting may make more sense when your travel schedule is uncertain or you only visit for a few weeks each year.

Here is a practical comparison.

The financial comparison should consider more than the monthly mortgage payment.

For example, a buyer financing a $1 million property will need to account for the down payment, loan payments, property taxes, insurance, HOA fees, utilities, maintenance, and the opportunity cost of tying up capital.

A cash purchase avoids mortgage interest but does not eliminate the other expenses.

On the other hand, renting for several weeks each winter may cost less than owning a property that sits empty for most of the year.

There is no universal break-even point. It depends on the purchase price, financing, rental rates, length of stay, maintenance costs, and how long you expect to keep the home.

8. Can You Rent Out Your Scottsdale Second Home When You're Away?

Some owners consider renting their second home when they are not using it.

This may help offset expenses, but it should never be treated as guaranteed income.

Scottsdale permits short-term rentals subject to licensing and other requirements. Arizona and Maricopa County also have applicable tax and registration rules.

There is another important consideration: HOA restrictions.

A community may impose rental minimums or other limitations even when the city permits short-term rentals.

Before buying with the intention of renting the property, verify:

• Whether the HOA permits the rental arrangement.
• Whether there are minimum lease periods.
• What city licensing is required.
• Which taxes and registrations apply.
• Whether the insurance policy covers rental activity.
• What management and cleaning expenses will be involved.

If rental income is part of your financial plan, have a qualified tax professional and insurance professional review the details.

I would not recommend purchasing a second home based on optimistic rental projections without confirming that the property can legally and practically be operated as intended.

9. What Should Buyers Evaluate Before Making an Offer?

A second-home purchase deserves a slightly different checklist from a primary-residence purchase.

You are not only evaluating whether you like the home. You are also deciding whether the property will remain manageable when you are not there.

Before making an offer, consider these questions:

• How often will I realistically use it? Estimate the number of weeks you expect to spend in Scottsdale each year. Be honest about your travel schedule.
• What type of property suits my lifestyle? A condominium may offer convenience, while a detached home may provide more privacy and outdoor space.
• What are the total annual ownership expenses? Include taxes, insurance, HOA dues, utilities, maintenance, and property management.
• Who will look after the property? Identify someone who can respond to maintenance concerns and check the home when you are away.
• Are there community restrictions? Review HOA documents, rental restrictions, pet rules, and other ownership requirements.
• Does the property work during summer? Consider the air-conditioning system, pool, irrigation, insulation, and overall condition.
• Does the location fit how I want to spend my time? Think about golf, dining, shopping, hiking, airport access, and proximity to family or friends.
• How long do I expect to own it? A second home is generally easier to evaluate when you have a realistic ownership horizon rather than relying on short-term appreciation.

The more clearly you answer these questions, the easier it becomes to compare properties objectively.

10. So, Is Scottsdale Still Worth Considering for a Second Home in 2027?

Scottsdale continues to offer a combination of outdoor recreation, luxury housing, dining, golf, and winter lifestyle opportunities that make it attractive to second-home buyers.

But whether buying is the right decision depends on the individual.

For someone who plans to spend several months in Scottsdale each year, values having a familiar home base, and can comfortably manage the ownership expenses, purchasing may be a worthwhile lifestyle decision.

For someone who visits occasionally, prefers flexibility, or does not want the responsibility of maintaining another property, renting may be the more practical choice.

The important thing is to avoid buying simply because Scottsdale is an attractive destination.

Choose a property because its location, design, ownership costs, and maintenance requirements make sense for the way you intend to use it.

Why Working With an Experienced Real Estate Agent Matters

Buying a second home involves considerations that may be different from purchasing a primary residence.

You need to think about how the property will function when you are away, what the community maintains, how much ownership will cost throughout the year, and whether the location fits the lifestyle you want.

With more than 30 years of real estate experience, I help buyers explore properties throughout Scottsdale and the Metro Phoenix area.

My approach is lifestyle-focused. I believe the right home should fit your priorities, whether that means a lock-and-leave condominium, a golf community, a custom estate, or a comfortable seasonal residence.

Understanding the details before purchasing can help you make a more confident decision.

Ready to Make Your Next Move With Confidence?

If Scottsdale is on your list for a second home in 2027, I would be happy to help you explore the different communities, compare property options, and understand what ownership may involve.

With more than 30 years of experience, I bring local market knowledge, clear communication, and a thoughtful approach to helping buyers find a home that fits their lifestyle.

Contact Denise Hurd at RE/MAX Premier to start exploring Scottsdale luxury real estate.