PHOENIX -- Arizona is well known for its real estate industry. The past decade has seen a boom and a bust, and despite the record-setting foreclosures that have dominated headlines for the past two years, some say housing in Arizona is on the rebound.
With the ebb and flow of a volatile real estate market, one thing remains constant: pockets of Maricopa County contain some of the most exclusive homes in the country. Multi-million dollar homes in Paradise Valley, Fountain Hills, North Scottsdale, and other parts of the Valley are the pride and joy of well-heeled locals and America's rich and famous.
In the photo gallery below we tour two of the most exclusive (and expensive) properties currently on the market in metro Phoenix. An eight bedroom, 12,000 square foot abode nestled on 40 acres in Paradise Valley and a 25,000 square foot villa with a bargain price of $24.9 million.
While these homes may seem out of reach for most of us, it's always good to be prepared for the day our winning lottery numbers hit! You never know when you just might need a house with a 20 car garage and a $1.2 million security system.