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Grayhawk is really two housing markets sharing one name. Over the past 12 months, its condos and townhomes sold at a median of $554,950, while detached homes behind the gates in Raptor Retreat sold at a median of $1,287,500. If you are shopping Grayhawk homes for sale, knowing which side of that line a home sits on matters more than the community median.
Grayhawk is a north Scottsdale golf community in ZIP 85255 built around two public, daily fee courses, Talon and Raptor. It has a mostly ungated area called The Park and a guard-gated area called The Retreat. Over the 12 months ending November 2, 2026, 197 homes sold at a median of $775,000, from condos under $300,000 to custom homes over $5 million. A home purchase does not include golf club membership.
What the data says
- Sales, all of Grayhawk: 197 homes sold at a median of $775,000, or $399 per square foot, after a median 57 days on market (site Grayhawk homes for sale page, ARMLS via Flexmls, 12 months ending Nov 2, 2026)
- Raptor Retreat: 31 sales, median $1,287,500, $497 per square foot, 10 for sale (site Raptor Retreat page, 12 months ending Nov 2, 2026)
- Talon Retreat: 41 sales, median $1,260,000, $505 per square foot, median 37 days on market (site Talon Retreat page, 12 months ending Nov 2, 2026)
- The Park: 125 sales, median $580,000, $363 per square foot, 45 for sale (site The Park at Grayhawk page, 12 months ending Nov 2, 2026)
- Supply: 62 homes for sale and about 3.8 months of supply overall; listing success rate 67%, with 197 closed and 98 cancelled or expired (site Grayhawk page, Nov 2, 2026)
- Golf: Talon, 6,973 yards, by David Graham and Gary Panks; Raptor, 7,151 yards from the back tees, by Tom Fazio; both par 72 and open to the public (Grayhawk Golf Club website, checked Nov 9, 2026)
Where Grayhawk is and how it is laid out
Grayhawk sits between Scottsdale Road and Pima Road, north of the Loop 101, inside Scottsdale 85255 homes for sale. It is part of the broader north Scottsdale homes for sale area, with TPC Scottsdale just to the south. See where Grayhawk sits among nearby communities on our Northeast Valley map.
The community counts about 3,791 homes, based on Maricopa County Assessor parcel records summarized on our Grayhawk page. It splits into two areas with different associations:
- The Park. The larger, mostly ungated side, with single-family neighborhoods such as Coventry, Featherwind, Montevina, and Windsong, plus six condo communities. Browse homes for sale in The Park at Grayhawk.
- Raptor Retreat. Guard-gated production and custom homes and the Avian townhomes along the Raptor course. See Raptor Retreat homes for sale.
- Talon Retreat. Guard-gated homes and the Cachet condos along the Talon course. See Talon Retreat homes for sale.
The golf: two public courses, no membership required
Grayhawk Golf Club says it has been open to everyone since 1994. Talon was designed by former U.S. Open and PGA champion David Graham with architect Gary Panks, and its back nine runs through a series of box canyons. Raptor is a Tom Fazio design with generous fairways and large, rolling greens, and the club notes it hosted the PGA TOUR's Frys.com Open from 2007 to 2009. The club also runs Quill Creek and Isabella's Kitchen for dining and a golf shop.
The key point for buyers: a Grayhawk home does not come with golf privileges. You pay daily fees like any other golfer, or ask the club about its programs. That is a different setup from the private clubs in north Scottsdale, where membership is a separate decision with its own costs.
To see how Grayhawk fits with other course communities, open our golf course communities map, tap Public courses, and zoom to Scottsdale and Paradise Valley. Grayhawk shows up in the North Scottsdale list next to Legend Trail, Troon North, and TPC Scottsdale, and tapping it shows the courses, its 12 month median, and a link to its homes for sale.
Prices: two markets in one community
Grayhawk's overall median of $775,000 blends condos with golf homes, so it can mislead. Arizona Luxury Partners calculated that the Raptor Retreat median is $732,550 higher than the condo and townhome median, about 2.3 times as much. Price per square foot shows the same split: $363 in The Park against $497 in Raptor Retreat and $505 in Talon Retreat.
Leverage also depends on price. Under $750,000, where most condos and townhomes trade, 92 homes sold and 43 were for sale on November 2, about 5.6 months of supply. From $750,000 to $2 million, mostly detached homes, 92 sold and 18 were listed, about 2.3 months, which leans toward sellers. Only 1 home over $2 million was listed that day.
Compared with other public course communities nearby, the table on our golf course communities map page (checked November 3, 2026) lists Grayhawk's 197 sales at a $775,000 median, against 102 sales at $1,275,000 for Troon North homes for sale, 52 sales at $1,234,063 for Legend Trail homes for sale, and 15 sales at $700,000 for TPC Scottsdale homes for sale. For the city as a whole, see Scottsdale homes for sale.
HOA dues and ownership costs
Every Grayhawk home belongs to the Grayhawk Community Association, $1,140 a year in 2026. Retreat homes add the Retreat Village Association at $1,771.20 a year, so the two layers together come to $2,911.20 a year, calculated by Arizona Luxury Partners and matching the guide's total for the Retreat base neighborhoods. Some neighborhoods run higher; the 2026 guide lists totals up to $6,295.20 a year for Renaissance. Condo communities bill on top of the master assessment.
Parks, schools, and daily life
- Grayhawk Community Park: a 13 acre city park next to Grayhawk Elementary School, with lighted ballfields, courts, a playground, and a ramada.
- Thompson Peak Park: a 29 acre city park on 78th Place with a shaded playground, lighted courts, and four lighted baseball fields.
- Retreat amenities: community pools, spas, and tennis courts behind the Retreat gates.
- Schools: listings name Paradise Valley Unified schools, including Grayhawk Elementary inside the community. Confirm assigned schools with the district.
- Nearby: shopping and dining at Grayhawk Plaza and along Scottsdale Road, and HonorHealth Scottsdale Thompson Peak Medical Center next door.
How to shop Grayhawk well
- Pick the area first. Decide whether you want The Park, Raptor Retreat, or Talon Retreat before you compare prices. Gate access depends on the area, not the price.
- Compare like with like. A fairway lot should be priced against other fairway lots, and a Park condo against other Park condos.
- Read every association layer. Add the master, Retreat, neighborhood, and any condo dues together, and check what each one maintains.
- Look at time on market. Homes that sat more than 120 days closed at about 90% of their original price, so stale listings can leave room to negotiate.
- Avoid this mistake: assuming a golf course home includes golf. It does not here. Budget for daily fees or club programs separately.
The honest caveats
Some area figures rest on small samples. Raptor Retreat had 31 sales and Talon Retreat 41 in 12 months, so one or two custom home sales can move a median. Medians also shift with the mix of homes sold, not just values. Our figures come from ARMLS listings and may not capture every sale, and the community shapes follow county lot lines rather than survey boundaries. HOA amounts are 2026 figures and change each year.
Frequently asked questions
Where is Grayhawk in Scottsdale?
Grayhawk is a master planned golf community in north Scottsdale, between Scottsdale Road and Pima Road north of the Loop 101, in ZIP code 85255. Grayhawk Golf Club sits at 8620 East Thompson Peak Parkway, and HonorHealth Scottsdale Thompson Peak Medical Center is next to the community.
Is Grayhawk Golf Club private?
No. Grayhawk Golf Club says it has been open to everyone since it opened in 1994, and both of its par 72 courses, Talon and Raptor, are daily fee courses anyone can book.
Does buying a home in Grayhawk include a golf membership?
No. Owning a Grayhawk home does not include a club membership or tee time privileges, and the golf club is separate from the homeowners associations. If golf access matters to you, ask the club directly about its current programs and pricing.
What is the difference between The Park and The Retreat in Grayhawk?
The Park is the larger, mostly ungated part of Grayhawk, with single-family neighborhoods and six of the community's eight condo communities. The Retreat is the guard-gated area along the Talon and Raptor courses, with a second association, the Retreat Village Association, on top of the master association. Buyers usually split The Retreat into Raptor Retreat and Talon Retreat.
Which parts of Grayhawk are guard-gated?
Both sides of The Retreat are guard-gated: Raptor Retreat on the west and Talon Retreat on the east, including the Avian and Cachet condos inside them. Most of The Park is not gated, though some enclaves, such as Pinnacle at Grayhawk, have their own controlled entry.
How much do homes cost in Grayhawk?
Over the 12 months ending November 2, 2026, 197 Grayhawk homes sold at a median price of $775,000, with sales from $276,500 to $5,550,000, according to ARMLS data calculated by Arizona Luxury Partners. The medians differ a lot by area: $580,000 in The Park, $1,260,000 in Talon Retreat, $1,287,500 in Raptor Retreat, and $554,950 for condos and townhomes.
What are the HOA fees in Grayhawk?
Every Grayhawk home pays the Grayhawk Community Association, $1,140 a year in 2026, billed $285 a quarter. Homes in The Retreat also pay the Retreat Village Association, $1,771.20 a year, and many neighborhoods and every condo community add their own assessment. Confirm current dues and transfer fees in the resale disclosure for the specific home.
How fast do Grayhawk homes sell?
The median Grayhawk sale took 57 days on market over the 12 months ending November 2, 2026, and closed at 97.6% of its final list price. About 31% of sales went under contract within 30 days, while 22% took more than 120 days and closed at about 90% of their original price.
What school district serves Grayhawk?
Listings in Grayhawk name Paradise Valley Unified School District schools, including Grayhawk Elementary School, which sits inside the community. Boundaries can differ by street, so confirm the assigned schools for a specific address with the district.
Are there condos and townhomes in Grayhawk?
Yes. Grayhawk has eight condo and townhome communities, six in The Park and two in The Retreat. Together they had 114 sales at a median of $554,950 over the 12 months ending November 2, 2026, with community medians from $310,000 at The Edge to $789,000 at Avian.
The bottom line
Grayhawk gives you public golf without a membership requirement, a mostly ungated side with condos from about $300,000, and guard-gated golf neighborhoods where medians run above $1.25 million. Start by choosing the area, then compare against recent sales in that same area and home type.
Read more: Private club vs. public golf communities in Scottsdale: what homes cost · McCormick Ranch in central Scottsdale: lakes, golf, homes, prices, and HOA basics
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Kyle Hermann
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Cheryl Solano
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Art Buck
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Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties
Sources
- Arizona Luxury Partners, Grayhawk homes for sale page (ARMLS via Flexmls; Grayhawk Community Association 2026 assessment guide; Maricopa County Assessor), market figures as of November 2, 2026. Link
- Arizona Luxury Partners, Raptor Retreat at Grayhawk page, ARMLS via Flexmls, 12 months ending November 2, 2026. Link
- Arizona Luxury Partners, Talon Retreat at Grayhawk page, ARMLS via Flexmls, 12 months ending November 2, 2026. Link
- Arizona Luxury Partners, The Park at Grayhawk page, ARMLS via Flexmls, 12 months ending November 2, 2026. Link
- Arizona Luxury Partners, Golf course communities in Maricopa County page and table, as of November 3, 2026. Link
- Grayhawk Golf Club, home page and Golf Overview, checked November 9, 2026. Link
- Grayhawk Golf Club, Talon Course page, checked November 9, 2026. Link
- Grayhawk Golf Club, Raptor Course page, checked November 9, 2026. Link
- Differences calculated by Arizona Luxury Partners: $1,287,500 minus $554,950 equals $732,550 (about 2.3 times); $1,140 plus $1,771.20 equals $2,911.20 a year.
All information provided is deemed reliable but is not guaranteed and should be independently verified. This article is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Brokerage License LC629808000. Equal Housing Opportunity.
