6587 N PALMERAIE Boulevard 2020, Paradise Valley, AZ 85253 - MLS #6916368

images$5,400,000 images3 Beds

images4 Bath images3,202 sqft images2020

imagesActive

icon Ask a Question

Description

Branded residences are quickly becoming one of the most sought-after luxury asset classes in the world, known for preserving and growing value over time, as highlighted by Forbes. The Ritz-Carlton Residences, Paradise Valley stands at the forefront of this movement, offering a rare opportunity to own a turnkey luxury residence that can be enjoyed as a primary home, a refined retreat, or an income-producing rental in what is being coined the modern country club of Paradise Valley. Featured on ABC15 Arizona Real Estate Essentials, 3 bedroom, 3.5 bath villa delivers five-star living with contemporary sophistication. Each bedroom offers its own ensuite bath, creating private hotel-level suites for residents and guests alike.

Supplements: No two residences here are the same. This home was custom designed by Ownby Design, Scottsdale's leading luxury interior design firm, featuring bespoke lighting, designer wall coverings, and Waterworks fixtures throughout. The chef's kitchen is anchored by a striking quartzite island with push-to-open cabinetry and Rev-A-Shelf systems, Wolf appliances including an induction cooktop and built-in coffee system, Sub-Zero refrigeration with four additional refrigerator drawers, and an integrated wine dispenser. Large-format tile flooring and a sleek paneled TV wall elevate the open-concept living space, while a split floor plan ensures privacy. Double doors lead to the serene primary suite overlooking the courtyard, where dual vanities, custom storage, and a spacious walk-in closet create a spa-like retreat. As a coveted end unit, the residence enjoys tranquil courtyard views, a private building elevator to the secure underground garage, and a dedicated storage unit. Its location offers enhanced privacy while remaining a short, scenic walk to the resort-style amenities. Set against Camelback and Mummy Mountain views, residents enjoy a clubhouse that feels more like a five-star resort, complete with concierge service, elegant lounge spaces, a state-of-the-art fitness center, conference facilities, underground parking, private garages, and valet service. Future development will include the Ritz-Carlton hotel, curated retail and dining, and exclusive owner privileges that continue to elevate both lifestyle and long-term value. This is not just a home. It is a refined investment in one of Paradise Valley's most prestigious and forward-thinking communities.

Property Features
Special Listing Cond: N/A
Architecture: Contemporary; Other
Building Style: Clustered
View: Mountain(s)
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Master Bedroom: Split
Additional Bedroom: Other Bedroom Split; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace Features: Gas Fireplace; Exterior Fireplace
Flooring: Tile
Window Features: Dual Pane; Tinted Windows
Community Pool Features: Heated; Outdoor
Spa: Heated
Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Media Room; Community Spa; Community Spa Htd; Concierge; Gated; Guarded Entry; On-Site Guard; Workout Facility
Dining Area: Formal; Eat-in Kitchen; Breakfast Bar; Dining in FR
Kitchen Features: Built-In Electric Oven; Electric Cooktop; Dishwasher; Refrigerator; Built In Recycling; Pantry; Granite Counters; Kitchen Island
Laundry: Washer Included; Dryer Included
Other Rooms: Great Room
Interior Features: 9+ Flat Ceilings; Roller Shields; No Interior Steps; Water Softener Owned; Furnished(See Rmrks)
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Balcony
Parking Features: Assigned Parking; Community Structure; Gated; Separate Strge Area; Valet
Road Responsibility: Private Maintained Road
Construction: Block; Steel Frame; Other
Const - Finish: Painted; Stucco; Stone
Roofing: Built-Up
Cooling: Central Air; Programmable Thmstat
Heating: Electric; Other
Plumbing: Tankless Ht Wtr Heat
Utilities: APS; SW Gas
Water Source: Pvt Water Company
Sewer: Sewer - Public; Sewer-In & Connected
Fencing: Block
Landscaping: None
Lockbox Type: See Private Remarks
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Gas; Common Area Maint; Street Maint; Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Contract Information
List Price: $5,400,000
Status: Active
Current Price: $5,400,000
List Date: 2025-08-23
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
House Number: 6587
Compass: N
Street Name: PALMERAIE
St Suffix: Boulevard
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 4378
County Code: Maricopa
Assessor Number: 174-58-534
Subdivision: 7000 EAST LINCOLN VILLAS CONDOMINIUM 1
Tax Year: 2024
General Property Description
Dwelling Type: Apartment
Dwelling Styles: Stacked
Exterior Stories: 3
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 3
Half Bathrooms: 1
Total Bathrooms: 4
Approx SQFT: 3202
Price/SqFt: 1686.45
Horses: N
Model: 3A
Builder Name: Five Star Development
Year Built: 2020
Approx Lot SqFt: 2970
Approx Lot Acres: 0.068
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Remarks Misc
Cross Street: Lincoln Drive & Palmeraie
Directions: West on Lincoln Drive to Palmeraie Blvd. North on Palmeraie BLvd to guard gate. Check in with guard and then proceed to Ritz Carlton Residences Clubhouse on right hand side.
Geo Lat: 33.534162
Geo Lon: -111.929437
Township: 2N
Range: 4E
Section: 10
Lot Number: 2020
Association Fees
Association Fee 2: 570.48
Basement
Basement Y/N: N
Parking Spaces
Slab Parking Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings