6587 N PALMERAIE Boulevard, 1051, Paradise Valley, AZ 85253
$5,600,000
Property Type:
Residential
Bedrooms:
3
Baths:
3.5
Square Footage:
2,942
Lot Size (sq. ft.):
2,942
Status:
Active
Current Price:
$5,600,000
Last Modified:
9/04/2025
Description
Welcome to this stunning Villa at the Ritz-Carlton Residences an extraordinary blend of resort-style living and timeless sophistication. This 3-bedroom, 3.5-bath home spans 2942 sq ft and was expertly curated by Ownby Design, showcasing top-tier finishes and refined elegance throughout.
The gourmet kitchen is a true showpiece, featuring dramatic Cristallo Iceberg countertops, sleek custom cabinetry, abundant storage, and a premium Wolf stainless steel appliance package. A custom steel-clad hood adds a bold, modern edge and ties in beautifully with the adjacent living and bar areas.
The open-concept great room is the heart of the home, designed for both everyday comfort and elevated entertaining. The living room, kitchen, and bar/den area flow together seamlessly, all anchored
Supplements: by striking materials and warm DuChâteau European oak wood flooring. Massive sliding glass doors stack to reveal a 450 sq ft covered outdoor patio complete with a fireplacecreating an exceptional indoor-outdoor living experience that truly embraces Arizona's luxury lifestyle. The primary suite offers peace and privacy, enhanced with automated privacy and blackout shades controlled by the home's full Crestron smart system. The ensuite bath is a spa-like retreat featuring a show-stopping, backlit Patagonia slab over the soaking tub, a separate shower, and a generous walk-in closet. A spacious junior primary suite offers guests or family members a luxurious experience of their own, complete with a large walk-in shower, dual vanities with Cristallo Vintage countertops, and a walk-in closet. Community amenities include a world-class clubhouse, expansive fitness studio and gym, resort-style pool and spa, bocce ball courts, private dog parks, and scenic walking paths all just minutes from the best of Paradise Valley. This villa offers plenty of privacy, along with two underground parking spaces and a private, temperature-controlled storage unit. With exclusive access to the Ritz-Carlton resort once it opens, this is more than a home it's a lifestyle.
More Information MLS# 6877699
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $5,600,000
Status: Active
Current Price: $5,600,000
List Date: 2025-06-09
Location, Tax & Legal
Unit #: 1051
Assessor's Map #: 58
Legal Description (Abbrev): LOT 1051 7000 EAST LINCOLN VILLAS CONDOMINIUM 1 MCR 168333
Assessor's Parcel #: 515
Tax Municipality: Paradise Valley
Taxes: 4619
House Number: 6587
Compass: N
Street Name: PALMERAIE
St Suffix: Boulevard
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 4377
County Code: Maricopa
Assessor Number: 174-58-515
Subdivision: 7000 EAST LINCOLN VILLAS CONDOMINIUM 1
Tax Year: 2024
General Property Description
Dwelling Styles: Stacked
# of Interior Levels: 1
Approx SQFT: 2942
Price/SqFt: 1903.47
Approx Lot SqFt: 2942
Approx Lot Acres: 0.068
Flood Zone: No
Horses: N
Model: 3 F Villa Plan
Builder Name: Five Star Development
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
Community Pool Y/N: Yes
Private Pool Y/N: No
Planned Comm Name: Ritz-Carlton Residences
Marketing Name: The Palmerarie
Dwelling Type: Apartment
Exterior Stories: 2
# Bedrooms: 3
# Bathrooms: 3.5
Year Built: 2024
Legal Info
Range: 4E
Section: 10
Township: 2N
Lot Number: 1051
Special Listing Cond
N/A: 1
Construction
Steel Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Stone: 1
Roofing
Concrete: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: No
HOA Transfer Fee: 0
HOA Fee: 3979.52
HOA Paid Frequency: Monthly
HOA Name: 7000 EastVillaCondos
HOA Telephone: 602.922.2990
HOA Management Company: Ritz-Carlton Hotel
Special Assessment HOA: No
HOA 2 Y/N: Y
HOA 2 Transfer Fee: 0
HOA Paid Frequency 2: Monthly
HOA 2 Name: 7000 East Lincoln R
HOA 2 Telephone: 480.618.0336
HOA Management Company 2: First Service Res
Special Assessment HOA 2: No
HOA 3 Y/N: Y
HOA 3 Transfer Fee: 0
HOA 3 Fee: 370.03
HOA Paid Frequency 3: Monthly
HOA 3 Name: Town of PV
HOA 3 Telephone: 480.948.7411
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Prepaid Association Fees HOA: 3979.52
Prepaid Association Fees HOA 2: 1140.96
Disclosure Fees HOA: 400
Disclosure Fees HOA 2: 400
Other Fees HOA: 1
Other Fees Description: 1% of gross sales price (Community Fee Assesment)
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 4920.03
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Architecture
Other: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
Other (See Remarks): 1
Master Bedroom
Split: 1
Additional Bedroom
2 Master Bedrooms: 1
Separate Bedroom Exit: 1
Master Bedroom Walk-in Closet: 1
Other Bedroom Walk-in Closet: 1
Add'l Property Use
None: 1
Fireplace Features
1 Fireplace: 1
Gas Fireplace: 1
Exterior Fireplace: 1
Flooring
Tile: 1
Wood: 1
Windows
Solar Screens: 1
Dual Pane: 1
Community Features
Biking/Walking Path: 1
Clubhouse/Rec Room: 1
Community Media Room: 1
Community Spa: 1
Community Spa Htd: 1
Concierge: 1
Gated: 1
Guarded Entry: 1
On-Site Guard: 1
Workout Facility: 1
Dining Area
Breakfast Bar: 1
Dining in LR/GR: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Kitchen Island: 1
Range/Oven Gas: 1
Refrigerator: 1
Reverse Osmosis: 1
Gas Cooktop: 1
Cooling
Programmable Thmstat: 1
Central Air: 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Separate Den/Office
Sep Den/Office Y/N: Y
Features
No Interior Steps: 1
See Remarks: 1
Accessibility Feat.
Zero-Grade Entry: 1
Road Responsibility
Private Maintained Road: 1
Technology
Cable TV Avail: 1
High Speed Internet: 1
Ntwrk Wrng Multi Rms: 1
Smart Home: 1
Security Sys Owned: 1
Fencing
Block: 1
See Remarks: 1
Water Source
Pvt Water Company: 1
Community Pool Features
Heated: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Sewer in & Cnctd: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 2
Garage Spaces: 2
Parking Features
Assigned Parking: 1
Separate Strge Area: 1
Temp Controlled: 1
Gated: 1
New Financing
Cash: 1
Conventional: 1
Energy/Green Feature
Multi-Zones: 1
Plumbing
Tankless Ht Wtr Heat: 1
Utilities
APS: 1
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
Borders Common Area: 1
Landscaping
Grass Front: 1
Yrd Wtring Sys Front: 1
Auto Timer H2O Front: 1
Unit Style
All on One Level: 1
Neighbor Above: 1
End Unit: 1
Poolside: 1
Ground Level: 1
Courtyard Facing: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
By Agreement: 1
Association Fee Incl
Exterior Mnt of Unit: 1
Roof Repair: 1
Roof Replacement: 1
Blanket Ins Policy: 1
Water: 1
Sewer: 1
Pest Control: 1
Gas: 1
Common Area Maint: 1
Other (See Remarks): 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Clubhouse: 1
Prof Managed: 1
Other (See Remarks): 1
Remarks Misc
Cross Street: Lincoln Drive & Palmeraie Boulevard
Directions: North on Palmeraie Boulevard to The Ritz-Carlton Villa Condominium Residences East of Palmeraie Boulevard. Through the gate continue to The Palmeraie clubhouse, guest parking in circle drive.
Geo Lat: 33.533465
Geo Lon: -111.929437
Association Fees
Association Fee 2: 570.48
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Other
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; Other (See Remarks)
Master Bedroom: Split
Additional Bedroom: 2 Master Bedrooms; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Fireplace Features: 1 Fireplace; Gas Fireplace; Exterior Fireplace
Flooring: Tile; Wood
Windows: Solar Screens; Dual Pane
Community Pool Features: Heated
Spa: None
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: Breakfast Bar; Dining in LR/GR
Kitchen Features: Range/Oven Gas; Gas Cooktop; Disposal; Dishwasher; Refrigerator; Reverse Osmosis; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room
Features: No Interior Steps; See Remarks
Technology: Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Security Sys Owned; Smart Home
Exterior Features: Covered Patio(s); Patio
Parking Features: Assigned Parking; Gated; Separate Strge Area; Temp Controlled
Road Responsibility: Private Maintained Road
Construction: Steel Frame
Const - Finish: Painted; Stucco; Stone
Roofing: Concrete
Cooling: Central Air; Programmable Thmstat
Heating: Electric
Plumbing: Tankless Ht Wtr Heat
Utilities: APS; SW Gas
Water Source: Pvt Water Company
Sewer: Sewer - Public; Sewer in & Cnctd
Fencing: Block; See Remarks
Property Description: Borders Common Area
Landscaping: Grass Front; Yrd Wtring Sys Front; Auto Timer H2O Front
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Possession: By Agreement
Unit Style: All on One Level; Neighbor Above; End Unit; Poolside; Ground Level; Courtyard Facing
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Pest Control; Gas; Common Area Maint; Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Compass
Last Updated: September - 04 - 2025
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