6587 N PALMERAIE Boulevard 1043, Paradise Valley, AZ 85253

$5,425,000
Property Type: Residential Bedrooms: 3 Baths: 3.5 Square Footage: 3,191 Lot Size (sq. ft.): 2,927 Status: Closed
Current Price: $5,425,000 Last Modified: 5/16/2025

Description

Welcome to the Ritz-Carlton lifestyle, where luxury and comfort merge seamlessly. This exquisite garden-level unit, with an extended patio, offers the perfect blend of indoor and outdoor living. Centrally located yet incredibly private, you'll have easy access to the pool, fitness center, and clubhouse, making every day feel like a retreat. Inside, you'll find custom millwork and high-end finishes throughout, from bespoke tile and countertops to exquisite flooring and wall coverings. The den is a wine lover's dream, featuring tailored millwork, Sub-Zero wine storage columns, and ample barware space. State-of-the-art technology enhances your living experience with Crestron lighting control, motorized privacy and blackout shades, house music system and in ceiling speakers throughout.

Supplements: The interior flooring and patio are adorned with elegant Galician Blue Limestone, while the bedrooms feature warm European white oak. Luxurious touches continue in the bathrooms with beautiful marble, wood and porcelain finishes. This villa is more than just a home; it's a lifestyle defined by elegance and convenience. Welcome to your new sanctuary.

More Information MLS# 6722692

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $5,425,000 Status: Closed Current Price: $5,425,000 List Date: 2024-06-22

Location, Tax & Legal

Unit #: 1043 Assessor's Map #: 58 Legal Description (Abbrev): LOT 1043 7000 EAST LINCOLN VILLAS CONDOMINIUM MCR 136108 Assessor's Parcel #: 290 Tax Municipality: Paradise Valley Taxes: 4592 House Number: 6587 Compass: N Street Name: PALMERAIE St Suffix: Boulevard City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 4376 County Code: Maricopa Assessor Number: 174-58-290 Subdivision: 7000 EAST LINCOLN VILLAS CONDOMINIUM Tax Year: 2023

General Property Description

Dwelling Styles: Stacked # of Interior Levels: 1 Approx SQFT: 3191 Price/SqFt: 1700.09 Approx Lot SqFt: 2927 Approx Lot Acres: 0.067 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 Fireplace YN: Yes Fireplaces Total: 1 Marketing Name: The Palmerarie Dwelling Type: Apartment Exterior Stories: 2 # Bedrooms: 3 Total Bathrooms: 3.5 Year Built: 2024

Legal Info

Range: 4E Section: 10 Township: 2N Lot Number: 1043

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: Yes 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

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

Gas Fireplace: 1 Exterior Fireplace: 1

Flooring

Tile: 1 Wood: 1

Window Features

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 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Multiple Ovens: 1 Refrigerator: 1 Reverse Osmosis: 1 Wall Oven(s): 1 Gas Cooktop: 1

Cooling

Programmable Thmstat: 1 Central Air: 1

Interior Features

No Interior Steps: 1 See Remarks: 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

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

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 & Connected: 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

Close of Escrow: 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

Sold Info

Loan Type: Cash Closing Cost Split: Seller Assist - A Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 21221.6 Seller Concession $/%: $

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: 33.533468 Geo Lon: -111.929043

Status Change Info

Off Market Date: 2025-04-17 Under Contract Date: 2025-03-28 Close of Escrow Date: 2025-05-15 Sold Price: $5,425,000

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 Master Bedroom: Split Additional Bedroom: 2 Master Bedrooms; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace Features: Gas Fireplace; Exterior Fireplace Flooring: Tile; Wood Window Features: 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: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Refrigerator; Reverse Osmosis; Wall Oven(s); Multiple Ovens; Kitchen Island Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room Interior Features: No Interior Steps; See Remarks Technology: Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms 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 & Connected 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: Close of Escrow 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
IDX
Last Updated: May - 16 - 2025
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