6587 N PALMERAIE Boulevard 1050, Paradise Valley, AZ 85253

$6,480,000
Property Type: Residential Bedrooms: 3 Baths: 3.5 Square Footage: 3,191 Lot Size (sq. ft.): 2,923 Status: Closed
Current Price: $6,480,000 List Date: 6/27/2025 Last Modified: 8/28/2025

Description

Introducing the trophy residence of the Ritz-Carlton Villas in Paradise Valley- a crown jewel within Arizona's most prestigious new address. This brand-new, designer-finished villa stands apart as the pinnacle of luxury and exclusivity, curated and crafted as the development team's flagship showcase. This premier single-level residence offers three spacious bedrooms and a flowing open-concept layout that blends indoor elegance with seamless outdoor entertaining space- all within the luxury of the new Ritz-Carlton resort grounds in the heart of Paradise Valley. As an owner, you'll enjoy privileged access to the private Residence Club, a sophisticated retreat featuring state-of-the-art fitness facilities, an elegant lounge, and a catering kitchen ideal for hosting. In addition,

Supplements: this villa includes full access to the legendary amenities of the adjacent Ritz-Carlton Paradise Valley resort: world-class dining, spa, concierge services, and more- all just steps from your door. Got fur babies? The pet park is conveniently located nearby. So many features set this residence apart, not the least of which is your own private full-size most pool, with expansive patio and beautiful ramada. This is more than a home. It's a statement. A Rare opportunity to own the most coveted residence in Arizona's most exceptional new luxury community.

More Information MLS# 6882862

Contract Information

Type: Exclusive Right To Sell Ownership: Condominium Co-Ownership (Fractional) Agreement YN: No Sold Price: $6,480,000 Status: Closed Current Price: $6,480,000 List Date: 2025-06-20

Location, Tax & Legal

Unit #: 1050 Building Number: C Assessor's Map #: 58 Legal Description (Abbrev): LOT 1050 7000 EAST LINCOLN VILLAS CONDOMINIUM 1 MCR 168333 Assessor's Parcel #: 514 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: 174-58-514 Subdivision: 7000 EAST LINCOLN VILLAS Tax Year: 2024

General Property Description

Dwelling Styles: Stacked # of Interior Levels: 1 Approx SQFT: 3191 Price/SqFt: 2030.71 Approx Lot SqFt: 2923 Approx Lot Acres: 0.067 Flood Zone: TBD Horses: N Model: 3 A Floor 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: Ritz Carlton Residences Dwelling Type: Apartment Exterior Stories: 3 # Bedrooms: 3 Total Bathrooms: 3.5 Year Built: 2024

Legal Info

Range: 4E Section: 10 Township: 2N Lot Number: 1050

Special Listing Cond

N/A: 1

Construction

Block: 1 Steel Frame: 1 Other: 1

Const - Finish

Painted: 1 Stone: 1 Synthetic Stucco: 1

Roofing

Concrete: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 3972.52 HOA Paid Frequency: Monthly HOA Name: 7000 E. Linc. Villas 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 E Linc. Master HOA 2 Telephone: 480-551-4527 HOA Management Company 2: Frist Service Resid HOA Management Phone 2: 480-551-4527 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 PAD Fee: 0 PAD Paid (Freq): Monthly Cap Improvement/Impact Fee: 1 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: 1140.98 Disclosure Fees HOA: 400 Disclosure Fees HOA 2: 400 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 4913.03

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Contemporary: 1 Other: 1

Master Bathroom

Full Bth Master Bdrm: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 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

Dual Pane: 1 Tinted Windows: 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

Eat-in Kitchen: 1 Breakfast Bar: 1 Dining in FR: 1 Other (See Remarks): 1

Heating

Electric: 1 Other: 1

View

Mountain(s): 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Engy Star (See Rmks): 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Pantry: 1 Refrigerator: 1 Walk-in Pantry: 1 Gas Cooktop: 1

Cooling

Programmable Thmstat: 1 Central Air: 1

Interior Features

Wet Bar: 1 Fire Sprinkler System: 1 No Interior Steps: 1 See Remarks: 1

Laundry

Washer Included: 1 Dryer Included: 1 Engy Star (See Rmks): 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Great Room: 1 Guest Qtrs-Sep Entrn: 1

Separate Den/Office

Sep Den/Office Y/N: N

Accessibility Feat.

Zero-Grade Entry: 1 Hallways 36in+ Wide: 1

Road Responsibility

Private Maintained Road: 1

Technology

Pre-Wire Srnd Snd: 1 Cable TV Avail: 1 High Speed Internet: 1 Ntwrk Wrng Multi Rms: 1 Smart Home: 1

Fencing

Block: 1

Water Source

Pvt Water Company: 1

Community Pool Features

Heated: 1

Exterior Features

Built-in BBQ: 1 Covered Patio(s): 1 Patio: 1 Gazebo: 1 Private Street(s): 1 Other: 1

Spa

Heated: 1

Sewer

Sewer-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 2 Total Covered Spaces: 0

Parking Features

Assigned Parking: 1 Common: 1 Community Structure: 1 Electric Vehicle Charging Station(s): 1 Over Height Garage: 1 Permit/Decal Req'd: 1 Separate Strge Area: 1 Temp Controlled: 1 Valet: 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

North/South Exposure: 1

Landscaping

Synthetic Grass Back: 1

Services

City Services: 1

Unit Style

All on One Level: 1 Ground Level: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

By Agreement: 1 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 Garbage Collection: 1 Pest Control: 1 Gas: 1 Front Yard Maint: 1 Common Area Maint: 1 Other (See Remarks): 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Rental OK (See Rmks): 1 Clubhouse: 1 Prof Managed: 1

Sold Info

Loan Type: Other Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 0 Seller Concession $/%: %

Remarks Misc

Cross Street: Lincoln Drive & Palmeraie Boulevard 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: 33.533353 Geo Lon: -111.929434

Status Change Info

Off Market Date: 2025-07-30 Under Contract Date: 2025-07-15 Close of Escrow Date: 2025-08-13 Sold Price: $6,480,000

Association Fees

Association Fee 2: 570.48

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Contemporary; Other View: Mountain(s) Master Bathroom: Full Bth Master Bdrm; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Other Bedroom Split; 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: Dual Pane; Tinted Windows Community Pool Features: Heated 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: Eat-in Kitchen; Breakfast Bar; Dining in FR; Other (See Remarks) Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Refrigerator; Engy Star (See Rmks); Pantry; Walk-in Pantry; Kitchen Island Laundry: Washer Included; Dryer Included; Engy Star (See Rmks); Inside Other Rooms: Great Room; Guest Qtrs-Sep Entrn Interior Features: Wet Bar; Fire Sprinkler System; No Interior Steps; See Remarks Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Smart Home Exterior Features: Built-in BBQ; Covered Patio(s); Gazebo; Patio; Private Street(s); Other Parking Features: Assigned Parking; Common; Community Structure; Electric Vehicle Charging Station(s); Over Height Garage; Permit/Decal Req'd; Separate Strge Area; Temp Controlled; Valet Road Responsibility: Private Maintained Road Construction: Block; Steel Frame; Other Const - Finish: Painted; Stone; Synthetic Stucco Roofing: Concrete Cooling: Central Air; Programmable Thmstat Heating: Electric; Other Plumbing: Tankless Ht Wtr Heat Utilities: APS; SW Gas Water Source: Pvt Water Company Sewer: Sewer-In & Connected Services: City Services Fencing: Block Property Description: North/South Exposure Landscaping: Synthetic Grass Back Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: By Agreement; Close of Escrow Unit Style: All on One Level; Ground Level Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Gas; Front Yard Maint; 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: RETSY
IDX
Last Updated: August - 28 - 2025
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