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 Fireplace YN: Yes Fireplaces Total: 1 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

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 Refrigerator: 1 Reverse Osmosis: 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 Smart Home: 1 Security System 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 & 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

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: 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; 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; Security System 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 & 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: 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