Listing provided courtesy of SERHANT.- MLS# 6916368MLS Provider

6587 N PALMERAIE Boulevard #2020Paradise Valley, AZ 85253

Single Family · 3 Beds · 3 Full Baths · 1 Half Bath · 3,202 Sq. ft. | 0.07 Acres
$5,200,000 Active

6587 N PALMERAIE Boulevard #2020 Overview

Time on Site:
293 days
Visits:
3

Branded residences at The Ritz-Carlton Residences, Paradise Valley represent one of the most coveted luxury asset classes, blending five-star living with long-term value. This custom-designed, end-unit residence designed by Ownby Design offers a rare turnkey opportunity, complete with bespoke interiors and the option to purchase the custom living room, foyer, and dining furnishings for a fully curated experience. Ideally positioned with tranquil courtyard views, enhanced privacy, and private elevator access to a secure underground garage, this home delivers both exclusivity and ease. Set within what is being coined the modern country club of Paradise Valley, residents enjoy a lifestyle defined by resort-style amenities and future Ritz-Carlton hotel and retail offerings. No two residences here are the same. This home was thoughtfully designed with 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. 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, private underground parking, and giard gated. 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. Featured on ABC15 Arizona Real Estate Essentials, this 3 bedroom, 3.5 bath villa delivers five-star living with contemporary sophistication, with each bedroom offering its own ensuite bath for private, hotel-level living.

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6587 N PALMERAIE Boulevard #2020 Facts & Features

  • Type Single Family
  • Sq. ft. 3,202
  • Price/Sq.ft. $1,624
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $4,827.67
  • Association Fee 2 Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Roof Repair,Insurance,Sewer,Pest Control,Maintenance Grounds,Other (See Remarks),Street Maint,Gas,Trash,Water,Roof Replacement,Maintenance Exterior
  • Association Name: 7000 E LINCOLN VILLA
  • Association Name 2: First Residential
  • Association: true

School Information

  • School District: Scottsdale Unified District
  • Elementary School: Kiva Elementary School
  • Middle Or Junior School: Mohave Middle School
  • High School: Saguaro High School

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Information

  • Builder Name: Five Star Development
  • Year Built: 2020

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Paradise Valley
  • Subdivision Name: 7000 EAST LINCOLN VILLAS CONDOMINIUM 1
  • Township: 2N

Community/Development

  • Community Features: Pool,Gated,Community Spa,Community Spa Htd,Community Media Room,Guarded Entry,Concierge,Biking/Walking Path,Fitness Center

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $4,633.00
  • Tax Year: 2024

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Cash,Conventional,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 174-58-534
  • Property Sub Type: Apartment
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Building Area Source: Builder

General Information

  • Accessibility Features: Accessible Door 32in+ Wide,Zero-Grade Entry,Accessible Hallway(s)
  • Fireplace Features: Exterior Fireplace,Gas
  • Fireplace: true
  • Fireplaces Total: 1
  • Flooring: Tile
  • Interior Features: High Speed Internet,Granite Counters,Double Vanity,Eat-in Kitchen,Breakfast Bar,9+ Flat Ceilings,Furnished(See Rmrks),No Interior Steps,Roller Shields,Kitchen Island,Pantry,Full Bth Master Bdrm,Separate Shwr \u0026 Tub
  • Living Area: 3202.0
  • Living Area Source: Builder
  • Rooms Total: 0
  • Security Features: Security Guard
  • Spa Features: Heated
  • Stories Total: 3
  • Window Features: Dual Pane,Tinted Windows

Unit Information

  • Unit Number: 2020

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Gated,Separate Strge Area,Assigned,Community Structure,Valet

Lot Information

  • Lot Features: None
  • Lot Size Area: 2970.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2970.0
  • Lot Size Units: Square Feet
  • Road Responsibility: Private Maintained Road
  • Water Source: Pvt Water Company

Waterfront/View

  • View: Mountain(s)

Building Exterior/Construction

  • Architectural Style: Other,Contemporary
  • Attached Garage: false
  • Construction Materials: Stucco,Other,Steel Frame,Painted,Stone,Block
  • Property Attached: true
  • Roof: Built-Up

General Information

  • Exterior Features: Balcony
  • Fencing: Block
  • Horse: false
  • Pool Private: false
  • Sewer: Sewer in \u0026 Cnctd,Public Sewer

6587 N PALMERAIE Boulevard #2020 Neighborhood

Community

85253 (Paradise Valley) Demographics

54
Median Age
1,045
Population Density (per sq. mile)
74%
College Educated
$170,224
Estimated Median Income
6,880
Estimated Total Home Owners
1,202
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6587 N PALMERAIE Boulevard #2020 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6587 N PALMERAIE Boulevard #2020 Market Data

Based on the last 30 days in this zip code

$6,216,389
Average List Price
$1,124
Average Price per Square Foot
27
Properties Sold
126
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

6587 N PALMERAIE Boulevard #2020 History

Date Event Value Agent
4/2/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$5,200,000 -3.7%
10/7/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$5,400,000 -1.8%
9/10/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
September 10, 2025