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The Condo Mania Team

MLS: 6916368     $5,400,000
3 Bedrooms with 4 Baths

MLS: 6916368 Condo For Sale
6587 N PALMERAIE BOULEVARD 2020#2020
PARADISE VALLEY AZ 85253

MLS:  6916368
Status:  ACTIVE
List Price:  $5,400,000
Price per SQFT:  $1,686
Square Footage:  3202

3 Bedrooms
4 Baths
Year Built:  2020
Zip Code:  85253

 

Listing Remarks

Branded residences are quickly becoming one of the most sought-after luxury asset classes in the world, known for preserving and growing value over time, as highlighted by Forbes. The Ritz-Carlton Residences, Paradise Valley stands at the forefront of this movement, offering a rare opportunity to own a turnkey luxury residence that can be enjoyed as a primary home, a refined retreat, or an income-producing rental in what is being coined the modern country club of Paradise Valley. Featured on ABC15 Arizona Real Estate Essentials, 3 bedroom, 3.5 bath villa delivers five-star living with contemporary sophistication. Each bedroom offers its own ensuite bath, creating private hotel-level suites for residents and guests alike. No two residences here are the same. This home was custom designed by Ownby Design, Scottsdale's leading luxury interior design firm, featuring 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. As a coveted end unit, the residence enjoys tranquil courtyard views, a private building elevator to the secure underground garage, and a dedicated storage unit. Its location offers enhanced privacy while remaining a short, scenic walk to the resort-style amenities. 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, underground parking, private garages, and valet service. 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.

Address: 6587 N PALMERAIE BOULEVARD 2020#2020 PARADISE VALLEY AZ 85253

MLS Logo  ARMLS JENIFER JANNIERE of SERHANT.

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Condo Mania Agent

Featured Real Estate Agent Angela Covey

Angela Covey

HomeSmart
Real Estate Agent
Phone: 602-677-9038

Contact Angela Covey

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Apartment
LISTING CONTRACT DATE:2025-08-23
ON MARKET DATE:2025-09-10
BEDROOMS:3
BATHROOMS:3.5
LIVING AREA SQ FT:3202
LIVING AREA SOURCE:Builder
YEAR BUILT:2020
TAXES:$4,633
HOA/MGMT CO:7000 E LINCOLN VILLA
HOA/MGMT PHONE:602-922-2990
HOA FEES FREQUENCY:Monthly
HOA FEES:$4,595
HOA #2 FEES FREQUENCY:Monthly
HOA #2 FEES:$570
HOA INCLUDES:Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Other (See Remarks), Street Maint, Gas, Trash, Water, Roof Replacement, Maintenance Exterior
COMMUNITY FEATURES:Pool, Gated, Community Spa, Community Spa Htd, Community Media Room, Guarded Entry, Concierge, Biking/Walking Path, Fitness Center
APPLIANCES INCLUDED:Electric Cooktop, Built-In Electric Oven
ARCHITECTURAL STYLE:Other, Contemporary
BUILDER NAME:Five Star Development
CONSTRUCTION:Stucco, Other, Steel Frame, Painted, Stone, Block
EXTERIOR FEATURES:Balcony
FIREPLACE:Exterior Fireplace, Gas
FLOORING:Tile
HEATING:Other, Electric
COOLING:Central Air, Programmable Thmstat
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 & Tub
# GARAGE SPACES:0
# CARPORT SPACES:0
PARKING FEATURES:Gated, Separate Strge Area, Assigned, Community Structure, Valet
ROOF:Built-Up
STORIES TOTAL:3
VIEW:Mountain(s)
LEGAL DESCRIPTION:LOT 2020 7000 EAST LINCOLN VILLAS CONDOMINIUM 1 MCR 168333
LISTING AGENT:JENIFER JANNIERE
LISTING OFFICE:SERHANT.
LISTING CONTACT:480-221-1212

Estimated Monthly Payments

List Price:$5,400,000
20% Down Payment:$1,080,000
Loan Amount:$4,320,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$27,305

Estimate does not include taxes, fees, insurance.

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Property Location: 6587 N PALMERAIE BOULEVARD 2020#2020 PARADISE VALLEY AZ 85253


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.5 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
6914347 $5,990,000 6587 N PALMERAIE BOULEVARD 3020#3020 3 4 3202 RESIDENCES AT THE RITZ CARLTON
6924825 $3,500,000 6587 N PALMERAIE BOULEVARD 2007#2007 2 3 2198 RESIDENCES AT THE RITZ CARLTON
6947918 $2,895,000 6587 N PALMERAIE BOULEVARD 3010#3010 1 2 1739 RESIDENCES AT THE RITZ CARLTON
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6904668 $850,000 7332 E CLAREMONT STREET 3 3 2630
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6825864 $1,099,000 6701 N SCOTTSDALE ROAD 23#23 3 4 2740 CUERNAVACA TOWNHOUSES
6947570 $1,799,000 6701 N SCOTTSDALE ROAD 16#16 3 3 4096 CUERNAVACA TOWNHOUSES
6935513 $2,320,000 6701 N SCOTTSDALE ROAD 20#20 4 5 3466 CUERNAVACA TOWNHOUSES
6935304 $2,600,000 6701 N SCOTTSDALE ROAD 34#34 3 4 3566 CUERNAVACA TOWNHOUSES

Condo Mania Agent

Featured Real Estate Agent Angela Covey

Angela Covey

HomeSmart
Real Estate Agent
Phone: 602-677-9038

Contact Angela Covey

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Community: RESIDENCES AT THE RITZ CARLTON ... Listing 3 of 5
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ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on information from the Arizona Regional Multiple Listing Service. Copyright © 2025. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2026-01-24 18:13:08