6587 N PALMERAIE Boulevard 2021, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 3 bed, 4 bath
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Paradise Valley, AZ 85253
This Ultra-Luxury Ritz-Carlton Villa is a Strong Value Opportunity, listed at $5,195,000—positioned well below the $5,433,500 Fair Market Value by 4%. This valuation gap offers $238,500 in Instant Equity for the incoming buyer. Featuring a Pristine Condition Rating, the 2025 construction showcases Taj Mahal quartzite, Wolf appliances, and Crestron automation. Located near Kiva Elementary, owners enjoy world-class concierge services, a private pool, and movement studio. This is a premier acquisition for Luxury Owner-Occupants or Secondary Home Buyers seeking branded excellence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6587 N PALMERAIE Boulevard 2021 Subject | $5,195,000* List Price | 3 | 4 | 3,202 | $1,697 | - |
A 6587 N PALMERAIE Boulevard 3020 Active | $5,990,000 List Price | 3 | 4 | 3,202 | $1,871 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 luxury construction within the Ritz-Carlton Residences. It features ultra-premium finishes including Wolf appliances, Taj Mahal quartzite countertops and backsplashes, custom walnut cabinetry, and integrated Crestron automation. The property is in pristine condition with modern 10-foot ceilings and high-end large-format tile flooring throughout.
As part of The Ritz-Carlton Residences, owners benefit from world-class amenities including a private pool, fitness center, and concierge services, ensuring a high-standard luxury lifestyle.
The unit features top-tier materials such as Taj Mahal quartzite, Wolf appliances, and walnut cabinetry, paired with advanced Crestron automation for a sophisticated living experience.
Built in 2025, this villa offers contemporary 10-foot ceilings, an open-concept layout, and a large terrace with an outdoor fireplace, meeting the demands of modern luxury buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3202, other record lot size in square feet = 2971.
The association fee of $3,972 per month represents a significant recurring expense that may impact the overall value proposition for some investors or secondary home buyers.
Being a second-floor unit with courtyard views, it lacks the expansive mountain or desert vistas often expected at the $5 million-plus price point in Paradise Valley.
The Ritz-Carlton Residences set a high bar in Paradise Valley. This 3 bed, 3.5 bath second-floor villa offers 3,202 sq. ft. of polished space. The open layout flows with ease. So does the light. Large-format tile, Taj Mahal counters and backsplash, walnut cabinetry, floating vanities, designer accents, and WOLF appliances sharpen the interiors. Crestron audio/video, power shades, custom closets, 10-foot ceilings, and expansive windows keep things elevated. The large terrace brings an outdoor fireplace, courtyard views, water features, and a strong sense of calm. Second-floor placement adds privacy. Inside, every finish feels deliberate. Villa owners also enjoy private pool, fitness center, movement studio, demonstration kitchen, social spaces, and lush gardens. Branded luxury. Done RIGHT.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 70% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 3,202 | 1,179 | 90% |
| Lot Size | 3,202 | 1,206 | 90% |
| Price | $5.20M | $378.0K | 90% |
| Price per sq ft | $1.6K | $341 | 90% |
| Built year | 2025 | 1994 | 90% |
| HOA | $3972 | $328 | 90% |
| Days on market | 50 | 1070 | 10% |
Mar 3, 2026
$5,195,000
Initial Listing