6587 N PALMERAIE Boulevard #2021, Paradise Valley, AZ, 85253
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2025
Materials
- Roof: Concrete
- Construction materials: Synthetic Stucco,Other,Steel Frame,Painted,Stone,Block
Other
- Builder name: Five Star Development
Type & Style
- Home type: Condo
- Architectural style: Other,Contemporary
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dryer,Washer,Refrigerator,Dishwasher,Disposal,Gas Range,Gas Oven,Gas Cooktop
- Laundry features: Inside,Engy Star (See Rmks)
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Pantry,High Speed Internet,Smart Home,Double Vanity,See Remarks,Eat-in Kitchen,Breakfast Bar,No Interior Steps,Vaulted Ceiling(s),Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
- Window features: Double Pane Windows,ENERGY STAR Qualified Windows,Tinted Windows
- Flooring: Tile
- Number of fireplaces: 1
- Fireplace features: Exterior Fireplace,Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Other,Electric
- Cooling features: Central Air,Programmable Thmstat
Interior Area
- Total structure area: 3,202
- Total interior livable area: 3,202 sqft
Property
Accessibility
- Accessibility features: Zero-Grade Entry,Accessible Hallway(s)
Details
- Parcel number: 17458535
- Attached to another structure: Yes
Features
- Stories: 3
- Patio & porch: Covered,Patio
- Exterior features: Other,Private Street(s)
- Has spa: Yes
- Spa features: Heated,Bath
- Fencing: Block
Lot
- Lot size: 3,202 sqft
- Features: North/South Exposure,Synthetic Grass Back
Parking
- Total spaces: 2
- Parking features: Gated,Over Height Garage,Storage,Temp Controlled,Assigned,Community Structure,Permit Required,Valet,Common,Electric Vehicle Charging Station(s)
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Hail
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $26,268 | $315,216 |
| Home Insurance | $639 | $7,668 |
| Property Taxes | $1,904 | $22,848 |
| Electricity | $339 | $4,069 |
| Total | $29,150 | $349,800 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-10 | Listed for rent | $20,000 |
| 2026-03-10 | Listing removed | $20,000 |
| 2026-03-04 | Listed for rent | $20,000 |
| 2026-03-03 | Listed for sale | $5,195,000 |
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