$5,425,000
Paradise Valley, AZ 85253
MLS# 6722692
Status: Closed
3 beds | 3.5 baths
1 / 28
Property Description
Welcome to the Ritz-Carlton lifestyle, where luxury and comfort merge seamlessly. This exquisite garden-level unit, with an extended patio, offers the perfect blend of indoor and outdoor living. Centrally located yet incredibly private, you'll have easy access to the pool, fitness center, and clubhouse, making every day feel like a retreat. Inside, you'll find custom millwork and high-end finishes throughout, from bespoke tile and countertops to exquisite flooring and wall coverings. The den is a wine lover's dream, featuring tailored millwork, Sub-Zero wine storage columns, and ample barware space. State-of-the-art technology enhances your living experience with Crestron lighting control, motorized privacy and blackout shades, house music system and in ceiling speakers throughout.
Details
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $5,425,000
Status: Closed
Current Price: $5,425,000
List Date: 2024-06-22
Location, Tax & Legal
Unit #: 1043
Assessor's Map #: 58
Legal Description (Abbrev): LOT 1043 7000 EAST LINCOLN VILLAS CONDOMINIUM MCR 136108
Assessor's Parcel #: 290
Tax Municipality: Paradise Valley
Taxes: 4592
House Number: 6587
Compass: N
Street Name: PALMERAIE
St Suffix: Boulevard
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 4376
County Code: Maricopa
Assessor Number: 174-58-290
Subdivision: 7000 EAST LINCOLN VILLAS CONDOMINIUM
Tax Year: 2023
General Property Description
Dwelling Styles: Stacked
# of Interior Levels: 1
Approx SQFT: 3191
Price/SqFt: 1700.09
Approx Lot SqFt: 2927
Approx Lot Acres: 0.067
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
Total Bathrooms: 3.5
Year Built: 2024
Legal Info
Range: 4E
Section: 10
Township: 2N
Lot Number: 1043
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: Yes
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
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
Multiple Ovens: 1
Refrigerator: 1
Reverse Osmosis: 1
Wall Oven(s): 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
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
Close of Escrow: 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
Sold Info
Loan Type: Cash
Closing Cost Split: Seller Assist - A
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 21221.6
Seller Concession $/%: $
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: 33.533468
Geo Lon: -111.929043
Status Change Info
Off Market Date: 2025-04-17
Under Contract Date: 2025-03-28
Close of Escrow Date: 2025-05-15
Sold Price: $5,425,000
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
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; Wall Oven(s); Multiple Ovens; 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
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: Close of Escrow
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
Supplements
The interior flooring and patio are adorned with elegant Galician Blue Limestone, while the bedrooms feature warm European white oak. Luxurious touches continue in the bathrooms with beautiful marble, wood and porcelain finishes. This villa is more than just a home; it's a lifestyle defined by elegance and convenience. Welcome to your new sanctuary.
Listing Office: Compass
Last Updated: May - 16 - 2025
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