6587 N PALMERAIE Boulevard 2020, Paradise Valley, AZ 85253, Paradise Valley AZ 85253
Experience branded Villas at The Ritz-Carlton Residences, Paradise Valley. Now offering 1-yr of HOA dues included. Paradise Valley is 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 luxury turnkey opportunity, complete with bespoke interiors and an optional furniture package. Tranquil courtyard views, enhanced privacy, and a private elevator access to a secure underground garage. This villa delivers both exclusivity and ease within what is being called the modern country cl
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Paradise Valley
This property is offered at $1,624 per square foot, compared with a $748 median for active 3-bedroom homes in Paradise Valley. Its asking price falls near the 90th percentile of that active group. The comparison uses 41 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $4,125,000, and the median is $930 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 6587 N Palmeraie Unit 2003, Paradise Valley, AZ 85253 | May 27, 2026 | 2 bd · 2,100 sqft | $13,500 | 0.1 mi |
| 6587 N PALMERAIE Boulevard 1042, Paradise Valley, AZ 85253 | Aug 1, 2026 | 2 bd · 2,100 sqft | $12,500 | 0.1 mi |
| 6982 E JOSHUA TREE Lane, Paradise Valley, AZ 85253 | Jun 30, 2026 | 5 bd · 5,369 sqft | $4,800,000 | 0.2 mi |
| 6962 E CACTUS WREN Road, Paradise Valley, AZ 85253 | May 6, 2026 | 3 bd · 3,646 sqft | $4,100,000 | 0.2 mi |
| 6930 E CACTUS WREN Road, Paradise Valley, AZ 85253 | Jul 27, 2026 | 3 bd · 3,646 sqft | $4,150,000 | 0.2 mi |
| 6866 E CACTUS WREN Road, Paradise Valley, AZ 85253 | Sep 23, 2026 | 3 bd · 3,224 sqft | $4,185,000 | 0.3 mi |
| 6838 E JOSHUA TREE Lane, Paradise Valley, AZ 85253 | Jun 5, 2026 | 4 bd · 4,333 sqft | $3,800,000 | 0.3 mi |
| 6802 E JOSHUA TREE Lane, Paradise Valley, AZ 85253 | May 15, 2026 | 3 bd · 5,948 sqft | $5,750,000 | 0.4 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $5,200,000 · Active
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Similar active homes in Paradise Valley
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Paradise Valley homes for sale · See the Paradise Valley market report