Realty Executives Phoenix
Denise van den Bossche 602-980-0737
Associate Broker, Realtor & Team Leader (602) 980-0737
Denise van den Bossche 602-980-0737
Associate Broker, Realtor & Team Leader
Realty Executives Phoenix
Nestled in the picturesque Paradise Valley, on the border of the resorts, shopping and dining Scottsdale is known for, lies this amazing 7 bedroom 7 bath privately gated estate. Directly across the street, the first Ritz-Carlton development in over a decade is set to redefine luxury living. The Ritz has an announced opening during 2024 - 2025 promising a lifestyle like no other. These homes and surrounding neighborhoods are ideal for those who seek the epitome of upscale living.
The 122 Acre Ritz master planned community includes a 160,000 square foot shopping and dining destination the Palmeraie, expected to be the top destination of its type in North America. That is a very big claim! If that is the case, there is no doubt that serious appreciation will be realized in the neighborhoods surrounding this destination.
The Town of Paradise Valley speaks for itself (more). What this home offers is an opportunity to live in walking distance of the Ritz-Carlton Paradise Valley and Palmeraie Shopping District Scottsdale (both underway and coming soon for fabulous appreciation potential) but with maintaining that which makes Paradise Valley special: Spacious one acre lots and a distinct architecture that is your own. Live in the fastest appreciating neighborhood of Paradise Valley without sacrificing the reasons you chose to live here.
One of the standout features of the Ritz-Carlton Paradise Valley is that it's designed as a resort-style community. This means residents will enjoy all the benefits of a luxury resort right at their doorstep. Imagine waking up to world-class amenities, from spa treatments to fine dining and impeccable service, all without leaving your neighborhood.
The single family homes at the Ritz start currently at $1,197/square foot. Average lot size is 1/4 acre. Most models are multiple-story due to the density. The Active listing April 2024 is listed at $6,695,000: This 2 story 5,593 square foot 4 bedroom 6 bath is on a 17,695 square foot lot with a private pool and casita. Monthly fee is $812 which pays for the on-site guard. No resort services are included in Azure. This is one of the larger lots in the 66-home Azure subdivision.
The Ritz-Carlton Villas: All 80 are sold, while 17 of the 32 estate homes are spoken for, according to Five Star Development.
FENDI Private Residences: FENDI is now taking indications of interet at their exclusive residential development on the new multi-billion-dollar Ritz-Carlton Paradise Valley site. Located at the highly anticipated Palmeraie shopping district, the FENDI Private Residences will be a testimony to the elegance and sophistication for which the brand is known and destined to be the most expensive address in Arizona.
The Ritz-Carlton Paradise Valley neighborhood offers a host of amenities and activities for residents to enjoy:
World-Class Spa and Wellness Facilities: Indulge in rejuvenating spa treatments, yoga sessions, and fitness classes, all designed to promote wellness and relaxation.
Culinary Delights: Savor gourmet cuisine at the on-site restaurants, with renowned chefs creating delectable dishes inspired by the local flavors of the Southwest.
Resort Pools: Enjoy lazy days by the pool, complete with cabanas and poolside service for the ultimate relaxation.
Golfing: If you're a golf enthusiast, you're in luck. The neighborhood is surrounded by some of the best golf courses in the region.
Hiking and Outdoor Activities: Explore the nearby hiking trails and natural parks to connect with the breathtaking desert landscape.
Community Events: The Ritz-Carlton Paradise Valley hosts a variety of community events and social gatherings, fostering a sense of belonging among residents.
The Ritz-Carlton Paradise Valley's prime location in the heart of the Scottsdale Resort Corridor, between Scottsdale's world famous Old Town, Kierland Commons & the Scottsdale Quarter. Nearby is McCormick Ranch Scottsdale, this location at the gateway to the Town of Paradise Valley, puts residents in close proximity to some of Arizona's most iconic attractions. From world-class shopping and dining to outdoor adventures in the McDowell Sonoran Preserve, you are just a short drive away from the best dining, shopping, entertainment, museums, art galleries, casinos, golf, hiking, and much much more.
Upon its completion, the Ritz-Carlton Paradise Valley and the Palmeraie are poised to become one of the most sought-after luxury residential communities in North America. With stunning homes and resort-style amenities, the Palmeraie Shopping District, and its breathtaking surroundings, this location offers a unique opportunity for those who desire a life of unparalleled opulence and comfort. Whether you seek a primary residence or a vacation home, this exclusive neighborhood promises to deliver the ultimate in luxury living. Keep an eye on the progress of this remarkable development, as it is sure to make waves in the world of upscale real estate.
NEIGHBORHOODS SURROUNDING THE RITZ ON THE East side of SCOTTSDALE road offer some opportunities to take advantage of the appreciation at a lower cost option. One of those communities is Briarwood, located a block behind Hilton Village at McDonald Road. (More)