The Estates

Hello everyone! Today, we’re giving an update on The Estate Homes at The Ritz-Carlton, Paradise Valley. Lately, a lot of people have been asking about the latest progress. We’ve been actively visiting the site, conducting hard hat tours, capturing photo updates, and walking through homes as our clients close escrow. The Estate Homes are shaping up beautifully. You can check out our October 2024 photo update.

Construction Progress & Sales Update

The project continues to move forward, with more activity on-site than may appear from the outside. Many workers are stationed inside the homes, making steady progress. Here’s what we know:

• 32 Estate Homes planned
• Approximately 15 have already sold
• Clients have begun closing on their villas
• No new updates on The Palmeraie or Fendi Private Residences

This is a major development that has taken years to bring to life, and it’s exciting to see it come together.

Also Read: New Luxury Villa For Rent At The Ritz-Carlton, Paradise Valley!

Estate Home Floor Plans & Pricing

The Estate Homes feature four distinct floor plans designed by C.P. Drewett of Drewett Works, with a mix of architectural styles. Here’s a look at the details:

Custom Estate Homes

• Parcel Sizes: 14,670 – 27,820 sq. ft.
• Home Sizes: 6,600 – 10,400 sq. ft.
• Price Range: $10,795,000 – $20,195,000

RC-1 Estates

• Parcel Sizes: 12,848 – 18,569 sq. ft.
• Home Sizes: 5,480 – 7,746 sq. ft.
• Price Range: $8,995,000 – $12,795,000

RC-2 Estates

• Parcel Sizes: 15,624 – 17,887 sq. ft.
• Home Sizes: 7,437 – 9,191 sq. ft.
• Price Range: $12,095,000 – $15,595,000

RC-3 Estates

• Parcel Sizes: 23,402 – 27,820 sq. ft.
• Home Size: 10,934 sq. ft.
• Status: SOLD OUT

RC-4 Estates

• Parcel Sizes: 19,330 – 20,869 sq. ft.
• Home Sizes: 7,105 – 9,981 sq. ft.
• Price Range: $11,595,000 – $17,795,000

Also Read: Jury Sides With Developer In Ritz-Carlton Paradise Valley Dispute

Estate Home Features & HOA Dues

Each home offers open-concept layouts, flexible living spaces, and seamless indoor/outdoor designs. Some home sites are restricted to Main + Lower Levels only to preserve views of Camelback and Mummy Mountain.

• Monthly HOA dues: Estimated at around $5,256.90
• Includes:
  • Master-planned development fee
  • H.O.A. sub-association dues
  • Front yard landscaping & water feature maintenance
  • Paradise Valley’s in-lieu fee
  • 24-hour, staffed gatehouse

Residents also have exclusive access to:

• The Ritz-Carlton resort & owner’s clubhouse
• Destination spa & fitness facilities
• 24-hour concierge & hotel services

Also Read: Mott 32 Recently Announced For The Ritz-Carlton, Paradise Valley

Looking to Learn More?

Williams Luxury Homes knows this project inside and out. Our agents are full-time professionals, speaking over five languages, with deep expertise in luxury real estate across Greater Phoenix.

We help our clients:

• Understand pricing per square foot
• Compare different developments
• Find the best fit for their timeline & lifestyle
• Avoid costly mistakes, like going direct to developers or working with agents who don’t understand high-end construction

If you’re considering The Estate Homes at The Ritz-Carlton, Paradise Valley, or any other luxury project, we’d be happy to help. Reach out, and let’s find the right fit for you.

Prices are subject to change without notice and do not reflect architectural changes or owner upgrades.