44
The residential component of the master-planned
community has been extremely well received since it was
first announced. Now selling are The Villas, priced from the
mid-$1 million to just over $5 million, that sit within seven
two- and three-story buildings for a total of 81 Residences.
They range in size from 1,700 to more than 4,800 square feet
and only a handful remain available for purchase.
The second phase of real estate to be released on the
property will be the highly anticipated Estate Homes, which
thus far have been very highly in demand.
The Ritz-Carlton Estate Homes will exude a level of
sophistication and superior luxury that will create the most
powerful address in Arizona. An emphasis has been placed
on creating generous, versatile spaces along with fully
equipped kitchens, and optional prep kitchens, making these
homes ideal for formal entertaining. In the back yards the
homeowners will create their own oasis by adding expansive
lawns, fountains, outdoor kitchens and spectacular pools.
Select master bathrooms will feature sliding doors that
open out to a private water garden complete with outdoor
showers and exquisite water features. Homeowners can also
opt to have an auto showcase gallery, where an elevator will
bring their exotic vehicle to be put on display in the lower
level of their home.
“What makes these Estate Homes so grand is that
homeowners will have the ability to configure the layout
and tailor many of the spaces to reflect their own living
style. A majority of our buyers are moving from much larger
homes which makes it critical that we deliver a home with
living spaces and master bedrooms that are of a scale that is
similar to their current residence.” Says Brendan Mann of The
Solvere Group, the company handling sales and marketing
for Five Star Development. “Whether homeowners need an
extra bedroom to accommodate overnight guests or a health
and wellness studio to keep up with their fitness goals, the
sky is really the limit on what they can do with their Estate
Home.”
The Estate Homes, will be priced from the low-$5 millions,
and are an exclusive collection of only 39 single-family
Residences that range in size from 5,500 to more than 12,000
square feet.
The Villas and Estate Homes are all whole ownership
residences that are branded and fully serviced by the Ladies
and Gentlemen of The Ritz-Carlton. Residence owners will
experience a true “resort within a resort” with their own
private clubhouse and spectacular pool, which will also
encompass a luxurious common lounge area, executive
board room, an intimate bar area, fitness and movement
studios along with access to beautifully landscaped grounds
and walking paths. Ritz-Carlton home owners also have
a dedicated concierge who can arrange a host of a la
carte services such as in residence dining, housekeeping,
maintenance, reservations, dog walking etc. etc. Home
owners also have full access to all of the amenities of the
hotel and all of its services.
Next door to The Ritz-Carlton, Paradise Valley is The
Palmeraie, the highly-anticipated, ultra-luxury shopping
and dining destination that will be home to an unparalleled
The
Villas