5587 E EDWARD Lane Paradise Valley, AZ $ 2,785,000
5587 E EDWARD Lane
$ 2,785,000
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5587 E EDWARD Lane

Paradise Valley, AZ, 85253
$ 2,785,000
Bedrooms3 Baths3.0 Sq 2,502

Monthly Estimate*

$ 17,375

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Single Family Home for sale in Paradise Valley, AZ

for $2,785,000 with 3 bedrooms and 3 full baths. This 2,502 square foot home was built in 2018 on a lot size of 0.06.

Located within the prestigious 24-hour guard gated Mountain Shadows Resort, this home offers true resort style living, with access to concierge services, golf, resort pools, world class dining, and a state-of-the-art fitness studio offering yoga, Pilates, and more. Enjoy the luxury of privacy with the convenience of personalized hospitality at your fingertips. This marvelous home can be available to you turn-key, move-in ready. From the moment you step inside this stunning ground-floor residence, you're transported into a world of refined sophistication. A private courtyard welcomes you home, setting the tone for what lies beyond. Enter through the front door into a gracious foyer, where soaring 10-foot ceilings and wide-open sightlines straight to the covered patio invite you to relax and breathe in the space. Light wood floors flow seamlessly throughout, enhancing the warm, modern elegance that defines every inch of this home. Designed with a curated sense of style, this home is offered fully furnished (available under a separate bill of sale), featuring exquisite pieces selected for both beauty and comfort. Every room reflects intentional luxury, from the carefully chosen textiles to the artful balance of form and function. The open-concept great room is the heart of the home. A harmonious blend of relaxed living and upscale design. With a dramatic floor-to-ceiling fireplace, flanked by custom floating shelves with ambient under-lighting, anchoring the living space. A wall of collapsible glass doors dissolves the boundary between indoor and outdoor living, opening to a generous covered patio ideal for entertaining or unwinding. The adjacent dining area connects effortlessly into the kitchen. This ideal kitchen is outfitted with floor-to-ceiling custom cabinetry, a large eat-in island, and a suite of professional-grade appliances, including a 6-burner WOLF gas range, WOLF built-in microwave, a 48 Sub-Zero refrigerator and a panel integrated dishwasher. Additional highlights include, wine fridge, Kohler fixtures, Emtek hardware, and another set of collapsible glass doors to bring the outdoors in. Step outside to the expansive covered patio where a versatile extension of the home, ready for relaxed lounging, intimate dining, or effortless entertaining. With a built-in gas fireplace, ceiling fans, and thoughtful design. The primary suite is a retreat in every sense. Custom designed built-ins greet you upon entry, offering abundant storage without compromising elegance. The en-suite bath rivals a five-star spa with a floating double vanity with underlighting, a luxurious soaking tub, an oversized walk-in steam shower, and a private water closet, its where everyday moments feel elevated. The custom walk-in closet is a showpiece in itself, fully outfitted with bespoke cabinetry. The suite is elegantly appointed with designer furnishings, including a refined seating area that invites quiet moments of relaxation. With direct access to the covered patio, this is the perfect setting to begin or end each day in luxury. This home lives far beyond its 2,500 square feet, thanks to intelligent design, generous proportions, and impeccable furnishings that create a sense of grandeur in every space. Additional features include an epoxy-coated garage with built-in storage and an electric vehicle charger. All with views of the iconic Camelback Mountain as your backdrop.

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Single Family Active

Price

$ 2,785,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 4,565

Style

Residential

Lot Size

0.06

Year Built

2018

Town/City

Paradise Valley

County/Region

Maricopa

MLS | Web ID

6888217

Features
Interior
Interior Amenities High Speed Internet Smart Home Double Vanity Other See Remarks Breakfast Bar 9+ Flat Ceilings No Interior Steps Kitchen Island Full Bth Master Bdrm Separate Shwr & Tub
Flooring Tile Wood
Fireplace Features Other
Total Stories 2
Common Walls Two Common Walls Neighbor Above End Unit
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Low-Emissivity Windows Dual Pane ENERGY STAR Qualified Windows Wood Frames
Fireplace Y/N Y
Laundry Features Other See Remarks Engy Star (See Rmks)
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Built-in Microwave True
Kitchen Island True
Multiple Ovens True
Non-laminate Counter True
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General
Sewer Public Sewer
Heating ENERGY STAR Qualified Equipment Electric
Cooling Central Air Ceiling Fan(s) ENERGY STAR Qualified Equipment Programmable Thmstat
Possession Close Of Escrow
Roof Foam
HOA Fee 373.15
Garage Spaces 2.0
Association Fee Includes Roof Repair Insurance Maintenance Grounds Other (See Remarks) Trash Roof Replacement Maintenance Exterior
Pool Features None
Security Features Fire Sprinkler System
Construction Materials Spray Foam Insulation Stucco Wood Frame Painted Ducts Professionally Air-Sealed
Year Built 2018
View Mountain(s)
Township 2N
Property Subtype Apartment
Tax Year 2024
Ownership Fee Simple
Community Features Gated Community Spa Htd Guarded Entry Concierge Biking/Walking Path Fitness Center
Accessibility Accessible Door 32in+ Wide Lever Handles Bath Raised Toilet Bath Insulated Pipes Accessible Hallway(s)
Assoc Fee Paid Per Monthly
County Maricopa
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name VILLAS AT MOUNTAIN SHADOWS 2 CONDOMINIUMS 2
Green Water Conservation Tankless Ht Wtr Heat Recirculation Pump
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions Turn south on Mountain Shadows Dr. one block west of 56th St. Go through guard gate left on Arroyo Verde left at guest parking right on E Edward Ln. Villa is 3rd driveway on the right.
High School Saguaro High School
City Paradise Valley
Disclosures Agency Discl Req Seller Discl Avail
Association Name Mtn Shadows Villas
High School District Scottsdale Unified District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 2435.0
Carport Spaces 0.0
Carport Y/N N
Spa Features None
Elementary School Kiva Elementary School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 4565.0
Home Warranty Y/N N
Middle/Junior High School Mohave Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.tourfactory.com/idxr3214589
Builder Name The New Home Company
Standard Status Active
Occupancy Type Vacant
Elementary School District Scottsdale Unified District
Tax Lot 112
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 605.75
New Financing Cash True
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Exterior
Exterior Amenities Other Private Street(s) Private Yard
Fencing Block
Parking Features Garage Door Opener Extended Length Garage Direct Access Electric Vehicle Charging Station(s)
Lot Features Borders Common Area North/South Exposure Sprinklers In Rear Sprinklers In Front Desert Back Desert Front Synthetic Grass Back Auto Timer H2O Front Auto Timer H2O Back
Water Source Pvt Water Company
Lot Size Area 2435.0
Spa N
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Road Responsibility Private Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5587
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* Excluded Features
List By
Grigg's Group Powered By The Altman Brothers

Broker

Scott@thealtmanbrothersgriggsaz.com

Email

Affordability Calculator

$17,755
Per Month
98%
2%
0%
Monthly Principal & Interest
$17,375
Monthly Property Taxes
$380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328163 Elementary School
4327976 Middle School
Saguaro High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$2,785,000 -3.80% Price Down
7/3/2025$2,895,000 Listed Price

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5587 E EDWARD Lane, Paradise Valley, AZ, 85253 is a Single Family Home for sale at $2,785,000 with 2,502 sqft and a lot size of 0.06. 5587 E EDWARD Lane has 3 bedrooms, 3.0 baths, and was built in 2018. The property's zip code is 85253 which is in Paradise Valley, AZ