Furnished Residential Income
5587 E EDWARD Lane, Paradise Valley, AZ 85253
For Sale
New
$2,650,000
Ground-floor residence with a private courtyard, covered patio, and access to resort amenities within a 24-hour guard-gated community.
Property Size2,502 SF
Price / SF$1,060
Days on Market4
Property Features for 5587 E EDWARD Lane
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Furnished
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private courtyard
covered patio
floor-to-ceiling fireplace
collapsible glass doors
wine fridge
built-in gas fireplace
ceiling fans
epoxy-coated garage
electric vehicle charger
concierge services
golf
resort pools
world-class dining
fitness studio
Building Details
Building Size
Year Built
Listing Agency:
Grigg's Group Powered by The Altman Brothers
Listed By:
Scott Grigg · License AZ SA561582000
(480) 540-5479
Source:
Jcluxuryresidential
Added: Nov 12
Changed: Nov 14
Last Checked: Nov 14 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grigg's Group Powered by The Altman Brothers
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Investment Insights
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This 2018 ground-floor residence offers 2,500 square feet of living space, a private courtyard, and a covered patio connected to the interior through collapsible glass doors. The open great room features 10-foot ceilings, wood flooring, a floor-to-ceiling fireplace, and custom shelving. The kitchen includes custom cabinetry, an eat-in island, a six-burner WOLF gas range, WOLF microwave, 48-inch Sub-Zero refrigerator, panel-integrated dishwasher, and wine fridge. The primary suite has patio access, a walk-in steam shower, soaking tub, double vanity, and custom closet cabinetry. An epoxy-coated garage includes built-in storage and an electric vehicle charger. Furnishings are available under a separate bill of sale.
The property is within the 24-hour guard-gated Mountain Shadows Resort in Paradise Valley, with access to concierge services, golf, resort pools, dining, and a fitness studio. Camelback Mountain views provide a backdrop to the residence.
The property is within the 24-hour guard-gated Mountain Shadows Resort in Paradise Valley, with access to concierge services, golf, resort pools, dining, and a fitness studio. Camelback Mountain views provide a backdrop to the residence.
Key Highlights
- 2,500‑square‑foot, ground‑floor residence built in 2018
- Located within the 24‑hour guard‑gated Mountain Shadows Resort
- Private courtyard and covered patio with collapsible glass doors
Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
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Business Placement
Demographics for 85253, AZ
17,358
Population
8,815
Households
2
Avg Household Size
53
Median Age
71%
College-Educated
98%
High-School Grad
18.1 sq mi
ZIP Area
959
Density / Sq Mi
$182,150
Median Household Income
$79,848
Median Earnings
$1,935
Median Rent
$2,000,001
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Ground-floor residence with a private courtyard, covered patio, and access to resort amenities within a 24-hour guard-gated community.
Where is this residential income property located?
The property is located at 5587 E EDWARD Lane Paradise Valley, AZ.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 2,500‑square‑foot, ground‑floor residence built in 2018; Located within the 24‑hour guard‑gated Mountain Shadows Resort; Private courtyard and covered patio with collapsible glass doors
