Redfin is joining Rocket

Discover how we're simplifying your journey home.

$2,895,000

5587 E Edward Ln Paradise Valley, AZ 85253

3 beds
3 baths
2,502 sqft
0.06 acres
$1,157 / sqft
Condo

Property details

About 5587 E Edward Ln

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.

Highlights

Home typeCondominium
HeatingENERGY STAR Qualified Equipment, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Other
Size2,502 sqft
Lot size0.06 Acres
Year built2018
ParkingGarage Door Opener, Extended Length Garage, Direct Access, Electric Vehicle Charging Station(s)
MLS #6888217
Garage2 spaces
FireplaceOther, 1 Fireplace
ViewMountain(s)

Summary

  • Flooring Type: Tile, Wood
  • Interior: 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
  • Fireplace: Other, 1 Fireplace
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Extended Length Garage, Direct Access, Electric Vehicle Charging Station(s)
  • View: Mountain(s)
  • Exterior: Other, Private Street(s), Private Yard
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Other
  • List Price: $2,895,000
  • Price/SqFt: $1,157
  • HOA Amount: $373 Monthly
  • Annual Tax Amount: $4,418
  • Tax Year: 2024
  • Lot: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • 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.
  • Year Built: 2018
  • Stories: 2
  • Living Area: 2,502 SqFt
  • Lot Size: 0.06 Acres
  • MLS Number: 6888217
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Griggs's Group Powered by The Altman Brothers
  • Office Phone: (480) 788-0929
  • Office Email: azfineproperties@cox.net
  • Listing Agent: Scott Grigg

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 29, 2022
Home Sold
$2,400,000
Jan 17, 2019
Home Sold
$1,462,361

Tax history

YearAssessmentProperty Tax
2024$208,270$4,418
2023$186,730$4,255
2022$141,410$4,453
2020$146,250$4,431
2019$77,070$416
2017$15,237$766

History based on county public records data.

Nearby schools

9

Kiva Elementary School

Public District PK-5

1.7 mi

6911 E McDonald Dr

9

Hopi Elementary School

Public District KG-5

2.3 mi

5110 E Lafayette Blvd

10

Cherokee Elementary School

Public District EE-5

2.5 mi

8801 N 56th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $123,958. Typical income of Paradise Valley, AZ residents is $200k+ annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
31%
35k-100k
17%
100k-200k
36%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
3%
Single, with Kids
50%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
8%
12-17 yrs old
6%
18-34 yrs old
46%
35-64 yrs old
33%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • PaneraPanera
  • Bob EvansBob Evans

What do the neighbors drive?

  • LexusLexus
  • InfinitiInfiniti
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5587 E Edward Ln

The listing price of 5587 E Edward Ln property is $2,895,000.

The property 5587 E Edward Ln is a condo located in Paradise Valley, Arizona, 85253.

Active Listing: 5587 E Edward Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5587 E Edward Ln are: Kiva Elementary School (GreatSchools Rating 9/10), Hopi Elementary School (GreatSchools Rating 9/10), Cherokee Elementary School (GreatSchools Rating 10/10), Echo Canyon School (GreatSchools Rating 5/10), Ingleside Middle School (GreatSchools Rating 6/10), Biltmore Preparatory Academy (GreatSchools Rating 5/10), Arcadia High School (GreatSchools Rating 5/10), Great Hearts Academies - Archway Veritas (GreatSchools Rating 9/10), Saguaro High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $4,418 (source: MLS/based on county public records data).

The last sale was on April 29, 2022 for $2,400,000 (source: MLS/tax record).

The property at 5587 E Edward Ln has 3 bedrooms and 3 bathrooms.

The property 5587 E Edward Ln is 2,502 SqFt (source: MLS/tax record).

The year of construction for 5587 E Edward Ln is 2018.

This home is located at 5587 E Edward Ln in Paradise Valley, AZ and zip code 85253 in the Mountain Shadows Estates West neighborhood. This 2,502 square foot home, which was built in 2018, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $2,895,000.

While more than 1 listings in Paradise Valley, AZ in June 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 23 were sold below. The number of listings in Paradise Valley, AZ decreased by 2.4% between May and June 2025. The median list price of listings available in June 2025 was $3,550,000, while the average time on the real estate market was 95 days.

From Rocket Homes Real Estate and based on county public records data.

More resources