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New construction
    • Price cut: $105K (5/27)
    $3,745,000

    15431 E Palatial Circle, Fountain Hills, AZ 85268

    4beds
    5,152sqft
    : 
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    Single Family Residence
    Built in 2026
    1.78 Acres Lot
    $-- Zestimate®
    $727/sqft
    $200/mo HOA

    What's special

    Sparkling pool and spaModern-contemporary residenceStunning viewsDedicated officeFormal dining roomSerene sitting areaTheatre room
    Introducing a 2026 masterpiece by Picasso Homes, nestled within the exclusive gated enclave of Palatial Estates in Fountain Hills. This striking modern-contemporary residence seamlessly blends architectural sophistication with elevated everyday living. Spanning two thoughtfully designed levels. The primary suite is privately situated on the main level, creating a true retreat complete with a serene sitting area and spa-inspired bath. Designed for both grand entertaining and comfortable living, the main floor features a formal dining room, a dedicated office, and an expansive open-concept kitchen outfitted with premium finishes and seamless flow into the living spaces, powder room, spacious laundry and key drop. Downstairs: 3 spacious bedrooms, each w/its own ensuite bath along with an an additional powder, a theatre room and versatile flex space with a built-in bar, refrigerator, and sink provide the perfect setting for hosting or relaxing. Be captivated by the sunsets from the walk out patio. Step outside to your own resort-style backyard, where a sparkling pool and spa, built-in BBQ, and multiple lounging areas invite year-round enjoyment under Arizona skies--all framed by stunning views. A 4-car garage completes the home, offering ample space for collectors and convenience alike. Rare opportunity to own a brand-new, design-forward luxury residence in one of the area's most known gated communities.
    96 days
    |
    284
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Lynn Ortiz 602-413-8098,

    Realty ONE Group,

    Judy A. Sanaiha 602-697-0389,

    Realty ONE Group

    Source: ARMLS,MLS#: 7015987MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
      • Laundry: Inside, Gas Dryer Hookup
      Features
      • Granite Counters, Double Vanity, Central Vacuum, Separate Shwr & Tub
      • Flooring: Tile, Wood
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Double Sided, Exterior Fireplace, Family Room
      Interior area
      • Total structure area: 5,152
      • Total interior livable area: 5,152 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached
      • Attached garage spaces: 4
      • Uncovered spaces: 4
      Features
      • Stories: 2
      • Patio & porch: Covered, Patio
      • Exterior features: Balcony, Built-in Barbecue
      • Has private pool: Yes
      • Pool features: Outdoor Pool
      • Has spa: Yes
      • Spa features: Private
      • Fencing: Back Yard,Wrought Iron
      • Has view: Yes
      • View description: Desert
      Lot
      • Size: 1.78 Acres
      • Features: North/South Exposure, Hillside Lot, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
      Details
      • Parcel number: 17613959

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame
      • Roof: Foam
      Condition
      • Complete Spec Home,New Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder name: Picasso Homes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Pvt Water Company
      Green energy
      • Water conservation: Tankless Ht Wtr Heat, Recirculation Pump

      Community & HOA

      Community
      • Features: Gated
      • Subdivision: Palatial Estates
      HOA
      • Has HOA: Yes
      • Services included: Other (See Remarks)
      • HOA fee: $200 monthly
      • HOA name: Palatial Estates
      • HOA phone: 480-948-5860
      Location
      • Region: Fountain Hills

      Financial & listing details

      • Price per square foot: $727/sqft
      • Tax assessed value: $1,245,700
      • Annual tax amount: $3,951
      • Date on market: 4/17/2026
      • Cumulative days on market: 96 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/27/2026Price change$3,745,000-2.7%$727/sqft
        Source: ARMLS #7015987 Report a problem
        4/18/2026Listed for sale$3,850,000+2201.9%$747/sqft
        Source: ARMLS #7015987 Report a problem
        9/12/2017Sold$167,255$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,059 +255.8%$124,570 +387.1%
        2024$860 +6.4%$25,575 +54.5%
        2023$808 -18.3%$16,553 +5%
        2022$989 -15.1%$15,765 -1.5%
        2021$1,164 -4.1%$16,005 +1.3%
        2020$1,215 -6.7%$15,795 +2.4%
        2019$1,302 $15,420 -2.5%
        2018$1,302 -2.9%$15,810 -2.3%
        2017$1,341 +2.4%$16,185 +5%
        2016$1,310 +1.8%$15,420 -19%
        2015$1,287 $19,038
        2014-- $19,038 +41.7%
        2013-- $13,440 -79.6%
        2009-- $66,000 +24.6%
        2008-- $52,960 +24%
        2007-- $42,720
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 85268

        Getting around

        9 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: McDowell Mountain Elementary School
        • Middle: Fountain Hills Middle School
        • High: Fountain Hills High School
        • District: Fountain Hills Unified District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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