Palm Cove is gated condo / townhouse community that lies along the eastern banks of Lake Marguerite in McCormick Ranch. With immediate access to the Camelback Walk multi-use path that abuts the lake, residents can take a leisurely stroll to the shops and dining of Mercado Del Lago, enjoying local favorites like Zipps, Grassroots, Phoenix Beer Company, Crust, Butters, The Village Roastery, Press Coffee Shop, and more. Crossing under Via De Ventura to the south, the same path leads bikers, walkers/joggers, etc along the McCormick Ranch Golf Course towards additional shops and restaurants at Paseo Village.
Palm Cove is gated, and has a heated pool and spa. About a decade newer than the adjacent Lakeside Villas of Scottsdale complex, Palm Cove was originally developed in 1994. There are 111 units in the complex, and all but one are single level interiors (sitting above single car garage stalls). The average sized unit has 1442 livable square feet.
Current HOA dues run in the $300/month range (as of 2026) in addition to the annual McCormick Ranch fee ($265 in 2026).
The proximity to the multi-use path, lake, community amenities, and lock & leave lifestyle makes Palm Cove a highly sought after address for seasonal residents, winter visitors, and full time desert dwellers alike.
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