THE LUXURY CONDO MARKET IN SCOTTSDALE, PHOENIX CAREFREE AND TEMPE
In the last decade or so, Greater Phoenix and Scottsdale have seen the introduction and growth of large luxury condo developments offering outstanding amenities and a different way to enjoy desert living. Many notable developments have gone up in the new Scottsdale Waterfront area as well in the heart of the Biltmore corridor.
These luxury condo developments are perfect for local residents who want to downsize their larger homes or for seasonal visitors who want to “lock and leave” their Arizona homes. Besides the amenities onsite, many of these communities are walking distance from excellent restaurants, entertainment, shopping, cultural attractions and more.
While the list below is not exhaustive, here is a brief overview of some of the developments that are worth exploring.
Scottsdale Luxury Condo Developments
Downtown Scottsdale and the Scottsdale Waterfront area feature some spectacular developments. And, as the area has grown over time, there is plenty to do within walking distance to keep yourself entertained.
Optima Camelview is a collection of contemporary and visually-stunning mid-rise buildings featuring steel, glass and abundant plant life. It was designed by the award-winning architect David Hovey and has elevated condo living to a new level. It is located on Scottsdale Road just north of Camelback, adjacent to the Scottsdale Fashion Square Mall. In addition to great amenities, Optima Camelview is home to an on-site dry cleaner, upscale dining and more. One of the restaurants of note is Posh, where you can sample “improvisational cuisine.”
Another major development is the Scottsdale Waterfront Residences. This elegant community is very popular and overlooks the waterfront district. Residents find themselves in the heart of an exciting dining, shopping and entertainment district. The Scottsdale Waterfront Residences luxury condos are right in the middle of all of the action and the views are fabulous.
A newer entrant is Envy in the heart of downtown Scottsdale. Envy features 89 residences with outstanding details. Coupled with five-star amenities including a concierge, pool, lounge and more, Envy has generated a lot of interest.
If you are considering luxury condos a little further north, there are a couple of outstanding developments in North Scottsdale. The first is The Landmark at Kierland. The onsite amenities are best-in-class and The Landmark is within walking distance to all of the shopping, dining and nightlife at Kierland Commons and Scottsdale Quarter. The second option at Kierland is the Plaza Lofts at Kierland. Although they are not technically condos, these highly sought-after lofts should be included in this list.
Optima Kierland is a new development located in the heart of Kierland and across the street from Scottsdale Quarter. It has a rooftop pool, large fitness center and excellent amenities. Down the road, we will be seeing some other new opportunities in the Scottsdale Quarter neighborhood as well.
- Search Optima Camelview Condos for Sale
- Search Scottsdale Waterfront Condos for Sale
- Search The Landmark Condos for Sale
- Search Kierland Plaza Lofts for Sale
Phoenix Luxury Condo Developments
In the Biltmore Corridor (around 24th Street and Camelback Road), there are several luxury condo developments that have been attracting buyers from all over. The Biltmore are is already well-known for its stunning resort, the Arizona Biltmore Resort and Spa, and elegant living. Shoppers delight in the upscale, outdoor Biltmore Fashion Park Mall and several other shopping and dining venues.
Some of the more notable medium and high-rise communities include: The Residences at 2211 Camelback, Optima Biltmore Towers (sister property to Optima Camelview) and Esplanade Place.
And, within the Biltmore resort area there are two additional elegant communities. They are Two Biltmore Estates and Fairway Lodge at Biltmore Estates. These are adding even more luxury to an already beautiful area.
- Search The Residences at 2211 Camelback Condos for Sale
- Search Optima Biltmore Condos for Sale
- Search Esplanade Place Condos for Sale
- Search Two Biltmore Estates Condos for Sale
- Search Fairway Lodge Condos for Sale
Tempe Luxury Condo Developments
Not to be excluded, Tempe also has several luxury condo communities that are centered around the Tempe Town Lake area.
The communities are Northshore at Tempe Town Lake, Edgewater at Hayden Ferry and Bridgeview at Hayden Ferry.
- Search Northshore Condos for Sale
- Search Edgewater Condos for Sale
- Search Bridgeview at Hayden Ferry Condos for Sale
Want to learn more about the luxury condo market in Scottsdale and Phoenix?
Please visit the Phoenix and Scottsdale Luxury Condo Sales Statistics page.
