Construction Begins on Luxury Condominiums At Base of Camelback Mountain

By on May 3, 2022 0 521Views

The landscape of Camelback Mountain is about to change.

Construction is now underway on luxury condominium residences at the base of Camelback Mountain.

The Mountainside Residences, located in the Ascent at The Phoenician private community near 60th Street and Camelback Road, should be completed by 2024.

Thirty-six of the 40 condominiums have already been sold for a combined $80 million. The remaining four units are currently up for sale ranging in price of $4.1 million to $4.85 million.

“We are thrilled to begin construction on the Mountainside Residences and are very pleased with how well our unique desert homes have been received by the market,” said Paul Jorgensen, president and CEO of Replay Destinations, the real estate development group in charge of the community.

The Mountainside Residences is actually one of many phases that have already been completed or are in the planning at the Ascent of the Phoenician.

The first phase in the development was announced in 2020 consisted of 30 golf villa homes along the first fairway of The Phoenician Golf Club. The villas started at $1,785,000 and feature private two-car garages and two- or three-bedroom and have sold out.

The developers recently also announced another high-end community in Scottsdale. Plans are moving ahead for the next phase of Ascent at The Phoenician: Camelback Residences.

This development will consist of 60 residences across two buildings. Plans are for one bedroom plus den, two bedroom, two bedroom plus den and three bedroom floorplans.

They condos will feature indoor-outdoor living, floor-to-ceiling glass windows, spa-inspired bathrooms and a rooftop terrace with 360-degree views of Camelback Mountain. Prices will start at $1.5 million.

Those interested in purchasing a unit can register for early selection and preferred pricing. Contracts will be written in the fall.