Are Tempe & Scottsdale Luxury Condos & Penthouses worth a big price tag? October buyers say yes!

October 2015 was a huge month for Penthouse sales in Tempe and Scottsdale.  Penthouse 1205 located in Bridgeview at Hayden Ferry Lakeside with a contemporary design and very chic sold. The penthouse has just been completed (build out). Everything brand-new and is now ready for occupancy. This contemporary waterfront penthouse featured breathtaking 360° mountain and waterfront views. Equipped with state of the art home automation system, high-end gourmet Chef’s kitchen with Miley appliances, and the extraordinary views from every room. Also a home theater, sauna, exercise room, barbecue area and game room. If that does not sell you once you step onto the huge balcony it will.  One private features is your own private elevator to the top, James bond style! One of the largest Penthouses in Arizona and was priced right at $2,100,000, reduced to $1,900,000, and finally selling at $1,720,000.

The 3rd most expensive penthouse sold just steps away in its sister building Edgewater at Hayden Ferry Lakeside. If you are flirting with the idea of penthouse living, rest assured this sleek and sexy contemporary unit at Edgewater at Hayden Ferry will seduce you. High above Tempe Town Lake at 3,163 sf, this is the largest unit at Edgewater and features 2 bedrooms, media room and 2.5 baths all highly upgraded. The luxurious master retreat offers a sitting room, fireplace and private hot tub on the balcony overlooking ASU Mountain. Originally priced at $1,399,000 and selling for $1,250,000.

7 Top Condo Choices

3rd Avenue Lofts Penthouse #415 a 2 Bedroom, 2 bath loft came with a 4 car PRIVATE garage with direct elevator access. Well-appointed rich wood, concrete, steel and glass are perfectly incorporated in this loft. 1900 sq. ft. wrap around terrace features custom lighting, independent speaker zones and panoramic mountain views.

These Buyers, particularly wealthy local and out of state buyers, gravitate toward the iconic views, over the top amenities and cachet of the penthouse.  What a penthouse is listed for in Scottsdale, Tempe, or Phoenix vs other metro cities like LA, NY, or Miami is peanuts say Condo Agent Juan Pesqueira.  We’re seeing buyers from California, Texas, and Georgia who see value and relocating or planning retirement in Arizona. Where else can you live the urban lifestyle in the desert?

October was a great month for luxury condo and penthouse sales for the valley of the sun.  We typically see one or two sales above the million price tag but this month we had 6. This shows a strong condo market in Arizona and does not appear to be softening up anytime soon.

Let’s take a look at the rest of the million dollar luxury condos and penthouse sales.

Number 4.

  • Location: 7175 E CAMELBACK RD, Scottsdale, AZ 85251
  • Development: Scottsdale Waterfront
  • Price: $1,210,000

7175 E CAMELBACK RD 705, Scottsdale, AZ 85251

Number 5.

  • Location: 7117 E RANCHO VISTA DR, Scottsdale, AZ 85251
  • Development: OPTIMA CAMELVIEW
  • Price: $1,100,000

7117 E RANCHO VISTA DR 6007, Scottsdale, AZ 85251

Number 6.

  • Location: 7117 E RANCHO VISTA DR, Scottsdale, AZ 85251
  • Development: OPTIMA CAMELVIEW
  • Price: $1,020,000

7117 E Rancho Vista DR 6003, Scottsdale, AZ 85251

Begin your Condo and Penthouse search here.  Contact us for exclusive representation for buying or selling a condo or penthouse in Arizona.

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