4808 N 24TH Street 627, Phoenix, AZ 85016, Phoenix, 85016 - 3 bed, 3 bath
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Phoenix, AZ 85016
This Exceptional Luxury Condominium is listed at $1,000,000, representing a stable entry point at its $1,000,000 Fair Market Value. Boasting a Good Condition Rating, the 2,338 sq. ft. interior is highlighted by a climate-controlled wine room and a rare 2,000 sq. ft. Private Terrace with sweeping city views. Situated in the premier Optima Biltmore Towers near Madison Camelview Elementary, the home offers 24-hour concierge service and elite resort-style amenities. This turnkey residence is an elite choice for Luxury Lifestyle Seekers or Urban Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4808 N 24TH Street 627 Subject | $1,000,000* List Price | 3 | 3 | 2,338 | $428 | - |
A 4808 N 24TH Street 1305 Sold | $1,100,000 | 3 | 4 | 2,679 | $411 | 0.0 mi |
B 2211 E CAMELBACK Road 106 Sold | $799,500 List Price | 2 | 3 | 2,035 | 0.1 mi | |
C 2211 E CAMELBACK Road 306 Sold | $1,010,000 | 2 | 2 | 2,074 | $487 | 0.1 mi |
D 2211 E CAMELBACK Road 306 Sold | $1,010,000 | 2 | 2 | 2,000 | $505 | 0.1 mi |
E 2211 E CAMELBACK Road 306 Sold | $1,010,000 | 2 | 2 | 2,074 | $487 | 0.1 mi |
F 2402 E Esplanade Lane 604 Sold | $925,000 | 2 | 2 | 2,417 | $383 | 0.1 mi |
G 4808 N 24TH Street 821 Active | $1,150,000 List Price | 3 | 3 | 2,393 | $481 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 2006, falls within the 10-20 year age range for a 'good' rating. It is move-in ready and features high-end, well-maintained finishes including polished tile flooring, stone countertops in the bathrooms, and custom cabinetry. While the aesthetic reflects its original construction era, the inclusion of luxury upgrades like a climate-controlled wine room and an expansive 2,000 sq. ft. terrace indicates a high level of upkeep with no visible deferred maintenance.
The property boasts a rare 2,000+ sq. ft. private landscaped terrace, providing an unparalleled outdoor living and entertaining space that is nearly impossible to find in a high-rise setting.
With a climate-controlled wine room, integrated surround sound, and two distinct living areas, the 2,338 sq. ft. layout is expertly designed for high-end hosting and luxury lifestyle.
Situated in the prestigious Optima Biltmore Towers, the residence offers immediate proximity to Biltmore Fashion Park's upscale dining and shopping, complemented by 24-hour concierge and security.
The association fee of $1,552 per month is significant and may impact the overall affordability or investment yield for potential buyers.
The signature rooftop pool and spa are currently under renovation, which limits access to one of the building's primary luxury features for the immediate future.
Experience elevated living in one of Optima's most coveted residences. Welcome to this most exceptional One-Of-A-Kind unit with its Expansive PRIVATE Landscaped Terrace spanning over 2000 sq. ft. offering sweeping city views and a seamless indoor/outdoor flow for entertaining & tranquil living. This 3 bed, 3 bth 2,338 sq. ft. unit was designed with the entertainer in mind encompassing two distinctive living areas in addition to an impressive climate controlled wine room, & surround sound to enhance every gathering. The primary suite is its own retreat complete with a private balcony, generous walk in closet and additional space for a personal office or sitting area. The second bedroom and bath are thoughtfully separated for added privacy while the third bedroom can serve as a home office Residing in this exclusive tower means enjoying a full range of luxury amenities including 24-hour security, concierge service, a state-of-the-art fitness center, brand new rooftop pool & spa (currently under renovation), and BBQ area. All this located just moments from the upscale dining, shopping and culture of Biltmore Fashion Park. This residence delivers both privacy and proximity along with two reserved parking spaces to complete this exceptional offering. A true Oasis in the midst of town.
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 1.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 86% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 2,338 | 1,189 | 92% |
| Lot Size | 1,125 | 1,008 | 67% |
| Price | $1.00M | $381.5K | 87% |
| Price per sq ft | $428 | $312 | 78% |
| Built year | 2006 | 1984 | 76% |
| HOA | $1552 | $365 | 92% |
| Days on market | 268 | 1430 | 32% |
Aug 1, 2025
$1,000,000
Initial Listing