
Scottsdale, AZ 85251
Analysis of 5050 N Camelback Ridge Drive 1301, Scottsdale, AZ 85251 is currently available with a list price of $10,300,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Scottsdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new luxury penthouse with a projected 2027 completion date. It features ultra-high-end finishes including a bulthaup chef's kitchen, Sub-Zero/Wolf appliances, Waterworks fixtures, and premium hardwood flooring, meeting the highest standards of modern quality.
The penthouse features a massive 1,400-square-foot wrap-around terrace and floor-to-ceiling pocketing glass walls, providing seamless integration with panoramic views of Camelback Mountain and the Papago Buttes.
A world-class collaboration between bulthaup and Olson Kundig, the residence boasts premium Sub-Zero/Wolf appliances, Waterworks fixtures, and a customizable wine wall, catering to the most discerning tastes.
With 4,800 square feet of interior space, including a dedicated media room, a secondary back kitchen, and a primary suite sanctuary with a steam shower, the floor plan offers the scale and utility of a single-family estate.
The monthly association fee of $4,057 is substantial, representing a significant recurring overhead that may be a deterrent for some luxury buyers.
With a projected build year of 2027, the property requires a long lead time before occupancy, which may not suit buyers looking for immediate relocation or use.
Penthouse 1301 commands 4,800 square feet of interior space opening to a 1,400 square foot terrace that wraps around two sides of this top-floor residence, for an unrivaled experience of elegant desert living. With three bedrooms, a spacious multi-media room, and three and a half baths, the penthouse boasts expansive floor-to-ceiling glass walls that fully pocket and retract, leaving unimpeded views of Camelback Mountain, the Papago Buttes, and the surrounding Valley. Penthouse 1301 features a refined chef's kitchen designed in collaboration between bulthaup and Olson Kundig, complemented by a signature back kitchen and an outdoor kitchen with wet bar. The sleek bulthaup cabinetry combines elegant form with ergonomic function. A stunning wine wall, available as a customizable feature, adds a dramatic centerpiece to the home. Premium details such as hardwood flooring, natural stone, Waterworks fixtures, Tom Kundig Collection hardware, and Sub-Zero/Wolf appliances are thoughtfully integrated to create the ultimate condominium residence. A dramatic sliding glass corner opens the living room to panoramic views, extending interior space to the outdoors. Hardwood flooring throughout creates a natural aesthetic of rich, warm grains. The primary suite is a spacious sanctuary that opens to the terrace and includes two large walk-in closets plus an ensuite with a freestanding tub and a glass-enclosed steam shower with tiled bench. Four separate opportunities for fire features including those in the primary bedroom, living room and on the expansive terrace, elevate the ambiance throughout.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 4,830 | 1,174.5 | 98% |
| Lot Size | 210,394,800 | 889 | 98% |
| Price | $10.30M | $281.5K | 98% |
| Price per sq ft | $2.1K | $297 | 98% |
| Built year | 2027 | 1980 | 98% |
| HOA | $4057 | $332 | 98% |
| Days on market | 389 | 2823 | 13% |
May 13, 2025
$10,300,000
Initial Listing