5050 N Camelback Ridge Drive, 1301, Scottsdale, AZ 85251 (MLS# 6865769)

5050 N Camelback Ridge Drive, 1301, Scottsdale, AZ 85251

$10,300,000
Property Type: Residential Bedrooms: 3 Baths: 3.5 Square Footage: 4,830 Lot Size (sq. ft.): 210,394,800 Status: Active
Current Price: $10,300,000 Last Modified: 8/21/2025

Description

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.

Supplements: 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.

More Information MLS# 6865769

Contract Information

Type: Exclusive Right To Sell Ownership: Condominium Co-Ownership (Fractional) Agreement YN: No List Price: $10,300,000 Status: Active Current Price: $10,300,000 List Date: 2025-05-13

Location, Tax & Legal

Unit #: 1301 Assessor's Map #: 12 Assessor's Parcel #: 192 Tax Municipality: Phoenix Taxes: 2000 House Number: 5050 Compass: N Street Name: Camelback Ridge St Suffix: Drive City/Town Code: Scottsdale State/Province: AZ Zip Code: 85251 County Code: Maricopa Assessor Number: 172-12-192 Subdivision: Ascent at the Phoenician Summit Condominium Tax Year: 2025

General Property Description

Dwelling Styles: Attached # of Interior Levels: 1 Approx SQFT: 4830 Price/SqFt: 2132.51 Approx Lot SqFt: 210394800 Approx Lot Acres: 4830 Flood Zone: No Horses: N Builder Name: Layton Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Kiva Elementary School Jr. High School: Ingleside Middle School High School: Arcadia High School Community Pool Y/N: Yes Private Pool Y/N: No Planned Comm Name: Ascent at the Phoenician Fireplace YN: Yes Fireplaces Total: 3 Marketing Name: Summit by Olson Kundig Dwelling Type: Apartment Exterior Stories: 4 # Bedrooms: 3 Total Bathrooms: 3.5 Year Built: 2027

Legal Info

Range: 4E Section: 21 Township: 2N Lot Number: 1301

Special Listing Cond

N/A: 1

Construction

Block: 1 Steel Frame: 1

Const - Finish

Steel Siding: 1 Stucco: 1 Stone: 1

Construction Status

To Be Built: 1

Roofing

Other: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: No HOA Transfer Fee: 150 HOA Fee: 4057.2 HOA Paid Frequency: Monthly HOA Name: Summit HOA HOA Telephone: 480-422-0888 HOA Management Company: Trestle Management HOA Management Phone: 480-422-0888 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 8114.4 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 8114.4 Disclosure Fees HOA: 250 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 4057.2

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Contemporary: 1

Architect

Architect: Olson Kundig

Building Style

High Rise: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 Master Bedroom Walk-in Closet: 1 Other Bedroom Walk-in Closet: 1

Fireplace Features

Fireplace Living Rm: 1 Fireplace Master Bdr: 1 Gas Fireplace: 1 Exterior Fireplace: 1

Flooring

Stone: 1 Wood: 1

Window Features

Dual Pane: 1 Low-Emissivity Windows: 1 Mechanical Sun Shds: 1 Tinted Windows: 1

Community Features

Biking/Walking Path: 1 Clubhouse/Rec Room: 1 Community Spa: 1 Community Spa Htd: 1 Concierge: 1 Gated: 1 Golf: 1 Guarded Entry: 1 Workout Facility: 1

Dining Area

Eat-in Kitchen: 1 Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1

Kitchen Features

Built In Recycling: 1 Built-in Microwave: 1 Built-In Electric Oven: 1 Dishwasher: 1 Disposal: 1 Kitchen Island: 1 Multiple Ovens: 1 Pantry: 1 Refrigerator: 1 Walk-in Pantry: 1 Gas Cooktop: 1

Cooling

HVAC SEER Rating: 16 Programmable Thmstat: 1 Central Air: 1

Interior Features

9+ Flat Ceilings: 1 Fire Sprinkler System: 1 Elevator: 1 No Interior Steps: 1

Laundry

Washer Included: 1 Dryer Included: 1 Engy Star (See Rmks): 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1 Bonus/Game Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Accessibility Feat.

Zero-Grade Entry: 1 Hallways 36in+ Wide: 1 Bath Lever Faucets: 1 Lever Handles: 1

Road Responsibility

Private Maintained Road: 1

Technology

Cable TV Avail: 1 High Speed Internet: 1 Ntwrk Wrng Multi Rms: 1 Smart Home: 1

Fencing

Other: 1

Water Source

City Water: 1

Community Pool Features

Heated: 1

Exterior Features

Balcony: 1 Built-in BBQ: 1 Covered Patio(s): 1 Private Street(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Garage Spaces: 2

Parking Features

Assigned Parking: 1 Common: 1 Community Structure: 1 Separate Strge Area: 1 Gated: 1

New Financing

Cash: 1 Conventional: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Borders Preserve/Public Land: 1 Hillside Lot: 1 City Light View(s): 1 North/South Exposure: 1 Borders Common Area: 1

Landscaping

Desert Front: 1 Desert Back: 1

Services

City Services: 1

Unit Style

All on One Level: 1 Two Common Walls: 1 Neighbor Below: 1 Penthouse: 1

Disclosures

Seller Discl Avail: 1 Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Blanket Ins Policy: 1 Water: 1 Sewer: 1 Garbage Collection: 1 Pest Control: 1 Common Area Maint: 1 Street Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Clubhouse: 1 Prof Managed: 1

Remarks Misc

Cross Street: Camelback Rd & 64th Street/Invergordon Directions: From Camelback and 64th St/Invergordon North on Invergordon to the Guard Gate for Ascent at the Phoenician on the Left/West side of the road. Inside Ascent take the second right and proceed to Summit Geo Lat: 33.510994 Geo Lon: -111.945897

Property Features

Special Listing Cond: N/A Architecture: Contemporary Building Style: High Rise Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace Features: Fireplace Living Rm; Fireplace Master Bdr; Gas Fireplace; Exterior Fireplace Flooring: Stone; Wood Window Features: Dual Pane; Low-Emissivity Windows; Mechanical Sun Shds; Tinted Windows Community Pool Features: Heated Spa: None Community Features: Biking/Walking Path; Clubhouse/Rec Room; Community Spa; Community Spa Htd; Concierge; Gated; Golf; Guarded Entry; Workout Facility Dining Area: Eat-in Kitchen; Breakfast Bar; Dining in LR/GR Kitchen Features: Built-In Electric Oven; Gas Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Built In Recycling; Multiple Ovens; Pantry; Walk-in Pantry; Kitchen Island Laundry: Washer Included; Dryer Included; Engy Star (See Rmks); Inside Other Rooms: Family Room; Bonus/Game Room Interior Features: 9+ Flat Ceilings; Fire Sprinkler System; Elevator; No Interior Steps Technology: Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Smart Home Exterior Features: Balcony; Built-in BBQ; Covered Patio(s); Private Street(s) Parking Features: Assigned Parking; Common; Community Structure; Gated; Separate Strge Area Road Responsibility: Private Maintained Road Construction: Block; Steel Frame Const - Finish: Steel Siding; Stucco; Stone Construction Status: To Be Built Roofing: Other Cooling: Central Air; Programmable Thmstat Heating: Electric Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Other Property Description: Borders Preserve/Public Land; Hillside Lot; City Light View(s); North/South Exposure; Borders Common Area Landscaping: Desert Front; Desert Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: All on One Level; Two Common Walls; Neighbor Below; Penthouse Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Pest Control; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: August - 21 - 2025
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