Luxury Residences Break Ground at Foot of Camelback Mountain, Most Units Sold

Ascent at The Phoenician® has officially broken ground on its next phase of development, the Mountainside Residences situated at the base of Camelback Mountain. Overlooking The Phoenician® Golf Course and located adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona, the private, gated community of Ascent at The Phoenician® has become Arizona’s most coveted new luxury real estate offering.

Ascent has sold 36 of the 40 Mountainside Residences, representing more than $80 million in sales, with construction completion anticipated for early 2024. Ascent’s Mountainside Residences is an intimate building of 40 luxury condominiums. Prices for the remaining residences range from $4.1 million up to $4.85 million.

“Construction and sales at Ascent at The Phoenician® have been very strong. Every corner of the site has activity on it now and it has been great to share with prospective owners what we are building. We also recently opened our on-site Ascent Sales Center, which has seen steady traffic and provides a front row seat to the various condominium projects within the community,” said Chandra Reilly, Replay Destinations’ Executive Vice President of Design and Development.

With unprecedented pre-construction sales and start of construction of the Mountainside Residences, Replay is accelerating its next phase of development and is now unveiling the Camelback Residences. The Camelback Residences will be located in the heart of the Ascent community with a total of 60 luxury residences in two adjacent buildings. Named for its panoramic views of iconic Camelback Mountain, the initial release of 32 residences will consist of one bedroom plus den, two bedroom, two bedroom plus den and three bedroom plus den plans. The residences will feature seamless indoor-outdoor living, floor-to-ceiling glass to optimize views and natural light, Sub Zero and Wolf appliances, and spa-inspired bathrooms. The buildings will offer dramatic views of city lights, and each will have access to a rooftop terrace with 360-degree views of Camelback Mountain and the surrounding mountain ranges, where residents can lounge with a glass of wine and enjoy the fire tables and activity lawn. Prices are expected to range from $1.5 million to $4+ million. Interested buyers can now register for early selection and preferred pricing when purchase contracts are written this fall.

“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. Ascent at The Phoenician® has completed over $200 million in sales in a short amount of time,” said Paul Jorgensen, Replay Destinations’ President and Chief Executive Officer. “Potential buyers who loved our Mountainside Residences, but may have missed out on a specific residence, can now learn more about the upcoming Camelback Residences. With an initial limited release of 32 residences, the Camelback Residences will offer the extraordinary indoor-outdoor living, and the luxurious, refined interior aesthetic we are known for.”

Replay Destinations has engaged the same design team for the Camelback Residences as they utilized for the Mountainside Residences and sold-out Golf Villas. Ascent refers to the team as the “Best of the Best” of the Valley’s internationally recognized talent: Nelsen Partners, an architecture and planning firm founded in 1990; Vallone Design, a leading, full-service interior design firm specializing in exquisite residential and commercial interior design; Floor Associates, a landscape architecture and planning firm; bulthaup Scottsdale, a globally recognized company producing premium kitchens custom-made in Germany; and luxury fittings brand Waterworks which partners with exceptional properties around the world.

These exclusive condominium residences will enjoy a prime location near the Mountain Club, a private club for owners at Ascent. Programs, amenities and private events at the Club will celebrate the iconic Camelback Mountain and includes a private pool, fitness and movement rooms, social spaces and demonstration kitchen for cooking classes and private chef experiences. Architecturally designed as a modern interpretation of the historic Jokake Inn, the Mountain Club will be an intimate gathering place for connection, wellness, celebration and relaxation.

Ascent at The Phoenician® residents will have the opportunity to join the Phoenician® Amenity Access Program that provides Ascent real estate owners with access to resort amenities, including the pools and fitness facility and preferred pricing for spa, food and beverage, and other services. Ascent has attracted a significant number of buyers from the local Phoenix and Scottsdale area and from various states such as California, Illinois, Wyoming and Washington.

Joe Bushong and Leslie Jenkins of Russ Lyon Sotheby’s International Realty are the listing agents for Ascent at The Phoenician®.

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