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

3beds
4baths
4,830sqft
$10,300,000
$2,133price/sqft
$58,508/moest. monthly cost
$2,340,320/yrincome needed

About This Home

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.

Getting Around

17
WalkingCar-Dependent
27
TransitSome Transit
12
BikeSomewhat Bikeable

Schools

8/10
Echo Canyon K-8Grades PK-80.8 mi
9/10
Arcadia High SchoolGrades 9-122.4 mi
9/10
Hopi Elementary SchoolGrades K-51.7 mi

Construction

Condition

  • Property condition: To Be Built
  • Year built: 2028

Materials

  • Roof: Other
  • Construction materials: Stucco,Steel Siding,Steel Frame,Stone,Block

Other

  • Builder name: Layton

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Washer,Built In Recycling,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Gas Cooktop,Built-In Electric Oven
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Pantry,High Speed Internet,Smart Home,Double Vanity,Eat-in Kitchen,Breakfast Bar,9+ Flat Ceilings,Elevator,No Interior Steps,Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Low Emissivity Windows,Double Pane Windows,Mechanical Sun Shds,Tinted Windows
  • Flooring: Stone,Wood
  • Number of fireplaces: 3
  • Fireplace features: Exterior Fireplace,Living Room,Master Bedroom,Gas
  • Fireplace: Yes
  • Common walls with other units/homes: Two Common Walls,Neighbor Below

Heating & Cooling

  • Heating features: Electric
  • Cooling features: HVAC SEER Rating,Central Air,Programmable Thmstat

Interior Area

  • Total structure area: 4,830
  • Total interior livable area: 4,830 sqft

Property

Accessibility

  • Accessibility features: Zero-Grade Entry,Lever Handles,Bath Lever Faucets,Accessible Hallway(s)

Details

  • Parcel number: 17212192
  • Attached to another structure: Yes

Features

  • Stories: 4
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Balcony,Private Street(s),Built-in Barbecue
  • Spa features: None
  • Fencing: Other
  • Has view: Yes
  • View description: City Lights,Mountain(s)

Lot

  • Lot size: 4,830 sqft
  • Features: Borders Common Area,North/South Exposure,Hillside Lot,Borders Preserve/Public Land,Desert Back,Desert Front

Parking

  • Total spaces: 2
  • Parking features: Gated,Storage,Assigned,Community Structure,Common
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Hail
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $52,082$624,984
Home Insurance $2,139$25,668
Property Taxes $3,776$45,312
Electricity $511$6,137
Total$58,508$702,096

Income You'd Need if You Spent...

35% on housing$2,005,988/yr
40% on housing$1,755,240/yr
45% on housing$1,560,213/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,133This listing

vs Other Active Listings

Avg $/sqft

ZIP 85251$397
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85251$461
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-05-13Listed for sale$10,300,000

For Sale by Agent

AgentKarina Rodriguez
BrokerageRuss Lyon Sotheby's International Realty

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