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4808 N 24TH Street #1505, Phoenix, AZ, 85016

3beds
4baths
2,665sqft
$1,995,000
$749price/sqft
$11,652/moest. monthly cost
$466,080/yrincome needed

About This Home

An exceptionally rare opportunity to own one of Optima's most coveted residences. This expansive, combined penthouse level residence features soaring ceilings exclusive to the top floor, dramatic floor-to-ceiling glass, breathtaking panoramic views of city lights and surroundin g mountain ranges. Open, light-filled floor plan creates an ideal setting for both everyday living & entertaining. Located in the prestigious, award-winning Optima Biltmore Towers, residents enjoy one of Phoenix's premier urban lifestyles. The community has recently completed a stunning renovation of rooftop poo/ spa, complementing an impressive collection of resort-style amenities including a fitness center, sauna, concierge service, business center, clubhouse, beautifully landscaped courtyard, and more. Just outside your door, you'll find some of Phoenix's finest shopping, dining, entertainment, and everyday conveniences. Walk to Biltmore Fashion Park, restaurants, cafés, theaters, and more while enjoying easy access to Sky Harbor Airport, Downtown Phoenix, Scottsdale, and the Camelback Corridor. Combined penthouse residences in Optima Biltmore Towers are exceptionally scarce and seldom come to market. Offering unmatched scale, elevated ceilings, spectacular views, and an unbeatable Biltmore location, this is a truly one-of-a-kind opportunity.

Getting Around

67
WalkingSomewhat Walkable
46
TransitSome Transit
51
BikeBikeable

Schools

5/10
Madison Park SchoolGrades PK,5-81.2 mi
3/10
Camelback High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 2006

Materials

  • Roof: Other
  • Construction materials: Aluminum Siding,Steel Frame

Other

  • Builder name: Optima

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

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

Bedrooms & Bathrooms

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

Features

  • High Speed Internet,Granite Counters,Double Vanity,Eat-in Kitchen,9+ Flat Ceilings,Elevator,No Interior Steps,Pantry,Full Bth Master Bdrm
  • Window features: Low Emissivity Windows,Double Pane Windows,Tinted Windows
  • Flooring: Stone,Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,665
  • Total interior livable area: 2,665 sqft

Property

Details

  • Parcel number: 16319324
  • Attached to another structure: Yes
  • Other equipment: Intercom

Features

  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Built-in Barbecue
  • Has spa: Yes
  • Spa features: None,Heated
  • Fencing: Other
  • Has view: Yes
  • View description: City,City Lights,Mountain(s)

Lot

  • Lot size: 2,665 sqft
  • Features: None,Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Attached,Gated,Garage Door Opener,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 $10,087$121,044
Home Insurance $552$6,624
Property Taxes $731$8,772
Electricity $282$3,386
Total$11,652$139,824

Income You'd Need if You Spent...

35% on housing$399,497/yr
40% on housing$349,560/yr
45% on housing$310,720/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

$749This listing

vs Other Active Listings

Avg $/sqft

ZIP 85016$341
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85016$399
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
2026-07-28Listed for sale$1,995,000
2009-10-27Sold$890,000
2006-06-14Sold$1,017,174

For Sale by Agent

AgentTaryn Toby Ware
BrokerageCompass

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