SCOTTSDALE, Ariz.--(BUSINESS WIRE)--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 90% of the Mountainside Residences, representing more than $80 million in sales, with a 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 to $4.85 million.
With unprecedented pre-construction sales and the start of construction of the Mountainside Residences, Replay Destinations 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 to 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. Prices are expected to range from $1.5 million to $4+ million.
“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. “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.”
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. The Mountain Club includes a private pool, fitness and movement rooms, social spaces and demonstration kitchen for cooking classes and private chef experiences.
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.
Joe Bushong and Leslie Jenkins of Russ Lyon Sotheby’s International Realty are the listing agents for Ascent at The Phoenician®. For more information on the remaining Mountainside Residences or to register for updates, including Early Registration for the first release of the Camelback Condominium Residences, visit ascentatthephoenician.com or call 480-534-4086.
Ascent at The Phoenician® is being developed by Replay Destinations. With more than $2 billion of real estate projects in planning and development, Canadian-based Replay has properties in some of the world’s most sought-after settings. Replay Destinations is a fully integrated real estate development company headquartered in Vancouver, Canada, specializing in the destination home sector. With operations in the continental United States, Hawaii, Mexico, and the Caribbean, Replay’s team of strategists, planners, designers, marketers and builders create authentic and enduring places that become must-visit destinations for guests and potential real estate purchasers alike. Working with visionary private equity firms, landowners, municipalities, other developers and families with legacy holdings, Replay creates places that the marketplace thinks of first and likes best, which in turn enhances the destination’s economic impact and market awareness. Replay’s outlook is global, long term and broad-based, and is supported by strong, goal-oriented, time- and budget-sensitive business practices. Replay was founded in 2007. Visit www.replaydestinations.com for more information.
