Phoenix, Arizona, January 29, 2026
The re-listing of the largest condominium in Old Town Scottsdale at $6.5 million exemplifies the robust luxury real estate market in Phoenix. This distinctive property reflects the area’s economic vitality and growth, showcasing the ongoing demand for high-end living spaces. As Phoenix attracts businesses and affluent residents, developments like the penthouse at Optima Camelview Village signal sustained investment and confidence in the region’s future. Old Town Scottsdale continues to thrive, balancing tradition with modern amenities, making it an appealing destination for luxury homebuyers.
Phoenix, Arizona
Old Town Scottsdale’s Grandest Condo Relists at $6.5 Million
The re-listing of the largest condominium in Old Town Scottsdale signals a continued robust luxury real estate market, reflecting the area’s economic vitality and the allure of private investment in high-end living spaces. This premier property underscores the desirability of Phoenix’s vibrant communities, driven by a spirit of innovation and sustained economic expansion.
Phoenix, Arizona, continues to attract significant attention as a hub for both thriving businesses and discerning residents. The real estate market, particularly in highly sought-after areas like Old Town Scottsdale, frequently showcases properties that epitomize success and refined living. This trend is a testament to the region’s strong economic fundamentals, fostered by an environment that encourages entrepreneurial ventures and private sector growth. The latest entry into this market highlights the ongoing confidence in Phoenix’s future.
A Premier Listing in a Dynamic Market
A top-floor corner penthouse suite at Optima Camelview Village in Old Town Scottsdale has recently been listed for $6.5 million. This residence holds the distinction of being the largest condo available in the Old Town Scottsdale area. Its re-entry into the market follows a 10-month period of absence, drawing renewed interest from potential buyers seeking unparalleled luxury in a prime location. The listing of such a significant property often serves as an indicator of sustained interest and investment in the region’s high-end residential offerings.
Optima Camelview Village: A Landmark of Private Investment
The Optima Camelview Village itself stands as an example of innovative private sector development, contributing to the distinctive character of Old Town Scottsdale. Projects of this scale, often driven by entrepreneurial vision, enhance the urban landscape and provide diverse housing options that cater to various market segments, including the luxury sector. Such developments are crucial for accommodating the influx of individuals drawn to Arizona’s expanding economic opportunities. The presence of a 5,119-square-foot penthouse within this complex underscores the commitment to delivering premium living experiences, appealing to those who appreciate thoughtful design and expansive living spaces.
Old Town Scottsdale: A Hub of Economic Activity
Old Town Scottsdale has long been recognized as a dynamic center for business, culture, and leisure within the greater Phoenix metropolitan area. Its blend of boutique shops, acclaimed restaurants, and vibrant nightlife creates an environment conducive to both personal enjoyment and economic growth. The ongoing demand for luxury residences in this area reflects the success of local businesses and the appeal of a community that balances tradition with modern amenities. The ability of such neighborhoods to attract and retain high-net-worth individuals often translates into further investment, job creation, and overall prosperity for the region. The appeal of living in proximity to such a lively economic ecosystem is a significant draw for many.
Luxury Real Estate and Regional Growth
The luxury real estate market in Phoenix, and specifically in areas like Old Town Scottsdale, plays a vital role in the broader economic narrative of Arizona. Properties such as this $6.5 million penthouse attract significant capital and often accompany an investment in local services, retail, and other sectors. This private investment acts as a powerful engine for economic expansion, fostering an environment where businesses can thrive and communities can prosper. The continued strength of this market segment reflects a positive outlook on the region’s future, supported by an entrepreneurial spirit and a favorable economic climate that values limited regulatory burdens to encourage development and innovation.
The Allure of the Arizona Lifestyle
Beyond the square footage and price tag, the listing speaks to the broader appeal of the Arizona lifestyle. The state’s pro-business policies, coupled with its natural beauty and vibrant communities, make it an attractive destination for entrepreneurs, professionals, and retirees alike. The opportunity to live in a spacious, high-end residence like the Optima Camelview penthouse in a sought-after location such as Old Town Scottsdale is a significant draw. This contributes to a cycle of growth where incoming residents and businesses further bolster the local economy, proving that strategic private investment can yield substantial community benefits.
Looking Forward: Sustaining Phoenix’s Momentum
The re-listing of this prominent Old Town Scottsdale penthouse is more than just a real estate transaction; it is a signal of the enduring strength and appeal of the Phoenix metropolitan area. It underscores the importance of private enterprise and individual achievement in shaping our local economy. As Phoenix continues its trajectory of growth, supporting local businesses, fostering entrepreneurial innovation, and ensuring an environment where investment can flourish will be paramount. We encourage our readers to remain engaged in the economic developments that define our thriving city and to support the businesses that contribute to its unique character and prosperity.
Frequently Asked Questions (FAQ)
Q: What is the largest condo in Old Town Scottsdale that has recently been listed?
A: The largest condo in Old Town Scottsdale that has recently been listed is a top-floor corner penthouse suite at Optima Camelview Village.
Q: What is the asking price for this Old Town Scottsdale penthouse?
A: The asking price for this Old Town Scottsdale penthouse is $6.5 million.
Q: What are the specifications of this penthouse condo?
A: This penthouse condo is 5,119 square feet.
Q: Where is the penthouse condo located?
A: The penthouse condo is located at Optima Camelview Village in Old Town Scottsdale.
Q: How long was this condo off the market before its re-listing?
A: The condo was off the market for 10 months before it was re-listed.
Key Features of the Old Town Scottsdale Penthouse
| Feature | Detail |
|---|---|
| Type | Penthouse Condo |
| Location | Optima Camelview Village, Old Town Scottsdale |
| Size | 5,119 square feet |
| Asking Price | $6.5 million |
| Distinction | Largest condo in Old Town Scottsdale |
| Market Status | Relisted after a 10-month absence |
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
