A new pinnacle of luxury living has arrived with the announcement of a $10.3 million penthouse at Summit by Olson Kundig, the final phase of the Ascent at The Phoenician® development. The high-end residence is now one of the most expensive condominiums ever listed in the state.
Located at the base of Camelback Mountain, this luxury penthouse redefines desert living with dramatic architecture and expansive views and is part of Summit Residences, a collection of 63 homes designed by internationally renowned architecture firm Olson Kundig, making their Arizona condominium debut.
Penthouse 1301 spans more than 6,200 square feet of indoor and outdoor living space. The top-floor features three bedrooms, three and a half bathrooms, a multi-media room, and retractable floor-to-ceiling glass walls. The home integrates Olson Kundig’s distinctive architectural language with high-end materials and features, including natural stone, hardwood flooring, Waterworks fixtures, and Sub-Zero/Wolf appliances.
The kitchen — developed in collaboration with European design brand bulthaup — is paired with a separate back kitchen and an outdoor kitchen/wet bar. Four separate fire features and an optional custom wine wall add sophistication and ambiance throughout the home. The primary suite, positioned to capture city lights and mountain views, offers a serene retreat that opens directly to the surrounding landscape.
“This home is the only residence to offer views of Camelback and the Valley while overlooking the adjacent Mountain Club pool,” said Kirsten Ring Murray, principal and owner at Olson Kundig. “It’s designed to maximize the connection to its environment, with curated zones for entertaining and tranquil living.”
According to Brianne Kelsey, VP of Development for Replay Destinations, the penthouse exemplifies the developer’s vision of combining world-class architecture with access to nature and resort-style amenities.
The Summit Residences are part of the Ascent at The Phoenician® master plan, offering homeowners access to exclusive amenities. These include a private Mountain Club with a pool, fitness and wellness facilities, a catering kitchen, game rooms, and spaces for social events. Through an optional membership, residents can also access amenities at The Phoenician®, including its spa, golf course, restaurants, and resort pools. A scenic walking path connects the residential community directly to the resort grounds.
Residences at Summit start at $2.4 million, with penthouses ranging from $7 million to $10.3 million. Construction is expected to begin this summer, with completion targeted for late 2027. For more information, visit summitolsonkundig.com
