The Most Expensive Condos in Scottsdale

Scottsdale has quietly become a top-tier city — regularly topping national rankings for best place to retire, best city for jobs, and quality of life. With that recognition has come a new wave of ultra-luxury condo development. The top 1% is increasingly choosing condo living here, drawn by lock-and-leave convenience, stunning views, and amenities that rival the world’s finest hotels. Developers have taken notice, and several new communities are now tied to marquee hotel brands that add serious cachet.

So which communities make the cut for the most expensive condos in Scottsdale? We ranked by price per square foot, and our top five are Ascent at the Phoenician, Ritz Carlton Residences, Villas at Mountain Shadows, Icon at Silverleaf, and Scottsdale Waterfront — three of which have been built in the last five years.

Ascent at the Phoenician

Set against the mountainside next to the world-class Phoenician Resort, Ascent offers a choice between midrise condo buildings and two-story villas with private garages — all with top-of-the-line interiors. Residents can walk to the Phoenician’s restaurants and access memberships to its facilities. The mountain and city views are spectacular, and Camelback Mountain hiking trails are just steps from the community.

Ritz Carlton Residences

The name alone sets expectations high, and the Ritz Carlton Residences delivers. Single-level condos in midrise buildings are surrounded by pools and lush, serene landscaping, with large balconies and patios opening to pool and mountain views. Residents also enjoy exclusive access to the iconic Ritz Carlton Hotel’s world-class amenities, including its spa, fitness facilities, and signature dining experiences, bringing the full luxury of five-star hospitality directly to their doorstep. The community is in close proximity to the Palmeraie development — a 122-acre luxury enclave with upscale shopping and dining and home to the much anticipated Fendi condominiums.

Villas at Mountain Shadows

Quieter and more secluded than some of its peers, the Villas at Mountain Shadows offers two-story villa buildings oriented around mountain views and the adjacent Mountain Shadows golf course. Large terraces and patios, desert surroundings, and easy access to the Mountain Shadows Resort restaurant next door make this a standout for buyers who want privacy alongside luxury.

Icon at Silverleaf

Tucked within the idyllic Silverleaf community in DC Ranch, Icon at Silverleaf is midrise luxury at its most refined. The four-story buildings offer single-level condos up to 3,174 square feet, many with sweeping mountain views. Each residence is accessed via a semi-private elevator from secured lobby-level parking. Spacious 350–400 square foot decks, 2–3 bedrooms plus dens, and a community pool and cabanas round out the offering. Residents are a short walk from the Village Fitness Club, with optional social or golf memberships to the Club at Silverleaf — an 18-hole course with spa, pool, and dining. DC Ranch Marketplace is a short drive away for everyday shopping and restaurants. Currently, an active listing is priced at $7,680,000, with recent sales ranging from $2,600,000 to $5,750,000 and a median price per square foot of $1,012.

Scottsdale Waterfront

The grand dame of Scottsdale highrise living, Scottsdale Waterfront’s twin towers define the Downtown Scottsdale skyline. Concierge and valet service, elegant common spaces, and a rooftop pool set the tone. Residents are steps from the city’s best festivals, and iconic restaurants like Olive & Ivy are right across the street.

Other Communities Worth Knowing

If your community didn’t make the top five, don’t be surprised — the competition is stiff. Optima Kierland and Enclave at Borgata both sit comfortably in the ultra-luxury tier with strong price-per-square-foot averages, and either could crack the top five depending on the year’s sales. Browse our Scottsdale Luxury Condos page or contact us for expert guidance in finding the right fit.

Information in this article has been obtained from sources believed to be reliable but is not guaranteed.