Ascent at The Phoenician unveils $10.3M penthouse from renowned architect; plus 6 more deals to know

Article originally posted on Phoenix Business Journal on May 29, 2025

Summit by Olson Kundig Penthouse Unit 1301 Aerial to Camelback copy

A penthouse residence designed by renowned architectural firm Olson Kundig has been listed for $10.3 million, making it one of Arizona’s highest-priced condo listings ever.

Called Penthouse 1301, the luxury condo is part of the last phase of the Ascent at The Phoenician luxury condominium community. Ascent’s owner, Replay Destinations, tapped Seattle-based Olson Kundig back in March to do the design work at the phase — which has been named the Summit Residences and is at the highest point of the Ascent development.

The Summit will include 63 luxury condos in two buildings, including four signature penthouses with 10-foot glass panels that open a corner of each unit to offer an indoor-outdoor experience. Prices of the condos will start at $2.4 million, and the penthouses will start at $7 million.

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