The $3,167,000 sale is bullish for all high-rise condos and the Phoenix luxury home market in general.
The buyers paid more than $150,000 over the list price for the three-bedroom penthouse unit has 11-foot ceilings, stonewalls, built-in cabinets and his and her offices. It sits on the sixth floor of Tower II of the Landmark at Kierland, southwest of the intersection of Bell and Scottsdale roads.
That deal follows the $3 million sale of a residence at the nearby Plaza Lofts at Kierland Commons. The 2,855-square foot loft is situated over the bebe women’s clothing store at Kierland Commons, a trendy mixed-use project with stores, restaurants and other attractions.