Optima, a luxury real estate developer, has launched sales for the first condominium tower at its $1 billion Optima McDowell Mountain community in North Scottsdale, marking the company’s return to Arizona’s for-sale residential market after a four-year hiatus.
Located on a 22-acre site at Scottsdale Road and Loop 101, the community had already generated nearly $27 million in early reservations as of mid-June, reflecting strong demand for the amenity-rich and architecturally distinctive homes.
The debut tower, named 7230, will include 196 luxury condominiums ranging from 728 to 2,204 square feet. Floor plans will include one-, two- and three-bedroom options, with starting prices estimated in the $600,000s. Residences will feature floor-to-ceiling glass, landscaped private terraces,
smart-home integration and designer kitchens. Buyers will have the option to personalize finishes or combine units into larger custom residences—a feature that has driven more than 60% of early reservations.
“This is a significant milestone for Optima,” said David Hovey Jr., AIA, president of Optima. “We’re bringing everything we’ve learned over the past four decades into this new community.”
The full development will include six eight-story towers featuring a mix of for-sale condominiums and rental apartments, along with 36,000 square feet of retail and dining space. Approximately 75% of the site—about 16 acres—will be dedicated to open space, including landscaped areas, walking
and biking trails, and a 10-acre central park.
Each building will offer roughly 1.5 acres of rooftop and ground-level amenities. The 7230 tower will include a Sky Deck with panoramic views of the McDowell Mountains, a 50-meter heated lap pool, rooftop running track, spa, saunas, fire pits and indoor-outdoor entertainment areas. Additional
amenities will include a fitness center, pickleball and bocce courts, golf simulator, movie theater, coworking spaces, pet spa and children’s play areas.
The community also embraces sustainability with what is expected to be the nation’s largest private rainwater harvesting system, capable of storing 210,000 gallons for irrigation. It will be the first project in Scottsdale built under the new International Energy Conservation Code and Green
Construction Code. Additional green features include solar panels, self-irrigating vertical gardens, 100% underground parking to reduce surface heat, and electric vehicle charging stations.
The first apartment tower is expected to open in fall 2025, with the condominium tower scheduled to follow in summer 2027. The Optima McDowell Mountain Sales Gallery is open by appointment.
Visit Optima McDowell Mountain for more details
