Luxury real estate developer Optima 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 for the first time in four years.
Located on a 22-acre site at Scottsdale Road and Loop 101, the community has already generated nearly $27 million in early reservations, underscoring strong demand for the amenity-rich and architecturally distinctive homes.
The debut tower, dubbed 7230, will include 196 luxury condominiums ranging in size from 728 to 2,204 square feet. Floorplans will include one-, two- and three-bedroom options with estimated starting prices in the $600,000s. Features will include floor-to-ceiling glass, landscaped private terraces, smart-home integration and designer kitchens. Buyers will have the opportunity to personalize finishes and even combine units into larger custom residences—a feature that has driven more than 60% of early reservations so far.
“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. Optima McDowell Mountain reflects our ongoing commitment to thoughtful design and quality living.”
The full development will consist of six eight-story towers that include both for-sale condominiums and apartments, as well as 36,000 square feet of retail and dining space. It is designed with a strong emphasis on sustainability and open space, with 16 acres—approximately 75% of the site—dedicated to landscaped areas, walking paths, biking trails and a 10-acre central park.
Each building in the community will be anchored by about 1.5 acres of rooftop and ground-level amenities. The 7230 tower will feature a Sky Deck with panoramic views of the McDowell Mountains, a 50-meter heated lap pool, rooftop running track, spa, saunas, firepits, and indoor-outdoor entertainment spaces. Additional amenities will include a state-of-the-art fitness center, pickleball and bocce courts, a golf simulator, movie theater, coworking spaces, pet spa, and children’s play areas.
The development also incorporates an ambitious approach to environmental stewardship. Optima McDowell Mountain will house the nation’s largest private rainwater harvesting system, with a capacity to store 210,000 gallons for irrigation use. It will also be the first Scottsdale project built under the new International Energy Conservation Code and Green Construction Code. Other sustainability features include solar panels, self-irrigating vertical gardens, 100% underground parking to minimize surface heat, and EV charging stations.
The first apartment tower is expected to open in fall 2025, followed by the condominium tower in summer 2027. The Optima McDowell Mountain Sales Gallery is now open by appointment.
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