$535,000

Description

Olympus Condominiums - Third-floor retreat w/ signature barrel-vaulted ceilings & sweeping views of Camelback Mountain. An iconic mid-century modern landmark, designed in 1964 by celebrated Phoenix architect Robert L. Starkovich. Central Corridor concrete architecture w/ dramatic arches & signature breeze-block detailing. Historic Landmark designation approved 2024 -- own a piece of Phoenix history. Owner-occupant tax benefit. HOA upgrades: new roofs 2023; A/C & heating piping 2024. Amenities: underground parking, storage, mid-century clubhouse, pool, BBQ areas & lush greenbelts/courtyards. HOA covers heating/cooling, cable+internet, water/sewer/trash & common upkeep. Steps to Murphy Bridle Path; minutes to Uptown dining, coffee & boutique shopping, and hiking at Piestewa Peak & N Mountain Olympus Condominiums is one of Phoenix's most architecturally distinctive residential communities -- a boutique mid-century modern landmark designed in 1964 by renowned Phoenix architect Robert L. Starkovich. Starkovich helped shape much of Phoenix's mid-century architectural landscape, and Olympus remains one of the Central Corridor's most recognizable residential buildings. The building's bold architectural identity is defined by sculptural concrete construction, dramatic arch forms, and signature breeze-block detailing, elements that reflect the design principles of mid-century modern architecture throughout the Southwest. The repeating arches and open breezeways create a strong architectural rhythm that has made Olympus an enduring architectural presence along Central Avenue for more than sixty years. In 2024 Olympus received official Historic Landmark designation, recognizing the building's architectural significance within Phoenix's built environment and helping preserve its distinctive character for future generations. For owner-occupied residences, this designation may also provide a potential property tax advantage through the Maricopa County historic preservation program (buyers should verify eligibility and potential savings with the County Assessor). The community maintains an intimate residential scale with 36 residences, offering a boutique living environment within one of Phoenix's most desirable urban corridors. Despite its boutique scale, Olympus provides a thoughtfully designed collection of amenities that enhance everyday living while complementing the building's architectural character. Residents enjoy secure underground garage parking, private storage areas, a mid-century clubhouse, a community pool, outdoor BBQ and gathering areas, and landscaped greenbelts and courtyard spaces that create a relaxed and private residential setting. The homeowners association has demonstrated thoughtful stewardship of the property through a series of capital improvements supporting both the longevity and continued appeal of the building. Recent work includes new roofs completed in 2023 and replacement of the building's A/C and heating piping system in 2024, strengthening essential building infrastructure. A project to update the community's distinctive wrap-around roof-deck patio areas is also underway, with completion targeted for fall of this year. Monthly HOA dues are comprehensive and include a wide range of utilities and services designed to simplify ownership. Included within the dues are heating and cooling, cable television, internet service, water, sewer, trash service, and common area maintenance, reducing the number of individual utilities owners typically manage separately. The location of Olympus further enhances its appeal. Positioned along Phoenix's prestigious Central Corridor, the building sits directly adjacent to the historic Murphy Bridle Path, offering miles of shaded walking, jogging, and biking through one of the city's most desirable residential corridors. Residents enjoy convenient access to the vibrant Uptown Phoenix district, known for its collection of restaurants, coffee shops, neighborhood markets, and boutique shopping. Outdoor recreation is also easily accessible, with Piestewa Peak and North Mountain located just minutes away, providing some of the Valley's most popular hiking and scenic desert trails. Within Olympus, upper-floor residences provide the building's most distinctive architectural experience, featuring signature barrel-vaulted ceilings that are unique to the top level of the building. These dramatic ceilings echo the building's exterior arches and create a sense of volume and architectural character within the living spaces. This residence benefits from that sought-after upper-floor positioning, offering barrel-vaulted ceilings, natural light, and expansive views that further elevate the architectural experience and Central Corridor lifestyle. For buyers seeking a home that blends architectural significance, boutique community living, and one of Phoenix's most desirable Central Corridor locations, Olympus Condominiums represents a unique opportunity to own within a historic mid-century landmark that continues to define the character of Central Phoenix.