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Location: Phoenix, Arizona

Price: $2,450,000

Desert towns like Phoenix, Arizona, rarely build up. There's simply no incentive to when there's so much level sand on the outskirts of town. That's why this Phoenix penthouse enjoys such sweeping views of the city lights. There's simply nothing to block the view. Unfortunately, most of those good views are on the outside, where a neon-lit rooftop swimming pool lights up the evening sky. Inside, the decor is disappointing, with cheap-looking cabinetry, weak floral prints, waves of white and beige, and a mix of tile and carpet on the floors. We can't help but think a little TLC could take this place a long way. But wait, there's a problem. That sweet swimming pool is shared with the rest of the building. Still think this penthouse is worth $2,450,000?