See Home Value
$6,831,955*
Condo - Off Market

500 WALNUT STREET #802

PHILADELPHIA, PA 19106
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3200 Sqft
$4,680,000 - $5,720,000
Reference Base Price*
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Perched high above Independence Hall this impeccably crafted luxury condominium is a refined showpiece not to be missed. The first resale in the premier Residences at 500 Walnut, this 3,200 square feet turnkey unit was uniquely crafted devising a one of a kind living experience. Since its opening in 2017, the sophisticated buyer has identified this building as the benchmark of world-class luxury and prestige. The double door entry leads you into an impressive foyer with a custom lighting fixture. Continue on to an expansive open dining and kitchen brilliantly lit from panoramic floor to ceiling windows. The gourmet kitchen was expertly designed with waterfall edge quartz counters and breakfast bar, Gaggenau appliances, white lacquered soft-close cabinetry, and a 200+ bottle wine storage case. The dining and living room feature wide-plank hardwood floors, vented gas fireplace, and custom recessed lighting. From here, step out onto a large terrace overlooking verdant Independence Mall to revel in the captivating sights and sounds of historic Philadelphia. The owner's suite offers a spacious bedroom with bright windows, terrace access, lofty tray ceilings with recessed lighting, and a walk-in double closet with customized storage. The ensuite bath has 2 oversized vanities, standing glass-enclosed rain shower, and Toto washlet toilet. The 2 additional bedrooms, also generously sized, each have a 3 piece bath and large closets. This condominium also has an entertainment room, home office, hall powder room, laundry room, Lutron lighting and shade system, and ample storage throughout all hidden behind touch doors. Developed by the highly esteemed Scannapieco Development Corporation, this exclusive residence offers only 34 residences for unmatched privacy and prestige. Enjoy 2 car parking in the fully automated parking garage including the country's first induction charging for electric cars. 500 Walnut also provides a host of world-class amenities including full-service concierge and doorman, a  Mercedes town car and driver, a guest suite, and a 4,000 square foot treetop terrace overlooking Independence Hall. This imperial building sits elegantly at the corner of 5th and Walnut Streets with close proximity to the neighborhood's most distinguished restaurants, cafes, boutiques, and all major transportation options. Experience extraordinary style, comfort, and convenience in Philadelphia's most sought-after zip code! There are 8 years remaining on the tax abatement.

The manager has listed the unit size as 3200 square feet.
Unit Size
3,200Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,625
Property Type
Condo
Property Taxes
$3,726
HOA Dues
-
Year Built
2017

Price History

Date / Event Date Event Price
Jan 17, 2024 Listed $4,350,000
Listed
This luxurious condominium is located above Independence Hall and offers a refined living experience. It is the first unit of its type for resale in the prestigious Residences at 500 Walnut and features 3,200 square feet of living space. The unit is turnkey and has been uniquely crafted to provide a one-of-a-kind experience. Upon entering the condominium through double doors, you will be greeted by an impressive foyer with a custom lighting fixture. The open dining and kitchen area is…
Feb 28, 2023 No longer available -
No longer available
Jan 9, 2023 Listed $4,490,000
Listed
Perched high above Independence Hall this impeccably crafted luxury condominium is a refined showpiece not to be missed. The first resale in the premier Residences at 500 Walnut, this 3,200 square feet turnkey unit was uniquely crafted devising a one of a kind living experience. Since its opening in 2017, the sophisticated buyer has identified this building as the benchmark of world-class luxury and prestige. The double door entry leads you into an impressive foyer with a custom lighting…
Nov 29, 2022 No longer available -
No longer available
Jul 19, 2022 Price Decreased $4,995,000
↓ $204K (3.9%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
4,166 ft²
$924/ft²
$3,850,000 May 5, 2023
$3,850,000 Jul 28, 2023
-
House
4 Beds
5 Baths
3,693 ft²
$1,300/ft²
$4,800,000 Jun 6, 2023
$4,800,000 Jun 7, 2023
$4,742/mo
Condo
3 Beds
4 Baths
3,200 ft²
$1,359/ft²
$4,350,000 Jan 17, 2024
-
-
Condo
2 Beds
4 Baths
3,549 ft²
$1,550/ft²
$5,500,000 Dec 3, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230109 Unit 802
01/09/2023
802
3 Bed
3.5 Bath
3200 ft²
$4,490,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
3200 ft²
-
-
-
MARGAUX GENOVESE PELEGRIN
Compass
20221121 Unit 1600
11/21/2022
3 Bed
3.5 Bath
4300 ft²
$6,995,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
4300 ft²
-
-
-
Lavinia Smerconish
Compass RE
20220713 Unit PH
07/13/2022
PH
3 Bed
7 Bath
8900 ft²
$27,000,000
bedrooms
3 Bed
bathrooms
7 Bath
square feet
8900 ft²
-
-
-
Douglas Pearson
Kurfiss Sotheby's International Realty
20220525 Unit 203
05/25/2022
203
3 Bed
4 Bath
3100 ft²
$4,295,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3100 ft²
-
-
-
Douglas Pearson
Kurfiss Sotheby's International Realty
20220330 Unit 1600
03/30/2022
3 Bed
4 Bath
4300 ft²
$7,650,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4300 ft²
-
-
-
Sarah West
Compass RE
20220216 Unit 802
02/16/2022
802
3 Bed
3.5 Bath
3200 ft²
$5,350,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
3200 ft²
-
-
-
MARGAUX GENOVESE PELEGRIN
Compass
20211119 Unit 202
11/19/2021
202
2 Bed
2 Bath
1650 ft²
$1,995,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1650 ft²
-
-
-
Bruno Pouget
Astoban Realty Group llc
20210318 Unit 1600
03/18/2021
3 Bed
4 Bath
4300 ft²
$8,500,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4300 ft²
-
-
-
Sarah West
Compass RE
20200811 Unit 1500
08/11/2020
3 Bed
4 Bath
4300 ft²
$5,250,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4300 ft²
-
-
-
-
20200716 Unit 802
07/16/2020
802
3 Bed
4 Bath
3200 ft²
$5,200,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3200 ft²
-
-
-
-
20191004 Unit 1400
10/04/2019
3 Bed
4 Bath
4300 ft²
$7,500,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4300 ft²
-
-
-
-
20190305 Unit 301
03/05/2019
301
3 Bed
4 Bath
2700 ft²
$3,250,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2700 ft²
-
-
-
-
20181024 Unit 1500
10/24/2018
3 Bed
4 Bath
4300 ft²
$6,250,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4300 ft²
-
-
-
-
20180801 Unit 1600
08/01/2018
3 Bed
4 Bath
4300 ft²
-
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4300 ft²
-
-
-
-
20180411 Unit 901
04/11/2018
901
3 Bed
4 Bath
2700 ft²
-
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2700 ft²
-
-
-
-

Building Info

500 Walnut Street 500 Walnut Street, Philadelphia, PA 19106
  • 2 Units for Sale
More about this Building
500 Walnut Street
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About Center City


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