Property Sub TypeUnit/Flat/Apartment
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 City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.