11 months on rocket

500 Walnut St Ph, Ph, Philadelphia, PA, 19106

$25,900,000

4 Bedrooms
4 Full Baths, 3 Partial
8,900 SqFt
$2,910/SqFt
House
Schools Nearby

Location

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Property Highlights

ParkingInside Access, Underground, Other, Private, Secure Parking, Attached Garage
Garage4 spaces
Year BuiltNew Const., 2017
HeatingForced Air
CoolingCentral Air
FireplaceGas/Propane
ViewCity, Panoramic, River
MLS #PAPH2238784
StatusActive
(ACTIVE)

About 500 Walnut St Ph

Located on the top two floors of one of Philadelphia’s most sought-after buildings, The Penthouse at 500 Walnut is a pinnacle residence of the city. From its breathtaking, floor-to-ceiling views to its prestigious Society Hill location, the Penthouse is ultra-modern luxury set amid America’s most historic square mile. From the moment you step off your express elevator into this spectacular, new residence, floor-to-ceiling windows beckon you to the commanding, always-interesting views. Designer finishes and fixtures create an unparalleled environment. Spanning 8,400 square feet, with an astounding 2,500 square feet of outdoor space and four parking spaces in the fully automated garage at the building, the residence is located on the 25th and 26th floors. Its open, clean-lined design is the perfect backdrop to the expansive views of Philadelphia that can be seen from each room. An impressive all-season rooftop solarium opens to two terraces that provide north-, east-, and south-facing views, offering an even more dramatic vantage point and an additional 2,500 square feet of outdoor living space. Inside, the main living spaces offer excellent flow for entertaining. A grand reception area, expansive living room with bar, kitchen awash in natural light, formal dining room, catering kitchen and casual, fireside seating area are all dynamic, spaces. A custom-designed, sculptural staircase leads up to the atrium and outdoor living areas which are large enough to accommodate your own pool, spa, outdoor kitchen and other amenities. The staircase also takes you to the private quarters, including the owner’s suite featuring wraparound floor-to-ceiling windows that frame sweeping views of the Ben Franklin Bridge, riverfront and Independence Hall. There are two additional bedrooms, each with their own private bathrooms and fabulous riverfront views, and a flex space with an adjoining full bathroom that could be used as a fourth bedroom or second living area. An expansive gym/office space has its own private balcony. Best-in-class amenities at 500 Walnut include a 50-foot lap pool, a spacious fitness center, spa and sauna, a billiard room, a 4,000-square-foot, open-air terrace overlooking Independence Hall, and a boardroom with a fully equipped catering kitchen. Even your guests will have four-star accommodations at the fully furnished, completely private, luxurious overnight suite. 500 Walnut’s most enviable and luxurious amenity, the state-of-the-art, fully automated, robotic parking system allows residents to park and retrieve their cars at the touch of a button. Penthouse residents will have four parking spaces. Located in the prestigious Society Hill neighborhood, 500 Walnut is steps away from award-winning dining, world-class shopping and vibrant arts, theater and cultural choices.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2017
  • Stories: 2
  • Living Area: 8,900 SqFt

Listing Office:

  • Office Name: Kurfiss Sotheby's International Realty
  • Office Phone: (215) 735-2225
  • Listing Agent: Douglas N. Pearson

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Dishwasher, Disposal, Ice Maker, Oven, Gas Range, Refrigerator, Stove, Water Heater
  • Basement: No
  • Interior: 2nd Kitchen, Additional Stairway, Bar, Butlers Pantry, Kitchen - Gourmet, Recessed Lighting, Pantry, Primary Bath(s), Tub Shower, Walk-in Closet(s), Wet/Dry Bar
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City, Panoramic, River

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Inside Access, Underground, Other, Private, Secure Parking, Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • General George A. McCall School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Corner of 5th and Walnut

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,900,000
  • Price Per SqFt: $2,910/SqFt
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

500 Walnut St Ph vs Philadelphia

342 DAYS ON ROCKET

+288 Days

$25,900,000

+$25.6M More

$2,910/SqFt

+$2.7K More

KEY TAKEAWAY

This property is $25.6M more than the Median Sold Price and $2.7K/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2238784

Listing Office:

  • Office Name: Kurfiss Sotheby's International Realty
  • Office Phone: (215) 735-2225
  • Listing Agent: Douglas N. Pearson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:10:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$129.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$77.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2937801
6
/10
  • General George A. McCall School

  • 325 S 7th St

  • 0.25 miles

  • Public District Grades KG-8

High School

school-card-donut-2937802
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,127. The most common annual income of people living in Philadelphia, PA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Walnut St Ph

What is the listing price of this property?

The listing price of 500 Walnut St Ph property is $25,900,000.

What type of property is this?

The property 500 Walnut St Ph is a house located in Ph, Philadelphia, Pennsylvania, 19106.

Is this property for sale now?

Active Listing: 500 Walnut St Ph is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 Walnut St Ph are:
General George A. McCall School: GreatSchools Rating 6/10
Benjamin Franklin High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 500 Walnut St Ph has 4 bedrooms and 4 full and 3 half bathrooms.

What is the square footage of this property?

The property 500 Walnut St Ph is 8,900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Walnut St Ph is 2017.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia19106500 Walnut St Ph

This home is located at 500 Walnut St Ph in Ph, Philadelphia, PA and zip code 19106 in the Center City neighborhood. This 8,900 square foot home was built in 2017. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 22, 2023 and is currently priced at $25,900,000.

While more than 228 listings in Philadelphia, PA in March 2024 were sold above asking price, there were more than 214 listings sold at asking price, and more than 481 were sold below. The number of homes for sale in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 54 days, the median list price was $257,610.

From Rocket Homes Real Estate and based on county public records data.

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