Center City Listing Sets New Pricing Record

A jawdropping penthouse condo with views of Independence Square has rocked the small world of Center City real estate with a heretofore unheard-of price tag. Listed for a cool $32 million – the approximate amount that a Top 10 NFL player makes in an entire season – the home on the top floors of the insanely chi-chi 500 Walnut building is gorgeous, stylish, and move-in ready… if you have the bank account to possess it.

Gleaming floor-to-ceiling windows adorn the living space of the penthouse, which occupied the 25th, 26th, and roof-levels of the prestigious condo tower. Clocking in at 11,000 square feet, the new owner would have ample room for entertaining guests, throwing parties, fitting in a film crew, and whatever else stupidly-rich folks like to do with their time. There are only three bedrooms, but each is about the size of a starter home. There are four full bathrooms and three half-baths, so there’s never any concern about whether the facilities are occupied. There’s a built-in bar in the living room so that you can live all your latter-day Mad Men fantasies. The kitchen is eat-in, with broad doors opening up to a sizeable balcony with a view, but there’s also a formal dining room. And if the immense living room wasn’t enough, there’s also a family room and an office/gym flex space. Having one of those lavish parties that multi-millionaires throw? Lucky fact then that there’s a catering kitchen in the unit.

All this us to say nothing about the communal amenities at 500 Walnut, which include a sprawling two-story fitness complex, a 50-foot lap pool with attached hot tub, a combined library and billiard room, a private boardroom for moguls needing meeting space close to home, and even a 5-star guest suite.

Nothing quite like this has hit the market in Philly before, so it remains to be seen how long the property will remain on the market or if the price tag will hold firm.