Luxury Penthouse Condos Stats
Average Price | $933K |
---|---|
Lowest Price | $100K |
Highest Price | $60M |
Total Listings | 16,112 |
Avg. Price/SQFT | $774 |
Property Types (active listings)
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More About Luxury Penthouses in Washington MetrO
Penthouses have been around for as long as tall residential buildings in general. But it’s important to remember that upper floors were not always in high demand. The early steam and hydraulic elevators weren’t always reliable, and in some cases weren’t even included in urban city apartments. Penthouses in the early 20th century were sometimes relegated to storage, utility rooms or servant quarters. After all, who wants to climb all those stairs? But the wheels of motion did in fact change the game, and the emergence of electric elevators and subsequent improvements made it a lot quicker and easier to get to the top. It is also worth noting that apartment towers in the nation’s capital have never reached the lofty heights as skyscrapers in New York City or Chicago; the federal Height of Buildings Act passed in 1910 prohibited new construction of more than 130 feet in commercial areas and even less on residential streets.
Nonetheless, beautiful penthouses in Washington, DC did become a thing, first with grand apartment buildings and then cooperatives and condominiums. The idea of beautiful upper level residences with large windows, private terraces, and commanding views became an obvious status symbol and that cachet has only grown over time. In the modern age, penthouse condos and cooperatives in Washington, Alexandria, Arlington, Bethesda, and other parts of the metropolitan area, have become an elite subset of the luxury real estate market. Fortunately, those wanting to move on up to an apartment in the sky have an extensive menu to choose from.
From antiques to brand new, and from real high-rises to buildings that aren’t all that tall, penthouses in the Washington Metro area display a remarkable range of styles. The cold-warped glass façade of the new Amaris building in the Southwest Waterfront was designed not only for its unique twisting shape, but also to offer the ultimate number of river views. The mid-century modernism of the iconic Watergate with its multiple cooperative residential buildings in the Foggy Bottom neighborhood features sleek, curvilinear exteriors, along with numerous upper story residences, many featuring expansive balconies with pristine views of the Potomac shoreline. Some expansive penthouses have multiple levels, including select units at the Residences at Harbourside in Georgetown, 22 West in the West End, 3303 Water Street in Georgetown, the Ritz-Carlton Georgetown, and its next-door brand mate the Ritz-Carlton West End, and many others.
You can find penthouses in smaller boutique buildings that aren’t particularly high but are impressive, nonetheless. And then there are the three condo towers at Somerset House in Chevy Chase, ranging from 18 to 21 stories each, set on a lush 17-acre gated property known as Parc Somerset that includes a country club-style clubhouse and sports complex with multiple swimming pools, tennis courts, and other fitness facilities. Penthouses at City Center in Downtown DC enjoy multilevel landscaped sky terraces, not to mention all the onsite amenities including over 40 upscale shops and restaurants.
Buildings mentioned above represent a very tiny slice of desirable penthouses in DC Metro. Prospective buyers will home in on favorite neighborhoods, architectural styles, floorplans, and building service features as they explore the many offerings. The DC Luxury Collection makes it easy for you to browse available listings, including easy-to-use filters that can help prioritize your search criteria.
To get personalized service for your penthouse search, call Andre Perez at District Partners at Compass, 202-400-3030.
Curious About the Condo Market In Washington Metro? Contact Andre Today.
Get in touchLuxury Penthouses, DC Metro FAQs
Q: Can a penthouse have more than one level?
A: Yes, penthouses in the DC area have been known to have as many as three levels.
Q: Do penthouses only exist in high-rise buildings?
A: No, a penthouse can refer at the upper levels of mid-rise buildings as well.
Q: What is the range of prices for luxury penthouses in Washington Metro?
A: Generally speaking, luxury penthouses in the region have sold in a range from $1 million to $11 million. At some point, the previous record of $11 million in the DC area will be broken.
Q: Is there any such thing as a studio penthouse?
A: Yes. Penthouses come in many sizes. While not all buildings have studio penthouses, some do.
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Neighborhoods
- Alexandria
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- AU Park
- Bethesda
- Berkley
- Burleith
- Capitol Hill
- Chevy Chase, DC
- Chevy Chase, MD
- Cleveland Park
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- Falls Church City
- Georgetown
- Great Falls
- Kalorama
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