The mortgage crisis might be taking a big financial toll on the nation, but one local builder hopes there’s still a buyer interested in a $6-million condo.
Is this view worth $6 million? Tell us in the comments.
Metropole, a 90-unit building in DC’s Logan Circle, is set to open next month—with its three-story penthouse sitting like a cherry on top. Area real-estate brokers say it’s likely the priciest condo on the market.
As designed, it’s a five-bedroom, six-bath unit with 4,600 square feet inside and 1,200 square feet of outdoor space. Two balconies and three terraces add to the amenities, which include a hot tub, fire pit, three parking spaces, and views of the monuments on the Mall. The penthouse has 26-foot living-room ceilings and a floating glass staircase connecting all three levels.
If you’re too busy to pick up the dry cleaning, get tickets to nearby Studio Theatre, or order flowers for Mom, don’t worry: Metropole’s concierge service has it covered.
Is the $6-million price too much? You can save a million by buying the condo as a shell and finishing it yourself.
If the penthouse doesn’t sell soon, the builder will bow to the reality of the market and break it up to sell as three individual units.
This article appears in the July 2008 issue of Washingtonian. To see more articles in this issue, click here.
Life in the Penthouse
The mortgage crisis might be taking a big financial toll on the nation, but one local builder hopes there’s still a buyer interested in a $6-million condo.
Metropole, a 90-unit building in DC’s Logan Circle, is set to open next month—with its three-story penthouse sitting like a cherry on top. Area real-estate brokers say it’s likely the priciest condo on the market.
As designed, it’s a five-bedroom, six-bath unit with 4,600 square feet inside and 1,200 square feet of outdoor space. Two balconies and three terraces add to the amenities, which include a hot tub, fire pit, three parking spaces, and views of the monuments on the Mall. The penthouse has 26-foot living-room ceilings and a floating glass staircase connecting all three levels.
If you’re too busy to pick up the dry cleaning, get tickets to nearby Studio Theatre, or order flowers for Mom, don’t worry: Metropole’s concierge service has it covered.
Is the $6-million price too much? You can save a million by buying the condo as a shell and finishing it yourself.
If the penthouse doesn’t sell soon, the builder will bow to the reality of the market and break it up to sell as three individual units.
This article appears in the July 2008 issue of Washingtonian. To see more articles in this issue, click here.
More>> Capital Comment Blog | News & Politics | Society Photos
Most Popular in News & Politics
Organizers Say More Than 100,000 Expected for DC’s No Kings Protest Saturday
Cheryl Hines Suddenly Has a Lot to Say About RFK Jr. and MAGA
Most Powerful Women in Washington 2025
Some Feds Are Driving for Uber as Shutdown Grinds On, Congressman Claims Swastika Was Impossible to See on Flag, and Ikea Will Leave Pentagon City
Washington DC’s 500 Most Influential People of 2025
Washingtonian Magazine
October Issue: Most Powerful Women
View IssueSubscribe
Follow Us on Social
Follow Us on Social
Related
Want to Live in a DC Firehouse?
DC Punk Explored in Three New History Books
The Local Group Fighting to Keep Virginia’s Space Shuttle
Alexandria’s “Fancy Pigeon” Has a New Home
More from News & Politics
Washington Spirit Playoffs: Everything You Need to Know
Some Feds Are Driving for Uber as Shutdown Grinds On, Congressman Claims Swastika Was Impossible to See on Flag, and Ikea Will Leave Pentagon City
Brittany Pettersen on Being a New Mom While in Congress
Organizers Say More Than 100,000 Expected for DC’s No Kings Protest Saturday
Democracy Melted in Front of the Capitol Yesterday
Judge Halts Shutdown Layoffs—for Now; Virginia AG Candidates Will Debate Tonight; Flying Ferry to Be Tested on Potomac
Eduardo Peñalver Will Be Georgetown University’s 49th President
Cheryl Hines Suddenly Has a Lot to Say About RFK Jr. and MAGA