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$1,598,000 -$52,000 (-3.15%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 0.04 Acres
  • 3 Car Garage
  • Updated 2 days ago
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Penthouse 557 at Portland Place is a rare architectural masterpiece with breathtaking views overlooking Phoenix's iconic Japanese Friendship Garden & Koi ponds. This stunning residence features soaring walls of glass, a striking wood & steel cable staircase, dramatic two-story slate 3-way fireplace. Chef's kitchen featuring Viking appliances, quartz ctrtops, and a Butler's pantry w/wine cooler; Built by Weitz Constr. and designed by acclaimed Davis Architecture, Portland place offers structural integrity, sound attenuation, expansive open living spaces, a rooftop pool, grilling and entertainment areas, fitness center, secure parking, along with breathtaking city, park and mountain views. This condo also features motorized blinds, RO water filtration syst, and two new HVAC systms. Portland Place's boutique scale and exceptional design have long distinguished it as one of Downtown Phoenix's most desirable residential communities. Whether you prefer walking, the convenience to the light rail, or biking on the Sonoran Bike Trail, the very best of Phoenix awaits outside your door. Explore Roosevelt Row's vibrant art scene, walk to award winning restaurants, entertainment venues, museums and sporting events. Penthouse 557 is more than a home. It is one of Downtown Phoenix's most exceptional and enduring luxury residences.

Full Property Details for 208 W Portland St #557

General

  • Price: $1,598,000
  • HOA FEE: $2,093/month
  • Taxes: $9,369 (2025)
  • Status: Active
  • Type: Condo
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7038239
  • Updated: 6/19/2026
  • Added to Site: 16 day(s) ago

Interior

  • Interior Features: Quartz Countertops, High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Fireplace: Yes
  • Number of Fireplaces: 3
  • Fireplace(s): Two Way Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Appliances: Dryer, Washer, Reverse Osmosis, Refrigerator, Built-in Microwave, Disposal, Gas Cooktop, Built-In Electric Oven, Water Purifier
  • Flooring: Carpet, Stone, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Additional Information

  • Security/Safety: Fire Sprinkler System

Exterior

  • Exterior Features: Balcony, Built-in Barbecue

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Gated, Garage Door Opener, Assigned, Community Structure, Permit Required, Electric Vehicle Charging Station(s)

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: PORTLAND PLACE CONDOMINIUMS PHASE 1 MCR 076436
  • Cross Streets: N Central Ave & W Roosevelt St

Community

  • Association: Yes
  • Assoc. Name: Portland Place Condo
  • Assoc. Fees Include: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Heat Pump, Central Air, Ceiling Fan(s), Programmable Thermostat
  • Heating Type: Heat Pump, Electric

Utilities

  • Water: City Water

Structural Information

  • Architectural Style: Contemporary, High Rise
  • Builder: Weitz Construction
  • Exterior Const.: Brick Veneer, ICFs (Insulated Concrete Forms)
  • Roof: Reflective Coating, Built-Up
  • Common Walls: End Unit
  • Windows: Screens, Low-Emissivity Windows, Dual Pane, Mechanical Sun Shds
  • Sq. Ft. Source: Appraiser
  • Year Built: 2007

Lot Features

  • Property View: City, Lake, Panoramic, Trees/Woods, City Lights, Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,567
  • Lot Size Source: Assessor
  • Frontage: Paved
  • Lot Features: None

Water Features

  • Water View: Yes

Green Features

  • Water Conservation: Recirculation Pump

Financial Considerations

  • Association Fee: $2,093
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $9,369
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: LOT 557 PORTLAND PLACE CONDOMINIUMS PHASE 1 MCR 076436
  • Property ID: 111-34-149
  • Range: 3E
  • Section: 5
  • Lot Number: 557

Listed by HomeSmart

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— 208 W Portland St #557 —

  • HomeSmart

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 208 W Portland St #557

School Districts:Phoenix Elementary District, Phoenix Union High School District
NameGradesDistance
Kenilworth Elementary School
1210 North 5th Avenue, Phoenix, AZ 85003
PK-80.3 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-122.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 208 W Portland St #557 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Price Reduced
$1,598,000
-3.15%
MLS
6/05/2026
Listed
$1,650,000
10%
MLS
1/19/2024
Sold
$1,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 208 W Portland St #557

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,368
—
$70,175
-34%
2025
$9,368
1%
$106,210
4%
2023
$9,293
4%
$102,470
11%
2022
$8,963
—
$92,170
18%
2022
$8,963
1%
$78,160
9%
2021
$8,896
-1%
$71,760
-1%
2020
$8,999
—
$72,670
5%
2019
$8,984
2%
$69,180
-8%
2018
$8,830
2%
$75,400
14%
2017
$8,625
3%
$65,860
-2%
2016
$8,378
8%
$67,070
2%
2015
$7,752
5%
$65,560
34%
2014
$7,395
11%
$48,820
31%
2013
$6,641
—
$37,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 208 W Portland St #557

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208 W Portland Street #557, Phoenix, AZ 85003 (MLS# 7038239) is a Condo property with 2 bedrooms and 2 full bathrooms. 208 W Portland Street #557 is currently listed for $1,598,000 and was received on June 05, 2026. Want to learn more about 208 W Portland Street #557? Do you have questions about finding other Condo real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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