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$3,150,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,700 Sq. Ft.
  • 1 Car Garage
  • Updated 4 days ago
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Residence 701 is the only three-bedroom, three-and-a-half-bath, fully turnkey residence currently available at 500 Walnut, the celebrated condominium conversion designed by Cecil Baker. Set along Washington Square, this home balances modern precision with Philadelphia's architectural legacy-within one of the city's most exclusive residential addresses. A gracious entry gallery introduces soaring 10-foot ceilings and an expansive living and dining room framed by floor-to-ceiling glass. South-facing exposures bring in consistent natural light, while a custom feature wall anchors the space with a gas fireplace, integrated television hook up, and gallery-style art lighting. The Joanne Hudson-designed kitchen is refined and functional, finished with polished white Carrara marble, under-cabinet lighting, and top-tier appliances. A dedicated beverage station with wine storage flows into a thoughtfully designed pantry with glass pocket doors-elegant, discreet, and practical. The primary suite is a private retreat, opening to a south-facing balcony and offering a generous walk-in closet. Built-in displays incorporate a wine refrigerator and coffee station, elevating everyday routines. The spa-level bath features a double marble vanity, oversized shower with waterfall fixture, and radiant heated floors. A second bedroom includes an en-suite bath and substantial closet space. The third bedroom-currently configured as a den or home office-enjoys views of Independence National Historical Park, adding a rare sense of openness and context. Additional details include a full laundry room, Lutron motorized shades throughout, LED lighting, porcelain flooring with custom carpeting in the bedrooms. One automated, state-of-the-art parking space is included. Residents of 500 Walnut enjoy a full suite of amenities: 24-hour doorman, indoor pool, comprehensive fitness center with sauna, steam, and massage rooms, a 4,000-square-foot residents' lounge with outdoor fireplace, golf simulator, billiards room, private boardroom, pet spa, guest hotel suite, and the added convenience of a private driver service. A rare opportunity to own a fully realized residence in the heart of Washington Square-where architecture, service, and privacy converge.

Full Property Details for 500 Walnut St #701

General

  • Price: $3,150,000
  • HOA FEE: $3,300/month
  • Taxes: $3,313 (2025)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2578368
  • Updated: 2/2/2026
  • Added to Site: 11 day(s) ago

Interior

  • Interior Features: Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Butlers Pantry, Built-Ins, Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Sound System, Walk-in Closet(s), Window Treatments

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Baths: 4
  • Main - Full Baths: 3
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Additional Information

  • Shared Amenities: Exercise Room, Fitness Center, Pool - Indoor, Security
  • Shared Pool: Yes
  • Pool: Yes

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Type: Attached Garage
  • Garage Description: Covered Parking, Garage - Front Entry, Garage Door Opener, Basement Garage, Inside Access

Location

  • Area: 19106 (19106)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: WASHINGTON SQ
  • Driving Directions: At the corner of 5th and Walnut

School Information

  • School District: Philadelphia City

Community

  • Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Sewer, Water, Trash
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Water Heater: Other

Utilities

  • Sewer: Public Septic
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Hi-Rise 9+ Floors
  • Construction: Masonry
  • Entry Floor Number: 7
  • Stories Description: Main
  • Square Feet: 2,700
  • Sq. Ft. Source: Assessor
  • Living Area: 2,700 Sq. Ft.
  • Finished Above Grnd: 2,700 Sq. Ft.
  • Year Built: 2017
  • Year Built Source: Assessor
  • Property Condition: Excellent

Lot Features

  • Zoning: CMX4

Financial Considerations

  • Price Per Sq. Ft.: $1,166.67
  • Condo Fee: $3,300
  • Condo Fee Freq: Monthly
  • Assessment Year: 2025
  • School Tax: $1,855
  • City/TownTax: $1,457
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $236,700
  • Tax Amount: $3,313
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2700

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Exclusions: Dining room light fixture, sonos system, light fixtures mounted to walls next to the beds in the master bedroom and guest bedroom (4 total)
  • Lot Number: 762

Listed by Compass Pennsylvania, LLC, Kristen E Foote

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Listing agent

— 500 Walnut St #701 —

  • Kristen E Foote

    Compass Pennsylvania, LLC

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Be ready to buy your new home!

with our affiliated lender
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 500 Walnut St #701

School District:Philadelphia City School District
NameGradesDistance
McCall Gen George A School
325 South 7th Street, Philadelphia, PA 19106
K-80.2 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 Walnut St #701 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$3,150,000
-13.7%
MLS
11/05/2018
Sold
$3,650,000
—
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 500 Walnut St #701

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,313
—
$2,958,300
—
2024
$3,313
4%
$2,958,300
100%
2023
$3,186
4%
100%
2021
$3,063
-4%
-100%
2022
$3,186
4%
$227,600
-92%
2020
$3,063
4%
$2,735,200
4%
2019
$2,945
—
$2,630,000
—
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 500 Walnut St #701

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Listed by Compass Pennsylvania, LLC, Kristen E Foote

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500 Walnut Street #701, Philadelphia, PA 19106 (MLS# PAPH2578368) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 500 Walnut Street #701 is currently listed for $3,150,000 and was received on January 26, 2026. Want to learn more about 500 Walnut Street #701? Do you have questions about finding other Condo real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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