500 Walnut Street #701, Philadelphia, PA 19106 - Photo 1

1/1

$2,950,000

Sold
Closed
Condo
3 Beds
3 Full Baths
1 Partial Bath
2,700 Sq. Ft.
1 Car Garage

1/1

Property Description

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

Full Property Details for 500 Walnut St #701

General

Sold For: $2,950,000
HOA FEE: $3,484/month
Taxes: $3,313 (2025)
Status: Closed
Type: Condo
Source: BrightMLSPhilly
MLS ID: PAPH2578368
Added to Site: 170 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

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.: $1,092.59
Condo Fee: $3,484
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
Terms: Standard Sale
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
Sold by KW Empower, Madison Simone

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Listing agent

— 500 Walnut St #701 —

Kristen E Foote

Compass Pennsylvania, LLC

Listing Office Email: kenenochs@compass.com

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Schools

Schools serving 500 Walnut St #701

School District:Philadelphia City School District

Name	Grades	Distance
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106	K-8	0.2 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	1.3 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 500 Walnut St #701

Date

Details

Price

Change

Source

5/28/2026

Sold

$2,950,000

—

MLS

4/30/2026

Price Reduced

$2,950,000

-6.35%

MLS

1/26/2026

Listed

$3,150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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500 Walnut Street #701, Philadelphia, PA 19106 (MLS# PAPH2578368) is a Condo property that was sold at $2,950,000 on May 28, 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.

500 Walnut St #701 Philadelphia, PA 19106