This Baltimore condo is incredible – But it hasn’t sold in 3 years and here’s why
You may expect a full-floor Penthouse duplex in the heart of Harbor East to be an attractive proposition for potential buyers. Not only is the location great but so is the property which is based at Lancaster Street and was built in 2019. Despite this, the property in question has not sold since being listed in 2021. Overall, it has spent over 1,000 days on the market, and here is why.
As you may have figured, there is nothing wrong with this condo and it’s actually very luxurious. Instead, the issue is price. For the entire time it has been on Zillow, it has been priced at $3,950,000 without any discounts. As a result, it looks like it’s simply too expensive for what’s on offer. This is only added to with the monthly $3,467 HOA fee.
Set across two floors, this includes 4 bedrooms, 4 bathrooms, and 5,062 sqft of living space. As seen, some of the floors are fully furnished, while others are completely empty. This should give possible buyers a vision of what can be done with the place.
As well as the aforementioned features it also comes with a communal bar, rooftop infinity pool deck with cabanas, courtyard seating, grilling stations, communal and private dining rooms with catering kitchen, fitness center, yoga studio, and pet park with dog agility and training equipment, conference rooms, study lounge with computer stations and fireplace.