This is one of the most luxurious condos in New Orleans – But it hasn’t sold for over 1 year and here’s why
Located on the Port Of New Orleans, this penthouse condo is one of the most luxurious properties in the city. It is listed on Zillow and includes 2 bedrooms, 3 bathrooms, and 2,839 sqft of living space. Originally built in 2015, its contents are incredibly modern, and combined with its central location and wonderful views of the city, you can see why this would have a certain appeal. Regardless of this, it hasn’t sold after being on the market for well over 440 days.
Looking at things, it seems as though this has to do with the price. It is available for a whopping $3,799,000 which makes it one of the most expensive condos in the city. This comes after a discount from last year where it was originally listed for $4,300,000. To make matters even more expensive, its monthly HOA bill is a staggering $2,699 which only adds to the cost.
Despite this, it’s still an undeniably stylish property that is filled with modern, minimalist features and is available fully furnished at no extra cost. It also comes with a sizeable balcony, open-plan living room, scenic views, office, and laundry room.
The property also features valet parking spaces, a lobby with a concierge, and 24/7 security as well as gardens, a pool, a hot tub, and grill, plus an exercise room, and a lavish entertaining suite. Based on its history, this may need another price cut before selling which means it could remain on the market for some time.