The Ritz Carlton Residences in Baltimore settled one of the largest residential real estate transactions EVER in Baltimore on Wednesday.
The price tag of this magnificent condominium? $12.6 Million .
“The completion and closure of this exceptional home is a clear indication of our success in the Baltimore market and that the real estate industry is showing true signs of recovery,” said Scott Rechler, CEO and Chairman of RXR Realty. “This sale is not only a milestone for Baltimore, but the real estate industry nationally. The Ritz-Carlton Residences, Inner Harbor, Baltimore has achieved a level of success that residential projects across the country will notice.”
The condo was created by combining three penthouse units, creating an almost 12,000 square foot home. It has unique floors, imported marble, a private movie theatre, as well as custom designed cabinetry and other detail work. The buyer is reported by the Maryland Daily Record to be author Tom Clancy.
The Ritz-Carlton Residences in Downtown Baltimore are located along the Federal Hill neighborhood. This home makes for the 23rd of the 191 units built sold. The rest are still available. I have been in a few of these luxurious units and seen the amazing views as well as incredible detail work. The building amenities include a full spa, 24 hour fitness center, concierge, staffed front desk, an indoor swimming pool, exclusive movie theatre, and boat slip marina.
Prices at the Ritz-Carlton Residences begin around $600,000.
For more information on the Ritz-Carlton Residences and Downtown Baltimore, contact me!