Real Estate

$6.5 Million Penthouse Is A Gem In Portland’s Pearl District

In Portland’s Pearl District, there’s no greater jewel than the corner penthouse residence at The … [+] Casey high-rise.

LUXE

Forbes Global Properties

Portland’s Pearl District has much to offer. Set in the heart of Oregon’s largest city, its warehouses and rail yards have given way over the years to restaurants, breweries and boutiques. The lively urban neighborhood is home to several art galleries and a theater. Housing is made up of a mix of lofts, apartments and condos, including luxury dwellings.

Priced at $6.5 million, the 4,500-square-foot residence features a chef’s kitchen and endless views … [+] of the surrounding area.

LUXE

Among current offerings is a corner penthouse on top of The Casey, a 16-floor condominium tower designed to be 50% more energy-efficient than comparable buildings. Developed in 2007 and 2008 by Gerding Edlen and designed by GBD Architects, the Leadership in Energy and Environmental Design (LEED)-certified Platinum structure has solar roof panels that supply electricity to the common areas, among other fuel-efficient features.

Glossy white and wood cabinetry, tile backsplashes and marble countertops are among details in the … [+] kitchen.

LUXE

But energy is not the only savings to come with the penthouse. Designer-decorated in high-quality finishes, the turnkey unit will enable a buyer to conserve time and move right in.

The penthouse was originally built as the personal residence of one of the building’s developers.

LUXE

The penthouse, one of two on the top floor, was originally built as the personal residence of one of the building’s developers. Full walls of windows bring natural light into the 4,500 square feet of interiors as well as views of the cityscape, Mount St. Helens and Mount Hood.

Full walls of windows bring natural light into the various living spaces.

LUXE

The open-concept living room has a granite-faced fireplace and adjoins the chandelier-topped dining room. A French door on one side of the fireplace leads to a home office with built-ins and storage. A door on the other side accesses the powder room, a hall and the primary suite, which has a private entrance from the elevator lobby. There are a total of four bedrooms and four full bathrooms.

Views of the cityscape, Mount St. Helens and Mount Hood abound.

LUXE

A combination of glossy white and wood cabinetry, tile backsplashes and marble countertops adorn the center island kitchen equipped with a six-burner plus range, dual ovens, warming drawer, microwave, two dishwashers, glass-door refrigerator and two glass-door wine refrigerators. A coffee station is in the walk-in pantry.

A rooftop patio and several balconies create additional living space outdoors.

LUXE

Outdoor space off the kitchen allows for easy entertaining. The deck has dining and lounging areas and is equipped with water and natural gas hookups.

The platinium LEED-certified building contains only 60 units and has a low rental rate (10%) … [+] compared to the area average (35%).

LUXE

A family room that could be converted into a secondary office and a laundry room complete the floorplan.

Nearby structures include The Ritz-Carlton, Portland.

LUXE

Brad Golik of LUXE is the listing agent for 311 NW 12th Avenue #1601 in Portland. The asking price is US $6.5 million.

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