701/500 Walnut Street

Off Market

701/500 Walnut Street

Philadelphia PA 19106

2700 sq. ft.

Condo

Last sold for $2,950,000

Kristen Foote, last sold this property on 28 May 2026 after 121 days on market.

Overview

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.

Features

3 bedrooms

4 bathrooms

1 carspace

1 garage space

2700 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Philadelphia over the last 12 months, the estimated median property value of 701/500 Walnut Street is $1.2m.

Median value

$1.2m

Estimated value range

$528k - $5.53m

Median days on market

Estimated value trend

63%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 701/500 Walnut Street

2026

Sold

$2,950,000

28 May 2026 by Kristen Foote, of Compass Pennsylvania, LLC

Happy sellers in Philadelphia

We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 3 bedroom condos in Philadelphia

In the last 12 months, 20 three-bedroom condos similar to 701/500 Walnut Street, have been sold.

This represents a 34% increase in three-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Philadelphia for a market analysis.

Reid Rosenthal

at BHHS FOX & ROACH REALTORS

(50 reviews)

Get a market analysis

Jody Allen

at Coldwell Banker Realty

(21 reviews)

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Jennifer Grosskopf

at Keller Williams Philadelphia

(3 reviews)

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Claudia McGill

at Compass Pennsylvania, LLC

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Philadelphia

Reid Rosenthal

Sellers who recommend Reid Rosenthal have praised them for being local expert, responsive, well-prepared, strategic, supportive, clear communication, and great negotiation