Turnberry Tower |Market Pulse | August 2018

Perched near the Potomac River in Arlington’s Rosslyn neighborhood is a 26-floor luxury condominium known as Turnberry Tower. The stylishly curved glass and steel structure offers high-end modern residences along with a host of full service amenities. It’s also close to Key Bridge and the Rosslyn Metro.

This is one of the most sought-after buildings in Washington Metro. Case-in-point, only one of the 247 residences came on the market in August and just two were active as of this writing. Unit #1404 is a 1-bedroom, 2-bath apartment with new hardwood floors, an open kitchen, 1,645 square feet of living space, a private balcony and direct entry to a private elevator. The property was withdrawn earlier in the year and relisted on August 14, 2018 at the same price, $1,125,000. The other active is Unit #1204, also 1-bed, 2-baths and 1,645 square feet.

There is one residence currently pending sale, #1612, with an asking price of $1,350,000. The 2-bed, 2-bath condo with river views offers 1,742 square feet of interior space and was on the market for just 25 days before going under contract.

The most recent closing was Unit #1010, a 2-bed, 2.5-bath apartment that listed for $1,450,000 on August 15 and sold the very same day for $1,430,000—0 days on the market and for 98.6% of the asking price! The residence measures out at 1,814 square foot, translating to $788 per square foot.

Residents at the high-end building enjoy a heated indoor swimming pool, a screening room with catering kitchen, 24/7 front desk and concierge and a spa. Also, the highly popular Rosslyn-Ballston Corridor with its many top restaurants is conveniently close-by.

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