Press

Penthouse in Bankers Hill condo, The Park, nets $5.9M

Daily Transcript Staff Report

Sep 08, 2017

A penthouse within The Park, a 14-story condominium tower in Bankers Hill, recently sold for $5.9 million.

Developed by Encinitas-based Zephyr, the project’s southwest-facing penthouse represents the highest priced sale in Bankers Hill’s history, according to the company.

The two-level, 4,900-square-foot unit has three bedrooms — including dual master suites — three-and-a-half bathrooms, a den, a study and more than 650 square feet of outdoor living space.

The entire project contains 60 residences, including six townhomes along Sixth Avenue. Half of the townhomes have been sold, according to a press release.

With an average of 2,374 square feet of floor space and 468 square feet of outdoor living space per unit, The Park features open layouts with floor-to-ceiling glass walls. The upper levels offer views of San Diego Bay to the south and Balboa Park to the east.

“Where else can you find a building wrapped in marble, with direct elevator access to most units and immediate access to Balboa Park, the largest urban cultural park in the nation?” said The Park sales manager Claudia Barbour. “Interest from New York City buyers is strong because they like its homage to Central Park-esque living.”

Designed by Canadian-based architectural firm Dialog, the project was built by Balfour Beatty Construction. Gillespie Moody Patterson is the landscape designer.

The building contains two street-level retail spaces and several common amenity spaces, including a fitness center, rim-flow pool, private wine storage, clubroom and a terrace with fire pits. The building also includes two guest suites for visitors.

Interiors feature gourmet kitchens with Miele appliances and Boffi cabinetry, and marble-lined master bathrooms with high-ceilings and large soaking tubs.

“When we envisioned The Park, we knew it would be extraordinary, but seeing it come to life has exceeded all of our expectations,” said Zephyr CEO Brad Termini.

Pricing for the residences start around $1.2 million.

Close

Registration Successful

Thank you for your registration. A Zephyr team member will be in contact with you shortly to answer any questions you have have about our communities or company.