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About this home
Welcome to The Residences at The Ritz-Carlton, where contemporary design and legendary service converge high above downtown Portland. Offered at $1,775,000, (versus developer pricing of $3,070,000), this sophisticated southwest-facing three-bedroom, three-and-a-half-bath Residence is a serene retreat filled with natural light. Floor-to-ceiling windows showcase sweeping views stretching to the Willamette River and westward to the iconic St. Johns Bridge.Clean architectural lines, exceptional finishes, and a thoughtfully designed open floor plan create an atmosphere of effortless elegance. The gourmet kitchen features custom Pedini cabinetry, quartz countertops, and premium Wolf, Miele, and Sub-Zero appliancesideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. Two additional bedroom suites offer comfort and privacy for guests, while the den provides flexibility for a refined home office, media space, or library. A large, private terrace extends the living space outdoors, providing an inviting setting for morning coffee or evening relaxation above the city.Residents enjoy The Ritz-Carlton’s renowned service and amenities, including 24-hour concierge service, in-residence dining, a state-of-the-art fitness center and indoor infinity pool with remarkable views, and a private Owners’ Lounge. Ideally situated in downtown Portland’s West End, just steps from the Pearl District, The Residences are moments from acclaimed dining, galleries, parks, and streetcar access. This is a rare opportunity to own a home distinguished by world-class hospitality, elevated design, extraordinary views, and an exceptional urban lifestyle.
CondoProperty Type
2024Year Built
$703Price/Sq.Ft.
$3,731/moHOA Dues
1 car garageParking
Listed by Patrick Clark• Christie's International Real Estate Evergreen
Downtown Portland, located between the Pearl District and South Waterfront, is a commercial and cultural Portland neighborhood with riverfront parks and a streetcar spine. The character concentrates around SW 10th Ave and W Burnside St, where marquee theaters, indie boutiques, and late-night eateries cluster under glowing signs. Pioneer Courthouse Square sets the civic tempo, while Powell’s City of Books and the Arlene Schnitzer Concert Hall anchor the arts calendar. Glassy towers and early-20th-century brick blocks share the skyline, stitched together by MAX platforms and the Portland Streetcar. Waterfront Park frames the west bank with broad paths and seasonal festivals.
Provided by Walk Score and Local Logic
Offer insights
550 SW 10th Ave #2201 · $1,775,000
$1.76M and above
75% chance or better to win
Why $1.76M+ is a strong offer
DAYS ON MARKET
226 days
The average home goes pending in 117 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Engineered hardwood
Marble accents
Tile floors
Wall-to-wall carpet
Natural lighting
Accessible doors, entrance, hallways and full bath
Accessible elevator installed
Minimal steps / one level
Laundry in unit
Washer and dryer included
Soaking tub
Double pane windows
Bedrooms
Primary bedroom on main level with ensuite and walk-in closet
Second bedroom on main level with ensuite
Third bedroom on main level with ensuite
Bathrooms
Three full bathrooms and one partial (total 3.1); three full and one partial on main level
Kitchen
Gourmet kitchen
Island
Quartz countertops
Built-in oven
Built-in range
Built-in refrigerator
Double oven
Microwave
Range hood
Dishwasher
Disposal
Plumbed for ice maker
Stainless steel appliances
Wine cooler
Laundry & utility
Washer and dryer included in unit
Utility room with sink
Flooring
Engineered hardwood
Tile
Wall-to-wall carpet
Marble
Heating & cooling
Heat pump for heating
Heat pump for cooling
Exterior features
Covered patio
Common grounds maintained
Level terrain
Paved road access
City and territorial views
Deck (approximately 8'4" x 14'11", 124 sq ft)
Home design
Residential condominium
New construction (2024)
One-level floor plan
Unit located on upper floor (level 22 of 35)
Elevator access (common elevators)
Builder warranty
Parking
Deeded, secured parking
Attached 1-car garage
One parking space deeded
Security
Fire sprinkler system
Limited access
Security guard
Security lights
Concierge
Construction
Built-up roof
Concrete perimeter foundation
Quality construction (building described as 'A Quality')
Year built 2024
Utilities
Public water
Public sewer
Electricity and gas available
Cable internet
HOA & community
HOA with monthly fee (association amenities include landscaping, commons, concierge, exterior maintenance, gym, grounds maintenance, management, meeting room, pool, spa/hot tub, trash, sewer, water, weight room)
Association fee billed monthly
Rent cap in building (35%); no rentals less than 30 days — see association documents
One-time capital improvement contribution required
Other
Condominium complex of 132 units
Move-in/out fee not required
No deeded storage assigned or available
Pet policy allowed (see association)
Deeded garage parking
Electricity and solar
View estimated energy costs and solar savings for this home
The Central Commercial (CX) zone is intended to provide for commercial and mixed use development within Portlands most urban and intense areas, specifically the Central City and the Gateway Regional Center. A broad range of uses are allowed to reflect Portlands role as a commercial, cultural, residential, and governmental center. Development is intended to be very intense with high building coverage, large buildings, and buildings placed close together. Development is intended to be pedestrianoriented with a strong emphasis on a safe and attractive streetscape. The Design overlay zone is applied to this zone.