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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 $1,175,000, (versus developer pricing of $2,130,000), this sophisticated southwest-facing two-bedroom, two-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 appliances—ideal for everyday living and elevated entertaining.The spacious primary suite offers a peaceful escape, complemented by a spa-inspired bath finished in timeless materials. A well-appointed second bedroom suite offers ideal flexibility for honored guests or a refined private office. A separate powder room and dedicated laundry room adds everyday convenience. A 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
$706Price/Sq.Ft.
$2,134/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 #2202 · $1,175,000
$1.16M and above
75% chance or better to win
Why $1.16M+ is a strong offer
DAYS ON MARKET
266 days
The average home goes pending in 72 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Accessible doors, accessible entrance, accessible hallway(s), accessible full bath, and accessible elevator
One-level layout with minimal steps and natural lighting
Double-pane windows
Soaking tub
Quartz and marble finishes
Bedrooms
2 bedrooms, both on the main level
Bathrooms
2 full bathrooms and 1 half bathroom
Both full bathrooms and the half bathroom are on the main level
Walk-in shower
Kitchen
Built-in oven, built-in range, built-in refrigerator, dishwasher, disposal, double oven, gas appliances, island, microwave, range hood, stainless steel appliances, wine cooler, and plumbing for an ice maker
Laundry & utility
In-unit washer and dryer
Utility room with sink
Flooring
Engineered hardwood, marble, tile, and wall-to-wall carpet
Heating & cooling
Heat pump heating and cooling
Exterior features
Covered patio
Territorial view
Level lot
Common areas
Home design
Condominium
One-level floor plan
Upper-floor unit
Located on the 22nd floor of a 35-story building
Built in 2024
New construction
Parking
One deeded, secured parking space in an attached garage
Security
Fire sprinkler system, limited access, security guard, and security lights
Construction
Built-up roof
Concrete perimeter foundation
Builder warranty
Utilities
Public water and public sewer
Electricity and gas
Cable internet
HOA & community
Monthly HOA fee of $2,134
Amenities include concierge, gym, weight room, pool, spa/hot tub, meeting room, commons, landscaping, exterior maintenance, grounds maintenance, management, water, sewer, and trash
Building has 132 units and five common elevators
Rent cap of 35%; rentals must be at least 30 days
Pet policies apply
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.