Saturday, July 3, 2010

123 N Kings Rd - Back on Market and Better Than Ever!

Ahhhhh. The time has finally come for the Pugh + Scarpa designed 12 unit gorgeous, now bank-owned condos located at 123 N. Kings Rd. This project is one of the latest recent developments to have problems with their lender. Hence, the bank now owns the property and is releasing units in phases. After previewing unit 5 today, I am SOLD!

This has to be one of the ‘successful’ projects architecture firm, Pugh + Scarpa, got right. The exterior design incorporates wood to ground the design and to break the sterile feeling of other projects of theirs, such as the ‘Cherokee Lofts’, which make one feel a bit prisoner-like.

With 123 N Kings Road, you are entering not only a visually stunning property, but the interiors are top shelf. From the refreshing floor plans to the roof-top decks, you are going to lose yourself with the finest of detailing and finishes. Gourmet kitchens with Jen Air stainless appliances. Luxurious bathrooms with granite counter tops and tile showers.

Many units have roof top decks and all have balconies. Check out the pic below! We are talking generous roof top areas for entertaining. Two parking spaces included. HOAs around $315.

When these properties first hit market back in 2009, they were listed in the 1 million dollar range. Now, the re-launch ‘Phase 1’ is hitting the market. Residences 6, 7, 10, 11 are being introduced to the market once again. This time they are working with much more reasonable list prices.

#6 - 1 Bedroom plus Mezzanine Flex space, 1 ¾ bath – 1,509sf - $599,900
#7 - 1 Bedroom plus Mezzanine Flex space, 1 ¾ bath – 1,589sf - $609,900
#10 - 1 Bedroom plus Mezzanine Flex space, 1 ¾ bath – 1,371sf - $584,900
#11 - 1 Bedroom plus Mezzanine Flex space, 1 ¾ bath – 1,371sf - $579,900

Here are a couple of pictures from Residence #5.

If you are interested in seeing the property, please click here to send me a quick email.

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