In January, we updated you on the progress of four homes on the 600 block of Poplar Street, on the edge of Northern Liberties. At the time, we speculated on the upper boundary for the pricing of these homes, guessing that people wouldn’t pay much above $400K, given the location. Well, the homes are finished and none have sold just yet from what we can divine, but it seems that we were incredibly low on our pricing estimate. All four homes are currently listed at $665-675K. Wow.
The developers must be feeling bullish about these houses, because it seems that four more homes are on the way. Note that the four lots next door to the easternmost home look like they’re moving toward becoming a new construction site.
The listings for the completed homes tab this development “Poplar View Townhomes.” The extra-wide homes are 3,700 sqft (!) monsters, with 4 bedrooms and 3.5 bathrooms in each. Along with roof decks, these homes have subterranean garages, with access from the rear of the homes. Sounds like the best basement use we’ve ever heard of. We’re guessing that the second round of homes, will, like the first set, include elevators.
Yes folks, it’s super-luxury living, just outside the Northern Liberties border. We wish these brave developers a whole lot of luck; they are taking a real gamble here, and we sure hope it pays off.