Vancouver Penthouse with Sky Pool Sells for $15 Million

A luxurious penthouse in Vancouver featuring a distinctive sky pool has sold for $15 million, significantly below its original asking price. The property, known as PH1 at 1568 Alberni St., had been on the market for over a year, with its initial listing price of $21,900,000 slashed to $16,900,000 before the final sale. The deal, confirmed earlier this week, slightly exceeds its most recent assessed value of $14,997,000, as noted by Zealty.

Luxury Features and Architectural Design

This penthouse, often referred to as a “skyhome,” showcases breathtaking views of Vancouver and is designed by acclaimed Japanese architect Kengo Kuma. According to Sotheby’s International Realty Canada, the penthouse is touted as having “arguably” the best views in the city. The property spans 4,346 square feet and includes three bedrooms and five bathrooms, one of which boasts an impressive view directly from the bathtub.

The sky pool itself, a standout feature, offers a unique perspective into the penthouse, providing a striking visual for those enjoying its waters. The living and dining areas soar with 20-foot ceilings, enhanced by the sparkling reflections from the private glass-bottom swimming pool and spa above.

Exceptional Amenities and Design Elements

Occupying three floors, the penthouse includes three outdoor terraces and a private glass elevator to conveniently access each level. The interior is adorned with luxury finishes such as quartzite countertops, suede wallpaper, and bespoke lighting designed by artist Enzo Catellani and Bocci. The primary bedroom features a luxurious soaker tub, while the entire residence includes four wine lockers and access to a round-the-clock concierge service alongside world-class amenities.

The lengthy duration of 431 days on the market reflects the evolving dynamics of the luxury real estate market in Vancouver. As buyers seek unique and high-end properties, this sale sheds light on current trends and pricing challenges in the area.

Given the extraordinary features and prime location, the sale price of $15 million raises questions about the value of such luxury real estate in today’s market.