While residential luxury is typically thought of as single family living, Minneapolis does have a few listings above $1 Million that fall into the condominium category. In fact, according to the Regional Multiple Listing Service, there are 30 units available throughout the downtown and surrounding neighborhoods.
Over half are priced between $1 Million – 1.5 Million. But the most expensive are found in the “to be completed” Phoenix on the River. Topping out at $3.49 Million, the two story penthouse will have almost 6000 square feet, private elevator, three terraces, floor to ceiling glass windows, and wonderful views of the Mississippi River and downtown Minneapolis. The development slogan describes it all “Elegance Rising : Luxury has a New Neighborhood”. Other features are available on their website and you simply must take their video walkthough to see how they have rendered the look and feel of these new condos.
The development is still underway and you can keep up to date on the progress by viewing the webcam. Can’t afford the $3 Million? Not to worry, they have units available for $1.5 Million instead.