The Meriwether Condos - Two Towers on the South Waterfront
October 26, 2015 10:09
The Meriwether Condos - Two Towers on the South Waterfront
The Meriwether Condos were one of the first buildings to be developed in Portland’s South Waterfront neighborhood. They were completed in 2006 and were practically sold out before completion and are still today very desirable residences. The Meriwether Condos in Portland boast 245 units including 17 ground floor townhouses, 55 premiere and penthouse units, 46 condos in the East tower and 126 condos in the West tower. The buildings are impressive with high quality finishes, amazing views and more.
The Meriwether Condos sit right on the Willamette River and include twin East and West towers that stand proudly at 21 and 25 stories tall. The condos themselves have high end finishes with solid wood entry doors, gourmet kitchens, open floor plans with defined bedrooms and floor to ceiling windows. The Meriwether condos have a full time concierge, community room, controlled access, secured underground parking and private gardens.
Currently there are 3 condos for sale in the Meriwether ranging from $379,900 up to $959,900. For $379,900 you can purchase a 1 bedroom 1 bathroom 889 square foot unit with nice views and finishes. The higher prices condos are 2 bedroom 2.5 bathrooms and are in the mid 900’s. The 3 condos have been on the market for on average 48 days for $451/ square foot. In the last 90 days 6 condos have sold in the Meriwether from $369,900 up to $1,410,000. The average days on market were 35 and the average price per square foot was $463 for the sold condos.
Condos in the Meriwether are selling fairly quickly for a high price per square foot. Living in the Meriwether allows residents to live in a thriving neighborhood with lots of local businesses. Walking to a coffee shop, sushi restaurant or bar is not unusual here. I visited the South Waterfront on a Sunday morning recently and saw lots of families walking with strollers, people walking their dogs and using the new dog park and folks riding bikes too. It seems that there is a nice mix of people who live in this neighborhood and a strong sense of community. There is lots to offer at the Meriwether including everything you want within walking distance of your condo without the hustle and bustle of other neighborhoods like the Pearl or Southwest Portland.
Written by Amanda Folkestad and Brian Porter