Rendering: Steelblue/Tishman Speyer
A duplex penthouse at Tishman Speyer’s Lumina is on the market for the unprecedented asking price of $49 million.
Located on the 41st and 42nd floors of one of Lumina’s two towers, the five-bedroom penthouse measures approximately 13,800 square feet, or 15,000 square feet including exterior space, the Wall Street Journal reported. If it sells for the asking price, the luxurious spread will be the most expensive condo in the city; the record is currently held by the St. Regis penthouse, which traded for $28 million in 2011, according to Business Insider.
The apartment will feature 20-foot-tall ceilings, a curved wall of glass overlooking the Bay Bridge, two kitchens, private access to a rooftop deck and eight — yes, eight — terraces. The lower level has five entertaining rooms, with about 150 linear feet of views of downtown San Francisco, while the upper floor is occupied by five en-suite bedrooms, gym/massage room and a family lounge. The penthouse will be completed by Summer 2016.
The vertical proportions of the grand rooms are inspired by Old World architecture, according to Bernando Fort-Brescia of Arquitectonica, who designed the residence. “It’s part of the psychology of comfort and elegance,” Fort-Brescia said in a statement.
Sales for the four-building complex (two high-rises, two low-rises) started in the fourth quarter of 2014. About 200 of the 656 units at Lumina are in contract. Of the buyers, 80 percent have been Bay Area locals, according to listing agent Gregg Lynn of Sotheby’s International Realty. The $49 million pad, which is roughly the size of eight standard units at Lumina, could draw a techie buyer.
“This property is located right in the epicenter of the tech world,” Lynn told Business Insider. “It’s very possible that a tech luminary would be interested in this penthouse. We’re expecting that.”