508-16 Saint Philip Street
New Orleans, LA, 70116 $ 3,200,000
Baths0.0 Sq 6,247 Monthly Estimate*
$ 22,353
Studio
for $3,200,000. This 6,247 square foot building was built in 1830.
This remarkable, one of a kind property was built in 1832 in the heart of the French Quarter by renowned architect, François Correjolles. In 1987, this house won the top Vieux Carré Honor award after a meticulous six-year restoration which rebuilt this Creole masterpiece. This sale includes both 508-10 St. Philip, the commercial building which offers a 1st floor office/commercial space and 2nd floor 1BR/1BATH apartment, as well as 512-16 St. Philip, the main, single-family dwelling. The allure of this one-of-a-kind property lies in its seamless integration of historical charm and recently modern updates, all in move-in ready condition. Step inside to discover soaring ceilings adorned with ornate chandeliers, exquisite original crown moldings, fireplaces & so much more. Youâll find lovely French doors throughout opening to the main gallery overlooking St. Phillip, as well as the many interior balconies overlooking the private & lush courtyard. Spanning an impressive 6,247 living square feet, this residence boasts 6+ bedrooms and 5.5 baths, providing an incredibly unique and efficient floor plan with ample space to make this dream home your very own. Creating a fresh, contemporary atmosphere while still showcasing much of the homeâs classic & original features throughout, makes for a very special property. Notable features include a brand-new Virginia slate roof, double-paned windows for enhanced energy efficiency & sound proofing, a generator servicing the main residence, a large exercise room fully equipped with exercise equipment and standing tanning bed, an updated security system across both buildings, 12'-14' ceilings throughout & street curb cut out into carriage way entry allows for easy utilization as a driveway/parking for 1 small vehicle and the curb cut allows for street parking at no cost. The ground floor commercial building at 508-10 St. Philip is zoned VCC-1 and comprised of ~1,086 sq. ft. which includes a ground floor commercial space and a second floor apartment, while the main single-family home at 512-16 St. Philip is zoned VCR-2 (Vieux Carré Residential District) and comprised of ~5,161 sq. ft. Enveloped in historical significance while offering modern comforts, 508-16 St. Philip is a rare gem that promises a unique, luxury living experience saturated in the timeless charm & history of the New Orleans French Quarter. Don't miss the chance to make this magnificent property your own!
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FeaturesGeneralSewer Public Sewer
Zoning VCC-1
Security Features Fire Sprinkler System
Construction Materials Brick Concrete
Year Built 1830
Stories 3
Levels Three Or More
County Orleans
Property Type Commercial Sale
Total Rooms 0
Status Active
City New Orleans
Buyer Agent Compensation 2
Street Name SAINT PHILIP
Year Built Details Built by architect François Correjolles in 1830-31.
Days on Market 43
Structure Type Mixed Use
Standard Status Active
Tax Lot 24/X
Buyer Agent Compensation Type %
Legal Description 508: 1. SQ 21 LOT X ST PHILIP 2. 24X42XVAR 516: 1. SQ 21 LOT 24 ST PHILIP 2. 48X63
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ExteriorParking Features Covered Driveway Off Street One Space
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Building Area Total 8157
Lot Dimensions 72X105
Lot Size Acres 0
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InteriorFull Baths 0
Half Baths 0
Street Suffix Street
Total Bedrooms 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $22,353
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in New Orleans, LA
Average List Price $1,114,339
Percent of Sale Price 65%
About New Orleans, LA 392,550 Population
-19% Since 2002
$ 41,421 Median Income
36.4 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/26/2024 | $3,200,000 | | Listed Price |