Merry Randolph: Upscale finishes highlight downtown tower condo

Address: 210 NE 10th Street, Unit 103
The Randolph
Year Built:
1789 finished sq. ft.
Curb Appeal:
5 out of 10
Listing Agent:
Lindsay Milby, Sloan Milby Real Estate Partners - 434-962-9148

Situated at the end of the hallway on the first floor of The Randolph, the door to Unit 103 opens into a small entryway that previews a few of the finishes found throughout the rest of the home: high ceilings, hardwood floors and crown molding. The entryway goes into a large room divided by furniture groupings into living and dining rooms, although the dining room sports a large, semi-circular bar with seating for four rather than a table.

A gas fireplace, built-in bookshelves, and recessed lighting lend character and elegance to the living area, and double sliding doors allow lots of natural light. The balcony beyond is spacious enough for several chairs, a large grill, and a freestanding patio heater. And a nearly-life-sized bronze gorilla crouching along the railing adds a touch of whimsy that helps offset the lackluster view of the adjacent parking lot. 

This is not your grandfather's downtown condo.

Adjacent to the dining area, the kitchen has plenty of counter and cabinet space, a desk area, and a center island with a bi-level counter large enough to accommodate a couple of stools. There’s an array of stainless steel appliances including a gas range with a vented hood standing ready to handle culinary endeavors.

A short hallway off the living room leads to the master suite. The bedroom is spacious and bright with a coffered ceiling, lots of windows, a ceiling fan and a large walk-in closet. The attached bath features a double vanity with granite countertops and a separate tub and an oversized tile shower. An adjoining sitting room could also be used as a den, a home office, or even a nursery.

A longer hallway at the other end of the condo leads to a laundry closet with a stack washer/dryer unit and a second bedroom with a hall bathroom. 

This home is perfectly laid out for owners who enjoy hosting out-of-town visitors while maintaining their own privacy, or for families with a couple of kids who value a little distance from their parents. 

Unlike the other homes on this level, this is an end unit, which means that there are windows on three sides. The abundance of natural light combined with the high ceilings and ample room proportions creates an impression of spaciousness lacking in many other condos. And there’s no doubt that the granite counters, Brazilian cherry floors, stainless appliances, and recessed lights help set it apart, as well.

So does the price.

There’s one other active listing at The Randolph, a two-bedroom unit listed at $400,000. Admittedly, the other condo isn’t an end unit and is somewhat smaller than this one, but $225,000 seems like a heavy premium for an additional 500 square feet of living space and some extra windows.

That said, steep prices and long listing periods are not out of the norm at The Randolph. There have been just six sales here since the beginning of 2010, two of which were re-sales and all of which sold in excess of $325/square foot, significantly above the area average. (Though most took well over a year–or two, or even three– to sell.)

Built to last from concrete, brick, and steel The Randolph stands just two blocks from the Downtown Mall, and we all know that location comes at a price. In the case of Unit 103, it’s $625,000… plus a monthly maintenance fee of $274.

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Read more on: real estatethe randolph


" (Though most took well over a year–or two, or even three– to sell.) "

Are we seeing a high-priced condo bubble ? There are several in this price range west of town, and more built downtown since the Randolph. Does anyone know the occupancy rate of condos in the $500,000+ range ?

What type of person lives in these kinds of condos downtown?
Seems like this condo would be good for a young, single person making some big bucks in the financial industry. But Charlottesville doesn't have that kind of industry, does it? Doctors without kids move into these condos? Maybe the small pool of potential buyers is part of the reason they stay on the market so long.

1789 finished sq. ft is not small.