Hot House: 1400 Lancaster Street, #1000, Baltimore MD 21231

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Penthouse condominium in 9-story, 48-unit, waterfront building, circa 2005. Two bedrooms, 2.5 baths, 1850 square feet. Harbor views, three balconies, floor-to-ceiling windows, hardwood floors, gas fireplace, kitchen with granite counters, master bath w/ soaking tub. Two-car garage parking 24 hour security desk: $605,000

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What: A recent Baltimore Sun article on Baltimore dermatologist Regina Andersonโ€™s recent downsize to a waterfront condo has got people thinking. Especially the part about her only regret: โ€œI wish weโ€™d done it sooner.โ€  Harbor East is a popular destination for empty nesters and reflects a continuing nationwide trend. Bustling street life has a natural appeal to people whoโ€™ve had enough of suburbiaโ€™s quiet hum, and new construction is a nice change from the constant call of home maintenance. So, while youโ€™re still working and can navigate the Promenade at a good clip, hereโ€™s an idea. This corner penthouse on Lancaster Street is a cool, serviceable Baltimore base. Itโ€™s not huge, so all the better if youโ€™ve got a six-month-a-year, tax-free house elsewhere. But sleek lines, high ceilings and walls of glass keep it feeling spacious and bright. An open kitchen makes cooking and entertaining more fun. And water views from every window will remind you that youโ€™re not in Kansas anymore.

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Where: Lancaster is the street in Harbor East thatโ€™s closest to the water, behind and parallel to Aliceanna Street. Charleston restaurant is on Lancaster, just a block from this building. In fact, everything is within an easy walk โ€” the Landmark Theatre, Pazo, Ouzo Bay, Whole Foods, the Four Seasons, Under Armour, Anthropologie  โ€”which is why many people prefer Harbor East to the more luxurious Ritz Carlton and other Key Highway condos.

Why: Prime location

Why Not: Building is light on amenities โ€” no fitness center, pool, concierge or doorman.

Would Suit: Empty nesters looking for turnkey residence in Baltimore.

NB: The new Exelon Tower is going up around the corner. You may find yourself living in the shadow of a large energy company.

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