The Vanderbilt Residences in San Juan, Puerto Rico, redefine coastal luxury with a seamless fusion of modern architecture and timeless elegance. Rising 22 stories above the Atlantic Ocean, this premier oceanfront condominium is located in Condado, one of the island’s most vibrant and prestigious districts. Designed for those who value both refinement and lifestyle, it offers a rare blend of comfort, sophistication, and urban energy.
This feature examines what sets The Vanderbilt Residences apart in Puerto Rico’s luxury real estate market. We’ll explore its community setting, development team, projected completion, signature amenities, and role in the island’s broader tourism and investment growth.
Community and Location
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Situated at the intersection of Ashford Avenue and Earle Street, the Vanderbilt Residences are located in the heart of Condado, one of Puerto Rico's most prestigious neighborhoods. Condado is renowned for its upscale ambiance, blending historic charm and contemporary sophistication. Residents enjoy proximity to pristine beaches, high-end boutiques, gourmet restaurants, and cultural landmarks, making it an epicenter of urban refinement and coastal beauty.
Top nearby amenities and attractions include:
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La Concha Resort – A landmark lifestyle hotel known for its oceanfront infinity pool, vibrant nightlife, and award-winning dining.
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Playa Condado (Condado Beach) – Just steps away, this beach is popular for sunbathing, paddleboarding, and scenic strolls along the coastline.
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Ventana al Mar – A beautifully landscaped oceanfront park perfect for morning jogs, weekend festivals, and open-air relaxation.
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1919 Restaurant – Located inside the historic Condado Vanderbilt Hotel, this Michelin-starred restaurant features farm-to-table cuisine and ocean views.
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Museo de Arte de Puerto Rico – A 5-minute drive away, this museum showcases an impressive Puerto Rican and Caribbean art collection, set within serene botanical gardens.
Developer and Architectural Vision
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The project is spearheaded by Paulson & Co., an investment firm founded by billionaire John Paulson. With a significant presence in Puerto Rico's real estate landscape, Paulson & Co. has invested approximately $184 million into the Vanderbilt Residences, aiming to set a new standard for luxury living on the island.
SB Architects crafted the architectural design, a globally recognized firm known for its innovative and sustainable designs. Their portfolio includes prestigious projects like the St. Regis Bahia Beach and the Ritz-Carlton Reserve at Dorado Beach in Puerto Rico.
Completion Timeline
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Construction of the Vanderbilt Residences is progressing steadily. The development is expected to reach its full height by the end of 2024. Following the resolution of previous litigation issues, the project is slated for completion in February 2027.
2014: Land Acquisition
In 2014, Paulson & Co. acquired two lots on Earle Street for $7.3 million and $2.7 million, laying the foundation for the Vanderbilt Residences project.
2022: Project Announcement and Pre-Sales
The Vanderbilt Residences were officially announced, with pre-construction sales commencing. The development garnered significant interest, with over half of the 66 units sold by mid-2023.
2024: Vertical Construction Begins
Starting in January 2024, the construction entered a critical phase, aiming to build two floors per month. By the end of 2024, the structure was projected to reach its full height of 250 feet.
2025: Structural Completion and Interior Work
As of March 2025, the building had reached the 19th floor, with expectations to top off within six weeks. Subsequent efforts focused on interior finishes, installation of amenities, and smart home integrations.
2026: Final Touches and Inspections
Throughout 2026, the development team will concentrate on finalizing interior designs, conducting inspections, and ensuring all systems are operational to meet luxury standards.
February 2027: Project Completion
The Vanderbilt Residences are slated for completion in February 2027, marking a new era of luxury living in Puerto Rico.
Amenities and Special Features
The Vanderbilt Residences offer an array of world-class amenities designed to provide residents with unparalleled comfort and convenience:
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Oceanfront Infinity Pool: A 75-foot pool overlooking the Atlantic Ocean, complete with a wet bar and private cabanas.
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Wellness Center: Features include a state-of-the-art fitness center, yoga studio, Peloton bikes, steam room, sauna, and massage rooms.
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Entertainment Spaces: A club room with an integrated kitchen, billiards room, library, and a private dining room with a chef’s kitchen.
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Pet-Friendly Facilities: An outdoor green pet park and a dedicated washing station.
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Business Amenities: A business center equipped with a separate conference room.
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Smart Home Integration: Residences are pre-wired for smart home automation, allowing seamless control over audio, video, lighting, and window treatments.
Each residence boasts Poliform Italian kitchens and closets, quartz countertops, and integrated appliances by WOLF and Sub-Zero. Bathrooms feature custom vanities, natural stone finishes, free-standing tubs, and double showers, with select units offering expansive glass walls for panoramic views.
Recent Developments and Market Trends
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In March 2025, John Paulson acquired full ownership of the Vanderbilt Residences, resolving previous legal disputes and ensuring the project's continuity. This acquisition underscores the project's significance in Puerto Rico's luxury real estate market. The development is poised to contribute significantly to the local economy. Projections indicate the creation of over 2,000 jobs and a total payroll of $127.7 million.
Paulson & Co. has partnered with the Four Seasons to introduce a new resort and residences in Bahia Beach, Rio Grande, further cementing their commitment to elevating Puerto Rico's luxury hospitality sector.
PR Luxury New Constructions and Properties for Sale
In addition to the Vanderbilt Residences, Christie's International Real Estate Puerto Rico showcases a curated portfolio of luxury properties for sale across the island’s most coveted locations. These newly developed residences blend upscale design with exceptional amenities, offering buyers a chance to invest in Puerto Rico’s growing high-end market. Browse below to explore exclusive new construction listings from the island’s top real estate experts.
The Ritz-Carlton Reserve La Cala Residences
The Ritz-Carlton Reserve La Cala Residences offers fourteen ultra-luxurious beachfront estates in Dorado Beach Resort. They combine contemporary design, high-end finishes, and expansive outdoor living in Puerto Rico’s most exclusive coastal enclave.
The Ritz-Carlton Reserve Livingston Estates
The Ritz-Carlton Reserve Livingston Estates is an exclusive seven-residence lakefront enclave within Dorado Beach Resort, offering private docks, tranquil views of Mata Redonda Lagoon, and unmatched access to luxury and nature.
The Ritz-Carlton Reserve West Point Residences
The Ritz-Carlton Reserve West Point Residences offers oceanfront condos on Dorado Beach’s coveted west side. They feature three—to five-bedroom layouts with panoramic sea views, contemporary design, and a tranquil coastal lifestyle.
Conclusion
The Vanderbilt Residences epitomize luxury living in Puerto Rico, offering residents an unparalleled blend of modern design, top-tier amenities, and a vibrant community. With its strategic location in Condado, esteemed developers, and a suite of exclusive features, the Vanderbilt Residences stand as a testament to Puerto Rico's evolving real estate landscape and its appeal to global investors and discerning homeowners alike.
At Christie's International Real Estate Puerto Rico, we specialize in connecting buyers and sellers with the island’s most luxurious properties, including visionary projects like The Vanderbilt Residences. Our team brings unmatched expertise, market insight, and personalized service to every transaction. If you're ready to buy, sell, or rent out your property, reach out to us today and let us help you confidently take the next step.
FAQs
Are The Vanderbilt Residences eligible for Act 60 tax incentives in Puerto Rico?
Yes, qualified buyers who meet the residency and business requirements may benefit from Act 60 tax incentives, including favorable treatment on capital gains and personal income, making these residences an attractive option for investors relocating to Puerto Rico.
What type of security and concierge services are offered at The Vanderbilt Residences?
The Vanderbilt Residences will offer 24/7 concierge service, controlled access, and on-site security staff, ensuring residents enjoy peace of mind along with high-end convenience.
Can units at The Vanderbilt Residences be used as short-term rentals or Airbnb properties?
While the property is designed for full-time residents and long-term luxury living, any short-term rental use would be subject to building regulations and local zoning laws; buyers should consult with the HOA and legal advisors before listing.
