rue Vaneau 75007 Paris
2-bed, 2-bath; ground floor;
68.55m2 (738 sq ft);
€ 1,450,000
SOLD

Apartment facts

Total n° of Rooms4
Size68.55 m2 / 737.87 sq ft
FloorGround
N° of Bedrooms2
N° of Bathrooms2
Kitchenseparate
Heating/Hot Watergas individual
Floors (wood, tile)wood
N°of FireplacesYes
Balcony/TerraceYes
General ConditionExcellent

Building facts

Building style18th century
ConciergeYes
SecurityYes
General ConditionExcellent

Taxes and fees

Property tax (fonciere)
€ 1,200

It is rare to find palatial properties in a diminutive size, but this special 68.55 m2, two-bedroom, two-bath property offers the opportunity to live like royalty without the upkeep and expense of an entire palace.  This most unusual and charming ground floor residence, set within a former hotel particulier, opens onto a large private courtyard garden, which was formerly the orangery for the grand townhouse.  Offered at 1,450,000 €  4% agency fees included.

Upon entering the building huge glass doors leading out to the garden dominate the view.  The property itself is a contradiction in terms, being both a bijou residence and yet lavishly appointed in the style of a grand Parisian home. Exceptionally high ceilings and a multitude of magnificent high windows bring light and grandeur.  Mirrored and gold leafed surfaces add to the sense of luxury and space.

Le Petit Palais’ offers an entrance-dining hall, an elaborate drawing room, two bedrooms, each with its own ensuite bathroom, and a galley kitchen.

The drawing room French doors open onto discreet terraces within the spacious courtyard garden, adding to the expansive feel of living in the palatial setting of this remarkable residence.  The master bedroom and bath on the upper level are accessed by an open stair with a balcony overlooking the living and dining areas.  The guest bedroom is on the lower level with its own bath and laundry area.  Every part of the property has hidden storage built in so that it is easy to keep everything hidden away, in its own place.  Even the kitchen is in theme, benefitting from elegant touches of silver, gold and mirrors.

The building has a resident Gardienne, and is one of Paris’ classic mansions adjoining the Prime Minister’s residence, Hotel Matignon, and its 2 hectares of garden. A pre-eminent address in Paris with many boutiques and restaurants as well as Paris’s best shopping at Le Bon Marché’ and the Rodin museum all within a few minutes walk make this location one of the most desirable for chic living.

Location

Paris: 7th arrondissement

Quintessential Paris, the 7th is divided into distinct neighborhoods each with a different feeling. The areas near Champs de Mars and bordering the 6th tend to be more highly prized, while the area near the 15th can feel very residential and quiet. On a sunny day, the 7th is perfect for strolling through the gardens of the gorgeous Rodin museum, or sitting on the Champ de Mars in the shadow of the Eiffel Tower, enjoying a picnic. The charming rue Cler abounds with produce, meat, cheeses, breads, spices and more are on offer, flanked by plenty of sidewalk cafés. The 7th is also home to many government offices, ministries and the Assemblée Nationale, seat of the French parliament. Sought after for it’s central location, proximity to parks and it’s spacious feeling, real estate in the 7th is the second most expensive in Paris, right behind the 6th. The Carré des Antiquaires, north of the Boulevard Saint Germain toward the Seine, is one of the most coveted residential addresses in the city. 

Average price: 14,687 €/m2; -3.5% over 1 year, + 24.7% over 10 years

Stratospheric prices are becoming the norm in the 7th due to sustained interest by both foreign investors and residential buyers, and a general shortage of apartments on the market. Prices in the 7th are among the most expensive of anywhere in Paris, behind only the 6th.  The area around the Champs de Mars, Invalides and rue Cler are pricey, especially if they have a view.  The Carré des Antiquaires area bordering the 6th is where you’ll find some of the steepest prices.

Current Market Prices — 7th arrondissement

Neighborhood Price/m2 in euros
Low Medium High
Saint-Thomas-d'Aquin € 11,714 € 16,822 € 27,289
Invalides € 11,594 € 16,108 € 27,385
Ecole-Militaire € 10,364 € 13,860 € 20,185
Gros-Caillou € 10,445 € 13,906 € 21,365

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