Tom Clancy's former penthouse drops in price again, now for $7.9 million

The Inner Harbor penthouse that belonged to Tom Clancy is still on the market, now for a mere $7.9 million.

Late author Tom Clancy’s former penthouse at the Ritz-Carlton Residences in Baltimore has dropped in price again. This time, it's on the market for roughly $4.1 million below its original asking price.

The 12,000-square-foot condo is now up for sale for $7.9 million, according to Metropolitan Regional Information Systems.

“It truly is a steal, considering that this is the most extravagant condominium in all of Baltimore City," said Angel Stevens of Cummings and Co. Realtors, the current listing agent for the penthouse.

"It is so over-the-top. The views are just panoramic. It's a fantastic property, and we're really excited to take over the marketing of the property,” she said, adding that the company will target local and international markets.

The home was first put on the market in October 2015 for $12 million by TTR Sotheby's International Realty. The price dropped in February 2016 to $10.9 million and again in May, to $8.7 million, Shawn Breck, vice president of Sotheby's, told The Baltimore Sun last year.

"We've had several showings, and the general feedback was that it was overpriced," Breck said in May, adding that since the real estate market tends to slow down in the summer, he thought the timing was right for a decrease.

 

Clancy and his wife first purchased the four units and combined them into one for $12.6 million in 2009. The penthouse — which has five bedrooms, two offices, three private elevators, a gym and an in-home theater — is decorated in a palette of whites, silvers and a range of neutrals, giving it a luxurious yet modern feel.

The Baltimore-born author died in 2013 at age 66. He was best known for writing military and spy fiction novels, including "The Hunt for Red October," "Patriot Games" and "The Sum of All Fears," which were all adapted into feature films.

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