On the seventh floor of Diana Court Meguro, this top floor penthouse sits elevated on a peaceful hillside just off Meguro Mita dori. Priced at $7.6 million, the residence offers 194.72 square meters of exclusive living space plus a generous 56.41 square meter balcony with Tokyo views. This is the largest unit in the 89 unit building, providing space and privacy rare in central Tokyo. Built in August 2019 by Morimoto's premium Diana Court brand, the reinforced concrete structure spans seven stories above ground with two basement levels. The property comes with two parking spaces with exclusive usage rights, including one flat parking space, solving one of Tokyo's biggest daily challenges. Located just a five minute walk from JR Yamanote Line's Meguro Station, the freehold property sits in a Type 1 Medium High Rise Residential District with excellent connectivity.

Meguro ku consistently ranks as Tokyo's most sought after residential ward, attracting diplomats, corporate executives, and successful entrepreneurs who value its blend of convenience and refinement. The area offers tree lined streets, excellent international schools, upscale shopping and dining, and proximity to business districts without the intensity of commercial centers like Shibuya or Roppongi. Meguro Station sits on the Yamanote Line, Tokyo's most important rail loop that connects all major districts, making commutes straightforward to anywhere in the city. The neighborhood itself has evolved into a sophisticated residential area where you'll find boutique cafes, art galleries, and the famous Meguro River, lined with cherry trees that create spectacular displays each spring.

Diana Court properties represent Morimota's premium residential brand, known for quality construction, thoughtful layouts, and buildings that age well. The 2019 construction date means this penthouse benefits from the latest earthquake resistant technology, energy efficient systems, and modern building codes while avoiding the premium pricing of brand new units. Top floor penthouses in quality buildings command significant premiums in Tokyo's market due to enhanced privacy, better views, reduced noise, and the psychological appeal of occupying the highest residential position. The building's daytime staff and fully outsourced management ensure professional operations without owner involvement.

Tokyo's luxury condominium market in prime residential wards like Meguro has shown remarkable resilience and growth patterns distinct from Japan's broader property trends. Meguro ku specifically has seen luxury unit prices (above 200 million yen) appreciate by approximately 73% since 2015, outpacing every other Tokyo ward except Minato and Chiyoda. This growth reflects several factors: limited new luxury supply as developable land grows scarcer, increasing demand from wealthy foreign buyers (now 28% of luxury purchases in Meguro), and the ward's school district appeal for families with children. Penthouse units in buildings under 10 stories command premiums of 35 to 50% over equivalent lower floor units, with the spread widening as buyers increasingly prioritize privacy and views in Tokyo's dense environment. Interestingly, freehold condominiums built between 2015 and 2020 in prime locations are now trading at prices 12 to 18% above their original sales prices, unusual in Japanese real estate where properties typically depreciate, signaling a fundamental shift in how the market values quality modern construction in sought after areas. The parking spaces included here add substantial value, worth approximately 5 to 8 million yen each in Meguro, where parking availability has decreased by 23% over the past decade due to residential conversions.