Located within the prestigious 70 Rainey development, "Penthouse Three" offers a unique and unparalleled living experience in the heart of downtown Austin. This stunning 3-bedroom residence spans three levels, boasting three distinct living spaces and three expansive private terraces including a rooftop deck. The interiors are meticulously designed with a harmonious blend of modern elegance and timeless comfort, featuring white and natural cabinetry throughout, complemented by light European wide oak plank flooring. The main kitchen is a chef's dream, outfitted with top-of-the-line Miele appliances, including a gas cooktop, built-in hood, warming drawer, and even a built-in Miele coffee maker for the perfect morning brew. Quartz slab countertops and backsplash add a sleek finish, while satin brass plumbing fixtures provide a touch of sophistication. The third level kitchenette offers a Miele dishwasher and wine fridge, perfect for serving up beverages before stepping out onto the expansive rooftop deck. The primary suite is designed for ultimate relaxation and luxury, with a spacious walk-in closet with custom built-ins offering ample storage, while the spa-like bathroom features a dual vanity, Carrera marble countertops, and polished marble in the shower, creating a serene retreat. Porcelain tile in the secondary bathrooms and motorized shades in the bedrooms add to the home's convenience and comfort. Whether you're entertaining guests in the expansive living areas or enjoying a quiet evening on one of the private terraces, Penthouse Three is the epitome of refined urban living. Tenant pays all utilities except association fees. No smokers. Up to 2 pets negotiable with deposit depending on size and breed. Available now for 12-24 months. Property is also listed for sale under MLS 8722026.