Pinnacle in Downtown San Diego

Pinnacle #2404 – Sold

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550 Front St #2404 / Pinnacle #2404 – Floor Plan – Sold for $1,400,000

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This 24th floor west-facing condo at the Pinnacle has closed for a very impressive $1,400,000 even though that was $150,000 less than the asking price.  Exceptional bay and ocean views to the west with exposure to the south and north as well from this perch above the city.  Nice upgrades like wood floors, dark granite, and matte cabinetry.  Great unit, but the asking price is quite a bit higher than anything else on that side of the building has ever sold for, so I think it’s quite the reach.  Nearly $1200 per sq ft using the builder’s brochure.  Congratulations to the new owner!

Pinnacle #2502 – Withdrawn

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550 Front St #2502 / Pinnacle #2502 – Floor Plan – Withdrawn

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This 25th floor 2 bedroom with the red cabinet option has been at least temporarily taken off the market.  From there upgrades include wood floors, upgraded bathroom tile and backsplash, custom paint, and some interesting use of mirrors.  Great views mostly from the large balcony vs. inside the unit in this stack, just like 2302 and 2402 (which is off the market temporarily).  Very well decorated compared to the competition, but the price is still the question as to what a buyer will spend for this relatively small 2 bedroom on the east side of the building.  I’ll post again once it’s back on the market.

Pinnacle #1408 – Sold

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550 Front St #1408 / Pinnacle #1408 – Floor Plan – Sold for $1,725,000

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This 14th floor corner unit as mentioned here on PinnacleLuxuryCondos.com never made it to the MLS, but sold for $1,725,000.   Excellent views from this southwest corner unit at Pinnacle. Boasting over 1600 sq ft and being on the premier corner of the building, it’ll be interesting to see how the market reacts to somewhat of a premium asking price for a 14th floor unit vs. something higher up.  Expect this one to get plenty of attention for those seeking some of the best and safest views Downtown.  Congratualtions to the new owner!

Pinnacle #2003 – Price Reduced

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550 Front St #2003 / Pinnacle #2003 – Floor Plan – Price Reduced – Now $1,125,000

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This this middle-unit on the 20th floor facing east has reduced in price by about $24,000 and is now asking $1,125,000.  Not your typical Pinnacle condo, this residence has been upgraded with wood floors, custom paint, and custom lighting.  Popular split-bedroom floor plan with little wasted space on hallways, 2 bedrooms, and 2.5 baths.  It’ll be interesting to see if an east-facing unit will sell in the striking distance of a model match on the west-side of the building lower down.

Pinnacle #605 – Re-Listed

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550 Front St #605 / Pinnacle #605 – Floor Plan – Re-Listed and Reduced – Now $1,030,000

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After about a month ont the market with no takers, this 5th floor northwest corner unit has been re-listed for about $60,000 less at $1,030,000.  It has a surprisingly decent bay view from the living room and patio to the southwest for being a lower floor unit.  This one has been remodeled for a more contemporary scheme with wood floors, dark countertops, red kitchen cabinetry, marble tiles, and gray color tones.  With the price adjustment, a much better chance of selling this time around.

Pinnacle #605 – Expired

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550 Front St #605 / Pinnacle #605 – Floor Plan – Expired

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After about a month ont the market with no takers, this 5th floor northwest corner unit has expired on the MLS.  It has a surprisingly decent bay view from the living room and patio to the southwest for being a lower floor unit.  This one has been remodeled for a more contemporary scheme with wood floors, dark countertops, red kitchen cabinetry, marble tiles, and gray color tones.  It’ll be interesting to see how this one fares asking about $100,000 more than the unit directly below it was, but this one is available now, and #505 is not.  We’ll see if it comes back on the market ASAP or if they take a break.

Pinnacle #1004 – Sold

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550 Front St #1004 /Pinnacle #1004 – Floor Plan – Sold for $1,030,000

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This traditional sale on the northeast corner of the building has closed escrow for an impressive $1,030,000.  Some nice views from the balcony towards the bay, and being on the east side of the building, not as much hot afternoon sun.  Some more vibrant paint colors and custom built-ins.  The price is in line with the most recent model match sales.  Congratulations to the new owner!

Pinnacle #2003 – Back on the Market

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550 Front St #2003 / Pinnacle #2003 – Floor Plan – Back on the Market – $1,149,000

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This this middle-unit on the 20th floor facing east has fallen out of escrow and is now back on the market.  Not your typical Pinnacle condo, this residence has been upgraded with wood floors, custom paint, and custom lighting.  Popular split-bedroom floor plan with little wasted space on hallways, 2 bedrooms, and 2.5 baths.  It’ll be interesting to see if an east-facing unit will sell in the striking distance of a model match on the west-side of the building lower down.

Pinnacle #2404 – Pending

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550 Front St #2404 / Pinnacle #2404 – Floor Plan – Pending

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This 24th floor west-facing condo at the Pinnacle is now in escorw, trying to set an all-time high for this particular floor plan.  Exceptional bay and ocean views to the west with exposure to the south and north as well from this perch above the city.  Nice upgrades like wood floors, dark granite, and matte cabinetry.  Great unit, but the asking price is quite a bit higher than anything else on that side of the building has ever sold for, so I think it’s quite the reach.  Nearly $1200 per sq ft using the builder’s brochure.  I’ll post again once it closes.

Pinnacle #2103 – Re-Listed (again)

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550 Front St #2103 / Pinnacle #2103 – Floor Plan – Re-Listed – $2,250,000

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Is a large balcony/deck and a remodel worth $700,000?  That’s the question with this listing on the 21st floor at the Pinnacle.  This unit which spans the entire north-side of the building and has a roof deck over the units below has just been listed.  Other than the kitchen, a complete re-model has transformed this 2 bedroom, 2 bathroom unit into a 1 bedroom, 1.5 bathroom contemporary space.  The asking price is still about $700,000 more than sales have been in the same stack without the remodel and without the roof deck.  I don’t think there’s much hope for this one at this price, but I suppose it never hurts to ask.