Pinnacle in Downtown San Diego

Pinnacle #606 – Reduced (again)

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550 Front St #606 / Pinnacle #606 – Floor Plan – Reduced (Again) – Now $799,000

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Pinnacle-606-01-of-14

This west-facing entry-level 2 bedroom / 2 full bathroom condo at the Pinnacle has been reduced again by $25,000 and is now a hare under $800,000 – still quite an asking price for a lower-level unit.  Upgraded wood flooring which is rare for the building, contemporary paint colors and furnishings, and of course the traditional Pinnacle quality cabinetry in the kitchens, baths, and appliances.  It’s been a while since a lower-level 2/2 has come up in the building, so it’ll be interesting to see if they can get this high of a price for a unit that doesn’t clear CityFront Terrace across the street for views.  Based on the condition though, a sale around this new price wouldn’t be a surprise but we’ll see.  Inventory still amazingly low.

 

Pinnacle #1505 – Pending

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Pinnacle #1505/ 550 Front St #1505 – Floor Plan – Pending

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Less than 10 days on the market, and this northwest corner unit on the 15th floor is now .  in escrow.  A bit of a Moroccan style, with some nice upgrades including the use of stone on an entertainment center in the living room.  First one of this floor plan in a couple of years to hit the market so it’ll be interesting to see what it goes for. Based on the sale of #1501 for $1,600,000, the price appears high to me, but in this appreciating market, it wouldn’t surprise me if they get their price.  I’ll post again once it closes.

Pinnacle #1505 – New Listing

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Pinnacle #1505/ 550 Front St #1505 – Floor Plan – New Listing – $1,695,000

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As previously mentioned here on PinnacleLuxuryCondos.com, this northwest corner unit on the 15th floor is now on the market.  A bit of a Moroccan style, with some nice upgrades including the use of stone on an entertainment center in the living room.  First one of this floor plan in a couple of years to hit the market so it’ll be interesting to see what it goes for. Based on the sale of #1501 for $1,600,000, the price appears high to me, but in this appreciating market, it wouldn’t surprise me if they get their price.

Pinnacle #1501 – Sold

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550 Front St #1501 / Pinnacle #1501 – Floor Plan – Sold for $1,600,000

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After a substantial $150,000 reduction, this 15th floor southeast corner unit has finally closed escrow for $1,600,000.  Still priced a bit higher than the most recent sales for model matches, but only the 2nd available condo right now in the building.  High enough up for sit down views of the bay and ocean beyond, yet not so high up to only be looking at the clouds.  It’ll be interesting to see if the scarcity in the market is enough to push for this high of a price – nice unit but most with original fit and finish. Congratulations to the new owner.  Now nothing for sale again in the building on the south or west sides.

Pinnacle #1505 – Coming Soon

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Pinnacle #1505/ 550 Front St #1505 – Floor Plan – Coming Soon

Full Details:  Click Here

This northwest corner unit on the 15th floor should be on the market next week.  Some nice upgrades including the use of stone on an entertainment center in the living room.  First one of this floor plan in a couple of years to hit the market so it’ll be interesting to see what it goes for.  For more information before it hits the market, e-mail me at [email protected].  I’ll post again once the price is finalized and it’s on the market.

Pinnacle #606 – Reduced

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550 Front St #606 / Pinnacle #606 – Floor Plan – Reduced – Now $824,900

Full Details:  Click Here

Pinnacle-606-01-of-14

This west-facing entry-level 2 bedroom / 2 full bathroom condo at the Pinnacle has been reduced by about $25,000 to $824,900 – still quite a price.  Upgraded wood flooring which is rare for the building, contemporary paint colors and furnishings, and of course the traditional Pinnacle quality cabinetry in the kitchens, baths, and appliances.  It’s been a while since a lower-level 2/2 has come up in the building, so it’ll be interesting to see if they can get this high of a price for a unit that doesn’t clear CityFront Terrace across the street for views.  Based on the condition though, a sale over $800,000 wouldn’t be a surprise but we’ll see.

 

Pinnacle #2303 – Reduced (Again)

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550 Front St #2303 / Pinnacle #2303 – Floor Plan – Reduced (Again) – Now $1,789,000

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After a couple of months on the market still without any takers, this floor plan that rarely hits the market at the Pinnacle has been reduced again by about $100,000.  This 2 bedroom / 2 bath unit spans the entire north side of the 23rd floor.  2 truly usable balconies too.  Standard fit and finish for the building but with some nice paint and window treatments.  The unit does have 180 degrees of views, but not a direct southern exposure so only limited bay views other than to the west.  No doubt that as only one of 4 residences for sale right now it’ll get plenty of attention, but boy does the price seem high to me.

Pinnacle #604 – Sold

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550 Front St #604 / Pinnacle #604 – Floor Plan – Sold for $1,030,000

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This 6th floor corner has finally closed escrow for what I think is an amazing price of $1,030,000.  It was purchased just 2 month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened…. and looks like they did.  Congratulations to the new owner, and really to the seller?

Pinnacle #2903 – Sold

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550 Front St #2903 / Pinnacle #2903 – Floor Plan – Sold for $1,700,000

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This 29th floor northwest corner unit at Pinnacle Museum Tower has finally closed escrow for $1,700,000, about 1/4 million dollar under the asking price.  Great and mostly protected views to the south, west and north.  Not the largest kitchen/great room, but it does offer 3 true bedrooms all with views.  Price will be interesting as the unit directly above it sold for $1,575,000 not too long ago.  This one also has a storage room / wet bar in place of the half bath.  Congratulations to the new owner!

Pinnacle #604 – Pending

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550 Front St #604 / Pinnacle #604 – Floor Plan – Pending

Full Details:  Click Here

This 6th floor corner unit which is being flipped is now in escrow.  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….  I’ll be amazed if it sells within the range, and we’ll find out within a few weeks.  This would set quite a precent if the sale does go through for this type of price on a lower-level unit.