Pinnacle in Downtown San Diego

Pinnacle #1403 – Withdrawn

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550 Front St #1403 / Pinnacle #1403 – Floor Plan – Withdrawn

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Temporarily off the market… After quite some time without any new listings for less than $1.3M or $1.4M, here’s a new listing on a 14th floor east-facing 2 bedroom.  This plan offers 2.5 baths as well as almost no wasted space.  On the bright side, it does come with 4 parking spaces.   Conversely, the price is a big high for an east-facing unit, and the kitchen has the blue/purple cabinets vs the more traditional brown.  We’ll see how they do, with the inventory so low, I actually think they’ve got a chance. I’ll post again once it’s back on the market.

Pinnacle #1706 – New Listing

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550 Front St #1706 / Pinnacle #1706 – Floor Plan – New Listing – $1,149,000 to $1,199,000

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After quite some time without any new listings for less than $1.3M or $1.4M, here’s a new listing on a 17th floor west-facing 2 bedroom.  This plan offers 2.5 baths as well as almost no wasted space.  On the bright side, it does come with 4 parking spaces.   The red cabinets are a challenge for most, but for some a bonus.  We’ll see how they do, with the inventory so low, I actually think they’ve got a pretty good chance for a quick sale.

Pinnacle #2802 – Pending

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550 Front St #2802 / Pinnacle #2802 – Floor Plan – Pending

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After a few months on the market this 28th floor northeast corner unit is finally in escrow.  It offers 3 bedrooms as well as a bar for entertaining.  Nice patio size and views from this perch that looks out above the Horizons building.  Shows well – question will be how much of a discount someone wants for being on the east side of the building vs. the west side.  I’ll post again once it closes.

Pinnacle #708 – Sold

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550 Front St #708 / Pinnacle #708 – Floor Plan – Sold for $1,125,000

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This southwest corner unit has finally closed escrow for a very impressive $1,125,000 – just $25,000 under the asking price.  Nice split floor plan and surprisingly just high enough to pick up some bay views.  Lightly decorated, it could use some paint to liven it up.  Still a bit aggressive on the price in my opinion based on the most recent similar sales, but with scarce inventory and some flexibility, an impressive and well-timed sale.  A new bar is set for lower level units at the Pinnacle.  Congratulations to the new owner.

Pinnacle #2502 – Sold

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550 Front St #2502 / Pinnacle #2502 – Floor Plan – Sold for $740,000

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This 25th floor unit facing east has finally closed escrow for $740,000 – about 5% below the asking price.  Great views from the balcony – and not bad from the unit itself with more of a city flair.  This one also features the infamous red cabinets… that and an asking price probably still $10,000 – $30,000 higher than the comps can justify, so it seems like a fair price for all parties involved.  Congratulations to the new owner!

Pinnacle #2904 – Sold

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550 Front St #2904 / Pinnacle #2904 – Floor Plan – Sold for $2,525,000

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This stunning unit closed escrow for $2,525,000 – over $1,000 per square foot.  You can’t beat the views on this 29th floor southwest corner unit at the Pinnacle.  3 true bedrooms as well as a den/nook/office space.  One of the premier units in the building.  A little bit warmer of a unit than most with wood floors vs. tile floors.  Clearly the combination of great views, size, and scarcity helped the seller.  Congratulations to the new owner!

Pinnacle #1908 – Sold

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550 Front St #1908 / Pinnacle #1908 – Floor Plan – Sold for $1,800,000

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This 19th floor corner unit at the Pinnacle closed escrow for $1,800,000 – right in the middle of the asking price range.   One of a string of sales over $1,500,000 in the community lately.  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.  Views like this are hard to find, so I won’t be surprised if they get close.  Congratulations to the new owner!

Pinnacle #3203 – Sold

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550 Front St #3203 / Pinnacle #3202 – Floor Plan – Sold for $2,320,000

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This upper floor view unit at Pinnacle has closed escrow for a little under the asking price at $2,320,000. Terrific views to the west and north. Great square footage, 2 bedrooms and a den, and a large living space and terrace. Great opportunity for someone looking for an exceptional view unit.  With the upgrades and staging, a much better chance to sell this time around. Congratulations to the new owner – not a bad price at all for all that this unit has to offer!

Pinnacle #1403 – New Listing

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550 Front St #1403 / Pinnacle #1403 – Floor Plan – New Listing – $1,065,000

Full Details:  Click Here

After quite some time without any new listings for less than $1.3M or $1.4M, here’s a new listing on a 14th floor east-facing 2 bedroom.  This plan offers 2.5 baths as well as almost no wasted space.  On the bright side, it does come with 4 parking spaces.   Conversely, the price is a big high for an east-facing unit, and the kitchen has the blue/purple cabinets vs the more traditional brown.  We’ll see how they do, with the inventory so low, I actually think they’ve got a chance.

Pinnacle #708 – Pending

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550 Front St #708 / Pinnacle #708 – Floor Plan – Pending

Full Details:  Click Here

This southwest corner unit on the 7th floor is finally in escrow after a few months on and off of the market.  Nice split floor plan and surprisingly just high enough to pick up some bay views.  Lightly decorated, it could use some paint to liven it up.  Still a bit aggressive on the price in my opinion based on the most recent similar sales, but with scarce inventory and some flexibility, it should sell.  I’ll post again once it closes.