Price Reductions

550 Front St #2102 – Floor Plan – Price Reduced – Now $799,000 to $829,000

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This listing on the 21st floor has been reduced to a range price from $799,000 to $829,000 after about 3 weeks on the market.  At the new price expect this one to sell much more quickly than the unit 3 floors above which is also for sale.  Some interesting wallpaper and the darker option for countertops.  Great views on the 21st floor which thanks to high ceilings at the Pinnacle is roughly equivalent to the 25th floor at Horizons across the street.

550 Front St #1501 / Pinnacle #1501 – Floor Plan – Price Reduced – Now $1,674,000

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This 15th floor southeast corner unit has been reduced by another $25,000+ is now asking $1,674,000.  Still priced a bit higher than the most recent sales for model matches, but getting closer.  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.  The reduction can’t hurt – we’ll see…

550 Front St #2402 / Pinnacle #2402 – Floor Plan –  Price Reduced – Now $914,900

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This 24th floor east-facing middle unit has been reduced and is now asking $914,900.  It might look familiar as it had been on the market a couple of years ago without selling.  The most recent model-match sale was a floor above in the $800,000s so it’ll be interesting to see if someone pays for for this one below.  Still one of the least expensive options for a unit high up in the building.  Great views mostly from the large balcony vs. inside the unit.  Not a lot in the way of upgrades since original construction.  We’ll see if the small reduction helps.

550 Front St #1703 / Pinnacle #1703 – Floor Plan – Price Reduced (Again)- Now $1,039,000

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This middle-unit on the 17th floor facing east has made another small price reduction.  Some more contemporary upgrades have been added from wood flooring in the bedrooms to a mirrored wall in the living room to updated lighting fixtures.  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 as this unit does not have direct bay views unless you’re on the balcony.  We’ll see if the reduction helps.

550 Front St #1603 / Pinnacle #1603 – Floor Plan – Price Reduced – Now $999,900

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This middle-unit on the 16th floor facing east has been reduced by $25,000 and is now asking $999,900.  A bit different than most in the stack as the faux fireplace has been removed and replaced with a calming water feature for a more open feel.  Popular split-bedroom floor plan with little wasted space on hallways, 2 bedrooms, and still 2 full baths and 1 half bath.  Competitively price based on the most recent comps that have sold in the stack based on the price reduction.

550 Front St #1501 / Pinnacle #1501 – Floor Plan – Price Reduced – Now $1,599,000

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This 15th floor southeast corner unit has been reduced by another $26,000+ is now asking $1,699,000.  Still priced a bit higher than the most recent sales for model matches, but getting closer.  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.  The reduction can’t hurt – we’ll see…

550 Front St #1006 / Pinnacle #1006 – Floor Plan – New Listing – $829,000

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This west-facing entry-level 2 bedroom / 2 full bathroom condo at the Pinnacle on the 10th floor, facing west, has come back on the market in 2019 for $70,000 less than it was listed for last year.  Upgrades including a wood-like treatment on the fireplace with built-in television, some added cabinetry in the bathrooms, and contemporary paint colors and furnishings.  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.  Units similar in size much higher up have been struggling, but this is west-facing.  The new price certainly should help.

550 Front St #304 /Pinnacle #304 – Price Reduced – Now $849,000

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550 Front St #802 / Pinnacle #802 – Floor Plan – Price Increased – Now $549,000

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This east-facing 1 bedroom at the Pinnacle has been increased in price.  A bit of an odd strategy, but maybe something changed and the seller is less eager to sell now.  737 square feet with all of the usual appointments including stainless steel appliances, Snaidero cabinetry, and travertine.  It might look familiar as it just sold a couple of years ago.  Nice open concept kitchen/living room, as well as a view from the balcony over the pool area and even down towards the bay.