Price Reductions

550 Front St #307 / Pinnacle #307 – Floor Plan – Price Reduced – Now $539,000

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This one bedroom condo in the Pinnacle has been reduced by $10,000.  It features all of the usual appointments including stainless steel appliances, Snaidero cabinetry, and marble floors.  Some interest paint and wallpaper choices.  Nice open concept kitchen/living room, as well as a view from the over-sized balcony because it’s down on the 3rd floor so more of a deck feel.  Priced less than the model match on the east side of the building, expect this one to get a lot of attention and break the $500,000 sales price threshold even with some of the more disappointing cell phone photos to hit the MLS in a while.

550 Front St #1101 / Pinnacle #1101 – Floor Plan – Reduced – Now $1,598,000

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This southeast corner unit on the 11th floor has been reduced to $1,598,000 after about a month on the market without any takers.  Nicely upgraded with wood flooring in the bedrooms and custom paint.  A little low for big water views, but due to the higher ceilings in the building, it’s about the equivalent of a 13th floor in the average building.  It’ll be interesting to see if this one or the 17th floor unit for just a little bit more money sells first, the latter would seem to be a better value unless someone is afraid of heights.

550 Front St #1701 / Pinnacle #1701 – Floor Plan – Price Reduced – Now $1,725,000

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A pretty quick $50,000 reduction for this 17th floor, southeast corner unit at the Pinnacle.  Given the market and the height and orientation in the building, expect this one to get lots of attention from buyers needing views and space.  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.  Expect this one to get plenty of attention as south-facing Pinnacle units have been rare to come on the market lately and the price reduction certainly doesn’t hurt either.

550 Front St #1104 / Pinnacle #1104 – Floor Plan – Price Reduced (Again – 4th time) – Now $1,389,000

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This northeast corner unit at Pinnacle has been reduced to a fixed price at $1,389,000 without an expectation of selling for a range price above it.  Currently the only 2 bedroom listing in the building for less than $1,500,000, expect this one to get plenty of attention.  Nice corner-unit floor plan with 2 terraces, 2 bedrooms, AND a den.  Some nice built-ins in the living room and the optional black granite countertops in the kitchen.  A very versatile floor-plan, it’ll be interesting to see how it does with the new price without the range over $1,400,000 but I still feel it needs to below $1,300,000 to attract a buyer.

550 Front St #1104 / Pinnacle #1104 – Floor Plan – Price Reduced – Now $1,449,000

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This northeast corner unit at Pinnacle has been reduced by $40,000 and is now asking $1,449,000.  Currently the only 2 bedroom listing in the building for less than $1,500,000, expect this one to get plenty of attention.  Nice corner-unit floor plan with 2 terraces, 2 bedrooms, AND a den.  Some nice built-ins in the living room and the optional black granite countertops in the kitchen.  A very versatile floor-plan, it’ll be interesting to see how it does with the new price reduction…

550 Front St #3102 / Pinnacle #3102 – (Floor Plan) – Reduced – Now $2,000,000 to $2,200,000

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This large unit at the Pinnacle with a huge roof top deck on the north and east side of the building has been reduced substantially to $2,000,000 to $2,200,000.  Nearly 2,000 square feet, and the exclusivity of just 2 other neighbors on the floor.  Views to the north, east, and south.  All of the usual amenities but also with wood floors, custom paint, and the dramatic red cabinetry.  Expect this one to get plenty of attention based on the size and height within the building at a price that’s more in line with previous sales.

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

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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.