Price Reductions

550 Front St #702 / Pinnacle #702 – Floor Plan – Price Reduced – Now $539,000

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This 1 bedroom on the 7th floor, has reduced by $10,000 – east side of the building might look familiar as it just sold a few years ago.  Back on the market now and looking for a new owner.  Nice standard finishes without any loud colors or odd cabinetry and in good shape.  This unit overlooks the recently renovated pool deck below.  Priced now $11,000 less than the identical floor plan just sold for right above it, so no reason to think it will last long.

550 Front St #1101 / Pinnacle #1101 – Floor Plan – Reduced (Again x2) – Now $1,529,000

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This southeast corner unit on the 11th floor has been reduced again this time to $1,529,000 after about a couple of months 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.  The 17th floor model match above sold already while this one has been looking for a buyer.  We’ll see if the latest more sizable reduction makes a difference.

Pinnacle #3003 / 550 Front St #3003 – Floor Plan – Reduced – Now $1,849,000

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This 30th floor northwest corner unit at the Pinnacle has been reduced slightly to $1,849,000 after being on the market for about 83 days.  Like several others lately, this residence sold just a few years ago.  A more contemporary refresh to one of the more popular floor plans in the building as there are 3 bedrooms or 2 bedrooms and a den depending on preference and 2 full bathrooms.  Floor to ceiling windows take in some of the best views in the building from it’s corner perch.  Price will be the question for not being on the south side of the building but we’ll see how it does.

550 Front St #1101 / Pinnacle #1101 – Floor Plan – Reduced (Again) – Now $1,589,000

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This southeast corner unit on the 11th floor has been reduced to $1,589,000 after about a couple of months 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.  The 17th floor model match above sold already while this one has been looking for a buyer.  We’ll see if the latest $9,000 reduction makes a difference.

550 Front St #1306 / Pinnacle #1306 – Floor Plan – Price Reduced – Now $1,299,000

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This 2 bedroom unit with 2.5 baths facing west on the 13th floor has been reduced by $50,000 and is now asking $1,299,000.  One of the more popular floor plans in the building with virtually no wasted space in hallways and views to the west and southwest towards the bay.  A large balcony off the living room as well for taking in the sun and evening lights.  Light and airy, a nice neutral decor scheme, with mostly original fit and finish.  It’ll be interesting to see if it’s high enough up to yield a buyer over $1.3M.  Not apparently, but we’ll see if there’s quicker sale now.

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.