Price Reductions

550 Front St #2203 / Pinnacle #2203 – Floor Plan – Price Reduced – Now $1,150,000 (Was $1,180,000)

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This 22nd floor unit at the Pinnacle has reduced again, this time by $30,000.  Tough sale for sure.  This 2 bedroom / 2 bath unit spans the entire north side of the 22nd floor from east to west.  2 truly usable balconies too.  Standard fit and finish for the building but with some nice upgraded light fixtures and custom closet doors.  The unit does have 180 degrees of views, but not a direct southern exposure so only limited bay views other than to the west.  I think the asking price is almost where it needs to be to attract a buyer, and the latest reduction should move it, but no luck yet.  We’ll see how it does as we continue into the summer.

550 Front St #2605 / Pinnacle #2605 – Floor Plan – Price Reduced – Now $2,295,000 – (Was $2,375,000)

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This listing on the southwest corner of the 26th floor at Pinnacle has been reduced by $80,000.  Only one of 5 of this floor plan in the building.  Amazing views from this perch to the bay, Coronado, and the ocean beyond.  This floor plan offers 2 bedrooms, 2.5 baths, as well as a nook/den space off the kitchen.  2 side-by-side parking spaces as well.  Some custom built-ins in the office for a turnkey work from home setup.  The price is in-line with most recent sales, and with these views, surprising that it hasn’t moved yet.

550 Front St #2302 / Pinnacle #2302 – Floor Plan – Price Reduced – Now $749,000 (Was $774,900)

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This 23rd floor east-facing middle unit has been reduced by another $25,000.  Great views mostly from the large balcony vs. inside the unit.  Not a lot in the way of upgrades since original construction.  Vacant, clean, and ready to go, we’ll see if the most recent reduction makes a difference and spurs on a sale – with selling costs, the owner will be losing money on this one.  We’ll see if the limited inventory in the building and price reduction will help this unit find a new owner.

550 Front St #2203 / Pinnacle #2203 – Floor Plan – Price Reduced – Now $1,180,000 (Was $1,200,000)

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This 22nd floor unit at the Pinnacle has reduced again, this time by $20,000.  Tough sale for sure.  This 2 bedroom / 2 bath unit spans the entire north side of the 22nd floor from east to west.  2 truly usable balconies too.  Standard fit and finish for the building but with some nice upgraded light fixtures and custom closet doors.  The unit does have 180 degrees of views, but not a direct southern exposure so only limited bay views other than to the west.  I think the asking price is almost where it needs to be to attract a buyer, and the latest reduction should move it, but no luck yet.  We’ll see how it does this summer.

550 Front St #806 / Pinnacle #806 – Floor Plan – Price Reduced – Now $724,900 – (Was $744,900) Full Details:  Click Here

This west-facing entry-level 2 bedroom / 2 full bathroom condo with 2 tandem parking spaces at the Pinnacle as been reduced and is now asking $724,900.  High-gloss cabinets in the the kitchen and baths, stainless appliances, marble flooring, black granite countertops, and the other usual Pinnacle appointments,.  A decent little water view from the corner of the living room and from the balcony on the west-side of the building.  The price might be a little higher than the most recent comps, but still the least expensive way to get a 2 bedroom in the building right now.  We’ll see if the reduction spurs on a sale.

550 Front St #1603 / Pinnacle #1603 – Floor Plan – Price Reduced – Now $925,000 (Was $950,000)

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This middle-unit on the 16th floor facing east has been reduced by $25,000 to now $925,000.  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.  We’ll see if there’s better luck this summer.

550 Front St #2302 / Pinnacle #2302 – Floor Plan – Price Reduced – Now $774,900 (Was $799,000)

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This 23rd floor east-facing middle unit has been reduced by $25,000.  Great views mostly from the large balcony vs. inside the unit.  Not a lot in the way of upgrades since original construction.  Vacant, clean, and ready to go, we’ll see if the most recent reduction makes a difference and spurs on a sale – with selling costs, the owner will be losing money on this one.  We’ll see if the limited inventory in the building will help this unit find a new owner.

550 Front St #505 / Pinnacle #505 – Floor Plan – Re-Listed and Price Reduced – Now $849,900 (Was $887,900)

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This 5th floor northwest corner unit has been re-listed on the MLS and the price has been reduced.  It has a surprisingly decent bay view from the living room and patio to the southwest.  Some nice contemporary upgrades from lighting to paint for a nice and clean look.  We’ll see if there’s enough demand for a lower-level unit to get into the building – although this is a corner unit with some water views, so I think it’s got a chance.  We’ll see if there’s any better luck this summer based on the new price.