Price Reductions

550 Front St #2305 / Pinnacle #2305 – Floor Plan – Price Reduced – Was $2,650,000 – Now $2,550,000

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This southwest corner residence on the 23rd floor at Pinnacle has been reduced by $100,000 after about 2 months on the market.  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 upgrades in the kitchen including a farmhouse sink and different granite countertops.  We’ll see if there’s an appetite for the unit based on the price, which is notably higher than the most recent model-match in the same stack (still).

550 Front St #2402 / Pinnacle #2402 – Floor Plan – Price Reduced – Was $859,900 – Now $824,900

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This 24th floor east-facing middle unit has been reduced $35,000 and is now asking $824,900.  It might look familiar as it had been on the market a couple of years ago without selling.  Still one of the least expensive options for a unit high up in the building, and the price is getting better.  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 there are any new nibbles based on the new price.

550 Front St #1006 / Pinnacle #1006 – Floor Plan – Price Reduced – Now $799,000

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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 been reduced to $799,000.  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.  We’ll see if dipping under $800,000 helps push along a sale.

Pinnacle #1405 / 550 Front St #1405 – Floor Plan – Price Reduced – Now $1,650,000

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This highly-upgraded northwest corner unit on the 14th floor has been reduced by about $50,000 after no takers in about 5 weeks on the market.  Upgrades not found in most units in the building including limestone flooring, custom built-ins, remodeled bathrooms, and unique lighting.  It’ll be interesting to see if the 14th floor on the northwest corner is high enough up in terms of views to justify the asking price.

550 Front St #2203 / Pinnacle #2203 – Floor Plan – Price Reduced – Now $1,450,000

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This 22nd floor unit at the Pinnacle has been reduced to $1,450.000. 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.  We’ll see if the reduction helps spur along a sale.

550 Front St #606 / Pinnacle #606 – Floor Plan – Expired for $734,900 – Reduced and Re-Listed for $689,000 Full Details:  Click Here This west-facing entry-level 2 bedroom / 2 full bathroom condo at the Pinnacle which has been on and off the market for a year has been re-listed for a lower price of $689,000.  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.  INew price certainly should help and it’ll be interesting to see whether 606 or 706 sells first.

550 Front St #2402 / Pinnacle #2402 – Floor Plan – Price Reduced – Was $899,900 – Now $859,900

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This 24th floor east-facing middle unit has been reduced $40,000 and is now asking $859,900.  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 which is asking $100,000 less just 3 floors down.  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 there are any new nibbles based on the new price, but still asking a lot more than the model match.

550 Front St #2102 – Floor Plan – Price Reduced – Now $779,900

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This listing on the 21st floor has been reduced by $20,000.  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.  We’ll see if the small price reduction spurs along a sale.