Sold – Closed Escrow

550 Front St #2103 / Pinnacle #2103 – Floor Plan – Sold for $1,565,000

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This 21st floor unit has finally closed escrow for just under the latset asking price at $1,565,000.   This unit which spans the entire north-side of the building and has a roof deck over the units below has just been listed.  Other than the kitchen, a complete re-model has transformed this 2 bedroom, 2 bathroom unit into a 1 bedroom, 1.5 bathroom contemporary space.  The asking price had finally been brought down to be in-line with comps in the same stack without the remodel and without the roof deck.  The only question now is whether there’s a market for an ultra high-end 1 bedroom, 1.5 bathroom condo at this price point – which there was.  Congratulations to the new owner!

550 Front St #2404 / Pinnacle #2404 – Floor Plan – Sold for $1,400,000

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This 24th floor west-facing condo at the Pinnacle has closed for a very impressive $1,400,000 even though that was $150,000 less than the asking price.  Exceptional bay and ocean views to the west with exposure to the south and north as well from this perch above the city.  Nice upgrades like wood floors, dark granite, and matte cabinetry.  Great unit, but the asking price is quite a bit higher than anything else on that side of the building has ever sold for, so I think it’s quite the reach.  Nearly $1200 per sq ft using the builder’s brochure.  Congratulations to the new owner!

550 Front St #1408 / Pinnacle #1408 – Floor Plan – Sold for $1,725,000

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This 14th floor corner unit as mentioned here on PinnacleLuxuryCondos.com never made it to the MLS, but sold for $1,725,000.   Excellent views from this southwest corner unit at Pinnacle. Boasting over 1600 sq ft and being on the premier corner of the building, it’ll be interesting to see how the market reacts to somewhat of a premium asking price for a 14th floor unit vs. something higher up.  Expect this one to get plenty of attention for those seeking some of the best and safest views Downtown.  Congratualtions to the new owner!

550 Front St #1004 /Pinnacle #1004 – Floor Plan – Sold for $1,030,000

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This traditional sale on the northeast corner of the building has closed escrow for an impressive $1,030,000.  Some nice views from the balcony towards the bay, and being on the east side of the building, not as much hot afternoon sun.  Some more vibrant paint colors and custom built-ins.  The price is in line with the most recent model match sales.  Congratulations to the new owner!

550 Front St #505 / Pinnacle #505 – Floor Plan – Sold for $970,000

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This 5th floor northwest corner unit has finally closed escrow for $970,000 after being on the market for several months without selling.  It has a surprisingly decent bay view from the living room and patio to the southwest.  With pretty limited inventory in the building especially under $1,000,000, expect this to one to get lots of attention.  Some nice contemporary upgrades from lighting to paint for a nice and clean look.  With limited inventory still a good chance to get this price, and they did come close.  Congratulations to the new owner!

550 Front St #908 / Pinnacle #508 – Floor Plan – Sold for $1,099,000

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This southwest corner unit on the 5th floor – with some nice upgrades, built-ins, lighting, etc – has closed escrow for the full asking price of $1,099,000.  Very popular floor plan even though it’s on a lower floor with surprisingly open views as well.  With the low inventory in the building for units with more square footage than most, I’d expect this one will get lots of attention.  Furniture and artwork are also for sale separately from the purchase price if someone is looking for a more turn-key situation.  Congratulations to the new owner!

550 Front St #908 / Pinnacle #908 – Floor Plan – Sold for $1,450,000

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This southwest corner unit on the 9th floor has closed escrow for about $50,000 less than the asking price at $1,450,000.  A little bit smaller of a plan that the typical 08 units from the 10th to 20th floors.  Lots of extra upgrades have been added such as additional cabinetry, light, wallpaper, and remodeled bathrooms.  A little on the small side so the question will be whether someone will pay $1,000 per sq ft on the 9th floor.  Congratulations to the new owner!

550 Front St #1805 / Pinnacle #1805 – Floor Plan – Sold for $1,650,000

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This northwest corner unit on the 18th has finally closed escrow for $1,650,000 – about $100,000 less than the most recent asking price.  A bit of a price bump from the most recent model match sales but higher up as well so certainly better views.  Some nice built-ins and flooring, but pretty standard finishes for the Pinnacle beyond that.  It’ll be interesting to see if a unit on the northwest corner can sell for a southeast or southwest corner type of price per square foot, but the reduction will help.  Congratulations to the new owner!

550 Front St #1306 / Pinnacle #1306 – Floor Plan – Sold for $1,200,000

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This 2 bedroom unit with 2.5 baths facing west on the 13th floor has finally closed escrow for $1,200,000.  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.  Congratulations to the new owner!

550 Front St #1101 / Pinnacle #1101 – Floor Plan – Sold for $1,480,000

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This southeast corner unit on the 11th floor has finally closed escrow for $1,480,000.  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.  Congratulations to the new owner!