Pinnacle #604 – Expired

550 Front St #604 / Pinnacle #604 – Floor Plan – Expired

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This 6th floor corner unit being flipped, but after about 6 weeks on the market at a very high price, no takers and the listing has expired.  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….  Expect to see it refreshed shortly.

Pinnacle #408 – Pending

550 Front St #408 / Pinnacle #408 – Pending

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Less than a week on the market and this this southwest corner unit on the 4th floor is now in escrow.  Not the largest of floor plans, but one of the more popular ones for a lower level unit.  This one features the blue cabinet package in the kitchen, and also dark marble in the bathrooms.  The price isn’t bad compared to the other recent sales of lower level units on the front of the building.  I think this will sell more quickly than other options available right now on the east and north sides.

Pinnacle #408 – New Listing

550 Front St #408 / Pinnacle #408 – New Listing – $1,049,000

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New to the market at the Pinnacle is this southwest corner unit on the 4th floor.  Not the largest of floor plans, but one of the more popular ones for a lower level unit.  This one features the blue cabinet package in the kitchen, and also dark marble in the bathrooms.  The price isn’t bad compared to the other recent sales of lower level units on the front of the building.  I think this will sell more quickly than other options available right now on the east and north sides.

Pinnacle #2903 – Pending

550 Front St #2903 / Pinnacle #2903 – Floor Plan – Pending

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After a couple of months on the market, this 29th floor northwest corner unit at Pinnacle is now in escrow.  Great and mostly protected views to the south, west and north.  Not the largest kitchen/great room, but it does offer 3 true bedrooms all with views.  Price will be interesting as the unit directly above it sold for $1,575,000 not too long ago so it’ll be very interesting to see what this one goes for.  This one also has a storage room / wet bar in place of the half bath.   I’ll post again once it closes.

Pinnacle #604 – New Listing

550 Front St #604 / Pinnacle #604 – Floor Plan – New Listing – $1,090,000

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This 6th floor corner unit being flipped.  It was purchased just a month ago for a price in the high $800,000s which I thought was very high to begin with.  The new asking price puts it on par with the asking price for the middle unit which faces east on the 14th floor.  I think it’ll be a big time uphill battle for the seller, but with the low inventory, stranger things have happened….

Pinnacle #2504 – Pending

550 Front St #2504 / Pinnacle #2504 – Floor Plan – Pending

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Less than a week on the market and this 25th floor west-facing condo at the Pinnacle is now in escrow.  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 and updated baths.  This was one of the few homes that features the blue (almost purple) cabinets in the kitchen with dark granite countertops.  Not for everyone, but hard to argue with the price for view safety and security in the Pinnacle.  I’ll post again once it closes.

Pinnacle #1403 – New Listing

550 Front St #1403 / Pinnacle #1403 – Floor Plan – New Listing – $1,095,000

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After quite some time without any new listings for less than $1.3M or $1.4M, here’s a new listing on a 14th floor east-facing 2 bedroom. This plan offers 2.5 baths as well as almost no wasted space.  Conversely, the price is a big high for an east-facing unit, and the kitchen has the blue/purple cabinets vs the more traditional brown. We’ll see how they do, with the inventory so low, I actually think they’ve got a chance even though the asking price is about $30,000 higher than it was just a few months ago before it had come off the market for the holidays.

Pinnacle #2504 – New Listing

550 Front St #2504 / Pinnacle #2504 – Floor Plan – New Listing – $1,320,000

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This 25th floor west-facing condo at the Pinnacle is now on the market.  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 and updated baths.  This was one of the few homes that features the blue (almost purple) cabinets in the kitchen with dark granite countertops.  Not for everyone, but hard to argue with the price for view safety and security in the Pinnacle.  Expect this one to get a lot of attention.

Pinnacle #1501 – New Listing

550 Front St #1501 / Pinnacle #1501 – Floor Plan – New Listing – $1,799,000

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New to the market is this 15th floor southeast corner unit.  Priced a bit higher than the most recent sales for model matches, but only the 2nd available condo right now in the building.  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.  It’ll be interesting to see if the scarcity in the market is enough to push for this high of a price – nice unit but most with original fit and finish.

Pinnacle #2802 – Sold

550 Front St #2802 / Pinnacle #2802 – Floor Plan – Sold for $1,325,000

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After a few months in escrow, this detailed and staged is this 28th floor northeast corner unit has finally closed escrow for $1,325,000 – a bit below the most recent asking price.  It offers 3 bedrooms as well as a bar for entertaining.  Nice patio size and views from this perch that looks out above the Horizons building.  Shows well – question will be how much of a discount someone wants for being on the east side of the building vs. the west side.  To answer the question, it’s about a 15% difference in this market comparing #2802 to #3003.  Congratulations to the new owner!