700 Front St 1906, San Diego, California 92101, San Diego, 92101 - 2 bed, 2 bath

700 Front St 1906, San Diego, California 92101 home-pic-0
ACTIVE$1,430,000
700 Front St 1906, San Diego, California 92101
2Beds
2Baths
1,950Sqft
59,761Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Luxury Building & Amenities: The Meridian Residential is described as a premier architectural icon offering unparalleled indoor and outdoor amenities, including a relaxing pool area with spa, cabanas, fire pit, grilling stations, lush gardens, two state-of-the-art fitness rooms with steam/saunas, and a well-appointed social room.
Top Cons:
High Association Fees: The monthly association fee of $2,112 is exceptionally high, which could significantly impact the overall cost of ownership and deter some potential buyers.

Compared to the nearby listings

Price:$1.43M vs avg $699.0K (+$731,000)88%
Size:1,950 sqft vs avg 1,056 sqft94%
Price/sqft:$733 vs avg $69460%

More Insights

Built in 1986 (39 years old).
Condition: Despite being built in 1986, the property appears to have undergone significant renovations, particularly in the kitchen and primary bathroom, likely within the last 5-15 years. The kitchen features modern stainless steel double ovens and updated cabinetry in the pantry/prep area, along with granite countertops. The primary bathroom boasts contemporary elements such as marble countertops, vessel sinks, a glass-enclosed shower with modern fixtures, and updated tiling, making it move-in ready. Hardwood flooring throughout the main living areas and recessed lighting contribute to a well-maintained and updated aesthetic. While some minor elements like the bathroom floor tile or den wainscoting might not be brand new, the overall condition is excellent, reflecting a property that is well-maintained and requires no immediate renovations.
Year Built
1986
Close
-
List price
$1.43M
Original List price
$1.5M
Price/Sqft
$733
HOA
$2,112
Days on market
-
Sold On
-
MLS number
250001357SD
Home ConditionGood
Features
Excellent View: Bay
Deck
Pool
Spa
ViewBay

About this home

The Meridian Residential is a premier architectural icon, offering the perfect blend of luxury and style. This exquisite property features unparalleled amenities for both indoor and outdoor living. This corner unit has been meticulously designed to maximize privacy and deliver an exceptional urban living experience. With entertainment and dining options just moments away, convenience is paramount. Additionally, three parking spaces and a storage unit are included for the utmost ease of living. The spacious units emphasize open living with expansive dining and living areas that seamlessly flow into covered balconies. The primary suite offers a private sanctuary with its own balcony, while floor-to-ceiling windows fill the space with natural light. Warm wood flooring throughout adds a touch of elegance and comfort. Outdoors, residents can enjoy a relaxing pool area with a spa, cabanas, a fire pit, grilling stations, and fruit trees, surrounded by lush gardens that provide a peaceful retreat. Indoors, the property is equipped with two state-of-the-art fitness rooms, complete with steam rooms, saunas, showers, and lockers. A well-appointed social room serves as an ideal venue for events of any scale. The 24-hour concierge and valet service ensure ultimate convenience for residents.

Nearby schools

5/10
Washington Elementary School
Public,K-50.8mi
5/10
Roosevelt International Middle School
Public,6-82.1mi
Condition Rating
Good

Despite being built in 1986, the property appears to have undergone significant renovations, particularly in the kitchen and primary bathroom, likely within the last 5-15 years. The kitchen features modern stainless steel double ovens and updated cabinetry in the pantry/prep area, along with granite countertops. The primary bathroom boasts contemporary elements such as marble countertops, vessel sinks, a glass-enclosed shower with modern fixtures, and updated tiling, making it move-in ready. Hardwood flooring throughout the main living areas and recessed lighting contribute to a well-maintained and updated aesthetic. While some minor elements like the bathroom floor tile or den wainscoting might not be brand new, the overall condition is excellent, reflecting a property that is well-maintained and requires no immediate renovations.
Pros & Cons

Pros

Premier Luxury Building & Amenities: The Meridian Residential is described as a premier architectural icon offering unparalleled indoor and outdoor amenities, including a relaxing pool area with spa, cabanas, fire pit, grilling stations, lush gardens, two state-of-the-art fitness rooms with steam/saunas, and a well-appointed social room.
Exceptional Services: Residents benefit from ultimate convenience with 24-hour concierge and valet services, enhancing the luxury living experience.
Prime Urban Location: Situated in downtown San Diego, the property offers immediate access to entertainment and dining options, ensuring a vibrant and convenient urban lifestyle.
Spacious & Private Corner Unit with Views: This meticulously designed corner unit maximizes privacy, features spacious open living areas, floor-to-ceiling windows for natural light, covered balconies, a private primary suite balcony, and bay views.
Ample Parking & Storage: A significant advantage for urban living, the unit includes three dedicated parking spaces and a separate storage unit, providing exceptional convenience and value.

Cons

High Association Fees: The monthly association fee of $2,112 is exceptionally high, which could significantly impact the overall cost of ownership and deter some potential buyers.
Building Age: Built in 1986, while described as an 'architectural icon,' the building's age may imply potential for future capital expenditures or higher maintenance costs for common systems, despite the high HOA fees.
Price Reduction: The property's list price has been reduced from $1.5 million to $1.43 million, which could indicate market resistance or that the initial pricing was ambitious, potentially affecting perceived value or future resale.

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