700 Front St 505, San Diego, California 92101, San Diego, 92101 - 2 bed, 3 bath

700 Front St 505, San Diego, California 92101 home-pic-0
ACTIVE$2,500,000
700 Front St 505, San Diego, California 92101
2Beds
3Baths
2,880Sqft
59,761Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Luxury & Service: The Meridian is highlighted as San Diego's sole building embodying 5-star luxury, offering unparalleled distinction, five-star service, valet parking, and security concierge, setting a high standard for upscale living.
Top Cons:
Very High Association Fee: The monthly association fee of $2,597 is exceptionally high, representing a significant ongoing cost that could deter potential buyers despite the extensive amenities and services offered.

Compared to the nearby listings

Price:$2.50M vs avg $699.0K (+$1,801,000)98%
Size:2,880 sqft vs avg 1,056 sqft99%
Price/sqft:$868 vs avg $69485%

More Insights

Built in 1986 (39 years old).
Condition: Despite the building's 1986 construction, this unit has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The description highlights 'refinished hardwood flooring, brand new California closet systems, premium motorized window treatments, high-end appliances, recessed lighting, in-unit laundry, and an electric fireplace.' The images confirm a sleek, contemporary aesthetic throughout, with a modern kitchen featuring flat-panel white cabinetry, stainless steel high-end appliances, and updated countertops. The bathrooms are also fully modernized with contemporary vanities, vessel sinks, and clean, updated finishes. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1986
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$868
HOA
$2,597
Days on market
-
Sold On
-
MLS number
250029757SD
Home ConditionExcellent
Features
Good View:
Pool
Spa
Patio
View-

About this home

This exceptionally distinctive townhome-style unit, situated at the southwest corner of the 4th and 5th floors, offers expansive interior spaces that create a living experience akin to that of a traditional home. The four generous outdoor patios provide a tranquil retreat. Featuring a striking color palette, this residence showcases sleek contemporary decor while residing in a building that exemplifies five-star service and unparalleled distinction, a rarity in today's market. Enhanced with refinished hardwood flooring, brand new California closet systems, premium motorized window treatments, high-end appliances, recessed lighting, in-unit laundry, an electric fireplace, and numerous additional features, this home is truly remarkable. The building boasts a full array of amenities, including valet parking, security concierge, and an impressive outdoor plaza level complete with a pool, spa, firepit, health club, barbecue area, and a park-like environment that softens the surrounding urban landscape. Meeting rooms, lounges, and Guest suites are available for visitors and are managed by the building staff. The Meridian stands as San Diego's sole building that genuinely embodies 5-star luxury. Once experienced, the distinction is unmistakable.

Nearby schools

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

Despite the building's 1986 construction, this unit has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The description highlights 'refinished hardwood flooring, brand new California closet systems, premium motorized window treatments, high-end appliances, recessed lighting, in-unit laundry, and an electric fireplace.' The images confirm a sleek, contemporary aesthetic throughout, with a modern kitchen featuring flat-panel white cabinetry, stainless steel high-end appliances, and updated countertops. The bathrooms are also fully modernized with contemporary vanities, vessel sinks, and clean, updated finishes. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Luxury & Service: The Meridian is highlighted as San Diego's sole building embodying 5-star luxury, offering unparalleled distinction, five-star service, valet parking, and security concierge, setting a high standard for upscale living.
Spacious Townhome-Style Living: This unit provides expansive interior spaces (2880 sqft) designed to feel like a traditional home, a rarity in condominium living, enhanced by its distinctive townhome-style layout across two floors.
Extensive High-End Upgrades: The residence boasts numerous modern enhancements including refinished hardwood flooring, brand new California closet systems, premium motorized window treatments, high-end appliances, recessed lighting, in-unit laundry, and an electric fireplace.
Generous Outdoor Patios: Featuring four generous outdoor patios, the property offers significant private outdoor living space, a highly desirable and uncommon amenity for a condominium unit.
Comprehensive Luxury Amenities: The building provides a full array of luxury amenities, including an impressive outdoor plaza with a pool, spa, firepit, health club, barbecue area, park-like environment, meeting rooms, lounges, and guest suites.

Cons

Very High Association Fee: The monthly association fee of $2,597 is exceptionally high, representing a significant ongoing cost that could deter potential buyers despite the extensive amenities and services offered.
Building Age: Constructed in 1986, the building is nearly 40 years old. While the unit is extensively updated and the building offers 5-star service, some buyers may prefer newer construction for perceived modern infrastructure and lower long-term capital expenditure risks.
Condominium Lifestyle Limitations: Despite its 'townhome-style' and spaciousness, the property remains a condominium, which inherently involves shared walls, adherence to HOA rules and regulations, and potential limitations on personal modifications, which may not appeal to all luxury buyers seeking complete autonomy.

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