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

home-pic
ACTIVE$2,750,000
700 Front St 505, San Diego, California 92101
2Beds
3Baths
2,880Sqft
59,761Lot
Year Built
1986
Close
-
List price
$2.75M
Original List price
$3M
Price/Sqft
-
HOA
$2,597
Days on market
-
Sold On
-
MLS number
240029052SD
Home ConditionGood
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
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (265 Listings)
Beds22
50%
Baths32
89%
Square foot2,8801,046
99%
Lot Size59,7610
29%
Price$2.75M$679K
98%
Price per square foot$955$701
88%
Built year198610026003
8%
HOA$2,597$859
99%
Days on market309171
94%
Condition Rating
Good

The property, built in 1986, appears to have been renovated. The kitchen features modern appliances and finishes, and the bathrooms have been updated with contemporary fixtures. The hardwood flooring and overall decor suggest a well-maintained and updated space, but not a complete recent renovation. Therefore, a 'good' condition score is appropriate.
Pros & Cons

Pros

Luxury Building Amenities: The Meridian offers 5-star luxury amenities including valet parking, security concierge, outdoor plaza with pool, spa, firepit, health club, barbecue area, meeting rooms, lounges, and guest suites.
Prime Downtown Location: Located in the heart of downtown San Diego (92101), offering convenient access to urban amenities, restaurants, and entertainment.
Spacious Townhome-Style Unit: Expansive 2,880 sqft interior provides a living experience similar to a traditional home, a rare find in a condominium setting.
Multiple Outdoor Patios: Features four generous outdoor patios, offering private and tranquil retreats.
High-End Upgrades: Enhanced with refinished hardwood flooring, new California closet systems, premium motorized window treatments, high-end appliances, recessed lighting, and an electric fireplace.

Cons

HOA Fees: Luxury building amenities and services typically come with high HOA fees, which can impact affordability.
Price Reduction: The property has experienced a price reduction from its original list price, which may indicate market resistance or perceived overpricing.
Year Built: Built in 1986, the property may require updates in the future to maintain its luxury appeal and compete with newer constructions.

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