South City Lights – Price Reductions on Final Phases
All floorplans listed below are available with 2 car parking and bay views from all floors:
The Retreat 2BR/2BA starting from $395,900
The Bayview 2BR/2BA starting from $488,900
The Panorama 3BR/2BA starting from $538,900
The Skyline 2BR/2BA starting from $550,900
The Westborough 3BR/2BA starting from $588,900
Homes also feature:
· 9-foot ceilings with crown molding in living room
· Gourmet Kitchen includes General Electric Stainless Steel Appliances, slab granite countertops, Moen fixtures & faucets, Custom maple raised-panel European style cabinetry
· Bathrooms feature granite countertops, granite tub surrounds, and ceramic tile flooring
· 42” Flatscreen Plasma Television
· Milgard energy-efficient, double-paned windows
· Spacious Walk-In Closets
· In-home laundry area w/ Maytag Neptune frontload washer/dryer
· High speed internet access
· Fully equipped clubhouse with barbecue area, state-of-the-art fitness center, and private children’s playing area
· Secured building entrances
· 2-car parking in secured garage
· Convenient access to shopping, restaurants, BART, SFO, & freeways
· Near Daly City, South San Francisco, San Bruno, Millbrae, Burlingame, & San Mateo
To schedule a tour of any of the new developments in The San Francisco Peninsula including 88 South Broadway, Connemara, Park Station, Merimont, Park Broadway, and South City Lights, call 415-418-8850, enter your information below, or contact me directly:
Kevin Gueco
Climb Real Estate – Vanguard Properties
Climb Real Estate provides this information to the public and our clients and does not guarantee it’s accuracy. Climb Real Estate does not necessarily represent the seller nor the marketing company in any way. For Buyer Representation, contact Climb or learn How to Buy New Developments.
Kevin Gueco's RSS Feed
September 25th, 2008 at 11:19 am
I really like this development, but one concern I have with it is the resale comps. There are some of the 3 bed, 2 bath units on the resale market now for as low as $500,000, which is MUCH MUCH lower than the asking, and obviously there’s still a lot of danger that the prices will drop further, given that these units are priced at the high end of what South City can support. Does anyone know how flexible the pricing is?
September 27th, 2008 at 12:25 pm
The “comps” Jason refers to are all short sales, none of which have sold. 2200 Gellert #6212 expired after 182 days on the market, and 2200 Gellert #6206 expired after 123 days on the market. 2200 #6P11 has been on the market for 199 days and probably won’t sell either. Why would anyone other than an investor risk being tied up in escrow on a short sale when half fail to close escrow, those that do often take up to 6 months to do so? Non-short sale units are selling just fine, though the sales office reports that they are now “considering offers on a case-by-case basis”. For more on exactly how flexible pricing is, contact me, Kevin Gueco @ 415-418-8850.