Welcome to San Diego Blog | January 4, 2011
Cityfront Terrace | 500 W Harbor Dr
Marina District Condos at Cityfront Terrace
Cityfront Terrace is one of the most unique buildings in all of downtown San Diego. With it’s unique New York Park Avenue style and architecture, it is in a league of it’s own in the stunning Marina District. The building is made of brick and limestone and is truly an iconic structure unlike any other in San Diego.
Upon entering the Lobby and being greeted by the concierge service, the dark rich mahogany wood walls and ornate accents that exude with elegance, you will know if Cityfront Terrace condos is the right fit for you.
Cityfront Terrace Apartment homes are located at the end of Market Street where it meets Harbor Drive. This is one of the quietest areas in the Marina District because it is located a few blocks from the restaurants, shopping and night life of the Gaslamp Quarter. Living at Cityfront Terrace apartment homes is great because the MLK promenade, a wonderful linear park, is located in the residents own backyard.
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Cityfront Terrace San Diego Condos – Best Features
Distinctive Style– Cityfront Terrace is one of those buildings you will either like or you won’t. The lobby, ground level hallways and the amenities are as elegant as they come in the Marina District. Also, they are renovating the hallways throughout the building to bring them up to the same caliber as the rest of the common areas.
Amenities– Cityfront Terrace offers a phenomenal amenity package that is truly luxury living. Includes the largest fitness center in downtown including an aerobics room. Cityfront has a great swimming pool with cabana area including jacuzzi and BBQ’s plus another pool at the west side of the complex. Really cool community room with full bar, fireplace, TV and captivating exposed wood beams contrasted by weathered brick.
Variety– There are one bedroom condos, two bedroom Cityfront Terrace condos, townhomes and lofts. Some of the lofts have really cool high ceilings with exposed red brick and antique wood beams.
Price – For the location, the prices are really good right now!
Cityfront Terrace Condos for Sale and Condos Recently Sold
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Chad’s Take – Cityfront Terrace has recently experienced a period of utter disaster. We have spent the last year or so heading out of the worst of the market crash in downtown San Diego and just as things are starting to recover, Cityfront Terrace has been torn apart like excavators were expecting to find the largest vein of gold in California that has ever discovered. There have been many days that I have walked by the south side of the building and the tractor was practically jumping up the large dirt ramp that led up to the pool area. The amenities have been torn up, hallways have had drywall stripped, both pools were ripped up and I could go on and on… When a property shows like a gold-miners camp, it is not conducive to sales that yield top dollar and Cityfront Terrace values have suffered on account of this.
What is to come for Cityfront Terrace? The great news is that construction is nearing completion and the common areas are starting to look like they are in tip top shape again. The main pool is opened back up and all of the walkways and hallways have experienced their renaissance. Now that the property as a whole is starting to take its elegant form back, we are seeing units sell and the inventory of condos for sale drop. The construction litigation made opportunities for some great buyer deals and I expect to see some more good opportunities arise over the next 12 months.
I do expect, however, that the nicer units with views and tasteful renovations will start to sell at higher prices because the overall experience of a buyer at the building will be much better in 2011 than it was in 2012. It will be great to see Cityfront’s renovations complete! The owners there deserve to have the beautiful building back.
For more information about Cityfront Terrace, please contact us.
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