New Bonnymede Beachfront Escrow Fallout & Price Reduction: 1385 Plaza Pacifica

Days after going into escrow, 1385 Plaza Pacifica has fallen out of escrow and has reduced its asking price from $3,900,000 to $3,600,000.

Listed by Sotheby’s International Realty, 1385 Plaza Pacifica is a 1,686 sq.ft. 2 bedroom/2.5 bath beachfront townhouse with panoramic ocean, island and coastline views. Awash in sunlight, this remodeled South facing sleek contemporary unit features wide plank white oak floors, floor to ceiling windows, recessed lighting throughout, white marble counter tops, in unit laundry and private two car garage.

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History of the Listing

1385 Plaza Pacifica came on the market in June 2019 asking $3,700,000. Its price was increased in July to $3,995,000, and decreased in November to $3,900,000. It went into escrow in February 2020, fell out almost immediately and reduced its asking price to $3,600,000.

Previous Sales in the 2000’s

1385 Plaza Pacifica last sold as currently redone in January 2016 for $4,650,000. (To view how it appeared at the time of its 2016 sale, please click here.) Prior to the remodel, 1385 Plaza Pacifica sold in June 2007 for $3,700,000.