250 King Street #714: Floor Plan
It’s been a long time coming, and not without a few bumps and bruises along the way, but the Mark Company is now touting “Last [developer's] Unit at the Beacon!” (250 King Street #714). Then again, they’re touting the same thing for 250 King Street #814, but why split hairs.
[Editor’s Note: Both units are now in contract. Congratulations to everyone at The Beacon.]
∙ Listing: 250 King St #714 (1/1) – $675,000 [MLS]
∙ Listing: 250 King St #814 (1/1) – $685,000 [MLS]
The Beacon: 90% Sold [SocketSite]
Beacon Class Action Lawsuit Dismissed Without Prejudice [SocketSite]
A Sales Office Shakeup At The Beacon? [SocketSite]

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Comments from “Plugged-In” Readers

  1. Posted by Anonymous

    These units don’t look more than ~800sqft. At 675k, that comes out to near $850/sqft. Pretty expensive given all the inventory out these. And HOA and parking fees nearing $700/month for a 1 bedroom? 170 Third sounds like a better deal…

  2. Posted by daniel

    whats a developer unit?
    [Editor’s Note: In this case, part of the building developer’s original inventory versus a resale.]

  3. Posted by Anonymous

    Ever since the ownership of the land was transferred to the condo owners, these units have been selling like hot cakes. As compared to 170 off Third, the Beacon units have higher ceiling and wider and brighter hallways.

  4. Posted by Anonymous

    and bigger windows.

  5. Posted by Anonymous

    “Ever since the ownership of the land was transferred to the condo owners, these units have been selling like hot cakes.”
    Either that or ever since the lawsuit was dismissed and the developer started reducing prices and offering incentives. Funny how that happens.

  6. Posted by Anonymous

    Without having been in this unit specifically, one of the major design flaws with this floor plan ( and this criticism is not just limited to the Beacon) is that the dining area seems to be right next to the doorway to the bedroom / bathroom. So I guess you have to “jump over” your dining room table to make it to those areas.
    It just doesn’t make sense yet this is a pretty common layout.

  7. Posted by BuyerBeware

    whats a developer unit?
    [Editor’s Note: In this case, part of the building developer’s original inventory versus a resale.]
    Is this considered a new unit (developer left it unoccupied) or did the developer rent it out?
    Thanks!

  8. Posted by Anonymous

    unit 814 shows pending. so i guess unit 714 IS the last developer unit…

  9. Posted by Anonymous

    The developer was Catellus. They sold the building, so I doubt that it’s a “developer unit”.
    [Editor’s Note: That's true, but we’re taking a little leeway on this one and considering Centurion the “developer” of the condominiums. Catellus developed The Beacon as an apartment complex (then known as “Mission Place”), but it was Centurion that converted/developed the property into condos and owned the initial inventory.]

  10. Posted by Anonymous

    The SOMA and Mission Bay units have been moving quite fast the past 4 weeks. I wonder if it is the same in other parts of the city. Does anyone know what the situation is at the new building on New Montgomery?

  11. Posted by Anonymous

    Editor:
    I live at The Beacon.
    Actually, The Beacon was mapped as a condo to begin with. It was a condo when they were rented by Catellus and it was sold as a condo by the sellers. There was no conversion
    [Editor’s Note: This might be a matter of semantics. Centurion “converted” Mission Place from a struggling rental complex (despite the condo map) into “for sale” condominiums. Also, please keep in mind that at the time of the purchase from Catellus not all of the units had been fully developed/finished.]

  12. Posted by Anonymous

    SOLD OUT!

  13. Posted by anonymous

    I was there last week and they were actually about 962 s.f., so the person who did the calculation above was way off. It comes out to about the low $700’s, and even lower after possible price reductions. Moot point, however, as I believe that they have sold out.

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