Mere weeks after reducing the asking price by $450,000 to $7,800,000, 176 Rincon Point Road in gated Rincon Point has gone into escrow.
176 Rincon Point Road is a spectacular redwood beachfront home designed by Andy Neumann and built in 1989 within the gates at Rincon Point. With 4 bedrooms in the main residence, the 5,212 sq.ft. home includes a spacious second floor master suite, a family room, formal dining room and a 5th bedroom/guest apartment. The parcel, with a vast 94′ of beach frontage, oversees the exciting world famous surf break at Rincon Point.
176 Rincon Point Road was originally listed in mid-October 2011 at an asking price of $9,750,000. The asking price was reduced in late December 2011 to $8,750,000, then reduced again in April 2012 to $8,250,000 before the current price reduction to $7,800,000.
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