New Price Reduction in Rincon Point: 195 Rincon Point Road
Listed by Village Properties, 195 Rincon Point Road, a newer 3 bedroom/3.5 bath home within the gated Rincon Point enclave at the beach, has just reduced its asking price for the second time, this time from $3,995,000 to $3,495,000.
While 195 Rincon Point Road is not beachfront, it sits atop an elevated road overlooking the beachfront homes and has a lovely panoramic ocean view. Built in 1965 but totally renovated in 2000 with quality workmanship, 195 Rincon Point Road has Italian marble floors, a modern galley kitchen and a tiled patio with spa.
195 Rincon Point Road was originally listed in September 2012 asking $4,250,000. It was reduced in January 2013 to $3,995,000, and went into escrow at the beginning of March only to fall out shortly thereafter. The property last sold in June 2005 for $3,100,000.
