168 Yerba Buena Avenue
Despite a $6,950,000 (55 percent) price cut since being listed $12,700,000 in 2007, and another 250 days on the market (most recently asking $5,750,000), the listing for the 6,555 square foot home at 168 Yerba Buena Avenue has once again been withdrawn from the market without a reported sale.
As plugged-in people know, its unfinished sister property at 166 Yerba Buena appears to have sold $1,980,000 in 2008. It had been listed for $10,700,000 (finished) at the time.
A Finished 168 Yerba Buena Avenue Returns At Fifty Percent Off [SocketSite]
The Scoop On 168 Yerba Buena Avenue (And St. Francis Court) [SocketSite]
It’s Not Always Fun And Games At The Top (166-68 Yerba Buena) [SocketSite]
Once Billed As “A Symbol Of Success, Not Extravagance” [SocketSite]
Solaria Sells For About As Much As The Rendered Bugatti In Its Garage [SocketSite]

Comments from Plugged-In Readers

  1. Posted by diemos

    Offered for $2000/sqft in 2007.
    It never ceases to amaze what visions of sugar plums were dancing in peoples heads.

  2. Posted by Gil

    The price was unralisitic for this neighborhood from the getgo.
    St. Francis Woods is upscale but most of the homes in the area sell for 1.5 – 2.5 million. This pricing was way out of place for the neighborhood. What’s the saying – you don’t want to own the most expensive home on the block.
    For this price you might just as well buy something off 280 on the mid-peninsula with a little bit of space and a spectacular view. This home is literally squeezed into a tiny lot surrounded close by on all sides by homes – many of which look down on it.
    Or, if you want to be in the city, makes more sense to cough up this amount for a place in the Marina.
    Not to mention the summer weather is atrocious in this part of town.

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