As we first reported yesterday, the sale of 1209 Filbert has closed escrow with a rather “lucky” contract price of $6,888,000. Call it $1,188 per square foot for the newly constructed 5,800 square foot LEED Platinum home in Russian Hill with a few big views.
That price seems insane. Anyone want to estimate its cost of construction?
it’s a very nice house – even if the price is insane
mmm site value.
there’s a certain bench not far away that has this view. I like thinking I’m sitting on a $4M bench when I’m there, eating my Swensen’s.
“lucky” out of town buyers…most certainly will be used as bench mark comp for other sellers looking to hit home runs.