740 Church Street

As we first wrote about 740 Church Street this past April:

Constructed in 1936, the rather spectacular Spanish Colonial home at 740 Church Street began a meticulous two-year renovation and remodeling in 2003, finished with Venetian-plastered walls, hand crafted doors, and hand-hewn wood beamed ceilings.

Prominently positioned overlooking Dolores Park, there’s a sun soaked rear courtyard and an adjacent 2,501 square foot vacant lot on Cumberland that’s included in the sale.

And yes, we said spectacular.

740 Church Street Living

The sale of 740 Church Street closed escrow on Friday with a reported contract price of $5,250,000 which included the aforementioned vacant lot, the value of which is debatable and without which it would have set the record for the highest priced single-family home ever sold in the neighborhood.

Comments from Plugged-In Readers

  1. Posted by eddy

    Neal is have one hell of a year. Gotta move that Jackson street home.

  2. Posted by Mark F.

    Wow! It is certainly a gorgeous place. Congrats to the agent and the new owner!

  3. Posted by sf

    I would like to know what the new owner does for a living.

  4. Posted by curmudgeon

    ^ why does it matter?

  5. Posted by sf

    Because I want to know where the money is coming from. All of these multi million dollar properties are being snatched up before the web sites selling them are finished being uploaded.
    Depression Schmepression.

  6. Posted by futurist

    I would echo curmudgeon’s answer? why does it matter where money comes from for buying a property?
    Seems completely irrelevant to me, and rather private business.

  7. Posted by RJ

    Worth every penny. Mazel to the new owners. They have one of the most spectacular homes in the city! I’ll miss all the parties the previous owner used to have.

  8. Posted by Joshua

    Congrats to the buyer. This is a lovely home.

  9. Posted by NoeNeighbor

    I think where the money is coming from is very relevant. Is this old money or tech money or European money or Chinese money? I don’t begrudge any of them their money, but if you want to understand what is driving the real estate market, you need to know where the buyers are coming from.

  10. Posted by curmudgeon

    OK, I agree with NoeNeighbor and SF, despite my earlier questioning. From a sociological/economics point of view I would like to know “where the money is coming from”.
    I have no right to know details on individuals, of course, but I am very curious who (not individually but collectively) is able to afford these very expensive homes in the neighborhood.
    I’d be interested to hear what people in the biz say. I’m assuming tech money is driving it.

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