611 Marina Boulevard
As we wrote in June of 2011:

Twenty years ago, 611 Marina Boulevard sold for $1,250,000. Eight years later, the property sold for $1,620,000. And eight years after that, the property returned to the market listed for $3,995,000 and sold for $3,835,500 in 2007.

Unfortunately the next sale will no longer be perfectly apples-to-apples as the first floor was reconfigured and remodeled in 2008, but 611 Marina Boulevard is back on the market as of today listed for $4,800,000.

The listing now touts “front row seating [for] America’s Cup events,” of course. And the dining room has been painted green.

Having repainted again, reduced a few times, and relisted at $3,995,000 this past June, the sale of 611 Marina Boulevard closed escrow last week with a reported contact price of $3,750,000, two (2) percent less than in 2007.
Alpha, Beta, And The America’s Cup [SocketSite]
The $1,500,000 Half Bath On Marina Boulevard [SocketSite]
The Scope Of Development For San Francisco’s First America’s Cup [SocketSite]

Comments from Plugged-In Readers

  1. Posted by ExAgent

    The “America’s Cup effect” was overblown. Impact on rental rates during the races is evident but overall impact on SF real estate prices/sales has been minor.
    Would love to see the actual v projected economic impact report for the first series and a revised report for the Cup.

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