A New York based Internet entrepreneur paid $4.7 million for the William Wurster-designed house at 2666 Broadway in 2011, and according to the Wall Street Journal, he then spent “about four times what he was quoted” on a one-year remodel of the home which once belonged to Evelyn and Walter Haas, having “bought the house because his daughter was planning to go to school in San Francisco.”
With his daughter’s plans having changed, the property was listed for $11,250,000 or $2,271 per square foot this past March, touting “Modernist Design with Distinctive Artisan Finishes.”
Having just dropped the asking price for the Pacific Heights home to $10,250,000, the listing can now tout its membership in our “Million Dollar Cut Club” as well.
∙ Comments: Modernist Design And A Deconstructed Fireplace For $2,271 Per Foot [SocketSite]