As we first reported two weeks ago, the Presidio Heights home at 16 Spruce Street which was designed by architect John Bolles in 1946 and purchased for $ 4.3 million in June of 2013 returned to the market as “an inspired re-imagination of a Mid-Century modern residence” with a list price of $9.5 million on September 1.
Today, the sale of 16 Spruce Street closed escrow with a reported sale at asking ($9.5M), the most expensive home sale in San Francisco since the sale of 2090 Vallejo for $9.5M in July.
That’s a lot of money for no outdoor space.
Bravo!
What’s so bravo about this? Oh wait! It’s soccermom. Makes sense now
It’s true. I am a fan of people taking risk in design and improving our city and I like to see hard work pay off.
Its fair to ask what’s so brave, but the rest of your comment is just mean. The comments on this site are one of the best things about it, but mean callouts like yours only discourages the dialogue.
And in 4 years it will be relisted at $7m and in 9 years at $12m. And so the crazy market continues.
“No outdoor space”. Um, directly fronting Julius Kahn Park and the entire Presidio.
No private outdoor space. You should get a bit at that price point.
There’s a patio off the living room. Looks very “private” for SF.
@ pvc Why? When you spend $4000/sf to overlook Central Park you don’t get any outdoor space.
That’s NY – different city, different market, different expectations.
Obviously someone disagreed with me…more power to them. I’d want a yard at that price, even in SF.
I would just sit there at night thinking, “OMG, what have I done?”
I’ve seen the house – it is spectacular. Yeah, a yard would be nice, but it is immediately on top of the Presidio. All of the space, none of the yard work. I’ll admit it, when I saw this place I turned green with envy.
This house was cold and the bedrooms damp.