298 Chestnut Street: "Villa de Martini"

The asking price for the “Villa de Martnini” on Telegraph Hill has just been reduced by $1,888,0000 (13 percent), now asking $13 million for the Mediterranean-styled, urban estate which was built on a triple-wide lot in 1929, with arched doorways and hand-painted palazzo and silver leaf ceilings.

298 Chestnut Street Living Room

Purchased for $8,750,000 in late 2004, after which it was “painstakingly remodeled,” preserving much of the home’s original architectural detailing (not including the home’s new kitchen or baths), the villa at 298 Chestnut Street was originally listed for $16 million early last year.

Comments from Plugged-In Readers

  1. Posted by minka

    I walked by and peered longingly through the fence. The closest I’ll get, sadly.

    • Posted by Bertie Anglis

      Chin up, there’s always the chance you’ll make a great cat burglar one day.

  2. Posted by jlasf

    Beautiful house, but only 3 bedrooms. My suggestion: add a second story to the two-car garage and that would create a 4th bedroom. Cost: $250,000.

  3. Posted by Blabber Girl

    Repeat that reduction 6 more times and let’s talk…

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