The listing for the nearly 12,000-square-foot Pacific Heights pad at 2950 Pacific Avenue, which Mark and Alison Pincus, the respective co-founders of Zynga and One Kings Lane, purchased for $16 million in 2012 and re-listed for $18 million six months ago, has been withdrawn from the MLS and scrubbed from the listing agent’s site.
As we wrote when we originally broke the news about the listing last year:
Designed by Albert Farr and built in 1907, plans to add a bunker below the home were never acted upon, but the listing notes: “development potential to suit the new owner’s needs.” And in fact, plans to expand and renovate the entire house, with new bathrooms, kitchens and “new finishes throughout,” were quietly filed a few weeks ago.
The aforementioned plans have since been accepted for review by San Francisco’s Planning Department.
And not only do the plans include the demolition of the home’s existing carport and “all interior finishes,” but they now include the “excavation and addition of new entry and garage from Broadway,” along with the addition of a new level above the garage and a north-facing glass pavilion as well.
The Billionaires Row home was built for the Newhall family in 1907 and largely remains in its original condition, period kitchens and all. And while it doesn’t currently have a coveted Broadway address, expect a change of address to soon follow if the expansion plans are approved.