A $500K Cut for the Crown Jewel of Piedmont
February 24, 2017
Designed by William Charles Hays and built in 1912, the Edwardian estate at 117 Sheridan Avenue in Central Piedmont has been lovingly restored and remodeled over the past four decades by the Herbert family.
While the four-bedroom home appears to measure 4,104 square feet, that doesn’t include the refinished 1,100-square-foot attic.
The kitchen, which now sports a new eight burner Viking stove under an ornate hood and dual Sub-Zero refrigerators and dishwashers, has recently been remodeled as well.
And having hit the market listed as “the crown jewel of Piedmont” for $7.25 million last year, the asking price for 117 Sheridan and its manicured half-acre lot has just been reduced by $500K to $6.75 million.
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THE crown jewel? Come now, Glen Alpine has any number of more pulse fluttering properties. Not that this isn’t quite nice, of course. 🙂
A bit stuffy, but elegant. Who doesn’t like a turn of the century solarium?
Nice place. Not my style, but I do dig the pool room.
Beautiful remodeled and definitely my style. Wish I could live here!
Is there a term for the kind of ceiling in the attic? I really like.
I’d call it a trellised ceiling. Some might argue coffered…
I’d go with “latticework”.
Agree with you. I’d call the dining room coffered.
Location. Location. Location. If this house was somewhere else in the Bay Area, it would probably go quickly.
Only in very few other places in the Bay Area. Piedmont is more prime than most.
anon, that’s not true. Per Movoto average DOM in Piedmont is 9 and Pacific Heights it’s 36. It’s the property, the agent or both -not Piedmont. Thank you.
The economic extremes in the Bay Area never ceases to amaze me. It’s about a 20 minute walk from this house to Lake Merrit and freeway underpasses crowded with the raggedy tents of the homeless.
Or you can see that right outside your million dollar front door in the Mission…
Current tax basis: $215,948 for about $7,107 annually. Prop 13 is grotesque.
Lovely house and impeccably renovated. So, why didn’t it sell? Just overpriced?
For all of the curmudgeons on here (not *the* curmudgeon) who complain about “dwellification” and praise historical restoration, the fact is that there are far more people who want to live in a contemporary-styled interior than in a recreation of what it was like to live 100 years ago.
This would have sold a while ago if it weren’t styled and staged as it is — the wallpaper, gilding, and floor coverings hurt my eyes, and I’m sure I’m not alone. This will sell, but you’re looking at a small buyer pool at this price point and style.
Also, the location is excellent in terms of neighborhood and centrality, but it lacks the huge views you get a block or two away.
It’s a beautiful house, but the lot is relatively small and the house sits pretty much next to the street, diminishing privacy.
UPDATE: The asking price for the crown jewel of Piedmont has just been reduced another $770K to $5.98 million and roughly $1,291 per square foot.
UPDATE: Crown Jewel of Piedmont Now Listed for $2 Million Less