Built in 2015, with 11-foot ceilings and city views, the contemporary 2,392-square-foot home at 1411 Hudson Avenue hit the market this past April listed for $1.995 million or roughly $834 per square foot.
And the sale of 1411 Hudson has just closed escrow with a $1.9 million contract price ($794 per foot), making it the most expensive home sale on record in Bayview.
That record doesn’t include the Albion Castle at 881 Innes Avenue, which sold to a mortgage banker for $2,090,000 in 2005, was remodeled and renovated (including the addition of a $10,592 toilet throne), returned to the market in late 2009 asking $2,950,000 and resold for $820,000 in November 2011, as the castle is technically outside of Bayview and within the boundaries of Hunters Point.
what in the world was this person thinking…
Prison chic. Love the astroturf and utility meters out front.
Ok fine, but it will be awhile before the rest of the neighborhood gets up to your speed. Just sayin’
Isn’t the house right next door identical? Wait til someone picks that one up for less.
On their website they advertise that the new Warriors arena and Uber HQ are “nearby.” Ha! Those are at least 2 miles away. Just like the Tenderloin is “nearby” Golden Gate Park.
Good print by the developer. Looks like the twin brother lot next door at 1415 just got a nice comparable sale.
This reminds me of the crime-don’t-climb discussion of some years ago, though I don’t know if it holds here.
This looks like a much different block than much of the Bayview. Still fancy price though.
It’s literally one block away from the projects…which are on top of a hill. Someone got shot right down the block from this place, last week. Someone else was shot dead just last night, a few blocks away. “Crime don’t climb” doesn’t apply everywhere.
wonder how the drain pipes from top floor half bath got “down?” i’m guessing possibly diagonally just-under-the-stairs, towards the master bath.
I love the exterior drains, which flow onto the neighbor’s property!!
kinda sexy overall if you like the white white and then more white thing…..but woulda been tempted to lower the cupboard soffit and or run another cupboard line atop
Is the fridge in the closet?
Fridge pulls out. 4 compartments. Very high end
Imagine having to pull out 6 different drawers every time you want a soda
Ah. Hmmmm. Seems kinda short on cabinet space then. Guess that’s why there’s a pantry.
Wow…and not in a good way. A considerable amount of wasted space with the excessively-large foyer on the second floor and wasted hallway space.
Not true at all. The foyer was not too big and the layout enables a master bedroom that has an indoor-outdoor vibe.
The flow inside the home is actually quite nice. In size, finishes, flow, and scale. They did a really nice job. Perhaps you should visit a property before passing judgement.
You can’t call this place Sucka Free anymore, that’s for sure.
The panel facade – which is becoming to popular in single family homes – looks real cheap. Stucco would be better.
It is stucco…
With architecural line breaks to stop the stucco from cracking.
It’s surely a steep price for this part of town, but most newcomers don’t have the negative association with the Bayview as some locals have. The place is relatively close to SOMA, has an amazing view of downtown, good transport connections and a nice park nearby.
A good number of high-paying jobs are coming to the Dogpatch (Uber HQ, the Exchange on 16th, further UCSF expansion etc.) and it will be a pain to commute there from the Noe’s, Marina’s and Richmond’s of this City. Of course there is a lot of residential development on the way (Mission Rock, Pier 70), but the top earners will always look for SFHs and there are simply not that many on the market in Potrero Hill, the Mission and Bernal.
IMO real estate in the Bayview has the most upside potential in SF. The tipping point for the Bayview will come in early 2020 at the latest, as the Uber HQ, the Warriors Arena, the Central Subway are all scheduled to be finished in late 2019.
Don’t hold your breath on Uber…with it’s recent $700M loss.
Locals have a negative association because they know what’s it’s like there. Just like when local DC residents warned me about neighborhoods to avoid when I moved there. Also, perhaps if SF had a more robust mass transit system it wouldn’t be such a hassle to get to all those high-paying Dogpatch jobs from not just Noe and the Marina, but from other parts of the Bay Area.
Do the folks who comment on this site really KNOW what it’s like in Bayview/HP or is it something they’ve heard from others and taken at face value?
As a 17-year resident, yeah I do. I also check the SF crime site and read/watch the news.
As far as this ugly, cold prison like house? Win win seller, buyer deserves all they got. Market is slipping, bubble inflating, market about to bust, BIG. On the upside, that interior looks easy to clean…
As a builder, this design is way overdone. Its cold and fugly.
According to comments on this site, the bubble has been about to burst for ~3 years. Eventually the business cycle will turn, and I guess all of you will think you’ve been proven right. But at this point it really is a “stopped watch being right twice a day” kind of thing.
I visited this house. It was STUNNING. It felt like a 2 million dollar house, that’s for sure.
Wow, that’s not saying much for $2M.
Mark, I think AC has a vested interest in this or other properties in this area judging by his/her comments
That’s astute. I do I live in Bayview. But I mean really this house was amazing. It had recessed baseboards. I’ve never seen that before. It was meticulously crafted. The kinds of small details you don’t see in houses for twice as much in Hayes Valley. Maybe I am seeing it through rose colored glasses, my point is just that the house was pretty amazing.
And the cookie cutter home next to it? Equally amazing?
Title records indicate that 1411 and 1415 Hudson were purchased by one Antoine Crumeyrolle in 2010. Antoine Crumeyrolle (initials AC) is an agent with Vanguard.
Mr. Crumeyrolle – none of my business, but on this site commentators will say something unkind regardless of the outcome. Bravo on a good project. Don’t sweat the negativity here.
If that isn’t a defensive “plug” I don’t know what is. No justifying anything about this place at all. From the design to selling price.
“It had recessed baseboards. I’ve never seen that before. It was meticulously crafted. The kinds of small details you don’t see in houses for twice as much in Hayes Valley.”
Seriously?
Glad that I’m not the only one who thinks that.
Antoine Crummeyrolle? That’s a great name. But it’s not me, I swear.
Look the bottom line is that I saw the house and it was awesome. And the cost of putting in recessed baseboards has got to be exorbitant on a unit this big. It’s only a few blocks away from the Dogpatch. This was an astounding house. The cost of materials alone has to be exorbitant. The view is amazing. And in less than a minute you’re in the Dogpatch. I don’t know what’s wrong with all of you.
It’s true that I own a place not too far away so obviously I want this to be a success. But there are other houses for sale further down third for around a million. The quality of this is beyond the pale.
The price was justified when you consider San Francisco real estate on the whole. In any other neighborhood $2 million would not get you anything even remotely close to this house. That’s all I’m saying. I mean what, would it be OK if it was 1.5 million or 1.6 million? This is brand-new construction with outstanding views very high ceilings and an amazing layout. Jeez.
My exact thoughts as well. There seem to a few of these fugly houses on the block.
I love the layout on this place. 4 outdoor spaces. A very private master. Two identical kids bedrooms. Looks just perfect for a family of 4.
Seems odd though to have a big interior courtyard and open nothing to it.
Wow. I was born and raised in SF, having lived and owned homes in the Sunset, Parkside, Mission, Noe Valley, have to say that most of the people who buy in Bay View are rather unfamiliar with the City. It took quite some time for the Mission to somewhat “gentrify” but it’s still a work in progress with crack heads pooping in between cars and entryways. The TL is going to forever be the TL no matter how much lipstick you put on it. Bay View/Hunters point…people, let me tell you. You cannot change a neighborhood by putting up a hip restaurant or venue overnight. It’s going to take a mass socioeconomic divergence or natural disaster to completely rid of the car/home burglaries/muggings/rando-crime. My parents came here as immigrants and lived (very briefly) in BayView/HP, and they quickly found refuge on Post Street next to Jtown. Feeling safe while walking home from the Muni at dusk will be challenging.
I hope that this area improves, but I personally would not want to raise my children there at this moment in time. I think a lot of times realtors and investors try to put a spin on their products. I’m not trying to contribute to the stigma, but if I had a friend looking to buy real estate in the area, I would let them know that they’d be better off buying a TIC or condo in a much better neighborhood.
Agreed. For $2M you can buy a really nice home elsewhere.
All true. Brings to mind the old real estate adage that you don’t want to buy the best house in a crummy neighborhood. Better to buy the worst house in the best neighborhood.
I get that buying in early in a fast-gentrifying neighborhood can pay off (did for us when we bought in the lower haight in the late 90s). But you want the starting point to be at least a pretty good neighborhood so you’re not banking on gentrification that may never come to pass. And you don’t pay already-gentrified prices.
I actually didn’t mind the lower Haight in the 90’s when I went to visit a friend. It was slightly sketchy, but at least you could call out for help and someone would be around in an earshot to at least bear witness. Plus it’s kinda close to Alamo Square so it’s not totally out there.
The sort of stuff in the BV/HP when it happens, it happens without anyone giving a care because when in Rome… I remember taking a wrong turn after a Giants game at the Stick in the 90’s, getting my beater Acura pegged with rocks off Ingalis street. After reporting it to the police when getting home for insurance purposes, I remember the cop telling me, “well, you were in HP, what do you expect to happen? Luckily it was just rocks flying at your car”
Completely agree. We really liked the lower haight just as it was 18 years ago. Sketchy, yes, but not unsafe (our kids were walking by themselves to the store at age 6). Dumb luck that it kept getting nicer and nicer, and our place appreciated a ton. I wouldn’t have minded if there was not one iota of gentrification. But buying on the assumption of gentrification, and paying as if that gentrification has already occurred rather than being years (or never) in the future, is not a smart move imho. For $1.9 million, I don’t want to have to worry about making it home in one piece should I get off muni at 11:00 pm.
Also, I had friends during their internship/residency years in medicine find cheap places to stay only to move out of BV the following years in the late 90’s and early 2000s.
This is not about putting in ‘a hip restaurant’. This is about the following factors:
1) You will get around 30’000 new units in this part of town, increasing the population by 50%! That’s your large socio-economic change right there.
2) The prices for SFHs in the Bayview of 700k-800k are already at a level that requires a six figure annual salary. For the good and the bad of it, gentrification is already happening. In 3-5 years, the place will look very different than what it does today (and has in the past).
3) Crime rates have come down significantly since the 1990ies or even 10 years ago. While it’s still a rough neighborhood, it is probably safer today than the Lower Hayes was in the 1990ies.
Well, I was admittedly being a bit flippant, but the general factors about building condos en masse is that you don’t necessarily negate or decrease the common denominator of a neighborhood by selling new units.
I have a condo in the Mission (purchased late 1990’s) close to 16th and Mission because it’s so convenient and fun for a young couple, but that place is what you get and you don’t necessarily change the riff-raff in the area so easily. Your socio-economic change doesn’t happen by forcing more units at a higher price point is my point. But, I get what you are saying. I’m just letting you know from experience of living/owning in the city.
Can you give me data about the crime rates, because that can fluctuate given the economic climate and jobless rates. I highly doubt, however, your claim about lower Hayes (Haight)’s safety rating when compared to BV/HP. I just people don’t live in a bubble or become insular in the way of thinking when it comes to community
HP/CP will have 10K new units when built out in 30 years. Where are the other 20K coming from? Even adding in Mission Rock and Pier 70 (which are not really in the area) you get less than another 5K units.
Sorry, I mixed it up. Dave is right. There will be 10k new units +India Basin. The 30k is the expected population growth. I believe it is still 50% of the Bayviews current population.
All the above is so far off its unreal. Population in SF has been around 750,000 for 25 years.
The rest, irrelevant
Actually it was 50 years, not 25. 775,000 in 1950 and 775,000 in 2000. Since then, though, it’s changed. Today it’s 870,000.
You people should be ashamed of yourselves. I’ve lived in 6 neighborhoods in 13 years in SF. Bought a house a block away from subject property 2 years ago. Our neighbors LINED UP to meet us, hug us, and give us food to welcome us to the neighborhood. We know nearly everyone on the block who speaks English and a dozen or so folks on the same block as this house. We’ve had people ring our doorbell past midnight — twice — once to tell us our door was open on the car and again to tell us our dome light was on and they didn’t want the battery to die. This neighborhood gets a bad rap. There are certainly pockets of severe blight, but by and large, this is a working class neighborhood of immigrants who work hard and look out for each other. Out of the Mission, Haight, Castro, Hayes Valley, and Bernal Heights, Bayview has my favorite people…and hopefully we’ll have the abundant commerce soon enough.
Hahahahaha. Your favorite people? People who speak English? Talking about insular.
Oof. Lot of money for this neighborhood.
Thoughts on this particular house/neighborhood aside, as general rule I’d be very cautious about buying a place that’s about 2x the cost of a median home in a neighborhood.
Always best to buy a place that’s not an outlier. The Venn diagram of people who (a) want and can afford a $2m home and (b) are looking in Bayview is tiny fraction of the market. And finding comps is next to impossible.
Now the next buyer will have a comp, I guess. I’ve not been to this house and don’t know the neighborhood well. But I think lot of the comments here underestimate how hard it is to find a family sized house like this for less than $2M in the city.
You basically have three main components of value – both financial and what a buyer “values”. Location, size, and condition. Specific features such as views, patios, garage, vintage, etc. will also impact somewhat but not nearly as much as the top three above.
It is a trade-off that all buyers and renters for that matter consider in their decision. To have all three in the Bay Area means you are going to have to spend a fortune. So then it is a matter of the mix of these 3 plus elements that drive an exchange of money decision. Simple.
This buyer presumably valued space and condition very highly and location not as much. Though even then they did value location quite significantly…or they would have bought new construction in Walnut Creek or something far East Bay.
As far as Bayview…more and more 7 figure homes every week. Several sales should be posting soon and several new listings have hit the market. It is the natural progress. Basically impossible to buy a house for under $1m (without tenants) in any area of the city except the very southeastern section of district 10.
Bubble? Time will tell. Historically the market goes through about a 8-10 year cycle from trough to peak. We bottomed around 2011. 2017/2018 maybe, but I bet we go a few more years still. It WILL peak and go through the correction part of the cycle though. No doubt.
now its clear there is a bubble
That ‘bat cave’ garage door will come in handy. This is not a hood you’ll want to be out walking in after dark.