Priced at $45 million last year, which was misreported by some as being “the most expensive home ever listed” in San Francisco, “Residence 950” at 950 Lombard Street – which now offers around 9,500 square feet of rather spectacular living space spread across a 15,700-square-foot Russian Hill lot with sweeping views and a cantilevered pool – has just been relisted anew with a reduced $40.5 million price tag.

In addition the five-bedroom main residence, which is connected to an underground art gallery/sports court and a four car garage, the property, which was speculatively developed over a six year period by Troon Pacific, includes a one-bedroom guesthouse/spa and an outdoor entertainment center, lawn and dining areas.

And yes, the residence is now LEED Platinum Certified as well.

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Comments from “Plugged-In” Readers

  1. Posted by egad

    That a 9,500 square foot single family home can be certified as LEED Platinum shows that there is something dreadfully wrong with LEED as a measure of sustainability. There should be a maximum square footage per unit beyond which points are deducted and the maximum level of certification drops substantially. On a per square foot basis the home may not consume a ton of resources, but on a per household-basis it must be exorbitant. A run of the mill 1,000-sf unit for a household that probably can’t even qualify for LEED certification probably has a lower environmental footprint in all regards that this greenwashed behemoth.

    • Posted by Notcom

      I agree with you in principle but ….
      I mean one doesn’t get a tax credit, or any other thing of value (other than bragging rights) from the designation, do they? I suspect practically every metric of “do-good”ness is taken over – and ruined – by virtue-signallers even before we’re aware of them

    • Posted by c_q

      yeah, LEED certification for a SFH of this size is like converting your hummer to run on a hydrogen fuel cell.

    • Posted by Maya

      LEED is a joke. It always has been.

  2. Posted by JayJay78

    Maybe Bernie Sanders should buy it. He’s hella rich now.

  3. Posted by Greg Mission

    Why build new construction that is half modern exposed concrete and half traditional shingle facade? Pick a style and stick with it!

    Also, at $40M and you couldn’t afford flush mount solar panels?

    • Posted by SocketSite

      The shingled portion of the home, which was renovated and expanded by way of the modern addition below, is technically a pre-existing historic resource (which was a point of contention during the redevelopment of the site).

    • Posted by jlasf

      It’s actually a clever solution to a thorny problem. How do you greatly expand a house that is protected?
      Keep the house, but put a modern house underneath it. Pool is amazing. Don’t quite get all the gallery space, but it could be a nice indoor polo field.

      • Posted by Mark F.

        I actually really like this place. Would be a great party house. But I think it’s still way too expensive.

    • Posted by Goober

      If you mean solar panels flush with the roof line, California fire code does not allow for that. And if you mean solar shingles, that is something Tesla has yet to deliver on.

      I used to work in solar in SF and it’s pretty clear that they maxed out this roof with solar. Plus they likely needed as much PV as possible in order to achieve LEED platinum.

  4. Posted by SanFranJosh

    This property was vastly overpriced from the beginning. It’s hard to tell who was greedier: the seller or their original listing agent. Now that the market is turning, I hope the seller is prepared to sit on this for 3-4 years until the next recession is over. Do you think there’s anyone who’d rent this for $50,000/month in the meantime?

    • Posted by EBGuy

      Four years is about when you start to lose hope. Does no one remember the 1990s?

    • Posted by Ohlone Californio

      You say, “now that the market is turning.” What is it that you see to make you feel that way?

  5. Posted by James Cox

    I have never seen a more beautiful residential vantage of San Francisco.

  6. Posted by kyle

    Have fun with the tourists sitting in the middle of the street gawking at Lombard St.

    • Posted by jlasf

      I live on Lombard. There aren’t that many tourists and they get out of the street. Not a problem.

  7. Posted by socketome

    A First Bay Tradition house on top of 60’s concrete parking garage.

  8. Posted by Sal Minella

    We have to chuckle at this crazy real estate market in SF. This “schloss” reminds us of our neighbor’s 3 storey, 5600 square foot home on a double lot with sweeping views of downtown and Mt Sutro. They are never there, having just bought another new property down south. It is sitting empty, just begging for some wealthy techie or rich millennial to come and buy it. We suspect it will hit the market soon for well over $10 million. Egads is right!

  9. Posted by Dinah Sore

    Zuck or Benioff should buy it as a “crash pad” for their stressed-out management team!

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