Purchased for $2.6 million in August of 2014 and then completely remodeled by Plath & Co, with an emphasis on preserving the home’s historic details and craftsmanship while adding luxury conveniences and finishes, the 2,400-square-foot, single-family home at 3020 Scott Street, “in the heart of Cow Hollow,” sold for $4.255 million in August of 2018.
The 3-bedroom home is outfitted with numerous built-ins, a high-end kitchen with access to the back yard, a lower-level family room and full bath (or fourth bedroom suite), and a one-car garage.
And having returned to the market priced at $3.98 million in June, reduced to $3.68 million in September and then dropped to “$3.38 million” two weeks ago, a sale at which would be considered to be “at asking” according to all industry stats, the Cow Hollow home is now in contract.
If you think you know the market for single-family homes and Cow Hollow, now’s the time to tell. The Case-Shiller index for Bay Area single-family home values is up 4.0 percent over the same period of time. And yes, the “median sale price” is up as well.