CFAH

Purchased by the former CEO and co-founder of Twitter for $2.4 million in early 2009, the finishes of the Owen Kennerly designed home at 313 Duncan Street were then further refined. And the upgraded Noe Valley pad was sold to an employee at Genetech for $3.2 million in August of 2013.

The contemporary interior of the four-bedroom home is open but compartmentalized, with an enviable roof deck off the pentroom and a detached one-bedroom, well-appointed cottage out back.

And 313 Duncan is now back on the market with a $4.695 million price tag. If you think you know the market in Noe, now’s the time to tell.

Comments from Plugged-In Readers

  1. Posted by TBK

    Surprisingly bland, or rather a mishmash of different types of blandness.

    And how do real estate agents get away without listing the square footage of a house. Especially one that’s been so heavily renovated / added to? It’s just plain dishonest.

    • Posted by GMZ

      Agreed! Need more transparency but the Real Estate lobby (like the Wall St and Lawyer lobby) is very powerful. The US hides its corruption well.

    • Posted by Fishchum

      Liability. With a home like this, there are probably conflicting sources for the square footage (tax records, architect) and they’ll usually leave it up to the buyer to investigate and determine the square footage for themselves, which isn’t difficult to do.

  2. Posted by Ohlone Californio

    I think it will go for near asking, and competition might even send it higher. This property checks a lot of boxes for a particular demographic, and the provenance is compelling. I can think of numerous arguably lesser properties that sold for similar prices in the more trying earlier months pandemic marketplace.

    • Posted by Ken m

      I don’t. This thing looks tiny

      • Posted by SocketSite

        As we outlined in 2009, 313 Duncan offers around 3,200 square feet of conditioned space (which includes the detached cottage/guest house/pandemic-perfect home office out back).

        • Posted by Notcom

          So the cottage is just one big room ??

          • Posted by SocketSite

            No. There’s a bedroom and bathroom as well.

          • Posted by Notcom

            Thank you; the bath, I assumed…the bedroom was less obvious.
            (I’ll skip the feeble attempt at humour of asking if there’s a ‘Pan[dem]ic Room as well’)

      • Posted by Mr. C

        We toured this home in 2009 and it felt very small. We never verified the floor plans or sq footage, but it felt more like a townhouse or condo. The master, actually all, bedrooms were super tight.

  3. Posted by jenofla

    I don’t know the market in Noe at all, but I’m going to say high 3’s. 4.1 max. Something about it just doesn’t feel like a 4.5+ house. It feels a bit cramped (furnishings don’t help) despite big windows…opening out to an underwhelming patio or neighbors. That cottage is amazing, but opens out to same patio. Something’s missing re: placement, environs, landscaping, even the views seem just not quite there.

  4. Posted by jimbo

    $3.87M

  5. Posted by Dinah Sore

    Here’s the thing about views in Noe Valley. Unless you’re up on hill, and have some trees for privacy, you’ve got all your neighbors looking in on you. I don’t think I’d like to plonk down $4M to be in my neighbor’s gaze. Truly unique views occur around here, however. Certain properties, on a hill east of Twin Peaks, are blessed with not only mature trees (rare in SF), but privacy (folks can’t build to the niorth, south, east or west) and unsurpassed 270 degree views. Now that I’d pay Big Bucks for!

    • Posted by sparky-b

      Yet plenty of people do pay over $4m for Noe valley. 32 of them in the last year. Amazing views without neigbhors isn’t what people buy in Noe Valley for. 1068 Noe just sold for $7.25m last month. Okay views in the top floor room only. Nice House in a nice neighborhood is what sells.

      • Posted by SocketSite

        At the same time, while more high-end homes have been developed, such as 1068 Noe, driving the “median sale price” and volumes up, the average price per square foot of the Noe Valley homes that have sold for $4 million or more has actually ticked down from 2018 to 2019 to 2020.

        To frame it on an apples-to-apples basis: Exceptional Noe Home Trades for Its 2016 Price. Or to take it down a notch, in terms of the price point: So You Thought You Knew the Market in Noe / San Francisco.

        Which brings us back to 313 Duncan.

        • Posted by Ohlone Californio

          Not according to the MLS. In terms of both volume and $/ft the trend is precisely the opposite for Noe Valley $4M and up sales. It was: 2020 29 sales $1287/ft, 2019 16 sales $1263/ft, 2018 12 sales $1245/ft.
          The apple you chose as an example is of course included in that data.

          • Posted by SocketSite

            We’re using recorded data but do exclude sales without a listed square footage rather than relying on tax data for recently redeveloped homes.

          • Posted by Ohlone Californio

            Indeed? Well, if you delved into the actual individual cases, and approximate lot coverage you would quickly understand the six non-listed sq ft entries only skew 2020 higher than the 2 non-listed entries from the previous years. Look at the floorplan of 457 Valley for example. You’ll see.

        • Posted by sparky-b

          okay if you say so, not on topic, but that’s fine.

          I guess I should have said. Plenty of people do pay over $4m for Noe, but although there were more of them last year they got a little more for their dollar than the 30 who paid over $4m in recent years

  6. Posted by Brisket

    How were they able to build that cottage right on the lot lines? Am I wrong that ADUs have to be four feet from the property lines? Maybe existing non-conforming shed?

  7. Posted by sparky-b

    4.4m

  8. Posted by sparky-b

    this closed

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