Extensively remodeled in 2015, the Presidio Heights home at 145 Presidio Avenue was listed for $7.495 million in April 2019 and sold for $7.2 million that June.

While maintaining a formal dining room, living room and family room, the stately home is now outfitted with an airy chef’s kitchen with a built-in breakfast nook and direct access to the landscaped rear yard and gated driveway/garage, with four en-suite bedrooms above and a lower level entertainment room below.

And having returned to the market listed for $7.495 million last month, a sale at which would have represented total appreciation of 4.1 percent over the past two years, the resale of 145 Presidio Avenue has just closed escrow with a contract price of $8.0 million, representing total appreciation of 11.1 percent since the second quarter of 2019 for the above-average home on an apples-to-apples basis.

The index for Bay Area (“San Francisco”) single-family home values was up 14.0 percent over the same period of time.

Comments from Plugged-In Readers

  1. Posted by Panhandle Pro

    Very nice remodel. Most Pac Heights / Presidio Heights mansions should be upgraded in this more contemporary style, rather than the ultra-modern “white box” look that drives the commenters wild.

    • Posted by sf

      Kind of ironic that the exterior is literally a “white box”

      • Posted by Zac

        The whole place is still plenty white but I agree. It’s modern without feeling too “ultra-modern.” It looks pretty good.

        • Posted by Panhandle Pro

          Exactly. White is in, white is modern, and this remodel checks that box for people. However they did it using a contemporary style. I wonder if “white contemporary” will become more popular. It’s a nice hedge.

  2. Posted by soccermom

    Beautiful home!

  3. Posted by MarinaBoy

    Beautiful House!

  4. Posted by MyOddCommentHandle

    Well done. Befitting.

  5. Posted by Notcom

    The Dining Room leaves me cold; I realize carpets/rug are generally avoided there for sanitary reasons – or at least that’s an excuse – but it makes for a very sterile environment; I picture an olive falling to the floor and promptly rolling out of the room (and I can’t say that I’d blame it !)

    • Posted by Chris

      The situation is very easily resolved by just putting down a rug. Many older homes have hardwood floors in the dining room that traditionally would be covered by a large rug—if you can afford an $8 million home, you can easily afford a nice dining room rug. For staging purposes they likely left a rug out to avoid choosing a color/pattern that might turn a potential buyer off.

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