Purchased for $6.495 million in April of 2016, the 5,493-square-foot “Light House” condo at 651 Dolores Street, one of four condos within the converted Second Church of Christ Scientist, across from Dolores Park, returned to the market in August of 2017 with a $6.795 million price tag.
“Call agents re: sale with Bitcoin or Ethereum!!!” was added to the listing prose in July of 2018, at which point the list price for the unit had been reduced to $5.995 million, which would have translated to around 895 Bitcoin at the time.
Further reduced to “$5.195 million” in June of 2019 and briefly in contract before being withdrawn from the MLS, 651 Dolores was “listed” anew for $6.495 million twelve days ago and has closed escrow with an “over asking” contract price of $6.496 million, up 0.01 percent on an apples-to-apples basis since the second quarter of 2016.
The Case-Shiller index for Bay Area condo values is up 18.7 percent over the same period of time. And those aforementioned 895 Bitcoin would be worth $38,546,755 as of a few minutes ago.