Purchased for $13.075 million in December of 2015, the nearly 9,200-square-foot, Albert Farr designed “Beaux Arts-era masterpiece” at 2660 Scott Street, “in one of the City’s most sought-after and vibrant historical neighborhoods” (Pacific Heights), returned to the market priced at $19.200 million in October of 2020, with a few-hundred-thousand-plus dollars of work having been done in between, including a remodeled kitchen, new powder room and the installation of new steel moment frame.

Relisted to $18.500 million in the fourth quarter of 2021, reduced to $17.500 million in the first quarter of last year, reduced to $16.500 million last November, relisted for $16.500 million at the beginning of this year and then reduced to $14.950 million in April, a sale at which would now be considered to be “at asking” according to all industry stats and aggregate reports, and with only 176 days on the market, at least officially, the 7-bedroom Pacific Heights Bay View Mansion, with an 8-car garage accessed via Vallejo, home is now in contract.

If you think you know the high-end market in San Francisco, now’s the time to tell. Keep in mind that the frequently misreported index for single-family home values in San Francisco is “still up nearly 60 percent!” over the same period of time, having dropped 11 percent over the past year, not accounting for the value of any improvements between.

One thought on “If You Think You Know Pac Heights, Now’s the Time to Tell”
  1. Van Acker did the new kitchen/bathroom/frame. Would guess it was closer to a seven figure job than six.

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