Purchased for $1.825 million in June of 2019, prior to the pandemic-era squeeze, the updated 1,554-square-foot, single-family home at 15 Winfield Street, a North Slope Bernal Heights home on “one of the [neighborhood’s] best blocks,” returned to the market priced at $1.795 million two months ago, positioned for an “over asking” sale.

“Combining charm and sophistication,” the two-level home offers a flexible floor plan, “ideal for entertaining,” with a flowing main floor, two en-suite bedrooms, a third bedroom/office, garage, and multiple decks.

In contract after just a month on the market, the resale of 15 Winfield has now closed escrow with a below asking contract price of $1.735 million, down 4.9 percent on an apples-to-apples basis, below its 2019 value, having erased any pandemic era gains and despite the fact that the widely misreported index for “San Francisco” home values is “still up 29 percent!” over the same period of time.

3 thoughts on “Updated Bernal Heights Home Trades Down”
  1. I lived on Winfield and can attest that is not one of the best blocks. The street is an extremely narrow one way plus very difficult to safely navigate. Both prices are IMO overvalued.

  2. By contrast (?) on Bernal Heights’ north slope, 106 Cortland, purchased for 3.4m in August 2020, traded last month for 3.9m, representing an appreciation of thirteen percent in three years, and about $1300/sqft for a really beautiful piece of view property.

    [Editor’s Note: Coleridge, not Cortland, and for which a potential apples-to-oranges flag was tripped (with the bedroom counts between sales having changed and interior images password protected).]

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