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Articles Filed Under: RealRecentReductions

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Restaurateur’s Estate Fetches Less Than 50% of Original List

Restaurateur’s Estate Fetches Less Than 50% of Original List

As we outlined in July of last year, the 6,000-square-foot “Villa Cucina,” which sits on 40 acres of prime Napa Valley land, was built for Pat Kuleto, the famed San Francisco restaurateur, back in 1995. The centerpiece of the rustic five-bedroom home is an oversized kitchen designed by Kuleto... Read More »

Renovated Beaux-Arts Beauty Hasn’t Moved Despite Big Cuts

Renovated Beaux-Arts Beauty Hasn’t Moved Despite Big Cuts

Purchased for $9.75 million in August of 2016, the interior of the fully renovated Nob Hill home at 1230 Sacramento Street has since been made over by Jonathan Adler, blending “the timeless and elegant original architectural details” of the Beaux-Arts residence, which was designed by Arthur J. Laib and... Read More »

Listings Down in San Francisco, Sales Too

With new listing activity in San Francisco having dropped over 30 percent on a year-over-year basis over the past six weeks, the net number of homes for sale across the city is still 40 percent lower than at the same time last year, but with 50 percent more homes... Read More »

Penthouse Shells Finally Trade, One Intended as a Flip

Penthouse Shells Finally Trade, One Intended as a Flip

Originally priced at $11.495 million, to which a $1.55 million “buildout incentive” was subsequently attached, prior to a series of outright price reductions, the sale of the 5,700-square-foot penthouse shell #41A atop the LUMINA tower at 201 Folsom Street has finally closed escrow with a contract price of $6.0... Read More »

In the Heights of Eureka Valley

In the Heights of Eureka Valley

Redeveloped in 2018, as was the single-family home at 335 Diamond Street next door, the two-unit building at 333 Diamond returned to the market in 2019, listed as a 5,190-square-foot single-family home, with a “legal unit/guest quarters, equipped with its own kitchen private entry for friends and family”... Read More »

Serenity Estate Finally Trades at 60 Percent Below Original Price

Serenity Estate Finally Trades at 60 Percent Below Original Price

Custom built 14 years ago, the 101-acre Alamo estate at 10 Serenity Lane is centered around a nearly 13,000-square-foot “chateau,” with a state-of-the-art, 12,000-square-foot car barn/museum that can accommodate up to 20 cars; a 1,600-square-foot pool house with a one-bedroom apartment; an eight-acre gentleman’s vineyard with mature vines; and... Read More »

Restored “Mayor’s Mansion” Reduced, Still on the Market

Restored “Mayor’s Mansion” Reduced, Still on the Market

The storied Liberty Hill home at 3690 21st Street, which sits on a nearly 6,000-square-foot, camouflaged corner lot and was built as a party/guest house for San Francisco Mayor James “Sunny Jim” Rolph in 1930, was purchased by Frederick Roeber, who was a graduate of the California Institute of... Read More »

Infamous Sea Cliff Mansion Suddenly Listed for $2 Million Less

Infamous Sea Cliff Mansion Suddenly Listed for $2 Million Less

While slated to be foreclosed upon, again, next month, the courthouse auction for the infamous seven-bedroom home at 224 Sea Cliff Avenue was canceled the day after we highlighted it and the notice of default on the property, which was issued by a senior lender in February, has now... Read More »

Modernist Architectural Masterpiece Fetches $1,381 Per Foot

Modernist Architectural Masterpiece Fetches $1,381 Per Foot

Designed by Zack | De Vito and custom built for a client on the site of a former Mission District shack warehouse conversion in 2002, the modern three-bedroom, 3,210-square-foot home with a legal au pair studio on its ground floor at 3524-3526 19th Street hit the market priced at... Read More »

Number of Homes on the Market in San Francisco Ticks Up

Number of Homes on the Market in San Francisco Ticks Up

With the number of homes that were newly listed for sale in San Francisco having outpaced the number of new purchase contracts that were written over the past two weeks, the net number of homes on the market in the city has ticked up 9 percent to 970, which... Read More »