Articles Filed Under: RealRecentReductions

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Another Million Dollar Drop for Rare Pac Heights Parcel and Plans

Another Million Dollar Drop for Rare Pac Heights Parcel and Plans

As we outlined this past November: The Pacific Heights parcel and approved plans for a modern 6,800-square-foot home to rise on the 2921 Vallejo Street site, which were drawn by John Maniscalco Architecture and the subject of both a confidentially settled lawsuit and unsuccessful Discretionary Review (DR), hit the... Read More »

Number of Homes Listed for Sale in San Francisco Starting to Climb

Number of Homes Listed for Sale in San Francisco Starting to Climb

Muted by the holiday weekend, the net number of homes on the market in San Francisco (615) was relatively unchanged over the past week but remains 28 percent higher than at the same time last year, 76 percent higher than at the same time in 2015 (350) and a... Read More »

Dolores Heights View Home Drops Below its 2014 Price

Dolores Heights View Home Drops Below its 2014 Price

Touting its location, location, location on “one of the most coveted blocks in Dolores Heights,” a block and a half from Dolores Park, the “one-of-a-kind home” at 352 Cumberland Street, which totals around 2,800 square feet (including two vacant studio units which front the street), was purchased for $3.75... Read More »

Rock Star’s Second Sea Cliff Home Finally Fetches $11.7 Million

Rock Star’s Second Sea Cliff Home Finally Fetches $11.7 Million

Having hit the market in December of 2016 listed for $16 million, the 5,200-square-foot home hidden behind the privacy wall at 320 Sea Cliff Avenue, which was purchased by Metallica’s lead guitarist, Kirk Hammett, for $8 million in early 2010, has finally sold with a contract price of $11.7... Read More »

Stunning Russian Hill Apartment Now Listed for $2.5 Million Less

Stunning Russian Hill Apartment Now Listed for $2.5 Million Less

As we detailed in the third quarter of last year: Purchased by an art collector for $1.55 million in August of 2003, the 3,070-square foot Russian Hill cooperative unit #6 at 947 Green Street was gutted and completely transformed into a stunning “European-Deco inspired masterpiece” with views by LeavittWeaver.... Read More »

Modern Silicon Valley Mansion Now Listed for Nearly $5 Million Less

Modern Silicon Valley Mansion Now Listed for Nearly $5 Million Less

Having been priced at $29.8 million early last year, touting nine Feng Shui selling points (including that the “grounded nature of the home will allow the owner to expand their income”), the list price for modern Atherton mansion at 96 Ridge View Drive was reduced to $27.8 Million in... Read More »

28 Percent Cut for Famed Restaurateur’s Wine County Estate

28 Percent Cut for Famed Restaurateur’s Wine County Estate

Built for the famed San Francisco restaurateur, Pat Kuleto, in 1995, the 6,000-square-foot “Villa Cucina” sits on 40 acres of prime wine country land, 4.5 acres of which are planted with mature Cabernet, Zinfadel and Muscat vines. As one would expect, the centerpiece of the rustic five-bedroom home is... Read More »

50 Percent Price Cut for Newly Remodeled Pac Heights Mansion

50 Percent Price Cut for Newly Remodeled Pac Heights Mansion

Purchased out of foreclosure for $2.525 million in 2013, the “grandly proportioned circa 1898 Victorian mansion” at 1945 Franklin Street, on the eastern edge of Pacific Heights, has since been “stunningly re-imagined for a modern 21st century lifestyle.” Now measuring nearly 7,000 square feet of finished space, versus closer... Read More »

Price Cuts for ‘Rarely Available,’ yet Almost New, One-Bedroom

Price Cuts for ‘Rarely Available,’ yet Almost New, One-Bedroom

Priced by the sales office at $1.25 million in January of 2017, the sale of the one-bedroom unit #18D within the new Lumina tower at 201 Folsom Street closed escrow with a contract price of $1.235 million that March. This past August, the 876-square-foot unit returned to the market priced... Read More »

Price Cuts Up, Pending Sales Down in San Francisco

Having ended 2018 with around 36 percent more homes on the market in San Francisco than there were at the end of 2017, which is right in line with the trend we’ve been tracking over the past couple of years, the number of homes currently in contract to be... Read More »