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Articles Recently Tagged: Million Dollar Price Cut Club

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Auctioned Estate Resells “Well Below Appraised Value”

Auctioned Estate Resells “Well Below Appraised Value”

Marketed by Sotheby’s with a $47.5 million price tag back in 2012, subsequently reduced a number of times and listed for as little as $15.99 million in late 2017, “Woodhaven Manor” – which was built in 1988 and includes a 12,000-square-foot main home, a 1,200-square-foot carriage house and a... Read More »

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 »

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 »

Muted Appreciation for a Modern Statement Home in the Mission

Muted Appreciation for a Modern Statement Home in the Mission

Purchased for $6.85 million in October of 2016, the modern 4,665-square-foot home at 50 Oakwood Street in the Mission returned to the market priced at $8.35 million this past April, a sale at which would have represented total appreciation of 21.9 percent over the past 4.5 years or just... 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 »

A High-End Pad Fetches Eight Figures Under Its Original Price

A High-End Pad Fetches Eight Figures Under Its Original Price

Having undergone an extensive renovation by The Wiseman Group back in 2006, the nearly 9,000-square-foot mansion at 2590 Green Street, on the border of Cow Hollow and Pacific Heights, returned to the market priced at $32 million in October of 2019. “Meticulously designed to capture the essence of inspired... Read More »

Apples-to-Apples for a Pac Heights Home (With Bonus Plans)

Apples-to-Apples for a Pac Heights Home (With Bonus Plans)

Having “slashed” its list price from $7.9 million to $6.9 million in the second quarter of 2017, the five-bedroom, 4,200-square-foot Pacific Heights home at 2727 Vallejo Street, “just below the coveted Gold Coast,” ended up selling for $6.0 million that July. In addition to offering “a rare blend of... Read More »