Articles Recently Tagged: Million Dollar Price Cut Club

(181 posts)
Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

As we first reported at the beginning of the year: Purchased by Nicolas Cage by way of an anonymous trust for $9.4 million back in 2006, the Russian Hill mansion at 898 Francisco Street resold for $8.5 million in July of 2008, which included the undeveloped lot fronting Hyde... Read More »

Crown Jewel of Piedmont Fetches $5.225 Million

Crown Jewel of Piedmont Fetches $5.225 Million

Having hit the market listed as “the crown jewel of Piedmont” for $7.25 million last year, the restored 5,700-square-foot Edwardian on a manicured half-acre lot at 117 Sheridan Avenue has just closed escrow with a $5.225 million contract price or roughly $908 per square foot. And having been reduced... Read More »

$2.5 Million Cut for Landmark Presidio Heights Home

$2.5 Million Cut for Landmark Presidio Heights Home

Having hit the market in July priced at $16 million, as we first reported at the time, the asking price for the Landmark Presidio Heights home at 3500 Jackson Street which was designed by Bernard Maybeck and built in 1909 has just been reduced by $2.5 million (15.6 percent)... Read More »

Menlo Park House of Light Reduced Another Million

Menlo Park House of Light Reduced Another Million

Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot seven years ago, the award-winning “House of Light” at 625 Hobart Street hit the market early last year priced at $8.5 million or roughly $1,690 per square foot. Reduced to $6.8 million at... Read More »

$1.5 Million Price Cut for Hidden Glen Park Estate

$1.5 Million Price Cut for Hidden Glen Park Estate

Having hit the market priced at $12.5 million last month, as we first reported at the time, the asking price for the massive Glen Park estate at 47 Chenery Street has just been reduced by $1.5 million (12 percent) to an even $11 million. In addition to a garden... Read More »

19.2 Percent Price Cut for Designer Noe Valley Pad

19.2 Percent Price Cut for Designer Noe Valley Pad

Priced at $6.8 million or roughly $1,420 per finished square foot at the beginning of the year, the list price for the designer five-bedroom home at 4352 26th Street was reduced to $5.995 million in May and the property was re-listed with an official “1” day on the market... Read More »

Big Cut for Former Yahoo Exec’s Silicon Valley Perch

Big Cut for Former Yahoo Exec’s Silicon Valley Perch

Having hit the market priced at $12.4 million five months ago, the nearly 8-acre Woodside estate owned by Yahoo’s former Chief Marketing Officer has just been relisted anew for $10.5 million. Dubbed “The Perch,” the compound at 835 La Honda Road includes over 7,000 square feet of finished space,... Read More »

Restoration Hardware Residence Finally Fetches $7.55 Million

Restoration Hardware Residence Finally Fetches $7.55 Million

The sale of the first (and perhaps last) “Restoration Hardware Residence” at 347 South Crane Avenue in St. Helena has closed escrow with a $7.55 million contract price. Purchased by the CEO of Restoration Hardware, Gary Friedman, for $5.9 million in 2013, the wine country estate, which includes a... Read More »

Woodside Estate Drops to 34 Percent of 2012 Price

Woodside Estate Drops to 34 Percent of 2012 Price

As we wrote earlier this year: Originally marketed by Sotheby’s for $47.5 million in 2012, the 3.4-acre Woodside estate dubbed “Woodhaven Manor” at 700 Kings Mountain Road – which was built in 1988 and includes a 12,000-square-foot main home, a 1,200-square-foot carriage house and a 1,000-square-foot guest house –... Read More »

Big Cut for Approved Development in the Tenderloin

Big Cut for Approved Development in the Tenderloin

Purchased as an un-entitled Tenderloin parcel for $1.6 million three years ago, plans for an eight-story, market-rate building with 23 sub-500-square-foot residential units to rise on the 430 Eddy Street site were approved by the City early last year. Two months later, the now “Fully Entitled!” site returned to... Read More »