Ghosts of Sunset Past: The Moss Flats

Imagine an Outer Sunset made up entirely of sand dunes, streetcars repurposed as oceanfront homes and clubhouses, bohemians having all-night parties that include midnight swims in the icy Pacific and this:

Charles Depew, late of Saginaw, Michigan, built 1626 Great Highway in 1908, minus an architect but likely inspired by Bernard Maybeck. The three-flat building, known as “The Moss Flats,” has survived long enough to join the National Register of Historic Places, decades after the last of its colorful, ramshackle neighbors dissolved into dust. It’s on the market, listed for $1.349 by similarly old San Francisco school agency Barbagelata.

Outside are the maybe-Maybeck-inspired shingles; inside are three two-bedroom tenant-occupied flats decorated in surfer chic:

1626_GH_2_100913

Plus ocean views from the top-most unit. Longtime owners, plus longtime rental units, plus longtime exposure to salty ocean air may be a caveat in this case, but assuming the owner of the last standing evidence of Carville has no immediate plans to sell, this is your best chance to get into a pre-Doelger Outer Sunset historic property, steps from the beach and with a steady, proven income flow.

-Article by Larry Rosen: Contributing writer and San Francisco local sharing his thoughts with theFrontSteps.

 

John Muir Would Be Proud & Your Hipster Friends Would Be Envious

Nestled among old growth Redwoods practically smack dab in the middle of Napa and Sonoma, this property is your ticket out of the city, and into serenity.
redwoodrd

Picture yourself walking among old growth Redwoods, coffee in hand, the sound of a creek rustling by, deer crossing your path, sun shining through the towering trees, a warm breeze blowing by, and nobody around…for miles. No taxis, no buses, no trash, no fog, no nothing…just nature. Sounds great, right? Here’s the catch.

4520 Redwood Road, Napa, CA (45)

It needs work…quite a bit of work. BUT! With a little creativity, vision, and patience, 4520 Redwood Road, Napa could be made into your very own, unique, escape, different from all of your friends’ typical Napa or Sonoma Vineyard homes.

For $275,000 you could practically steal the property, tear down the structure, go minimal by throwing up a pre-fab,
enovo-modular-homes-1

or shipping container made mostly of glass, put your bathroom in the woods (surround it in glass too, nobody will see you), put a “Beware of Dog” sign on your very own bridge (even if you don’t have a dog), and live the life you simply can’t do here in San Francisco. Secluded. Away. Off the grid.

John Muir would be proud of you for escaping the city and living in the woods. Your friends would envy you. AirBNB or VRBO could fund you. And your hipster status would be off the charts!

And when you get tired of it…it’s only an hour’s drive to come back.

Ahh…serenity now…

-4520 Redwood Rd, Napa, CA $275,000 [MLS]

Coming Soon! 2191 32nd Ave, San Francisco – $785,000

It’s not everyday you come across a home like this in the Parkside (many simply generalize it at “The Sunset”) District of San Francisco. This home at 2191 32nd Ave has been meticulously maintained by its owner and will be coming on the market very soon. We’re in the final stages of touching it up, and it will soon hit MLS and be available for showings, so get your finances in check and get ready for a home like none you have seen in recent memory in this part of town.

This unique home built in 1933 has hints of Rousseau and Tudor styles all wrapped up in one. From the soaring dark wood beamed ceilings with original art details, the rounded (and functional) wood burning fireplace in the formal living room, to the crown moldings in the formal dining room, this is truly a home not typical of this location. All throughout the residence you will find tremendously detailed, and pristine hardwood floors. Upstairs is a formal dining room, remodeled kitchen, breakfast area with built in cabinets. Skylights and a center patio bring in natural light and fresh air providing a tranquil outdoor setting quite literally in the comfort of your own home. Also upstairs are two bedrooms, one original detailed bathroom with separate tub and shower (wait til you see the purple tile), large closets, and OCEAN VIEWS from the bedrooms that will keep you checking the surf all day long.

Downstairs is a large bonus room with beautiful hardwood floors, access to backyard and deck, full bathroom, a small kitchenette, and – hold on – a wood burning fireplace! This room would be perfect as either a master suite or family/entertainment room. There is also a laundry room on this level and access to the large two car garage.

Asking price is going to be $785,000 and we’re aiming to be on the market officially in two weeks time. If you have any questions, please do not hesitate to ask. If you’ve been looking for a home anywhere in the Avenues around Sunset Blvd, this is going to be the home for you.

-2191 32nd Ave, San Francisco, CA – asking $785,000 and on the market soon.

Northstar Ski Resort, Lake Tahoe Courting the High End Market in a Ski in/Ski out Paradise

Being a real estate writer has depressingly few perks. I don’t get free tickets to concerts or desert on the house at Michael Mina. The product I write about, you see, can’t really fit in a gift bag. Mostly, I get accused of being a Realtor (I’m not) or of being “in bed” with the NAR (which again, I’m not. That sounds exhausting, by the way.)

But two weeks ago this perk-less-ness changed. Together with several other writers from across the country, I was flown to Tahoe for an all-expenses-paid tour of/experience with Northstar’s new Home Run. Aptly named, the development is a system of homes built mid-mountain, far above the (pleasurable, but at times, overly popular) melee of the Village. No waiting in line for the lift, folks. The ski run awaits just a few steps from your back deck. Wake up, ski out. Sweet!

Still, sometimes when I see construction in the middle of a forest, no matter how spectacular that construction, I feel uncomfortable. You know this feeling?  Human guilt? But at least here, as with all Mountain Residences projects, East West developers aim for LEED certification for each home- and we were introduced to many trees (including my favorite, old “Grandpa”)  and rock formations that had to be protected, built around rather than pulled from the earth.

Construction with a conscience means I was better able to relax, take in my surroundings, which that day were sparkly- a cold blue sky setting the freshly falling snow ablaze, everything studded with tiny diamonds on fire. Between each of the Home Run residences lie trails, tunnels, and bridges- everything inter-connected.  It’s very exclusive-village-in-the-Alps:  charming architecture, soaring vistas, the hush of a thick blanket of snow.

Our group toured one model home, mostly complete, which you see pictured here. The view alone made me want to hide in the (huge! Sexy!) bathroom until everyone left so I could stay forever. So what if the water wasn’t hooked up yet? I had miles of it, frozen and pristine, for my private use right outside.

But we had plenty to look forward to, including a meal at the Ritz Carlton which also rests mid-mountain. Over course after course of carefully paired wine and cuisine (developed under San Francisco’s own, chef Traci Des Jardins), we learned that two of the custom home lots have already been purchased, one by a young “Silicon Valley tech” family (for some reason, I thought Zynga. Unconfirmed). We also learned what Northstar is doing to change its more “vintage” easy-going (read “affordable to the middle-class”) ski area image. Purchased by Vail (of Vail, Colorado), Northstar is in full luxury market upgrade mode, adding high –end shops, linking new developments with exclusive rights to the Ritz and Schaffer’s Camp, and planning to cut ski runs on Sawtooth Mountain whose verticality will do away, finally, with the “Flat Star” label.  Meanwhile, the wine and food kept coming. I was drunk on luxury.

The almost surreal opulence of it all was capped off by the gondola ride back down to the Village at Northstar, a full moon casting blue light over the snowy expanse.

Back home now, I offer you this story, and the skinny on Home Run, because if I had the money, I would buy in immediately. I can see Christmas up there with my parents and maybe the kids I’ll have one day. I can see a week there, just me and my man, in our hot tub sunk deep in the snow. I see summers on my bike, hiking with my dog, and many, many gondola rides to the Ritz.  And remember, I am just a real estate writer and teacher: not only can I actually not afford to buy one, I receive nothing if anyone else can and does, even if that person does so because s/he saw my story. And yes, East West wined and dined the writers. But that was two weeks ago. The wine’s worn off. The food’s digested. I can hardly be asked to give it back should I chose not to write about Mountain Residences.  But why would I choose that, when I can’t stop thinking about how cool they are?

3-4 bedroom, 1,900-3,200 square-foot, Home Run townhomes are priced from $1.6-$2.3 million. East West Partners anticipates Home Run move-ins to begin spring 2012, so that means right now. If you’re lucky enough to be in the market for your own private ski-in/ski out chalet just a short drive from the Bay Area, you should grab Alex, grab your skis, and head to Northstar.

Say hi to Grandpa as you ski by.

[Guest Post By Anna Marie Hibble...THANKS ANNA!]

Great Highway Remodel, Not On MLS, And Certainly A San Francisco Surfer’s Dream Home

I have word of a house, on the Great Highway at Noriega (the best sandbar on the beach right now), that is very much for sale, and very much not on MLS radar. Price hovering around $1,050,000 and $1,100,000. That is the view above, and here are the details below. As always, I am here to help get you in.

3 Story SFR taken to the studs and beyond in 2008
2BR 2.5 BA + Office
3 car tandem parking
LOTS of storage
Dog wash station
Hot/Cold water hookups for outdoor shower in the backyard
Ipe flooring throughout
Open layout with 8′ wide sliding birch pocket doors separating living/dining/kitchen
8′x15′ Blomberg window in living room
Custom cabinetry throughout
Spark brand fireplace in living room with flat screen TV mounted above
Half bath on living level
Huge dining room
Gourmet kitchen
Wenge cabinets
Subzero fridge
6 burner Wolf Stove with a grill and 2 ovens
Stainless sinks
Island with prep sink
Ceasarstone counters
Bosch dishwasher
Walk-in pantry
2 person office with built in Wenge desk and cabinetry
Baths all feature custom bamboo cabinets, modern Italian tile and Italian fixtures
Laundry room
Rear bedroom with attached bath has shower over tub
Master bathroom has walk-in 2 person shower with seat
Soaking tub with river rock surround
2 sinks
Separate room for toilet and bidet
Master bedroom has his/hers closets + walk-in closet for shoes (most closets in the house have storage by california closets)
Also has Spark brand fireplace with flat screen TV mounted above, cathedral ceiling, built in Wenge headboard with nightstands, plus built-in bed (plus a platform for a dog bed)
Expansive deck overlooking the surf
Ocean views from living and sleeping levels

From what I know, this is a home built for entertaining, hanging out, and enjoying all that Ocean Beach has to offer.

Contact me to go take a look. Principals Only.

333 Grant Avenue #501: Simply Union Square, Simply a Shopper’s Paradise, Simply A Perfect Pied-A-Terre, Simply $629,000

If you like coming to, or living in, San Francisco, and shopping is your thing, 333 Grant is quite possibly your nirvana. A chip shot away from Prada, Banana Republic, North Face, Nike, Neiman Marcus, Levi’s, Macy’s, Salvatore Ferragamo, Louis Vuitton, Apple, Burberry, Chanel, Maiden Lane, American Apparel…you name it…it’s all here, it’s all around San Francisco’s Union Square, and 333 Grant is in the heart center.

If a San Francisco shopping experience is secondary to your exploits as a dining connoisseur, the location of this Landmark Building is sure to delight! Walk out your door and across the street to Cafe de la Presse, round the corner to Le Central, have a pint (perhaps this weekend) at the Irish Bank, stumble over to Belden Place and take your pick of cuisine, enjoy a stroll on over to Bix for an elegant cocktail and mellow jazz, perhaps try some oysters and fresh seafood at Farallon, get some dim sum in China Town, or simply sit at Starbucks on the corner and watch the people go by (I would recommend Cafe de la Presse over Starbucks any day, but that’s me.)

Built in 1908 and declared a landmark in 1981, the Historic Landmark Building (333 Grant) is in the Union Square section of San Francisco’s Financial District. Converted in 2004, The Landmark Building contains 39 condominium homes & lofts designed with preservation of history and architecture in mind, while paying attention to details suited to modern day living. These homes are designed to accentuate urban elements, while providing a tranquil and inviting city retreat.

Visitors to your home will be greeted by the impressive neo-Renaissance façade with towering 40 ft columns. Unit #501 contains one bedroom, bonus room, one bath, has one (leased) parking space, beautiful brick accents, wood floors, mahogany kitchen cabinets, contemporary features, modern kitchen with Bosch appliances and Amana refrigerator, stackable washer & dryer, extra deeded storage, and a location to die for. Entertaining is easy with the bright, open and spacious layout of the living, dining, and kitchen areas, and guests can easily park in the Sutter-Stockton garage just around the corner.

Almost directly across the street from the Famous Chinatown Gate, The Landmark Building is truly a wonderful property, in an excellent location, right smack dab in the middle of the nation’s best city, San Francisco.

It has a perfect 100 Walkscore, is a short walk to FiDi, SOMA, and BART. The area has excellent gyms (Sports Club LA, Equinox), and did I fail to mention is a stone’s throw away from Rick House? Well…

Asking price is $629,000, it’s easy to show, and if you don’t love it, I’ll buy you an espresso across the street at Cafe de la Presse.

HOA fee: $753/mo.
Parking: $309/mo.
Contact Alex Clark (the owner/editor of this site) for details.

-333 Grant #501, 1+bed, 1 bath, 1 park, $629,000 [MLS listing]

Just Say Eichler…

Following on the heals heels (thanks for catching the spelling fail “word bitch“) of a post I did earlier today about some homes I know are available for sale, but not yet “on the market”, I present to you 76 Amber Drive, an original Eichler, in the Eichler rich zone of San Francisco’s Diamond Heights neighborhood, that had been “quietly” marketed for a good couple of weeks before finally hitting MLS today.







Sexy it is not. Eichler it is, and sometimes that all you have to say…

-76 Amber Drive, 4 bed, 2.5 bath, $819,000 [MLS]
-Ditch Your Realtor, Get Ahead Of The Pack By Working With Me [theFrontSteps]
-Mid Century Modern With An Emphasis On Modern [theFrontSteps]
-More Off Market Real Estate [PocketListings.net]

Zynga Co-Founder Mark Pincus Sells Presidio Heights Pad For $8,200,000

[Editor's note: I just realized I misspoke. The home is not in Pacific Heights, it is in Presidio Heights. Locals will know the difference, visitors might claim six of one half dozen of another. Regardless, the mistake has been acknowledged and changed.]

In other news to take us to the weekend, Mark Pincus, co-founder of Zynga, has sold his home at 3855 Washington. It just closed escrow for a mere $8,200,000 (originally asking $8,900,000).

Real estate haters will be quick to point out it spent a “long” time on the market (126 days), and was sold under asking, but I’d like to remind people that might be getting a little bit jaded…we’re talking eight million two hundred thousand dollars here folks! You think they’re trading that kind of property in Kansas!

Happy Aloha Friday. Enjoy the weekend. I’m out…and playing “Words With Friends”.

p.s. The buyer of this home, just like 2701 Broadway, came from a Zephyr Real Estate agent. Just sayin’….

2701 Broadway, On San Francisco’s Billionaire Row, Finds Its Billionaire Buyer

It’s big news for the Billionaires on Broadway. We have it on good intel that 2701 Broadway, a little house on the hill just down the street from the likes of the Gettys, Trainas, and Ellisons of the world (and let’s not forget a Monster of Rock), has found a buyer ponying up an undisclosed amount of cash (originally asking $32,000,000 then reduced to $28,500,000 and no longer listed on MLS) for this one of a kind, meticulously remodeled home, last sold in 1998 for $5,500,000.

Break out the bubbly, and call it all cash (pocket change really), some new billionaires are moving to Broadway’s Billionaire Row.











To the gentleman that said to me when visiting this home at 3577 Pacific (before it came on the market) “Zephyr Real Estate doesn’t have clients for this…” You’re right, Zephyr has clients for this instead. Congratulations to Anna and Dennis of Zephyr Real Estate for bringing the buyer to 2701 Broadway.

Just need that invitation to the housewarming party, and we’ll bring the Cazadores for fresh lime margaritas on the deck overlooking San Francisco, the Golden Gate Bridge, and the beautiful Bay!

-2701 Broadway, 7 bed, 7 bath, 16,400 sqft, asking $28,500,000 [MLS]
-Kirk Hammett Finds Buyer For His Pacific Heights Monster Den [theFrontSteps]

From Hero To Zero In Less Than A Week

You know that feeling you get when you’re about to push over the ledge of an 8 foot Ocean Beach bomb? Or the feeling just before you drop an untracked line of cold smoke pow down your favorite chute? Well that’s how I felt for my buyers when I saw this sign post out front of this lovely Cole Valley home at 156 Grattan.

My elation quickly turned from thrill and excitement to the feeling of pearling the nose of your board on said 8 foot bomb, crossing a tip and being sent cartwheeling, full yard sale, down your favorite chute with the entire chairlift above watching.

Alas…the house is not coming on the market, but has been rented. It only took one week to rent it, for a mere $6000/month, and they didn’t even have time to finish putting the sign up out front.

I keep saying, Cole Valley (and San Francisco) real estate is doing just fine…thank you very much.

As for me and my buyers, we’ll continue to lick our wounds until we come out on top.

Multi Millions On A Monday

Now that we got the Guns N’ Roses out of the way and coursing through the veins, let’s start this Monday with a few multi-million dollar listings here in this fabulous city of San Francisco.
Kicking things off with 2500 Broadway on the corner of Steiner asking a meager $9,500,000.

The description is full of keywords and qualifiers…”2500 Broadway is a home of elegance, grandeur and history located in Pacific Heights on a premier corner lot at Broadway and Pierce. 2500 Broadway dominates this location not only in terms of its size and architecture but also its prominent placement on the hill. Commissioned in 1894 by a prominent lawyer and San Francisco Mayoral candidate this Free Classic” Victorian style home is impressive in scale, luxurious in structure and refined in finish. One of the most wonderful features of the home is the extensive use of oak, walnut and mahogany hardwoods. A full-relief box-work design oak entry hall, mahogany wainscoting in the sitting room and a grand staircase rich with detail are stunning and irreplaceable.”

It is truly a beautiful property and the keywords are justified, but what I know you all really want to know is…it sold in 1994 for $2,800,000. Yep, it’s true.

Moving on down the roads a bit toward the city center, we stumble across this little home recently listed on MLS at 2020 Jackson asking $20,000,000.

“The distinguished & historical Hellman Mansion is located in a prominent Pac Hts location, nr Lafayette Park. The Classical Revival estate, designed circa 1902 by Julius Krafft, was thoughtfully restored maintaining the architect’s original masterpiece, a harmonious blend of grand design, elegant appointments, modern comfort and impeccable renovation. On four impressive levels, accessible by elevator, this 8BR/7+BA home is a rare jewel. Magnificently proportioned living & dining rooms, grand terraces, sumptuous master suite wing, double winding stair, 7 frplcs, au pair suite, main and catering kitchens, media room, family room, family dining, wine cellar, salon and library. Solar. Stunning north & east bay views w/Alcatraz, Angel Is & Marin.”

That’s a lot of 20′s no matter how you slice it, but I gotta wonder if their vision is 20/20 on this one. Last sold 2004 for $15,000,000, it will be interesting to see if this magnificent slice of prime San Francisco real estate on Jackson will see one million Jacksons or one million Hamiltons alongside another million Lincolns.

Speaking of price reductions and a lesson in (price) history…remember 2845 Broadway?

“A legend in the making…a Gold Coast Masterpiece. Clad in French limestone an exquisite Neoclassical style villa with stunning Golden Gate and Bay views, garden and a guest house with 19th Century Italian tile roof comprise this unique compound spanning two lots from Broadway to Pacific. One of the world’s finest residential addresses. Currently under construction, this property presents a unique opportunity to complete an architectural masterpiece in one of the City’s most prestigious locations.”

(Previously) under construction indeed, and originally listed on the MLS in March of 2006 for $65,000,000, we see that history is telling us there really isn’t any property in San Francisco selling for that kind of cash. A+ location or not, we’re talking an unfinished multi-million dollar mansion…and you don’t even get a pool! Maybe a MASSIVE diving board on the patio could afford several mile high flips into the bay. Just wear a helmet.

Finally, moving ever so much closer to downtown, we come to 2323 Hyde on the corner of Hyde and Lombard right at the crest…you know where all the tourists stand in the street, take photos, play Frogger, hop on and off the cable car, and generally get in the way? Yeah, it’s right there.

“This beautiful home was commissioned by Fanny Osborn-Stevenson, the widow of author Robert Louis Stevenson. It is a Willis Polk design and it was built in 1900. It has been meticulously renovated. Complete with mature Landscaped Garden, Roof Terrace & Patio. 4 Car Parking and Elevator to all floors. A true San Francisco Masterpiece.”

Look beyond the (fill in the blank) interior decorations and focus on the property. It’s a beauty in a great location, and it’s also been recently reduced in price from $15,000,000 to a much more reasonable and potentially bidding war price of $14,900,000. Hurry! It’s only been on the market 345 days!

Happy multi million dollar and Metal Monday! I wonder if Axl would want one of these…

-2500 Broadway [MLS]
-2020 Jackson [MLS]
-2845 Broadway [MLS]
-2323 Hyde [MLS]
-Multi-Million Dollar Properties Of Note
-St. Regis Penthouse Was $70,000,000 Now $35,000,000 [theFrontSteps]

For San Francisco Giants Fans, It Doesn’t Get Much Better (88 King Street #106 Is For Sale)


I have just signed up a listing at 88 King Street (The Towers at Embarcadero South), unit 106 here in San Francisco, California. If you’re not familiar with the city, or you happen to be a San Francisco Giants fan, this location doesn’t get much better. It is smack dab in the heart of all the recent action happening in and near the Embarcadero, AT&T Park, SOMA, South Beach, and so much more. You can walk to tons of great restaurants and shops, job opportunities in the immediate vicinity have never been better, the sun shines more in this neighborhood than most other in San Francisco, and this building is one of a few in the city that has a pool to enjoy it!

The unit itself is loft style, 1293 square feet, updated (modern) kitchen, partial wood floors, two bedrooms, two baths (both updated), bonus room perfect for office or extra storage, street entrance with southeast facing patio, BBQ Area, Club Room, Exercise Course, Gym, Roof Deck, Sauna, Spa/Hot Tub, and so much more. It is truly a unique property in arguably one of the city’s best locations.

It is not yet “officially” listed on the market, it is currently a pocket listing, but can be shown by appointment, and is very much available for purchase right now. Price is set at $849,000. HOA dues are $812.14/month, and include: High Speed Wireless Internet, 24 Hour Doorman, Garbage, Grounds Maintenance, Homeowners Insurance, Outside Management, Security Service, Water, BBQ Area, Club Room, Exercise Course, Gym, Roof Deck, Sauna, Spa/Hot Tub use. Interior pictures coming soon.

It’s an awesome unit, in an A+ location, and definitely worth a look.

-88 King Street, #106, San Francisco, CA, 2 bed, 2 bath, 1 parking, 1392 sqft, loft style condo in South Beach, $849,000 [PocketListings.net]

200 Brannan #328 Hitting MLS for $2,495,000, My Jaw Hits The Floor


Would that be considered industrial chic, modern, or just plain awesome? Perhaps all three.

It’s nearly 2400 square feet, with 17 ft floor-to-ceiling windows, is light filled and has a top of the line remodeled gourmet kitchen, bay & bridge views, 3 large bedrooms, 3 remodeled luxurious bathrooms, 2 car deeded secured parking, 24 hr security, concierge services, lush landscaped garden courtyard, and full fitness center. Oh, and it is steps to AT&T park, Cal-Train, world class restaurants, the farmers market, and did I mention it will be ideal for the coming America’s Cup?

Two Hundred Brannan #328 is on the MLS asking $2,495,000. Is that a fair price you ask? Well, considering a very similar unit directly above hit the market about one year ago at $2,800,000, and found itself in contract shortly after and closed for $2,700,000, I’d have to say yes, and I’d love to come to your house warming party.

As always, if you’d like more information about this or any San Francisco property, you know what to do.

-As soon as it hits MLS, I’ll put the link right here. Deal? Poof! Here it is.

St. Regis Penthouse Was $70,000,000, Now $35,000,000. Yes, That’s Correct – $35,000,000 Less.

The original “asking” price for the 20,000 square foot St. Regis Penthouse (188 Minna), was $70,000,000, and at that price it was only slightly ambitious. Now at 50% less or $35,000,000 and still not officially “listed” on MLS, I expect all but one of the buyers in San Francisco to be able to qualify for this property.
According to the Wall Street Journal, this penthouse is “likely the most expensive bank-owned, single-family residential real estate listing in the country.” If that doesn’t get all of you first time buyers looking for a deal and to purchase foreclosed property to jump at this opportunity, perhaps the description will: Six bedrooms, 12 bathrooms, four fireplaces, a library and a home theater. The living room has 22-foot-high ceilings and an entrance foyer with a two-story waterfall feature. There’s also a 2,500-square-foot master suite with a gym, sauna and steam room and 3,000 square feet of terraces with views of the city and the bay.
Because you always ask…and I’m always happy to share, “The apartment was built by real-estate investment manager and developer Victor MacFarlane, who purchased three apartment shells then combined them into one large finished unit. He sold it back to the bank in a deed in lieu of foreclosure after it failed to sell after several price cuts. The unit is now owned by Second Step Asset Management, a subsidiary of Bank of America.”

And it could be yours for $35,000,000…chump change.

-Schedule a Private Showing
-Deluxe San Francisco Penthouse to Relist for 50% off [Wall Street Journal]
-On Top Of The World At The St. Regis San Francisco [theFrontSteps]
-St. Regis Penthouse Marketing Details [Sotheby's]
-Both Millennium Tower’s Grand Penthomes Are Sold, Thanks To A Yacht [theFrontSteps.com]

A Fixer Of Epic Proportions “Not On MLS”: 30-32 Prescott, Telegraph Hill

[Update: Property is now on MLS. Keep your eyes on PocketListings.net for your chance at many other off market opportunities, as this one was first posted there several weeks ago.]

This is one of those properties where every step you take inside the building you wonder if you’ll end up one floor below, like in a Looney Tunes Cartoon. To say the property is in utter disrepair (and recently vacated) is an understatement.
The exterior photos actually don’t do this property justice. The floors are rotted, the windows are molded and cracked, the roof is…well….it’s still there, the bathrooms are disgusting, and the potential is tremendous!
This is, after all, a “fully entitled development project with approved plans and permits in hand to build TWO, 2 story units with 2 car parking, yard, roof deck, with sweeping views of San Francisco Bay, Bay Bridge, Downtown San Francisco, and Telegraph Hill.” It’s opportunity knocking.
Full disclosure, there is a school right smack dab next door, and that could quite possibly be the only downside. However, the buyers of the finished product are likely not going to be people that are home Monday through Friday from 9am to 5pm anyway, so it is almost a non-issue.
This is a chance for a developer to pick up an extraordinary project off market, develop it, and unload it. Or it is a chance for a person that wants a brand new property, to come in, take over, hire your crew, and build your Telegraph Hill dream residence.
Make no mistake, this is a “fixer” of epic proportions, but a lot of the “work” has been done for you. The hardest part of most battles to build in San Francisco is usually getting permission from the city, and that’s all been done for you. You can show up, make an offer with hammer in hand and get to work. Okay, maybe you’ll need more than a hammer and nails…like maybe a wrecking ball?

I’ll be out at the property today showing some clients, and I’ll attempt to get a couple interior pictures, but no promises. The inside is a total and complete wreck and that is what makes it so damn attractive.

Don’t go looking for this on MLS, because it ain’t there. It’s currently “off market” or “not on MLS”, but definitely very much for sale.

However, before you get to enjoy what we see in those renderings above, you gotta get through what exists in the photos below. And since so many homes are judged by the quality of their kitchens and baths…ask and thou shalt receive:


P.S. Keep in mind it was apparently recently inhabited.

-Prescott Fixer Details, San Francisco, $850,000 [PocketListings.net]
-“It’s Not Listed. But It’s Definitely For Sale.” [New York Times]
-Not on MLS Real Estate Network [PocketListings.net]

3843 22nd Street (Noe Valley) Has A Nice Kitchen And A Pool…In The Same Room!

Thirty eight forty three (3843) 22nd Street in Noe Valley is hitting the market* any minute, and you’re getting your first look inside, right here. Unassuming from the front, but dramatic on the inside, you know you want this property.





If you happen to work at Facebook, Google, Salesforce, Twitter, Zynga, or any of the countless other companies that are booming in our area, adding thousands of jobs, and helping to sustain our real estate market, this might just be the home for you, and I want to get you in there. Just make sure if you do purchase this home, your guests bring adequate bathing attire (or not), and remove mobile devices from their pockets at the front door (along with car keys and MUNI passes).

I’ll make the margs….

-3843 22nd Street, 3 beds, 2.5 baths, $1,799,000 [For more details.]

*”On the market” has long been associated with “on MLS”, as opposed to the thousands of “off market”, or “not on MLS” opportunities that abound.

Willis Polk, Joseph Esherick, Julia Morgan, Horatio Livermore, Hal Riney, Karl G. Smith, And The 1915 Panama Pacific International Exposition All Rolled Into One Extraordinary Property Description

Regardless of the fact that some of you might feel we’re simply promoting PocketListings.net as the best and only place the nation will soon share “not on MLS” real estate opportunities, there is some pretty damn good real estate porn popping up on there these days, and we’d bet you’d be upset with us if we didn’t share this eye candy…(Damned if we do, damned if we don’t kind of thing.)

This detached home sits on a private gated lot surrounded by lush greenery, mature Monterey pines, brick pathways and offers a tranquil setting. This amazing cul-de-sac features some of San Francisco’s most talked about treasures including many homes designed by Willis Polk and one by famed architect Joseph Esherick. Showcased throughout this home are new ebony stained hardwood floors, restored redwood paneled walls, restored arched French paned windows that were salvaged from the 1915 Panama Pacific International Exposition, high ceilings, moldings, recessed lighting and spa-style remodeled limestone bathrooms with Lefroy Brooks fixtures from England.

We could just cut and paste the entire description of this truly extraordinary property right here in this blog post, but that would take away from getting you to click through to the new site now wouldn’t it. ;-)

Oh wait, we forgot to mention this home was “designed by architect Julia Morgan in 1917 for Mrs. Horatio Livermore, and its second owner, the late advertising icon Hal Riney completely renovated the home with the help of architect Karl G. Smith in 2005.”

We love our dear readers, and we try never to annoy, but we have an obligation to report all the good real estate we find, and this property in Russian Hill is no exception.

How could you say no to three bedrooms, five bathrooms, four car parking, a price tag of $4,900,000, and views that are, well, priceless?

-Russian Hill pocket listing on PocketListings.net

“One Of Only 9 Cooperative Apartments [In San Francisco]” With A Lot Of 3′s, But Missing 3 Letters (MLS)

It might not be on MLS, but this $3,395,000, 3 bed, 3 bath, 3000 square foot, Co-Op on Broadway is surely worth a nod, perhaps even a gander:

Elevator service directly into unit, three bedrooms (all with their own full bathroom), library, three remodeled bathrooms, vestibule with marble floor and arched etched glass window, formal entry, formal living room with woodburning fireplace, formal dining room, remodeled eat-in chef’s kitchen with pantry, deeded maid’s room with window and sink (there is a bathroom that services this maid’s room), service elevator, custom draperies and plantation shutters, intercom, cable ready, wired for sound in the library, living room and dining room, laundry room, resident manager, common landscaped lush garden, deeded storage room, 1-car secure garage parking, additional exterior parking in rear area of the lower garage, building security cameras, elegant marble lobby with coffered ceilings, vintage wall sconces and arched stained glass windows.

-Pocket Listing on Broadway.

Forget The Loft, We Wanna Get In That Tub!

If you’re going to go loft, you might as well go big. Not yet on the market, but coming very soon, 3 Clarence Place ($2,658,000), a 3br, 3ba, 2700 square foot freestanding loft with 2 car side by side garage is not to be missed.





Our bathing suits, and six-pack are in the bag, just send the invite, and we’re there. Oh wait, we’re Realtors…if you’d like to get a first look at this property, just contact us and we’ll gladly get you in…but don’t forget your your suit ;-) cuz we wanna get in that tub (must be all this cold, wet weather)!

-3 Clarence Place [website]

2010 Decorator Showcase Will Be A 1929 Georgian Revival Mansion

From our reader:

The 1929 Georgian Revival mansion @ 3450 Washington is apparently set to be the site of the 2010 Designer Showcase.

Posthumously attributed to Architect Willis Polk (1867-1924) the 8,000+ sq.ft. Presidio Heights home was purchased by Peter Sperling in 2001 for a purported $18 million (story and other high end real estate gossip here), and has been on and off the market ever since.
Still listed on the Joel Goodrich Coldwell Banker website “price upon request”.

So let’s see, not on MLS, but still “available”? Sounds like something for PocketListings.net. Thanks for the tip and thanks for reading!

Inner-Sunset Sprouting Condos

Inner-Sunset, home to much good food, a few good bars, a few bad bars, the prohibitively expensive Andronico’s, and UCSF, will soon be home to new condos. On my block alone (9th Ave., past Moraga St.) there are two sites going up or planned to go up. One is adjacent to my deck, where I once saw the Bay, and now see the back of someone’s bedroom to be. I have no idea if this very tall building will be apartments for rent or condos for sale, but it will have several units, a garage, and a penthouse. On the other side of the street, where a long defunt Moraga Market has been little more than place to try out graffiti tags and dump unwanted sofas, construction is also in the works. The lot has sold, a hearing has taken place. All that’s left is to break ground.

Finally, quite done are the condos on 7th Ave., near Irving St. The photo above is from before the facades were placed. Now they are gorgeous Art Deco looking things with burnished copper and huge windows. The agent, Gary Small of Zephyr, tells me that the units are luxury one and two bedroom condos with underground parking, and that the two free-standing cottages that stood in a lot behind the building that sits on the street have been revamped. Some lucky millionare can thus own a little house all his or her own!

It’s the most action the Inner-Sunset has seen since a bunch of drunks from the Mucky Duck tried to scale a MUNI train. Sadly for we middle income buyers, the luxury condo lable means these new homes, exciting though they are, will not be ours.

Oh well. Drinking at the Mucky Duck is always an alternative.

PHOTO: Socketsite

Frank Lloyd Wright Usonian Home In Forest Hill (One San Marcos)

We were fans at Usonian, but if you must…the whip cream on top:

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Polished concrete floors; radiant heating; chef’s kitchen; custom walnut cabinetry; multiroom sound system; remodeled bath with handcrafted Heath tile; Sub-Zero refrigerator with glass front; Viking convection oven; Miele range; 2,344 sqare feet all on one level; two car side-by-side garage.

onesanmarcoslr1

Some history on Usonian, and what you need to know from Wikipedia:

‘Usonian’ is a term usually referring to a group of approximately fifty middle-income family homes designed by Frank Lloyd Wright beginning in 1936 with the Jacobs House.[2] The “Usonian Homes” were typically small, single-story dwellings without a garage or much storage, L-shaped to fit around a garden terrace on odd (and cheap) lots, and environmentally conscious with native materials, flat roofs and large cantilevered overhangs for passive solar heating and natural cooling, natural lighting with clerestory windows, and radiant-floor heating. A strong visual connection between the interior and exterior spaces is an important characteristic of all Usonian homes. The word carport was coined by Wright to describe an overhang for a vehicle to park under. Variants of the Jacobs House design are still in existence today and do not look overly dated. The Usonian design is considered among the aesthetic origins of the popular “ranch” tract home popular in the American west of the 1950s

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Let’s not forget the price and link to more Usonian property picture porn: One San Marcos, $1,590,000.

We look forward to your first fireside chat (we promise to wear our best mid-century ski sweater, and mix some tasty margaritas!)

-OneSanMarcos.com [property website]