Category Archives: coming soon

8octavia

San Francisco New Developments And Luxury High Rise Condominiums

A Look At Some New Developments Popping Up Around Town

San Francisco median home sales prices have increased dramatically since 2012. Beginning from a low-$600k with an average price per sqft of mid-$500, and then accelerating in the first half of 2013 close to $800k with an average price of mid-$600 per sq ft, to almost $1M mediam home sales price and $800+ per sq ft currently. To say San Francisco and the Bay Area are in the midst of a very dramatic recovery would be considered a very large understatement.

Thankfully, new development is soaring once again, generally in the form of large new condo projects (many of which have already sold out), so if you’re deciding whether to buy a new condo, and paying $1000+ per sq ft for brand new everything, here is a list of the hot new developments that are changing various districts of San Francisco.

The highly anticipated Amero, in Cow Hollow, has 27 Units. Sadly, they’re all sold out before construction completes in Q4 of this year.

amero amerosf.com
But there are other developments which still have available units:

Vida
vida
In the Mission district, Vida has 114 Units, and opened earlier this year, with about 25% sold. Featuring 1 to 2-bedroom units, up to 1,138 sq ft.
vidasf.com

Fifteen Fifteen
1515Also in the Mission, Fifteen Fifteen is a 32-unit building that might have one or two units left. Features studio to 2-bedroom, up to 1,100 sq ft.
1515 street

Toward Mission Dolores neighborhood, there is 35 Dolores, a 33-unit building with an estimated opening in Q3:
35-dolores

8 Octavia
8octavia
Located in the vibrant Hayes Valley, 8 Octavia features hi-tech ammenities including Nest for temperature control, building is wired with high speed internet, and remote doorman service. This is one of the few buildings that has multi-floor penthouses with trendy concrete ceilings. 1 to 3-bedroom penthouse, totaling 40 units. Estimated Opening: Q4
Last time I visited they had only a couple units left, so don’t delay.
8octavia.com

1645 Pacifc
1645_pacific
In Pacific Heights, 39 Units (12 sold). With Estimated Opening in Q4 this year, this building offers junior 1 bedroom to 2 bedroom, up to 1,877 sq ft.
1645 pacific.com

A few blocks south, we have 1450 Franklin, a 67-unit building with estimated opening in Q4:
1450 Franklin

The major developments are all in District 9, which includes Potrero Hill, SOMA, Mission Bay, and Dogpatch.

Onyx
onyx 
Located in the sunny Potrero Hill, Onyx is just steps from an array of cafes, restaurants, galleries, and nightlife. Opened in Spring this year, it is almost sold out. 1 to 2-bedroom, totaling 20 units.
www.onyxsf.com

Arden by BOSA
arden
Built by the developer behind the Madrone and Radiance, Arden is a luxury Condominium by Mission Creek. Some of its perks are the stylish interior design, minutes from the Mission Creek Park, dog park, and downtown. 1 to 3-bedroom, up to 2,300 sq ft. Total units: 263, and already 100 sold
ardenbybosa.com

Lumina and Park 181
lumina
Built by the developer behind the highly successful and iconic Infinity, Lumina (656 units) is one of the new constructions that will be changing SOMA along with Park 181, which is designed by famed architect Heller Manus, the same architect behind Infinity.
park181
Park 181 (67 units) is an ultra luxurious new development that offers great views, as well as many luxury amenities. They are both located right by the new Transbay Terminal and minutes from the Ferry building. 1 to 3-bedroom. Estimated Opening: Q3-Q4
luminasf.com/
park181sf.com/

72 Townsend
72townsend
Adjacent to the historic Condominium conversion at 88 Townsend, 72 Townsend is coming in 2015 and features 1 to 3-bedroom, up to 2,800 sq ft, totaling 74 units. 1:1 parking ratio.

870 Harrison
870harriso
Located in SOMA, Coming in Q4.
870-harrison-street

Millwheel North
millwheel_north
In the already up-and-came Dogpatch, Millwheel North is a two-building condominium project connected via a shared landscaped courtyard. Located across from Progress Park, its perks include proximity to Caltrain and everything that Dogpatch has to offer, including the Pier 70 redevelopment that is scheduled to kick off this summer. 1 to 3-bedrooms, up to 1,710 sq ft, totaling 39 Units. Estimated opening in Q3
millwheelsf.com

That ought to get you started and help you zero in on some of the new developments popping up around town. But these things sell fast (so fast, that our numbers might already be off), so it’s best to have someone on your side. Give us a shout and we’ll get you dialed. If you, or anybody you know, has interest in any of these units, contact us for pricing, more details, and to get you in the door. (Developers and sales offices hold these details close to their chest.)

San Francisco New-Housing Construction Trends

San Francisco New-Housing Construction Trends

Within its 47 square mile envelope, San Francisco is already
the 2nd most densely populated city in the United States,
and it’s growing denser, more affluent and more expensive.

May 2014 report with 13 custom charts

The following charts are mostly based on the San Francisco Planning Department’s excellent Housing Inventory and Pipeline reports, which can be accessed using the links at the bottom of this article. Quotes below are excerpted from these reports.

Packed with information, the data in one report section will not always agree perfectly with that in another – due to the multiple sources of data used by the Planning Department – and this is reflected in our charts as well. In the complex, lengthy process of application and review, public hearings (and, lately, ballot proposals), revisions, entitlement, permitting, construction and completion, how and when a project is counted may vary. Housing units are being built and being removed, and there are so many types: rental or sale, market rate or affordable, social-project housing or luxury condominiums.

Last but not least, this landscape is in constant flux: new projects, plan changes, and shifts in economic and political realities. Everything below is simply a good faith estimate. The basic reality is that San Francisco, after its recent 2008-2012 new-construction slump, is now experiencing a building boom. So far, however, it has not been able to keep up with population growth and rising buyer/renter demand.

 

New construction authorized typically will not show up as housing units completed until later years. And, of course, a developer can decide not to build after authorization if market circumstances change. The post-2008 drop in authorizations is clearly illustrated here.

“Some of the larger projects completed in 2013 include: 1190 Mission Street (355 market-rate units and 63 affordable units), Rincon Green (277 market rate units and 49 affordable units), Nema (279 market rate units and 38 affordable units).”

“Very large projects (200 units or more) filed in 2013 and are under Planning Department review include: Mission Rock (1,500 units); 150 Van Ness Avenue (429 units); 41 Tehama Street (398 units); 1066 Market (330 units); 950 Market Street (316 units); and 1301 16th Street (276 units).”

————————————————–

A glance at the recent past, the present and the possible future of new housing construction in the city. New projects are continually entering and moving through the pipeline, and existing plans may be changed or even abandoned.

“There are currently 857 projects in the pipeline. Of these, 74 percent are exclusively residential and 17 percent are mixed-use projects with both residential and commercial components. Only 8 percent of projects are non-residential developments. A net total of 50,400 new housing units would be added to the city’s housing stock according to current data. Around 18 percent of all projects, representing 6,000 net added housing units and 2,750,000 sq. ft. of commercial space, are under construction. Around 20 percent of projects (with another 4,200 net units and 3.8 million sq. ft. of commercial space) have received building permit approvals. As of the time of writing, some may have moved to the construction phase.”
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Coming Soon: 16 Jessie (1 Ecker) Unit 409 – Early Century Brick Meets 21st Century Modern In The Heart Of San Francisco

This top floor, one bedroom, one bath, ultra luxury condominium in the heart of San Francisco will be hitting the market (with any luck) on Friday August 9th [It's now officially on the market], but since you’re a fan of theFrontSteps, you get to see it here first.

01-16jessie409-front-800res

This unit is not only on the top floor, but also on the North East corner and features soaring 12 foot ceilings, open kitchen/living area, bamboo flooring, walk-in closet, custom kitchen pantry, Cesarstone kitchen countertops with bar seating, espresso cabinetry, stackable Kenmore High Efficiency Washer & Dryer, Bosch Energy Star appliances (Dishwasher, Gas Range & Hood), Samsung French Door Refrigerator, microwave, and a 64″ Samsung Plasma TV already perfectly mounted to the wall! This unit comes with additional storage, bike parking, and all of the furniture could be included as well. (Parking for one car is currently subleased nearby at 18 Lansing St for $225/mo. Although it is highly likely the sublease would be honored, it cannot be guaranteed.)

03-16jessie409-living-800res

What makes 1 Ecker so attractive and in such demand? 1 Ecker (16 Jessie) is an appealing blend of modern and timeless San Francisco charm, and sustainable down to its very foundation. The original century-old building structure was painstakingly restored and updated with brand-new modern interior fixtures and finishes in every bedroom and bath. The soaring arched windows are 100% recycled, and all of the units were restored with sustainability in mind. Nestled among some of San Francisco’s tallest structures, the grand windows and high ceilings fill this residence with generous amounts of natural light, while the original brick structure is a welcome backdrop for modern, sophisticated living.

1 Ecker’s common area amenities include the comfortable rooftop lounge, with grill and plenty of seating for entertaining a large group or enjoying a quiet dinner for two. Sleek, comfortable modular seating allows for adjustment to meet your group’s needs, as art form meets function. Exotic foliage in vibrant hues frames an antique Balinese water fountain, a tranquil centerpiece. The lounge grill is ready to serve up favorites year-round.. The interior courtyard offers a stylish visual backdrop featuring exotic, vibrant foliage. Common areas are maintained by the building’s Home Owners Association, and monthly HOA dues of $500.68 for this unit help serve to keep them in pristine order. HOA dues also include water, garbage, and professional property management services.

The location of this wonderful city home (go ahead…map it) puts you steps away from tons of shops, restaurants, clubs, art museums (MOMA), theaters (Metreon), Outdoor Parks (Yerba Buena), conference centers (Moscone), World Champion baseball stadium (Go Giants!), and so much more. Multiple Zipcar® locations are within walking distance for pay-as-you-go car convenience, and the future Transbay Transit Center steps away at 1st and Mission Streets will house 11 transportation systems, including AC Transit, BART, Caltrain, Muni &; Amtrak, for easy access to all of the Bay Area and beyond.

This is certainly a one-of-a-kind unit in a one-of-a-kind property that you won’t want to miss.

The bullet points:

Kitchen:
Bosch Dishwasher
Bosch Cooktop
Bosch Hood
Samsung French Door Refrigerator
Lazy Susan in cabinetry
Cesarstone countertops and espresso cabinetry
Full Pantry
Under counter lighting
Washer/Dryer – Kenmore High Efficiency

Living Area:
12 ft Ceiling heights
~64 inch Samsung Plasma TV
Custom Paint throughout

Bedroom:
12 ft Ceiling heights
Walk in Closet
Custom closet organizer

Bathroom:
Custom cabinetry under sink
Custom Glass Shower Door upgrade

HOA: $500.68

Parking: Currently Subleased $225/month. Location at 18 Lansing St.

Price: $799,000

Showing times: Sunday 8/11 from 2-4pm; Tuesday 8/13 from 2-3:30pm; Sunday 8/18 from 2-4pm, and by private appointment anytime in between. Sorry, no showings until first Open House. But at least you can see the pictures here and get yourself ready to make this fabulous home your own!

16jessie409floorplan

Exclusively listed by Alexander Clark of Paragon Real Estate.
For more details:
alexclark@gmail.com
415-254-5351

Renderings Revealed For Vacant Corner Lot Development Opportunity At 1000 Broadway, Russian Hill… Bids Due Sealed

What it is now:
100broadstreet

What it could be:
1000Broadway

The view you might see:
100broadwaydiningrm
The Deets:

“The property consists of 5,415 square feet of vacant land slated for subdivision and situated on the northwest corner of Broadway and Taylor Streets. The property offers spectacular views over San Francisco, including North Beach, the Financial District, the Bay Bridge and the San Francisco Bay. The site is flanked on two sides by a stately historic wall.

The proposed development dubbed “Wysteria” consists of two luxury single-family homes, each on its own fee-simple lot, facing Broadway Street. It also includes a building containing two luxury townhome condominiums to be built on a third lot on Taylor Street. Designated site addresses will be 1000 Broadway, 1010 Broadway, 1601 Taylor and 1625 Taylor Street.

The project was designed by renowned architectural firm Page & Turnbull. For over thirty years, Page & Turnbull has served as the preservation architect for numerous National Register and locally recognized landmarks. Their work has been honored by the National Trust for Historic Preservation, American Institute of Architects, California Preservation Foundation and other national, regional and local organizations.

This property is one of the few remaining developable lots on the northern rim of San Francisco. The property is situated among many gracious single family homes and classic Arts and Crafts, Mediterranean, Edwardian and Victorian buildings.”

Talk about a prime opportunity in an A+ location…

Sealed bids are due August 1st, and you heard it here first.

-Wysteria Residences [website]

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.

Ditch Your Realtor, Get Ahead Of The Pack By Working With Me

Are you, or any of your friends, looking for a single family home in Noe or Cole Valleys (or anywhere in San Francisco for that matter)? Are you getting beat out by multiple offers in the over million dollar price range ($1.5M+), and showing up late to the party? Is your Realtor telling you they’re doing all they can (simply checking MLS everyday, which you can do too), but really not delivering? If so, you’re not alone, and I can help.

Within the past couple of months my buyers and readers have known about dozens of properties prior to them going to MLS. To think I share all of them online with everyone is simply silly. For example, my circle of clients knew about 707 Cole, 1027 Cole, 313 Parnassus, 785 Cole, 1340 Cole, 121 Beulah, 471 Duncan, 2975 Lake, and many more. There are also a dozen or so homes that never even made it to MLS and were shown without a hint of market activity, such as a mid-century home in Noe Valley, a grand, modern home on Sanchez, an AIA tour home in Golden Gate Heights, a penthouse stunner in SOMA, and a few others that I can’t recall the address off the top of my head.

Today, I present to you two more opportunities in Cole Valley, one in Nob Hill, and another on Lake Street not on MLS. Nowhere near MLS in fact. Not on PocketListings.net, not in my pocket, and not even on anybody’s radar. They are all single family homes, and they are all at least 2 bedrooms, and close to or over $1,500,000. They are not fixers, they are done, done, done…or turnkey as we like to say.

If you are interested, or know somebody that might be, you gotta contact me directly (alexclark@gmail.com), you gotta be unrepresented, and I’m going to ask you to work with me going forward and sign a written agreement confirming exactly that. No co-agents, no “I’ll work with you if you find me the property”, no “let’s try it out on this deal”…none of that. You either marry me as your agent or you don’t. Not sure if you should? Have a look at some recent testimonials I’ve been gathering and come take the plunge.

Like I’ve said, working with and finding a Realtor you like is like dating. If it’s not working out with one, you are free to leave to find another.

I’m also beginning to dabble in Lake Tahoe real estate, so if you’re interested in a second home, ski pad, lake front property, my finger is finding the pulse of that market too (and I know where all the good powder is).

So feel free to give me a shout, and let’s work on getting you ahead of the pack and into the home of your dreams. I’m also happy to help any of you sellers out there sitting on the fence in these markets. It’s a good time to sell in certain areas and certain price-points. I am at your service and available for consultation.

-Prior off market opportunities I presented [theFrontSteps]
-Testimonials
-Lake Tahoe Ski Cabin [theFrontSteps]

PocketListings.net Version 2.0 Goes Live: Introduces Real Estate Match™; Privacy Options; Sharing; Saved Search; Email Alerts; Principals Only; More!

I’m pleased to announce the rollout this past weekend of PocketListings.net version 2.0!

It is jam-packed with new features to help you, the agent, do more deals, and give you, the client, more options when selling and searching for real estate. There is a fabulous tutorial on all of the great new features and how they work, so please take five minutes of your day and check it out.

Some major new features to highlight:

Real Estate Match™: As buyers and sellers post to the site, we do a little Match.com magic to match criteria and facilitate a potential transaction. Agents can post any property they have that is not listed on MLS, and ALL of their buyers looking for homes. If no matches are found immediately, when some do show up, emails will be sent. It’s online dating for real estate.

Privacy Options On Posts: Pocket listings are tricky in that some clients want the most exposure possible, while others want little to none, but they still want their property sold. When an agent posts a pocket listing on our site it is immediately searchable, but agent controls what information about the property to share, and with whom.

Principals Only: Inspired by our friends in commercial real estate, we give you the option to request anybody that contact you act as a Principal.

Saved Searches For Members: Do a search, save it. Refer to it later. Get emailed when posts fitting that criteria show up on our site. Simplifying your success.

Sharing with Social Networking: Whether you are the person that posted, or you’re someone browsing our site and you come across an opportunity that you absolutely must share, we make it easy. Using third party applications you can “Like” or “Send” any posts via Facebook, and share or repost via Twitter, LinkedIn, email, Digg, Stumbleupon, and so much more. Do a post, spread the word, and tell those in your circle to spread the word too.

Email Notifications of New Matches: Whether you save a search, or posted to our site and we’re looking for matches for you, we’ll notify you via email when something shows up on our site that might be a match.

How We Use Twitter To Get Posts More Exposure And Deliver Results In Real Time: It’s pretty simple really. Every post that hits our site is fed to our Twitter profile. It becomes searchable and we create hashtags for the city (#city) and a unique hashtag for our site that allows Twitter followers to see results only in their city of interest (#plcity). The more followers we get (and we’re getting a lot), the more exposure you get to your post (respecting your privacy options).

Those are just a couple of the big new features we released with this version. We actually have several more features lined up that we’re hoping to release as soon as possible.

We’ve already been written up in Top Agent Magazine, and press inquiries are coming in. The bottom line is that there is more real estate opportunity out there than what is on MLS, and clients deserve an alternative. Please help us help you by spreading the word and using our site today!

-PocketListings.net Tutorial
-PocketListings.net
-Top Agent Magazine

3 Unit North Beach Investment Property Sure Sounds Like A Winner….

Some things just sound too good to not investigate a bit further. Any investors out there looking for some North Beach property?

3 UNIT BLDG VACANT, NEVER RENTED, FIRST TIME ON MARKET IN 32 YEARS; VIEWS; NEAR SHOPS/RESTAURANTS; TRANSP; SELLER WILL CARRY LOAN; LOWER PRICE NOW & HIGHER PRICE LATER ON MLS; HARDWOOD FLOORS; BACK STAIRS; SEP. METERS; RENOVATED; MUST SEE.

It sounds like a must see, but is it? Anyone?

-North Beach 3 unit, $1,650,000 [PocketListings.net]

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]

Opportunity For Fence Sitting Sellers And Desperate Buyers

Are you somebody that lives in San Francisco, has a home that is either on one level or contains an elevator, and you’ve been on the fence about selling your home? PocketListings.net has a buyer for you, they aren’t picky about their neighborhood, and they have $2,000,000 to spend.

Maybe you are a resident living in Pacific Heights, Sea Cliff, Cow Hollow, or Presidio Heights and you don’t want all the hullabaloo of listing on MLS, but you’d love for a buyer to come take a look at your home. PocketListings.net has a couple of those multi-million dollar buyers too.

Are you a buyer looking for a two unit building in the Marina? PocketListings.net has that too!

The moral of this story is if you are a buyer or seller anywhere in the United States, and especially in San Francisco (our hottest market), you should not only be visiting the site yourselves, but telling your real estate agent to do the same. There are opportunities galore, and it’s getting better every day!

-Single Family Home Buyer Needing One Level Or Elevator Home
[PocketListings.net]
-Pacific Heights, Presidio Heights, Cow Hollow, Sea Cliff Buyer [PocketListings.net]
-Marina Two Unit Building “Not On MLS”, $2,800,000 [PocketListings.net]