Tag Archives: View Property

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Lumina SF | 200 Offers On First 52 Units Released | Second Release Happening Now

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Continuing to bring you all the updates on one of San Francisco’s most hyped and happening new developments, Lumina SF, I wanted to quickly follow up on the last post I did with updated pricing on the first release of units. For full details about the Lumina SF development, including amenities and finishes, check out my original post.

So how did that first release go? Was it as insane as everyone expected? I’d say yes. From a reliable source:

Lumina received about 200 offers for the 52 released units. A few were accepted and most were asked to come back with “highest and best.” Additional units were released to absorb more of the interest, resulting in approximately 80 sales. The next release MIGHT BE first come, first serve but buyers that have not prevailed will be given priority, if possible. The next release will not be for a week or more as they are swamped, getting this group of contracts written.

That’s old news. Second release is happening now, and I’d be happy to help you secure a unit in this amazing luxury building.

Alex Clark
Paragon Real Estate Group
415-254-5351
alexclark@gmail.com

-Lumina SF: Pricing, Square Footage, and Timing of Sales – An Update [theFrontSteps]
-Lumina – Luxury High Rise Living In Downtown San Francisco [theFrontSteps]

Telegraph Hill Neighbors: “Our Opposition Is Unconditional”

Ahhh….neighbors. You love ‘em. You hate ‘em. You can’t live in San Francisco without ‘em, and you certainly can’t easily remodel a home to today’s standards without opposition from them. Check out what just hit our inbox:
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If, for some reason, you can’t see the letter, which we uploaded as an image, we’ll go ahead and tell ya what it says:

Dear Mr. [deleted]:
We are neighbors on Telegraph Hill who will oppose any changes to the building envelope at [deleted] owned by [deleted] in this historic district of Telegraph Hill. While the Hill has suffered through renovations in the past, projects such as yours have occurred with extreme environmental changes. Water drainage issues on Telegraph Hill regarding a nearby project created unfavorable slope instability–buildings have been lost and a large boulder ended up on Sansome Street. Additionally, neighbors on [deleted] and surrounds are tired of construction noise and delays in completion caused by projects such as yours. A recent project took 10 years and is still incomplete.

Telegraph Hill is a historic district whose character depends upon building ownership which understands the value of building enhancement not as building expansion, but building enhancement as careful care in keeping up properties in their historic dimension. We find your application to be sadly ignorant of the need to abide by the common elements vital to the neighborhood and its character.

Your proposal to enhance the property needs to be cognizant of the historic preservation without additional elevation or facade changes in all directions. Projects like yours have been attempted in the past and have turned out badly.

While we many of us may be away during your pre-application meeting time, please understand that our opposition is unconditional.

Sincerely,
Your neighbors and friends on Telegraph Hill
[Thirteen names deleted]

Just another bump in the road for a developer out there trying to bring a home that has sat vacant since WWII (yes, that long) into our housing stock…before it falls off the hill or gets consumed by the pests and rodents feasting on its rotting self. But Hey! It’s “historic”.

[Update: We're told none of the authors of this letter took the time to actually visit the property at the open house outreach, and none have contacted the developer, or the architect (aside from this letter) to begin a dialogue of constructive or courteous negotiations.]

You gotta love San Francisco and all the righteousness it preserves…

-Telegraph Hill Landslide forces 120 from homes… [SFGate]
-San Francisco Neighborhoods prone to liquefaction…[theFrontSteps]

From Vacant Lot To Contemporary Home In Eight Short Months: 2192 Funston Ave

What was…

2192Funston

Is now…

2192 Funston Ave, San Francisco CA

But not yet…

Look for this to hit MLS any day, unless someone goes and knocks the seller’s socks off with a big time offer between now and this weekend. Sold in May of 2012 for $489,000 as a “Great opportunity for a developer to build a stunning 4 bedroom, 3.5 bath single family home in highly coveted Golden Gate Heights, [with] shovel-ready approved plans for a single family home in excess of 3,000 sqft, elevator, sauna, 2 car garage, deck, and much more!”

It’s now touted as “a newly constructed contemporary home with panoramic views on a quiet Golden Gate Heights cul-de-sac. [And this] chic and modern beauty is wonderfully laid out on five levels. The stairs are beautiful, especially with the glass paneled railings that create an open and airy sense of space. Too tired to walk up stairs? No worries — that’s what the elevator is for!”

From the looks of the pictures provided by Open Homes Photography, and the minimalist approach to maximizing the views, we’re very curios to see how this $1,680,000 four bedroom, three and one half bath home does in this oh so hot market of ours…especially since it may be one of the few (or only) vacant lots turned single family home west of Twin Peaks with an elevator…and did we mention the views?!

Make sure to check the interactive floor plans, and get yourself out there this weekend to have a look. It’s not something you see everyday in that neck of the woods, and so far, you’re one of the first to know it even exists.

2192 Funston Floor Plan

-2192 Funston, $1,680,000, 4bd, 3.5ba [Property Website]
-New Listed, Newly Sold [theFrontSteps]