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Chateau Beau or is that Bleu, and is it for sale?

A reader (Sean) asks:

“I saw what looks like a cool old home in Pac Heights (Jackson & Gough) named “Chateau Beau” (or something like that) that is for sale.

What’s the story with this place? Thanks.

Well Sean…since you’re cool with us sharing the info we already told you (touched up to add a little editorial flare of course) with everyone else, here goes:

Address is 1901 Jackson

In 2001 “the mansion” underwent an extensive renovation and became two side-by-side 3-level townhouses. The restoration brought back a lot of the original features including the marble front steps.

Back in October of 2003:

-#1 was listed for $3.4M (5 bed, 5.5 bath and 5300 square feet)

-#2 was listed for $3.2M (5 bed, 5 bath, and 5500 square feet)

We were inside the building in 2003 when it was on the market and it never sold. If you like opulent, marble, gold/brass, it is the place for you.

It is #2 that is currently for sale. Asking $3.7M. Been “on the market” about 8 months, but never in MLS. They’ve apparently received 4 offers total over the life of this “listing”, all of which were under asking, and not acceptable to the seller. They’re in contract now (no idea what price), it has been in escrow for 6 months, but we’re thinking the deal could be going sour, so if you’re interested, we can get you in (showings by appointment only). The seller of unit #2 owns the whole building and is looking just to sell this one unit at this time, and they’re apparently very stuck on the price.

Hope that helps. Let’s not forget it is on the corner of Gough, one of the busiest streets in the city, and a very steep section to boot (think accelerating Harley Davidsons, and Ferraris that never get out of first gear).

And it’s Chateau Bleu…thanks for asking.

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