For Sale | 1651 Page St. | Haight Ashbury | $1,995,000

This one is not yet on MLS…and may not make it there. Because you read theFrontSteps, you get special privileges. :-) Open Sunday 2-4pm. Off Market, and Awesome.

Grand scale, late 1800s top floor Victorian Condominium on a coveted block in the Haight / Ashbury area of San Francisco with approximately 1692 square feet of living space with final stage plans at the ready for a 980 square foot attic expansion. Renovation would result in a 5 bedroom, 3 bath, 2672 square feet luxury residence with exquisite kitchen, dining, and living areas, which open to a private, south facing, deck, and access to exclusive use backyard in a serene and lush urban landscape.


Currently under renovation, 1651 Page street is a wonderful, top floor 3 bedroom, 2 bath, grand period home with hardwood floors, formal living room, formal dining room, high ceilings, updated kitchen, master bedroom and bath, decorative fireplace, in unit washer & dryer, 2 car independent parking, exclusive use yard and additional storage. The unit enjoys wonderful southern exposure, French doors that open to a private deck, and serene landscaped yard, and fantastic, central location with one of a kind shops and restaurants out your door. Also situated ideally for access to Golden Gate Park and Buena Vista Parks, Cole Valley, NoPa, freeway access to points North, South, and East, and of course the famous Haight/Ashbury.

Property is being sold with plans in final stages of approval to transform the main living area into a spacious and modern great room, as well as expansion into the currently 1692 square foot undeveloped attic. This renovation would transform the entire property to a grand and exciting 2672 square feet of luxury living, including a new master suite, tons of new closet space, and views to Sutro Tower. Additionally, plans would introduce a 5th bedroom, 3rd bathroom, entertainment/lounge area, and closets galore, providing two exquisite levels of living, dining, and entertaining in one of San Francisco’s most coveted and historically significant locations.

Property Details:
List Price: $1,995,000
1692 square feet
1692 square feet attic (unconditioned)
Top Floor Condominium in Two Unit Building
3 bedrooms
2 bathrooms
2 parking
Storage
Exclusive Use Landscaped Yard
Exclusive Use Deck
Wood Floors
Decorative Fireplace
Period Details
High Ceilings
In Unit Washer & Dryer
Currently under renovation and without power, lighting, or heat
HOA Fees $435/mo. (Includes Water, Garbage, Insurance, Common Electric and repairs.)

Plans for:
5 bedrooms
3 Bathrooms
2672 Square Feet
Open Kitchen, Living, Dining area
Master Suite
Additional Entertainment area
Luxury to the nines

Showing Schedule:
By Appointment only
Sunday Open House 2-4pm

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351
BRE#01339386

Interested in this property, or any others? Need to sell your property? Contact me anytime:

For Sale | 875 La Playa Unit 179 | Outer Richmond / Ocean Beach | $779,000

Whether you’re looking for a starter home, Pacific Ocean view pied-a-terre, or simply an Ocean Beach property for the right price, 875 La Playa unit 179 is just the ticket.


Situated on the ground floor and just steps from Ocean Beach, this wonderful Outer Richmond residence features an open living/kitchen/dining area, spacious bedrooms, en-suite bathrooms, updated kitchen with stainless appliances and granite countertops, a patio with direct access to the common area/courtyard, a private balcony accessed from the living area and guest room…oh…and VIEWS! Views, views, views. On a clear day you can see the Farallon Islands, and on any given day you can watch ships sail in and out of the bay, whales breaching, dolphins playing in the surf, fishermen, dog walkers, runners, cyclists, surfers, and all of the wonderful things living by the beach affords.

In addition to the well maintained unit with breathtaking views, you also get parking for one car in a large underground garage, a private storage facility, and gym, art, and woodworking rooms.

This home is walking distance to the bustling Balboa Corridor Shops and Restaurants (Have you tried Miki or Shanghai Dumpling King? What about Chino’s?), but it’s also a stone’s throw from: Land’s End hiking trails; the ruins of Sutro Baths; Sutro Park; Cliff House & Beach Chalet Restaurants; Lincoln & Golden Gate Park golf courses; Beach Chalet Soccer Fields; Golden Gate Park; Safeway; and so much more. The location of this property also makes for an easy commute to the South via the Great Highway, East via 5 Fulton, 38 Geary, and 31 Balboa Muni Buses, as well as proximity to the Golden Gate Bridge and points north. If you want to go West, you’ll need a boat.

It’s just a matter of time before the Outer Richmond really gets “discovered” so get in while the gettin’s good.

Property Details:
List Price: $779,000
1306 Square Feet (per tax Records)
2 Bedrooms
2 Bathrooms (both en-suite)
1 Car Parking
1 Storage Unit
Updated Kitchen
Updated Bathrooms
Open Living/Dining/Kitchen
Patio
Private Balcony
Pacific Ocean Views
In Unit Washer & Dryer
HOA dues $733.34 per month (water, garbage, outside management, on-site manager, maintenance, repairs, building insurance, reserves)
Common Areas (Gym, bike storage, BBQ area, woodworking and art rooms)
Close to Public transportation

Showing Schedule:
By Appointment only
Sunday Open House 2-4pm

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351
BRE#01339386

SOLD | 323 Church St. #A | Mission Dolores | $1,525,000

I’m pleased to report the successful off market close of my clients’ amazing condominium in a smooth and effortless transaction. Congratulations to the buyers, and my clients (the sellers). It has been a great deal all around.

Talk about a great location…

Remodeled in 2015 and only lived in by one owner since, this home has softwood floors, high ceilings & period details.

The light & airy living room has new double-paned windows & a decorative fireplace. The remodeled kitchen features Carrera marble counters, wood floors, stainless appliances, including a Bertazzoni Gas range & stackable washer & dryer. It has a lovely, separate dining area with soaring windows viewing lush greenery and open space. The kitchen leads onto a back staircase with easy access to the garden.

This flat features two lovely bedrooms and a home office/den. The tiled bathroom has a shower over bathtub & vanity. The lush common garden is perfect for entertaining. Deeded 1 car parking w/ additional storage. Walk score 98. 1 block to tech buses, shopping, MUNI & restaurants. Walk to Dolores Park, Valencia Corridor & Castro.

Property Details:
$1,525,000
NOT ON MLS
Victorian Flat
2 bedroom
1 bath
Den/Office
Soft & Hardwood floors
High Ceilings
Decorative Fireplace
Designer Lighting
Period Details
Double Paned Windows
Bertazzoni Range
Carrera Marble Countertops
Washer & Dryer
Parking
Shared Yard
Storage
A+++ Location

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

For Sale | 754 18th Ave | Central Richmond Edwardian | $1,095,000

Exquisite Edwardian 2 bedroom plus sunroom (easily used as 3rd bedroom or office), 1.5 bath luxury residence has it all in a location ideal for outdoor enthusiasts, or urban dwellers alike.


This Central Richmond flat features beautiful hardwood floors, formal living room w/ decorative fireplace, formal dining room, updated kitchen, in unit Washer & Dryer, tons of natural light, additional storage, double paned windows, yard (with plum and lemon trees), views, and parking. Half block to Golden Gate Park, and 5 minutes to Ocean Beach. Easy access to Marin, Napa, Peninsula & Downtown. Multiple public transit options, and front row seats to everything Golden Gate Park has to offer. You will be the envy of all your cycling, running, dog-walking, museum-going, and music-loving friends.

Property Details:
$1,095,000
Built 1923
2 Unit Building/HOA
2 bedrooms
1.5 bath
Sunroom with views
1399 Square Feet (per tax records)
1 car parking (option for 2)
Open/Updated Kitchen
Hardwood Floors
Fireplace
Radiator Heat
Shared Yard
Dishwasher
Washer & Dryer
Gas Range
Additional Storage
Shared Extra Room off of garage
Excellent Location
Low $250/HOA Dues (Includes: Insurance, Water, Garbage, Common area utilities)

Showing Schedule:
Saturdays & Sundays 1-4pm Open House
Easter Sunday 2-4pm
Private Showings Upon Request

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

SOLD | 844 Haight St. | Hayes Valley / Lower Haight | $1,320,000

Finally got this one sold (over asking no less)! After getting in contract and falling out on two different occasions with two different buyers, the perfect pair came along in a deal put together by way of my Top Agent Network prior to coming BOM (Back On Market) again. Third time is a charm. For more details about this wonderfully complex set of transactions, how the market impacted this sale, how this property spent nearly 3 months on the market, and lessons I learned (yes, after 15 years every transaction still teaches me something new), give me a shout.

From the marketing…

So you wanna live in the action, do you? Well, I have just the place for you – 844 Haight sits on the dividing line between Haight Ashbury (considered Lower Haight), Hayes Valley, Buena Vista Park, NOPA, Alamo Square, the Divisadero Corridor, is one block away from the Duboce Triangle area…and you’re in luck, because it hits the market today.


Huge full floor 2 bedroom, 1.5 bath Victorian flat with soaring 12′ ceilings and original details in a vibrant central San Francisco location. Formal Dining Room, Living Room, sitting area, eat-in kitchen w/ Italian Bertazzoni stove, hood and microwave, Bosch refrigerator and Dishwasher, Cherry cabinets w/pull out shelves/inserts, Granite counter tops, pot filler above stove, and Bosch Washer & Dryer in pantry. Travertine marble floors in kitchen and baths. Refinished Hardwood floors throughout. Private deck off kitchen leads to beautiful landscaped garden. Tankless water heater. One car parking. Built-in shelving and huge storage space in garage. Walkscore 93, Transit Score 97 (tech shuttle stop around corner), Bike Score 85 (you’re practically ON the Wiggle). Some would say it doesn’t get any better.

Property Details
$1,295,000 SOLD $1,320,000
Victorian Flat
2 bed
1.5 bath
1 parking
Storage
Formal Dining Room
2 Fireplaces
12′ Ceilings
Bertazzoni Range
Bosch Refrigerator
Bosch Dishwasher
Hardwood Floors
Private Deck
Shared Garden
Washer & Dryer
HOA Dues $300/month

More Recent Sales [theFrontSteps]
Testimonials [theFrontSteps]

Exclusively listed by
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

SOLD | 762 Great Highway #3 | Outer Richmond/Ocean Beach | $1,250,000

Congratulations to my clients (the sellers), as well as to the buyers on my most recent successful transaction. What an amazing property with drop dead views in an awesome location. Looking forward to seeing you in the water.

From the listing…

You can’t buy property in San Francisco any further West…this is it…where the land ends and the Pacific Ocean begins. Marvel in the ebb and flow of ocean life from your living room (spot dolphins, whales, sea lions, surfers, kite surfers, and ships going by), escape the City life, catch every sunset from your couch kitchen or dining table, walk the beach every morning, experience the surrounding parks and abundant nature right out your front door.

For Sale | 762 Great Highway #3 | Outer Richmond | $1,095,000

You can’t buy property in San Francisco any further West…this is it…where the land ends and the Pacific Ocean begins. Marvel in the ebb and flow of ocean life from your living room (spot dolphins, whales, sea lions, surfers, kite surfers, and ships going by), escape the City life, catch every sunset from your couch kitchen or dining table, walk the beach every morning, experience the surrounding parks and abundant nature right out your front door.

Situated on the Western-most edge of San Francisco, 762 Great Highway #3 is a top floor, approximately 1491 square foot, Panoramic Ocean View residence with 3 bedrooms, 2 bathrooms, designer remodeled kitchen, refinished hardwood floors, high ceilings, new gas fireplace, in unit Washer & Dryer, Viking range, Dishwasher, new carpet, new paint, abundant natural light, 1 car parking (as well as parking permit for private street), storage, shared yard, and 4 miles of Ocean Beach enjoyment at your fingertips.

If Ocean Beach doesn’t keep you busy, you’re also a stone’s throw from: Land’s End hiking trails; the ruins of Sutro Baths; Sutro Park; Cliff House & Beach Chalet Restaurants; Lincoln & Golden Gate Park golf courses; Beach Chalet Soccer Fields; Golden Gate Park; Balboa Corridor shops and restaurants; Safeway; and so much more. The location of this property also makes for an easy commute to the South via the Great Highway, as well as proximity to the Golden Gate Bridge and points north.

Welcome to Pacific Ocean living at it’s finest.

Property Details:
$1,095,000
Top Floor
Approximately 1491 square feet
3 bed
2 bath
1 parking (plus permit for private street)
Fireplace
Hardwood Floors
New Carpet in Bedrooms
Remodeled open kitchen
Viking Gas Range
In Unit Bosch Washer & Dryer
Bosch Dishwasher
Shared Yard
Skylights
Panoramic Ocean Views
Hoa Dues $200/month (plus $225/quarter for larger HOA)

Showing Schedule:
Sunday 10/9, 2-4pm Open House
Tuesday 10/11, 11a-12:30p Open House & Broker Tour
Thursday 10/13, 5-7pm Open House
Saturday 10/15, 2-4pm Open House
Sunday 10/16, 2-4pm Open House
Private Showings Upon Request

Exclusively listed by
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351

Sold | 2169 Folsom M202 | Inner Mission | $1,400,000

Holy hell that was a long one! In the end, we got it done. Congratulations to all involved. And to those readers that are looking for more blogging than just our recent sales, my apologies. We’re working on that too. Gotta make hay while the sun is shining, and get back to blogging about all that good real estate p*rn when we come up for air. In the meantime, there is always The Goods, which updates daily so you can track everything on your own.

San Francisco Market Report

Britain’s June vote to exit the EU has already had an impact on the market in the US, including here in San Francisco. Mortgage rates have dropped almost a quarter of a percent, making the monthly payments on our pricey housing slightly more affordable. The result is that it will support continuing increases in sales prices, as decreases in interest rates always do. For example, a $1,000,000 loan at 3.75% costs $4,631/month, but at 3.5% you can borrow $1,032,000 for the same monthly payment. And monthly payments are what buyers focus on.

The Federal Reserve Bank of San Francisco published its upbeat Economic Forecast in June which indicated continued strong job and economic growth, continued low business and mortgage interest rates (this was published prior to the vote in Britain), coupled with historically low unemployment and inflation below the Fed’s target of 2%. The conclusion is that they see Gross Domestic Product growth around 2% for the year, at a “pace consistent with moderate ongoing expansion, which we expect to continue over the next few years.”

Of interest was their findings about the cause of the lower labor force participation rates that have been occurring since 2001 that have been noted by many previous reports. It turns out that because of the considerable shift in the wage gains during this time period to the higher income households, that these households have fewer multiple earners. On the opposite end of the spectrum, lower wage earners continue to need multiple earners to make ends meet.

The Fed report hypothesizes that this is a shift that the upper-income households have made in the work-life balance and that the workforce participation in this group may remain low. It is also mimicked by the young workers in upper-income households, where labor force participation is also significantly lower than in the general population.

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San Francisco Single Family Home median prices have been hovering between $1,352,000 and $1,380,000 for the past four months since peaking at $1,400,000 in February 2016. That was the second time median prices had hit that number, first back in May of 2015. With the drop in interest rates, we could break through that median price soon because that drop from 3.75% to 3.5% finances another $45,000 in the loan amount for the same monthly payment.

The Condo/Loft Median Sales Price hit an all time high of $1,180,000 in June 2016, up 4.9% from June 2015.

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Resale Condos-Lofts jumped 59% in both Days on Market and Months Supply of Inventory compared to June 2015, but both are still in strong sellers market territory.

Single Family Homes are up slightly in Days on Market from 16 to 20 both for May to June, 2016 and from June 2015 to June 2016. Months Supply of Inventory dropped from 2.3 in May to 1.9 in June 2016 and was also down from June 2015’s 2 months. Both market indicators continue to show a strong sellers market.

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Single Family Homes New Listings dropped by 55 from May to June 2016. It was also off 61 compared to June 2015. Of additional continuing importance is that the year-to-date number of new listings is down 60 from year-to-date 2015, a 4.1% decline. This helps explain why Months Supply of Inventory is lower than last year.

Resale Condos/Lofts had the reverse trend, with 1 more new listing on the market in June than May, 2016, and 27 more new listings in June 2016 than June 2015. And, significantly, year-to-date new listings are up 167 over year-to-date 2015, which represents a 10.3% increase in inventory. This helps explain why Months Supply of Inventory and Days on Market has risen sharply for Resale Condo/Lofts.

No Mass Exit from San Francisco on the Horizon

At last month’s SFARMLS Building Boom forum, the Bay Area Council presented its latest poll of Bay Area residents, and said that the results show that a third of Bay Area residents “are likely to bolt the region in the next few years”. In truth, that is a big overstatement of the poll results.

What the poll actually asked for was a response to: “I am likely to move out of the Bay Area in the next few years.” What people answered was: 13% said they strongly agree with that statement and 21% said they somewhat agree.

That is certainly not a third of the residents saying they are likely to “bolt” in the next few years. Exactly where would they go? Jobs are here, families are here, the great weather is here. There’s a reason our population is growing – this is a fabulous place to work and live, in spite of high prices and congestion.

1011 23rd Street #10 | Dogpatch Loft | $699,000

Dogpatch, San Francisco: according to Wikipedia “is located on the eastern side of the city, adjacent to the waterfront of the San Francisco Bay, and to the East of Potrero Hill. Its boundaries are Mariposa Street to the North, I-280 to the West, Cesar Chavez to the South, and the waterfront to the East. It contains housing, some remaining heavy industry, more recent light industry, and a new but growing arts district. In 2002 it became an officially designated historic district of the city of San Francisco….[and] there is no definitive explanation for the name

One thing we know for certain, Dogpatch has some amazing properties, and 1011 23rd Street #10 is right up there…

Situated on the corner of 23rd Street and Minnesota, this corner unit residence features soaring (approximately) 17′ ceilings, enormous windows that flood the home with natural light, an open kitchen/living area with bar seating, granite countertops, stainless appliances, fireplace, refinished hardwood floors, in unit Washer & Dyer, new carpet in the loft bedroom, and parking.

Just a short walk away from the increasingly vibrant Dogpatch shops and restaurants, and half a block away from Philz Coffee (yes, that’s a selling feature, since Philz was voted the best coffee house in San Francisco, and this is their Mothership location), living at 1011 23rd Street will afford you all of the new things San Francisco is offering up, as well as some of the old that seems to have been lost (especially some grit and character).

Come check out this wonderful loft, introduce yourself, feel the vibe, cruise the neighborhood, bring me a coffee, and I’ll hand you the keys – coffee and a few hundred thousand dollars.

Listing Details:
$699,000
1 bedroom
1.5 bathrooms
1 parking space
Corner Unit Loft
Soaring (Approx. 17′) Ceilings & Windows
Custom Window Coverings
Open Kitchen w/bar counter
Granite Countertops
Dishwasher
Hardwood Floors
New Carpet in Bedroom/loft
Fireplace
Washer & Dryer
Storage
Fitness Area
View Roof Deck
HOA Dues: $512.94/mo (Includes Water, Garbage, Webpass Internet, Building maintenance, gym, roof deck, building insurance, outside management)
A+ Dogpatch Location

Showing Schedule:
Private Showings Upon Request
Open House Sundays 2-4pm

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351