When is a bargain not quite what it seems? When it turns into an overbid instead. That’s what happened with this week’s top overbid at 2358 41st Avenue. This two bed, one bath, Outer Sunset setup listed for $1.09-plus million less than two weeks ago, advertised as a “great price,” and closed out for $1.5 … Continue reading Maximum Overbid: The Telltale Bargain
Category: San Francisco Real Estate
SF’s Oldest Home Listing Dumps $10 Million Off Price
Some things get better with age; home listings are not usually reckoned one of them, but there are exceptions. The penthouse at 1080 Chestnut Street is currently the oldest public San Francisco home listing, having gone on the market way back in October of 2019; in fact, in two weeks it will be precisely two … Continue reading SF’s Oldest Home Listing Dumps $10 Million Off Price
Before & After: 1890 Castro Victorian Renovation
Sellers love to push the “r-words”: “renovate,” “refurbish,” “remodel.” Sometimes this is a practical consideration: Certain homes really could do with a new look and more modern sensibilities. Other times it’s simply a shrewd marketing move: People feel motivated to buy things that are new, and University of Western Ontario, Canada researchers find that one … Continue reading Before & After: 1890 Castro Victorian Renovation
Maximum Overbid: Top Sellers Close After Two Weeks Or Less
Even when we’re talking about overbids, money isn’t everything. After all, the most valuable commodity of all is time. Case in point, this week’s top overbid, a three bed, one bath circa 1943 house at 1735 39th Avenue, which listed for just under $1.1 million and closed this week for $1.6, more than 46 percent … Continue reading Maximum Overbid: Top Sellers Close After Two Weeks Or Less
PG&E Building Deal To Oust Famous Falcons From Roof Nest
The big news downtown is that Hines, the developer that bought the longtime headquarters of embattled power utility Pacific Gas & Electric Company (PG&E) for $800 million back in May, plans to redevelop the entire block and create a new, 800-foot building with over 700 homes. That’s all well and good, but the question remains: … Continue reading PG&E Building Deal To Oust Famous Falcons From Roof Nest
Rich People Are Still Buying Homes In the Sinking, Tilting Millennium Tower
Last week saw the news of still more structural problems in the sinking and tilting Millennium Tower, which is now seeing some plumbing problems due to its uneven settling. It’s just more bad news for this top-dollar building with rock-bottom problems. What’s interesting though is that even after five solid years of basically nothing but … Continue reading Rich People Are Still Buying Homes In the Sinking, Tilting Millennium Tower
Barren Glen Park Lot Becomes $5.3 Million Home
They grow up so fast. Just two years ago, Glen Park’s 80 Thor Avenue was a weedy, overgrown lot about the size of a standard tennis court, as it had been for years. That was when its owners put it up for sale, seeking a hopeful $1.85 million, with the addition of permits for an … Continue reading Barren Glen Park Lot Becomes $5.3 Million Home
Maximum Overbid: Great Recession Loser Returns With a Vengeance
Sometimes an overbid gives you perspective on the past as well as the current market–and boy can perspective knock you for a loop. Case in point, this week’s number one spillover is 2242 17th Avenue, a three bed, three bath Parkside house that sold this week for more than $2.2 million, 47-plus percent more than … Continue reading Maximum Overbid: Great Recession Loser Returns With a Vengeance
“Worst House” In Noe Valley Asks $995k
Selling a home–or anything really–demands a deft approach and a certain way with words; the smallest thing can mean the difference between a sale and a close call, and you have to always put a property in the best possible light. Sometimes, however, you’ve got no choice but to just plain tell it like it … Continue reading “Worst House” In Noe Valley Asks $995k
Seven-Level Mid-Rise East Cut Condo Asks $15 Million
If you’ve ever passed by some fancy looking East Cut new construction and wanted the whole thing to yourself, we’ve got an opportunity for you. Just a few days ago, 15-17 Guy Place went on the market, a seven-level, eight bed, eight and a half bath setup on offer for $15 million (we’ll pause just … Continue reading Seven-Level Mid-Rise East Cut Condo Asks $15 Million
Historic Empty Russian Hill Lot (yes) Asks $13 Million
Nothing broadens your perspective on the phrase “a whole lot of nothing” quite like the San Francisco real estate market. Case in point, there’s nothing on the lot at the corner of Taylor and Broadway, just as there hasn’t been for over 100 years. But that hasn’t stopped it from being one of the hottest … Continue reading Historic Empty Russian Hill Lot (yes) Asks $13 Million
“Haunted” Pac Heights Mansion Listed For $5.74 Million
One of San Francisco’s most prominent haunted houses is up for sale–if you believe in such things, of course. What’s objectively true is that the Chambers Mansion at 2222 Sacramento Street listed this week asking the eye-popping but unsurprising sum of more than $5.74 million. The six bed, seven bath edifice is named for its … Continue reading “Haunted” Pac Heights Mansion Listed For $5.74 Million
Photo Finish For Weekly Overbids
Just when you think you’ve seen it all in overbid terms, something can still surprise you. Case in point, it was looking like the top overbid spot for the week would go to 1235 22nd Avenue, a fetching three bed, 1.5 bath Sunset house that sold this week for $1.57-plus million, nearly 44 percent over … Continue reading Photo Finish For Weekly Overbids
Whatever Happened To the Last Transbay Towers?
Decades ago, City Hall planners envisioned a soaring new downtown San Francisco district in the shadow of the Bay Bridge, built around a revamped Transbay Terminal and featuring inspired (and expensive) office towers that would transform the city skyline forever. Today, that dream is largely a reality–though ironically, those towers sit mostly abandoned, and the … Continue reading Whatever Happened To the Last Transbay Towers?
Dolores Heights Remodel Overcomes NIMBYs, Delays For $6.85 Million Listing
We’ve seen the two-unit property at 3790 21st Street that went up for sale this week asking $6.85 million before–despite the fact that this is actually the very first time this home has ever hit the market. See, the last time this house was for sale, it was not yet this house: Previously, the lot … Continue reading Dolores Heights Remodel Overcomes NIMBYs, Delays For $6.85 Million Listing
This $5 Million Haight Vic Renovated, Raring To Go
A great San Francisco home is a work of art–but it’s also a very valuable commodity. Case in point, on Friday a new listing dropped for 459 Ashbury Street, one of the truly, profoundly beautiful Haight Victorians, with five beds, six baths, and a sumptuous baroque exterior dating to 1893. It’s the kind of home … Continue reading This $5 Million Haight Vic Renovated, Raring To Go