Ten million dollars ABOVE asking. Yes, that actually happened. At 20 Cherry Street in Presidio Heights, the asking price was $18,500,000. The October 22 closing price? $28,500,000. That’s a $10,000,000 jump, or 54.05% over asking, reportedly San Francisco’s biggest overbid by dollar amount. The 1966 midcentury estate sits along the Presidio Wall on roughly 13,447 … Continue reading Maximum Overbid of the Week: Presidio Heights Home Sold for $10,000,000 Over Asking
Tag: Presidio Wall
Maximum Overbid of the Week: Pacific Heights Home Sold for $4,505,000 Over Asking
Buyers are still aggressively pursuing prime real estate on the Presidio Wall. The property at 3140 Pacific Avenue recently hit the market asking $7,495,000. The transaction closed quickly for an astounding $12,000,000. Such a serious jump over the original asking price makes it clear that a trophy property commands serious attention… and deep pockets. The … Continue reading Maximum Overbid of the Week: Pacific Heights Home Sold for $4,505,000 Over Asking