Modernized Cole Valley Victorian with History Fetches $5 Million

Modernized Cole Valley Victorian with History Fetches $5 Million

Purchased as a 2,136-square-foot home for $1.995 million in 2014, the Cole Valley Victorian at 164 Belvedere Street – which had once been owned by the iconic Rolling Stone photographer Baron Wolman, who photographed Jerry Garcia and Janice Joplin, among others, in the former home studio on the top... Read More »

Benchmark Mortgage Rate Holds Post Hike

Benchmark Mortgage Rate Holds Post Hike

With the probability of the Fed’s rate hike last week already priced in, the average rate for a benchmark 30-year mortgage barely moved over the past seven days, dropping one (1) basis point to an average rate of 3.90 percent and to within one (1) basis point of the... Read More »

For the Grace and Good of Western SoMa

For the Grace and Good of Western SoMa

Plans for a four-story, 45-foot tall building to rise on the Western SoMa through lot at 17 Grace Street, which fronts Washburn Street as well, are working their way through Planning and a variance hearing scheduled for next week. As designed, the proposed building would yield 11 residential units,... Read More »

Plans to Redevelop Gas Light Company’s Garden House Formalized

Plans to Redevelop Gas Light Company’s Garden House Formalized

As we first reported last year: With the redevelopment of the adjacent gas station site underway, plans to raze the historic San Francisco Gas Light Company’s former garden house and workshop at 3620 Buchanan Street, which shares a parcel and 75-foot-wide garden with the landmark Gas Light Company building... Read More »

Existing U.S. Home Sales Tick Up, Median Price Hits New High

Having slipped 2.3 percent in April, the pace of existing-home sales in the U.S. ticked up 1.1 percent in May to a seasonally adjusted annual rate of 5.62 million transactions, which is 2.7 percent above the pace at the same time last year. In addition, the median price of... Read More »

Record-Setting Pacific Heights Home Sold for $38 Million

Record-Setting Pacific Heights Home Sold for $38 Million

As we first reported last week, the 12,000-square-foot spec home at 2712 Broadway, which had been on the market since the end of last year with a $40 million price tag, sold “in a battle with multiple bidders,” according to Pacific Union’s PR team. And while the final contract... Read More »

Massive Silicon Valley Estate Sells for 30 Percent of Original Price

Massive Silicon Valley Estate Sells for 30 Percent of Original Price

On the market for $100 million in 2013, the asking price for the 47.5-acre de Guigne estate at 891 Crystal Springs Road in Hillsborough, which includes a classic 16,000-square-foot mansion, was dropped to $39.9 million in 2015 and the condition that the buyer grant the seller, Christian de Guigne... Read More »

Ambitious Plans to Move This Historic Victorian Half a Mile Away

Ambitious Plans to Move This Historic Victorian Half a Mile Away

As we first reported a little earlier today, plans to redevelop the Bryant Mortuary at 635 Fulton Street are in the works, plans which include moving the mortuary to the eastern edge of its Hayes Valley site in order to make way for the historic Victorian at 807 Franklin... Read More »

Hayes Valley Mortuary Could Become Housing (and More)

Hayes Valley Mortuary Could Become Housing (and More)

Plans to add a fourth story and rear addition to the Bryant Mortuary at 635 Fulton Street have been drawn. And as proposed, the historic Hayes Valley building would be converted into a 10-unit residential building, with a total 8 two-bedrooms and 2 threes. But that’s not all. As... Read More »

Stirrings for Long-Shuttered Mission District Site

Stirrings for Long-Shuttered Mission District Site

With the redevelopment of Elbo Room moving closer to reality, we turn our attention to the long-shuttered furniture store space next door at 657 Valencia Street. Having sat empty for over a decade, plans to level the fire-damaged building are now actively under review. And as envisioned and theoretically... Read More »