115 Wool Street
We can’t help but notice a mini-boom of extensively renovated (or newly constructed) Bernal Heights homes hitting the market over the past couple of months. The latest example: 115 Wool Street (advertising “all new electrical, plumbing, windows, [and] skylights” along with a “gourmet” kitchen, concrete counters, and an underground wine cellar).
And while the description and pictures piqued our interest, we’re having a hard time getting a feeling for the flow and finish of the house (we missed the “Wine Reception Preview” and open houses last week). Have any readers taken a tour and care to share a first impression, or perhaps be willing to compare and contrast with any of the other newly renovated/constructed Bernal homes that are currently on the market?
∙ Listing: 115 Wool Street (3/2) – $998,000 [MLS]

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Comments from “Plugged-In” Readers

  1. Posted by Dude

    This is a quick flip. bayareasoldhomes.com says this place was purchased for $641K in February of this year. Although the renovation does sound expensive.

  2. Posted by Anon

    My clients loved it.

  3. Posted by Pete

    I made it to the wine reception and it was well attended. The one thing I would say is that it is no quick flip. It seems like someone has spent a lot of time on this place. The finishes were top notch.

  4. Posted by Michael

    There’s a world of difference between a “flip” (quick resale without adding much value) and a down to the studs remodel and redesign. From the pictures I’m guessing this was a $150-200K remodel (and worth every penny).

  5. Posted by Anon2

    I was at the wine reception as well and based on what I saw, this house would’ve sold for a lot more than $614k if it were anywhere near this nice in February.

  6. Posted by James

    I have experienced several properties that were renovated in the past by this builder. The attention to detail in all, and especially this property is top-notch! I would put the remodel in excess of $300K.

  7. Posted by Jane

    Here is another beautifully executed renovation from the same team that remodeled 3960 Folsom Street. I was at the wine reception and from the moment I walked in I could see that no detail was overlooked. It was easy to see that each room has been designed thoughtfully and executed using the highest grade materials available. This property is a wonderful example of quality workmanship inside and out. The two contractor/designers who did the remodel spent in excess of over $300,000, and infact have not paid themselves with any of that money.

  8. Posted by Anon

    The house is gorgeous, but seems underpriced. Anyone care to comment on what it should be going for?

  9. Posted by brett

    zillow said it went for 1.25m. went to see it twice, was really nice.

  10. Posted by sfrenegade

    This place went for $1.257M in December 2006, but then sold for $1M flat in October 2010.
    For the record, the 2006 permits say $125K in work (DEMO GROUND FLOOR ILLEGAL UNIT & FIRST FLOOR KITCHEN & BATHROOM, REAR STAIRS. CONSTRUCTION OF INTERIOR STAIR, NEW BATH & KITCHEN,(1ST FL) NEW CONST. OF GROUND FLOOR BATH, UTILITY & MASTER BATH. 1-HOUR CONST IN GARAGE. RE-CONSTRUCTION OF REAR STAIR.) + $8K in termite work.

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