An eagle-eyed (and elephant-minded) tipster notices that 868 Arkansas is back on the market. As you might recall (as did our tipster), 868 Arkansas was the focus of a somewhat controversial Chronicle article last October.
“[The Seller] was considering taking a job in Seattle last year and put the house on the market last fall. After just two weeks, she received two offers, including one for $975,000. She decided against the new job and turned down the bidder. Now, she’s decided to move to Europe and is asking $949,000 for her house [which was originally listed for $989,000].”
“If she hasn’t received any offers by month’s end, Nakajima said she’ll stop trying to sell the house, which she bought 2 1/2 years ago.” They aren’t building single-family homes up on the hill in San Francisco any more,” said Nakajima. “If I absolutely had to sell, that would be one thing. But…just breaking even is not really what I had in mind.” (Home prices slip after 4 hot years)
With regard to the new listing, we can’t help but notice some great new photos (we’re particularly drawn to the leaded glass windows, hardwood floors, and French doors). And yes, a great new price ($899,000). “Twilight Showing” (with wine and cheese) this Friday (1/26/07) from 5:30-7:30pm.
∙ Listing: 868 Arkansas (3/2.5) – $899,000 [Paragon]
∙ The Article (And The House) [SocketSite]
∙ Home prices slip after 4 hot years [SFGate]