February 23, 2007
Another Stately San Francisco Home Hits The Market (2863 Pacific)


Another stately Pacific Heights home (2863 Pacific) hit the market yesterday. And while the current listing is lacking in photos (and carries an asking price of $7,750,000), what appears to be a website for the property's last sale is filled with some beautiful shots, floor plans, and an asking price of $6,500,000 (it sold for $7,250,000 according to the agent).
And to be honest, we have no idea what to make of the fact that PropertyShark reports the property last changed hands on 5/9/06 for $10,875,000. Let's just focus on the house (and all the pretty pictures).
UPDATE (2/24): As Eddy notes, 2855 Pacific (the yellow house next door) has officially hit the market as well (list price $7,700,000).
∙ Listing: 2863 Pacific (6/4.5) - $7,750,000 [MLS]
∙ Sotheby’s Interactive Brochure: 2863 Pacific [2863pacific.com]
∙ Listing: 2855 Pacific (7/6.5) - $7,700,000 [Virtual Tour] [MLS]
First Published: February 23, 2007 9:00 AM
Comments from "Plugged In" Readers
www.2863Pacific.com
So predictable.
Posted by: eddy at February 23, 2007 9:43 AM
How strange! This house was for sale very briefly last year and, if I recall correctly, was definitely listed as "sold." Hmmmmm...
Posted by: Sleepiguy at February 23, 2007 10:29 AM
Don't reley on Property shark. The house sold for 7,250,000. A beautiful house in a sterling location. Blows Vallejo Street out of the water...
Posted by: Anonymous at February 23, 2007 10:53 AM
And now their Neighbor is selling too?
2855 Pacific, MLS# 320152 @ $7.7m
Seems odd?
Posted by: Eddy at February 23, 2007 11:17 AM
This is house is much more elegant than that gaudy vallejo palace.
Posted by: Anonymous at February 23, 2007 11:46 AM
Hey I have a house on Vallejo so don't knock it! lol!
Actually, these are great looking houses at "reasonable" high-end prices. If I were in the market for a prime Pacific Heights address, these would probably top my list, though I might hold out for a similarly priced home with bay views.
Posted by: Medusa at February 23, 2007 12:29 PM
I can buy them both and have a couple million left over instead of the place on Vallejo!
Posted by: Anonymous at February 23, 2007 2:42 PM
Yes, you could have two houses "with a couple million left over instead of the place on Vallejo" , but you still would NOT have a "Special" Fur Storage Room like the Vallejo Palace.
Posted by: Anonymous at February 23, 2007 3:21 PM
Compared to 2855, 2863 Pacific looks like a bargain. Difference in kitchens/bathrooms is striking. Will be interesting to see what happens.
And although Vallejo's interior is over the top and a bit confused, it's in a different league than either of these two houses. The views alone are worth a couple million more.
Posted by: Michael at February 23, 2007 11:18 PM
Good Grief! I just noticed the "FRANCAIS" button on the 2855 Pacific listing page. Of all the language translation tabs a multi-million dollar San Francisco home should have on its web page, FRENCH is only a "chic" conceit and the only other language listed. Really now, if anything, the tabs should be for a couple of Asian languages and Spanish. If any house should have the "Francais" button it should be the Vallejo Palace for proper theme ambience alone.
Posted by: Anonymous at February 24, 2007 4:39 PM
I love the mortgage calculator for 2863: with 10% down, it's a low, low $43,800 per month payment. And because it exceeds $1M, none of it is tax deductible. With a $7,700 in property taxes per month and insurance and maintenance, all this can be yours for a cool $55,000 per month.
Posted by: tipster at February 25, 2007 8:09 PM
It appears PropertyShark was right...The city shows a deed transfer on 5/9/06.
http://www.criis.com/webtemp/216.206.235.238/15717.00124106.f1.htm
Posted by: Tim B at March 8, 2007 12:41 PM
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