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I've looked at homes further up the street, and the views are spectacular.

http://www.mapjack.com/?amBnWgUybFDA7CAA

So the house is cursed? Is that what you're telling us? John and Dede live there and divorce. John and Danielle live there, move, and divorce. Dot-commers buys it and loses everything... Bank gets it and closes. Hmmm...

Anyway, great block, lovely and huge (10,000+ sft!) home, absolutely ridiculous price. Has it been totally remodeled? Or are we looking at 10,000 square feet of dry rot, termites, a shifting foundation, and 20 miles of knob and tube wiring?

Price it at or under 10 and it would've sold yesterday, cursed or not.

It was transfered with a sheriffs deed on 4/3/08 for 6.1mil to Robertson Stephens.

The place is a great deal! http://www.sothebysrealty.com/PropertyDetails.aspx?R=100083789&N=12+149+4294967274+4294967261+4294967196&curr=USD&No=2&PSeq=0

Lots of great pictures!

Great House! A+ Northside location. This house will sell! If the homes on Scott Street are pending getting $14-19 million this location is far superior.

Did 2504 Scott go into contract?

Only six full bathrooms? Not sure if I am willing to live in so penuriously.

Too bad they haven't buried the wires on that part of Jackson St. It makes SUCH an improvement in the streetscape appeal when the utilities are undergrounded.

I worked on the house next door to the left, when it was owned by Linda Ronstadt..we were remodeling it. and Danielle Steele used to get into screaming fits about the construction noise. Linda would scream back at her and just say.."shut the fuck up, bitch..".. major drama. fun to watch.

Those wires are for the electric trolley line.

"Those wires are for the electric trolley line."

In the *really* rich parts of town, the lines are actually diverted so rich folks don't need to even smell the riff-raff as they rumble by (e.g., the 24 divis, diverted at jackson) :) :)

When Robertson Stephens (really Bank of America since they acquired Fleet Bank) bought the place in foreclosure in Jan 07 they had the advantage of bidding with funny money. Hayden owes the bank $35million, so this balance serves as a synthetic line of credit for which BofA could seize hard assets to become whole. In reality, there were about $7mm in liabilities attached to the house, so the winning bid of $6.1 million is misleading b/c it doesn't include 1st and 2nd liens, plus all unpaid back taxes, utilities, etc. Sale was thus north of $13mm.

The bank sat on the property for a year because Hayden technically had a year to settle his debts and reclaim the house (by the letter of the law in this type of foreclosure), plus any unforeseen liabilities would have to be attached to the house within the "cleansing period" of 1 yr in order to be valid. Point being, the house is now free and clear.

Was this the former Bishop's mansion (Episcopalian)? I know Bishop Pike lived right around there...

Yes, this was the home of the Episcopalian Bishop of California, and yes, Bishop Pike and his family lived in this house.

Is this the house that the bishop was so embarassed by that he said (per Herb Caen), "It's not home, but it's much?"

Oh my god, after seeing the pics here http://www.sothebyshomes.com/sales/0083789# I almost wanna move in except I think it must be cursed! It looks like a Christopher Peacock kitchen too, marble and all!

what is mr hayden up to now? I wonder how freaked out he is, maybe not at all. I get rattled when I have 5k debt on my credit card :-).

The renovation was done over a year and a half -- i walked by the house over the entire period -- and was an extraordinary high level of material and workanship.

whatever the history of the ownership and the current pricing -- it probaby as good a physical structure as exists in this town / for this age house.

Reduced today by $1.4 million.