A few months after Laughing Squid launched their blog from Albion Castle in early 2005 the Hunter’s Point property at 881 Innes Avenue was auctioned off at the Palace Hotel in front of a thousand spectators and sold for $2,090,000 (purchased for $400,000 in 1999).
The mortgage banker buyer had planned to resurrect the Albion Porter & Ale Brewery for which the castle was originally constructed and open a restaurant on-site as well. And while the restaurant and re-brewery plans never materialized, the interior of the San Francisco Historic Landmark was renovated and restored.
Back on the market and asking $2,950,000 which includes water rights to a 10,000 gallon per day underground spring (think late night “pool” parties back in the day).
∙ Listing: 881 Innes Avenue (4/2) – $2,950,000 [MLS] [Map]
∙ The Albion Castle [Albioncastle.Us]