April 5, 2012
A Pre-Showcase $2,500,000 Price Cut For 2020 Jackson
Purchased for $15,000,000 by the Catherine Schwab Revocable Trust in 2004, the 11,500 square foot Hellman Mansion with seven bedrooms at 2020 Jackson Street returned to the market seven months ago listed for $20,000,000.
Since tapped to be the 2012 Decorator Showcase home, as it was in 1991 as well, the asking price for the Julius Kraft designed pad has just been reduced to $17,500,000.
Built in 1902 by Wells Fargo Bank President Isaias Hellman as a wedding gift for his daughter, 2020 Jackson Street served as the makeshift headquarters of Wells Fargo following San Francisco's great quake and fire in 1906. As it appeared at the time:
∙ Listing: 2020 Jackson Street (7/7.5) 11,500 sqft - $17,500,000 [2020jackson.com]
∙ The Hellman Mansion Officially Hits The Market Listed For $20 Million [SocketSite]
∙ Showcasing 2020 Jackson Street [SocketSite]
∙ 2020 Jackson’s Storied Past (And Currently Staging) [SocketSite]
First Published: April 5, 2012 2:45 PM
Comments from "Plugged In" Readers
I would have gone with a "Showcase Showdown" reference ala "The Price is Right"
Posted by: eddy at April 5, 2012 3:31 PM
this is just the reduction I was waiting for
time to pounce
Posted by: wrath at April 5, 2012 5:48 PM
Maybe the owners will never step foot in that kitchen, but "the help" will be sad when they first set eyes on a kitchen that looks about as large as a butler pantry in most homes of this size.
Posted by: astonished at April 5, 2012 8:21 PM
Which of the two fully outfitted kitchens are you referring to? Personally, I think the staff will be ok with either one..
Posted by: R at April 6, 2012 8:02 AM
Who cares what "the help" think?
Posted by: Rillion at April 6, 2012 10:26 AM
"Who cares what the help think?"
Posted by: mikel at April 6, 2012 11:49 AM
the help "think"?
that may spell trouble......
Posted by: wrath at April 6, 2012 12:33 PM
Let them eat cheese
Posted by: Eddy at April 6, 2012 2:33 PM
> Who cares what "the help" think?
Back in 1940 Clara Heller who lived at 2020 Jackson had quite a bit of "help" (a Houseman, two regular maids, a cook, a kitchen maid and a laundress).
To see what Clara paid "the help" back in 1940 take a look at the census data that was just released: http://tinyurl.com/6wffnq5
P.S. Do not click on the census link unless you have a lot of time to burn. It takes a while to get the hand of finding homes, but once you get good it is easy to look up just one more relative...
Posted by: FormerAptBroker at April 6, 2012 2:45 PM
All I got for our wedding was a couple sh*tty Target toasters!
Posted by: inclinejj at April 6, 2012 3:13 PM
I can't find the link in my browser history so maybe I'm imagining it, but I read somewhere that even in the present day, when the home gets into the five figures of square footage, the rule of thumb is that you're going to want a dedicated or preferably live-in housekeeper.
I have no way of knowing what configuration this home was in in the pre-war period, but I guess you'd want to put the maid in the Au Pair Suite here nowadays if you want to keep your guest rooms available.
That's a decision I'll never have to spend time pondering.
Posted by: Brahma (incensed renter) at April 6, 2012 4:52 PM
Following an official 381 days on the market, most recently asking $17,500,000, the listing for 2020 Jackson Street has been withdrawn from the MLS without a reported sale.
Posted by: SocketSite at October 1, 2012 2:57 PM