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]