April 1, 2013
Another Former Mayor's And Rather "Exclusive" Home Returns
34 Presidio Terrace was once the home of former San Francisco Mayor Joe Alioto, serving as the unofficial mayor's mansion of San Francisco in the 1970's and 80's. And as plugged-in people know, it was bombed during a union strike in 1975.
Purchased for $9,500,000 in early 2008 having been listed for $10,400,000 at the time and on and off the MLS for years, the 8,040 square foot Presidio Terrace mansion has just returned to the market asking $8,980,000.
While still rather exclusive, thankfully the gated Presidio Terrace enclave isn't nearly as "exclusive" as it was in 1915 when first developed and advertised as the only "spot in San Francisco where only Caucasians are permitted to buy or lease real estate or where they may reside." And where buyers had to agree to only sell to other white people as well.
With respect to the home, don't miss the playrooms below:
∙ Listing: 34 Presidio Terrace (5/6.5) 8,040 sqft - $8,950,000 [34presidioterrace.com]
∙ From The Emails Of Tipsters: 34 Presidio Terrace Closing Escrow [SocketSite]
∙ Tainted Love Of Presidio Terrace [SocketSite]
First Published: April 1, 2013 12:30 PM
Comments from "Plugged In" Readers
Such an awkward neighborhood- nobody has any real outdoor space.
Posted by: sf at April 1, 2013 12:21 PM
The Fairmont Area of Pacifica still has in the original deed restrictions of only selling to white people. Crazy.
And to think that was in the early to mid 1950's when Fairmont was built.
Posted by: inclinejj at April 1, 2013 12:56 PM
> Such an awkward neighborhood- nobody has
> any real outdoor space.
Most people that spend a lot of time outside move to Marin, the East Bay or the Peninsula. I bet I have friends that have not "used" their little yards in SF in years...
P.S. I bet most the people in Presidio Terrace voted for Senator Phelan in 1920 who ran with the slogan "Keep California White"
P.P.S. I heard that DiFi gave her Presidio Terrace home to her daughter after her and her husband bought George Lucas' place off the Lyon Street stairs. Anyone have any idea if Katherine (who may be our next Senator since she has such good name recognition) still lives there?
Posted by: FormerAptBroker at April 1, 2013 2:23 PM
This is practically in the Presidio so I don't think access to outdoor space is a major concern. I'm sure everybody on Presidio Ter has exactly the amount patio and outdoor kitchen they desire despite not being on 3-acre lots. Besides, this is in fog country.
Posted by: formidable doer of the nasty at April 1, 2013 3:09 PM
Finally! A theatre room for snugglers.
Posted by: BobN at April 1, 2013 3:18 PM
Sold for 9.5 million
Posted by: Denis at May 11, 2013 4:28 PM
The sellers heavily renovated the place from when they bought it 5 years ago. Good that they got the same price back as what they bought it for, but I'm guessing they put about 500k in renovations into the place. Throw in property taxes and realtor fees and it's a hefty chunk of change.
Posted by: Bob Loblaw at June 4, 2013 6:17 PM