3800 Washington
The list price for Halsey Minor’s 18,000 square foot Presidio Heights mansion at 3800 Washington Street has just been cut by $1,994,000 (10%). Now asking $17,995,000 for the mansion, adjacent 2,600 square foot guest house, and the undeveloped lot behind.
Le Petit Trianon (Image Source: lepetittrianon.com)
Having topped the list of the Top 500 Delinquent Taxpayers in California last year, Mr. Minor soon thereafter filed for Chapter 7 bankruptcy, listing liabilities of $50 million to $100 million and assets of $10 million to $50 million.
Minor purchased the asset turned liability at 3800 Washington for $20,000,000 in 2007.

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Comments from “Plugged-In” Readers

  1. Posted by curmudgeon

    are we getting closer to actual market value?

  2. Posted by Louis

    sounds like he was a lucky one-hit-wonder winner of dot com 1.0, w good and market timing. clearly not genius if 10 yrs later and bk.
    anyone wonder who the halsey minors/ cnets are of this cycle??
    king? box? stripe? any texting app? twitter? any game app?

  3. Posted by Maple-Bar

    It’s still way, way overpriced. The interior feels more like a run down convention center. The historical protections around it make it an exceptionally challenging renovation. No views what so ever, which is practically a requirement for any SF property over $12M.

  4. Posted by Philip

    A real dump. Pity it can not be torn down. People seem to think anything is “historic” around here.

  5. Posted by presidio heights gal

    I live a block away and the house has fallen into such disrepair it is heartbreaking. It used to be an elegant mansion with beautiful gardens and now looks haunted.
    I hope whoever buys it gives the love & respect needed to bring this former shining jewel back.

  6. Posted by Serge

    Philip: I’m glad we don’t have you deciding what should be kept or torn down. We’d have no shred of architectural diversity in this town.

  7. Posted by Denis

    Unsellable…? It’s almost Bourn Mansion bad… Maybe it’ll go to the bank… I could see it moving for under 10… It’s an 8 figure renovation job for sure… and not suitable for a private residence. I’m not sure about the zoning, but school… museum… sure. House? No…

  8. Posted by EBGuy

    Denis said: museum… sure.
    Ohhh… I like that. Someone call George Lucas. Abundant opportunities for a subterranean build out in the back (with those mini IM Pei glass pyramid skylights that museums seem to love).

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