Articles Filed Under: RealRecentReductions

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Million Dollar Price Cut for the 2018 Showcase Home

Million Dollar Price Cut for the 2018 Showcase Home

As we first noted last month, while it’s certainly not unusual for Decorator Showcase homes to hit the market shortly after their ticketed showcasing has ended, they typically don’t hit the market a few days into their month-long run. But having hit the market with an $8.995 million price... Read More »

Price Cut for Another Former Armory in San Francisco

Price Cut for Another Former Armory in San Francisco

Built to serve as an armory for the National Guard around 1906, and on the market for $9.9 million early last year, the asking price for the three-story parking garage at 819 Ellis Street is now down to an even $8 million. While since shuttered, the third floor of... Read More »

Dolores Park Hive Now Listed at a Larger Loss and Plying Crypto

Dolores Park Hive Now Listed at a Larger Loss and Plying Crypto

As we reported this past October: Purchased by the founder of Hive Communities for $6.495 million in April of last year, the 5,493-square-foot “Light House” condo at 651 Dolores Street, one of four condos within the converted Second Church of Christ Scientist, returned to the market this past August... Read More »

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market with a bit of fanfare and an $88 million price tag back in 2015. Features of the five-bedroom home... Read More »

Price Cut for Approved SoMa Development and Land

Price Cut for Approved SoMa Development and Land

Approved by the City last year, the plans for a 24-unit development to rise up to six stories in height upon the former CrossFit site at 1228 Folsom Street and its underlying Western SoMa parcel hit the market earlier this year priced at $6.95 million or roughly $290,000 per... Read More »

Price Cut for a Prominent Chunk of Telegraph Hill

Price Cut for a Prominent Chunk of Telegraph Hill

Having hit the market priced at $1.4 million in December of 2016, and briefly in contract early last year, the list price for the 120-foot-wide chunk of Telegraph Hill’s hillside which fronts Sansome Street, below the homes at the end of Alta Street above, has just been dropped to... Read More »

$20 Million Price Cut for a Subdividable Silicon Valley Estate

$20 Million Price Cut for a Subdividable Silicon Valley Estate

Designed by the late Goodwin Steinberg and built atop a 48-acre plot of former dairy land in Los Altos Hills, back in 1987, the nearly 9,000 square foot home and surrounding estate at 28011 Elena Road hit the market for the first time in 2012, priced at $50 million,... Read More »

YouTube Co-Founder’s Penthouse Newly Listed for $2 Million Less

YouTube Co-Founder’s Penthouse Newly Listed for $2 Million Less

Purchased as an empty shell atop the Ritz-Carlton Residences in San Francisco for $4.85 million in 2007, the co-founder of YouTube, Steve Chen, proceeded to have the 3,000-square-foot penthouse unit #2402 built-out as an überswank bachelor pad, the build out budget for which was estimated to have been nearly... Read More »

How to Guarantee a Quick ‘Full-Price’ Sale in San Francisco

How to Guarantee a Quick ‘Full-Price’ Sale in San Francisco

Purchased for $1.85 million in July of 2013, the 1,340-square-foot unit #35E at the Infinity, a “signature corner 2BR/2BA with stunning views of water, city or Bay Bridge from every room,” returned to the market listed for $2.799 million in November of 2015. Reduced to $2.699 million in early... Read More »

Matt Cain’s Piece of Paradise Now Listed at a Loss

Matt Cain’s Piece of Paradise Now Listed at a Loss

As we reported two years ago, prior to Matt Cain’s retirement last year: Purchased for $5.5 million in 2013, San Francisco Giants pitcher Matt Cain has put his 11,000-square-foot pad in Paradise Valley, Arizona on the market for $5.85 million. Rebuilt in 2009, the five-bedroom, Tuscan-style home at 5012... Read More »