Articles Filed Under: RealRecentReductions

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A $500K Cut for the Crown Jewel of Piedmont

A $500K Cut for the Crown Jewel of Piedmont

Designed by William Charles Hays and built in 1912, the Edwardian estate at 117 Sheridan Avenue in Central Piedmont has been lovingly restored and remodeled over the past four decades by the Herbert family. While the four-bedroom home appears to measure 4,104 square feet, that doesn’t include the refinished... Read More »

Infamous Marin Home Now Listed for Nearly 50 Percent Less

Infamous Marin Home Now Listed for Nearly 50 Percent Less

Listed for an eye-popping $10.881 million in June, the asking price for the 4,372-square-foot Mill Valley home at 114 Inez Place, which was at the center of a neighborhood brawl over the placement of a memorial bench at the end of its acreage, was reduced 13 percent to $9.495... Read More »

Inventory of Homes for Sale in S.F. Ticks Up Post Presidents Day

Inventory of Homes for Sale in S.F. Ticks Up Post Presidents Day

While slowed by the holiday weekend, the number of single-family homes and condos currently listed for sale in San Francisco ticked up to 510 over the past two weeks, which is 24 percent higher versus the same time last year and the highest post Presidents Day total since 2012... Read More »

A Masterful $2 Million Price Cut for Kirk Hammett’s Sea Cliff Home(s)

A Masterful $2 Million Price Cut for Kirk Hammett’s Sea Cliff Home(s)

Having been correctly fingered as Kirk Hammett’s 4,200-square-foot Sea Cliff home by a number of plugged-in reader’s last year, the asking price for 308 Sea Cliff Avenue has just been reduced from $16 million to $14 million in One fell swoop. And the asking price for the adjacent 5,200-square-foot... Read More »

Contemporary Pac Heights Condo Reduced to Mid-2015 Price

Contemporary Pac Heights Condo Reduced to Mid-2015 Price

Having sold as new for $699,000 in June of 2012, the one-bedroom Pacific Heights condo #203 at 1840 Washington Street, a steel-framed building “with luxury finishes and timeless modern design,” returned to market listed for $949,000 this past September, a sale at which would have represented total appreciation of 35... Read More »

Marin Bench Brawl Home Now Listed for $4 Million Less

Marin Bench Brawl Home Now Listed for $4 Million Less

Listed for $10.881 million in June, the asking price for the 4,372-square-foot Mill Valley home at 114 Inez Place, which was at the center of a neighborhood brawl over the placement of a memorial bench at the end of its property, was reduced 13 percent to $9.495 million in... Read More »

Still Not Cheap but 7.4 Percent Cheaper Than Five Months Ago

Still Not Cheap but 7.4 Percent Cheaper Than Five Months Ago

Listed for $998,708 in June, with the sales office having been open for three months and prices adjusted accordingly, the price for the two-bedroom unit #413 at 388 Fulton Street was reduced to $968,000 in July as a wave of price cuts quietly rolled across the unsold inventory of... Read More »

Apples-To-Apples in Central SoMa, including Interest Rates

Apples-To-Apples in Central SoMa, including Interest Rates

Speaking of list price reductions in San Francisco, the asking price for the “rarely available” corner one-bedroom unit #802 on a penthouse level of the Palms at 555 4th Street, a level which is outfitted with gas stoves and Sub-Zero refrigerators, has just been reduced for the fourth time.... Read More »

$70 Million Price Cut for Massive Peninsula Estate

$70 Million Price Cut for Massive Peninsula Estate

On the market for $100 million in 2013, the asking price for the 47.5-acre de Guigne estate at 891 Crystal Springs Road in Hillsborough, which includes a classic 16,000-square-foot mansion, was dropped to $39.9 million last year and the condition that the buyer grant the seller, Christian de Guigne... Read More »

Price of Hillside Site for Luxury Homes Reduced another Million

Price of Hillside Site for Luxury Homes Reduced another Million

Having hit the market for $20 million last year, the asking price for the San Francisco Overlook site on the western slope of Mount Sutro, which is fully-approved for the development of 29 luxury homes, each with a garage for two cars, was reduced to $15 million in January.... Read More »