Articles Filed Under: RealRecentReductions

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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 »

Reduced Sale Prices at the San Francisco Shipyard

Reduced Sale Prices at the San Francisco Shipyard

The brand new three-bedroom unit #215 at 555 Innes Avenue, one of the 159 units within the second wave of development at the San Francisco Shipyard, was priced at $910,500, or roughly $728 per square foot, back in June of 2016. And having been reduced to $875,000 at the... Read More »

Major Price Cut for a Former Consulate in San Francisco

Major Price Cut for a Former Consulate in San Francisco

Designed by Bliss & Faville and built following the Great Quake of 1906, the nearly 14,000-square-foot Pacific Heights mansion at 3001 Pacific Avenue was purchased by the Egyptian government in 1960 and served as its Consulate up until around 2010 when it was last renovated and reinforced. And having... Read More »

Now Angling for a Bidding War in The Bellaire

Now Angling for a Bidding War in The Bellaire

Purchased for $1.21 million in November of 2015, the 1,003-square-foot unit #303 in the classic Russian Hill building known as Bellaire Tower (1101 Green Street) returned to the market with a $1.195 million price tag this past August. Five weeks later, the list price for the “light and bright... Read More »

Quiet Million Dollar Cut for a Rocker’s Sea Cliff Home

Quiet Million Dollar Cut for a Rocker’s Sea Cliff Home

Having been reduced from $16 million to $14 million in one fell swoop earlier this year, the listing Kirk Hammett’s 4,200-square-foot home at 308 Sea Cliff Avenue was officially withdrawn from the MLS a few months ago without a reported sale. And this afternoon, 308 Sea Cliff Avenue was... Read More »

Rents Dropping for New Apartments in Dogpatch

Rents Dropping for New Apartments in Dogpatch

Back in August, a few months before the first phase of Avalon’s new 326-unit Dogptach development at 800 Indiana Street open its doors, the development was being marketed with studios starting at $2,910 a month; one-bedrooms starting at $3,305; two-bedrooms starting at $4,525; and three-bedrooms priced at $6,979 and... Read More »