Articles Filed Under: RealRecentReductions

(597 posts)
$60M Price Cut For Hillsborough Estate, Seller Agrees To Move

$60M Price Cut For Hillsborough Estate, Seller Agrees To Move

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 16,000-square-foot mansion, has been dropped to $39.9 million. And the condition that the buyer grant the seller, Christian de Guigne IV, a... Read More »

Price Slashed For Streetlight Records Building, Owner Cashing Out

Price Slashed For Streetlight Records Building, Owner Cashing Out

After 35 years in business on Market Street, Streetlight Records is calling it quits. And while the owner of the store and property at 2350 Market had been looking for another tenant, and reportedly didn’t expect it to be a problem despite the current state of retail along the... Read More »

$10 Million Could Buy A City Block In San Francisco

$10 Million Could Buy A City Block In San Francisco

After nearly two years on the market without any movement, and despite a neighborhood campaign to secure the land for community use, the asking price for the 2.2 acre Portola District block bounded by Woolsey, Hamilton, Wayland and Bowdoin streets has just been reduced from $12 million to $10... Read More »

A Gold Coast Home For $2.85 Million, In Alameda

A Gold Coast Home For $2.85 Million, In Alameda

We’d be willing to bet this isn’t what most people picture when they hear Alameda, especially if they’ve never been. Sitting on a half-acre lot in the Gold Coast neighborhood, the four-bedroom home at 1208 Saint Charles Street measures over 4,500 square feet, with a blend of original architectural... Read More »

Another Serious Price Cut For Robin Williams’ Wine Country Estate

Another Serious Price Cut For Robin Williams’ Wine Country Estate

Listed for $35 million in 2012, reduced to $29.9 million in early 2014 and then reduced to $25.9 million after his death, the asking price for the late Robin Williams’ 650-acre wine country estate has just been reduced another $3 million, now asking $22,900,000 for ‘Villa Sorriso.’ Located in the... Read More »

Before, After, And A $500K Cut For A ‘Bespoke’ Cow Hollow Home

Before, After, And A $500K Cut For A ‘Bespoke’ Cow Hollow Home

Listed for $7.495 million in April and in contract for ten days in May, the price for the modern Cow Hollow pad at 1864 Greenwich Street was reduced by $500,000 on Friday and they’re now asking $6.995 million for the “bespoke” five-bedroom home. Purchased as a “charming” two-bedroom for... Read More »

Price Reductions On The Rise In San Francisco

Price Reductions On The Rise In San Francisco

Price reductions for listed homes on the market in San Francisco are more common today than they were a year ago, with roughly 15 percent of the current listings on the MLS having experienced at least one price cut versus roughly 10 percent of the listings at the same... Read More »

Villa De Montaña Returns For Millions Less

Villa De Montaña Returns For Millions Less

On the market for $22.5 million prior to the crash, re-listed for $17 million in 2012 and reduced to $15 million in 2013, the 32-room Villa De Montaña which sits on over 20 acres in St. Helena overlooking the Napa Valley below is now back on the market for... Read More »

Villa de Martini Moves Up To The Six Million Dollar Price Cut Club

Villa de Martini Moves Up To The Six Million Dollar Price Cut Club

The asking price for the “Villa de Martnini” at 298 Chestnut Street in Telegraph Hill has just been reduced by another two million dolalrs, now asking $11 million for the Mediterranean-styled urban estate which was built on a triple-wide lot in 1929, with arched doorways and hand-painted palazzo and... Read More »

$200K Trimmed From Sequoia House, Giant Mystery Solved

$200K Trimmed From Sequoia House, Giant Mystery Solved

Listed for $2.595 million last month, the asking price for the ironically dubbed “Sequoia House” at 3066 Market Street has been trimmed by $200K. And with respect to how the landmark Giant Sequoia, whose native range is well above sea level in the Sierra Nevada, came to be in the... Read More »

$500K Cut For A Barge, Cottage And Harbor On The Bay

$500K Cut For A Barge, Cottage And Harbor On The Bay

Listed for $3.8 million three months ago, the asking price for BayHaven Harbor, a collection of 6 floating home slips, an on-land cottage, and a rustic two-unit residential barge in Sausalito which is also known as 60 Varda Landing, has just been reduced to $3.3 million. The floating home... Read More »

$2.5M Price Cut For Former Pac Heights Bachelor Pad

$2.5M Price Cut For Former Pac Heights Bachelor Pad

The asking price for the three-level Pacific Heights home at 2010 Jackson Street, which was originally built as a bachelor pad for a retired advertising executive and hit the market two weeks ago listed as a “beautiful blank canvas to create dramatic adult house” for $15 million, has been... Read More »

Nearly 50 Percent Price Cut For Infamous Marin Mansion

Nearly 50 Percent Price Cut For Infamous Marin Mansion

Having been on the market for $24.9 million in 2009, the asking price for the nearly 14,000-square-foot Tiburon mansion at 185 Gilmartin Drive, from which Rebecca and Terry Solomon bilked investors out of $18 million, has just been reduced to $12.9 million. The mansion, which the couple was renting... Read More »

Price Cut(s) For Designer Mint Plaza Penthouse

Price Cut(s) For Designer Mint Plaza Penthouse

Listed for $4.5 million last July, the price for the 3,221 square foot penthouse atop the Silver Building, which fronts Mint Plaza at 424 Jessie Street, was reduced to $4.3 million in November.  And in December the unit was de-listed from the MLS without a reported sale. Re-listed for $4.3 million... Read More »

Unexpected Architecture And Now Listed For $2.5M Less

Unexpected Architecture And Now Listed For $2.5M Less

Described as “farm contemporary architecture” by the agent, but with modernist and organic elements throughout, the 8,660-square-foot home at 6 Quail Meadow Drive in Woodside has just been listed for $17.5 million. Built in 1989, the five-bedroom home sits on three and a third landscaped acres, with a pool,... Read More »