Articles Filed Under: RealRecentReductions

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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 »

2006 Pricing for Villa Tara in Tiburon

2006 Pricing for Villa Tara in Tiburon

Purchased for $7.6 million in early 2006, the 6,500-square-foot “Villa Tara” at 12 Tara Hill Road in Tiburon returned to the market listed for $10.9 million last year. Reduced to $9.5 million and then withdrawn from the MLS this past March, the four-bedroom home, which features sweeping bay views... Read More »

Half-Off for Woodhaven Manor in Woodside

Half-Off for Woodhaven Manor in Woodside

Originally marketed by Sotheby’s for $47.5 million in 2012, the Woodside estate dubbed “Woodhaven Manor,” which was built in 1988 and includes a 12,000-square-foot main home, a 1,200-square-foot carriage house and a 1,000-square-foot guest house on over 3 acres of land at 700 Kings Mountain Road, was listed for... Read More »

One Year Later and Listed for 24 Percent Less at The Infinity

One Year Later and Listed for 24 Percent Less at The Infinity

Listed as an “Ultra Rare Super Sized Home at the Infinity” for $2.4 million in September of last year, the two-bedroom unit #5C at 301 Main Street sold for $2.3 million last December. Six months ago, the “Massive sized condo with tons of storage!” returned to the market listed... Read More »

One of Three on That Coveted Block Fetches $1,854 per Foot

One of Three on That Coveted Block Fetches $1,854 per Foot

Listed for $15.5 million in May, reduced to $13.5 million in July, and then de-listed from the MLS last month, the remodeled Pacific Heights mansion at 2480 Broadway has quietly traded hands for $11,742,500. That’s roughly $1,854 per listed square foot for the 6,335-square-foot home with panoramic views and... Read More »