Articles Filed Under: RealRecentReductions

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$2.5 Million Cut for Landmark Presidio Heights Home

$2.5 Million Cut for Landmark Presidio Heights Home

Having hit the market in July priced at $16 million, as we first reported at the time, the asking price for the Landmark Presidio Heights home at 3500 Jackson Street which was designed by Bernard Maybeck and built in 1909 has just been reduced by $2.5 million (15.6 percent)... Read More »

Menlo Park House of Light Reduced Another Million

Menlo Park House of Light Reduced Another Million

Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot seven years ago, the award-winning “House of Light” at 625 Hobart Street hit the market early last year priced at $8.5 million or roughly $1,690 per square foot. Reduced to $6.8 million at... Read More »

$1.5 Million Price Cut for Hidden Glen Park Estate

$1.5 Million Price Cut for Hidden Glen Park Estate

Having hit the market priced at $12.5 million last month, as we first reported at the time, the asking price for the massive Glen Park estate at 47 Chenery Street has just been reduced by $1.5 million (12 percent) to an even $11 million. In addition to a garden... Read More »

19.2 Percent Price Cut for Designer Noe Valley Pad

19.2 Percent Price Cut for Designer Noe Valley Pad

Priced at $6.8 million or roughly $1,420 per finished square foot at the beginning of the year, the list price for the designer five-bedroom home at 4352 26th Street was reduced to $5.995 million in May and the property was re-listed with an official “1” day on the market... Read More »

Best Priced Two-Bedroom in Premier High-Rise Drops Another $93K

Best Priced Two-Bedroom in Premier High-Rise Drops Another $93K

As we originally reported two months ago: Purchased for $1.495 million in September 2015, the 1,418-square-foot Lumina unit #2A at 318 Main Street returned to the market this past June listed for $1.649 million and touting: “Best priced 2bed/2bath home in San Francisco’s premier luxury high rise condo!” While... Read More »

Angling for a Bidding War to Fetch a 2015 Price

Angling for a Bidding War to Fetch a 2015 Price

Listed for $1.17 million, or roughly $768 per square foot, in January 2015, the ClockTower loft unit #C322 at 461 2nd Street quickly sold for an “over asking!” price of $1.45 million, or roughly $951 per square foot, and closed escrow within three weeks of being listed. This past... Read More »

Crown Jewel of Piedmont Now Listed for $2 Million Less

Crown Jewel of Piedmont Now Listed for $2 Million Less

Having hit the market listed as “the crown jewel of Piedmont” for $7.25 million last year, the asking price for the restored 5,700-square-foot Edwardian on a manicured half-acre lot at 117 Sheridan Avenue was reduced to $6.75 million this past March and then to $5.98 million in July. And yesterday,... Read More »

Inventory of Homes for Sale in San Francisco on the Rise

Inventory of Homes for Sale in San Francisco on the Rise

Having hit a seasonal peak in June, as expected, the number of single-family homes and condos listed for sale in San Francisco has jumped an above-average 67 percent since the end of August and totaled 801 at the beginning of this week. While 8 percent lower than at the... Read More »

Big Cut for Former Yahoo Exec’s Silicon Valley Perch

Big Cut for Former Yahoo Exec’s Silicon Valley Perch

Having hit the market priced at $12.4 million five months ago, the nearly 8-acre Woodside estate owned by Yahoo’s former Chief Marketing Officer has just been relisted anew for $10.5 million. Dubbed “The Perch,” the compound at 835 La Honda Road includes over 7,000 square feet of finished space,... Read More »

Original Top Chef Home Facing Foreclosure (Again)

Original Top Chef Home Facing Foreclosure (Again)

The asking price for the very first ‘Top Chef’ home at 3159 Baker Street, which has been on and off the market in the Marina and listed for as much as $6.5 million since 2009, was reduced to $4.488 million earlier this week. At the same time, the owners... Read More »