Articles Filed Under: RealRecentReductions

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Clearance Sale for the Restoration Hardware Residence

Clearance Sale for the Restoration Hardware Residence

Reduced by two million in April, the asking price for the “Eight Palms” wine country estate at 347 South Crane Avenue in St. Helena has just been reduced another $800k (9.4 percent) to $7.7 million. Purchased by the CEO of Restoration Hardware, Gary Friedman, for $5.9 million in 2013,... Read More »

Finest Residence in Ross Finally Sells for $10M with Less Land

Finest Residence in Ross Finally Sells for $10M with Less Land

On the market as “the finest residence in Ross” with a price tag of as much as $20 million over the past three years, the asking price for the recently renovated eight-bedroom home at 1 Upper Road was quietly reduced to $15.995 million last year. And having been re-listed... Read More »

Inventory of Homes for Sale in S.F. Appears to Have Plateaued

Inventory of Homes for Sale in S.F. Appears to Have Plateaued

With supply (new listings) roughly even with demand (sales) over the past three months, the number of single-family homes and condos currently listed for sale in San Francisco now totals 593, which is 3.6 percent lower than at the beginning of April and 26.2 percent lower than at the... Read More »

Steph and Ayesha Curry’s East Bay Pad Officially Listed at a Loss

Steph and Ayesha Curry’s East Bay Pad Officially Listed at a Loss

The East Bay pad that Steph and Ayesha Curry purchased for $3.2 million in the fourth quarter of 2015, after which another $400K was spent to remodel the kitchen (which was used to shoot a Food Network series for Ayesha) and rebuild the master bath with a walk-in steam... Read More »

Million Dollar Price Cut for a New Penthouse Condo

Million Dollar Price Cut for a New Penthouse Condo

Measuring 3,770 square feet and outfitted with three bedrooms, four full bathrooms and a pair of private balconies, the Lumina Tower D unit #36A at 338 Main Street was relatively priced and listed at $8,895,000, or roughly $2,359 per square foot, by the sales office last year. Said listing... Read More »

Another Contemporary Condo in the Mission Now Listed at a Loss

Another Contemporary Condo in the Mission Now Listed at a Loss

The 17 new condos in the contemporary Mission District development at 3500 19th Street hit the market in late 2013 priced at over $1,000 per square foot, including the two-bedroom unit #206 which was priced at $1,879,000 or roughly $1,208 per foot. Subsequently reduced to $1,799,000, a few days... Read More »

From Great Expectations to Listed at a Loss on Mint Plaza

From Great Expectations to Listed at a Loss on Mint Plaza

Purchased for $1.5 million in October 2014, the “Manhattan-like industrial condo” unit #1 at 10 Mint Plaza – which features high-gloss concrete floors, exposed beams and high ceilings, high-end finishes, and direct elevator access to the full-floor unit in the Silver Building – was then offered as a high-end,... Read More »

$6 Million Price Cut for Massive East Bay Compound

$6 Million Price Cut for Massive East Bay Compound

Having been on the market with a $22.5 million price tag for over a year, the asking price for the massive East Bay estate at 10 Winding Lane in Orinda, which is owned by the CEO of McKesson, has just been reduced by $6 million to $16.5 million and... Read More »

Another $100K Cut for Steph and Ayesha Curry’s East Bay Pad

Another $100K Cut for Steph and Ayesha Curry’s East Bay Pad

While the $200K price cut for Steph and Ayesha Curry’s 7,520-square-foot Walnut Creek pad at 620 Sugarloaf Court was walked back after we first reported the unadvertised reduction from $3.6 million to $3.4 million in April, the advertised price was subsequently reduced to $3.5 million last month. And lo... Read More »

Mission District Penthouse Now Listed at a Loss

Mission District Penthouse Now Listed at a Loss

Purchased for $2.595 million in July of 2015, the Inner Mission penthouse unit #504 at 3590 20th and Valencia Streets (a.k.a. the “V20” building) returned to the market listed for $2.8 million last year, a sale at which would have represented annual appreciation of 6.3 percent for the 1,811-square-foot,... Read More »