Articles Filed Under: Seemingly Random

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The Money Behind That Eye-Popping $13M Sale in Pacific Heights

The Money Behind That Eye-Popping $13M Sale in Pacific Heights

It’s true. The eye-popping sale of 2755 Fillmore Street for $13.25 million last week involved a Chinese couple. But Mr. and Mrs. Li were the sellers exiting the market, not the buyer moving in. And the buyer, who isn’t Chinese nor a foreign national, appears to be moving from... Read More »

Peter Thiel’s Mansion Pulled from the MLS

Peter Thiel’s Mansion Pulled from the MLS

While Peter Thiel, the iconic Silicon Valley investor and co-founder of PayPal, prepares to take center stage at the Republican National Convention, the staged listing for his Marina Mansion at 2140 Jefferson Street has just been withdrawn from the MLS without a reported sale. Purchased for $6.5 million in... Read More »

Palo Alto Bungalow Sells for over $10,000 per Square Foot!

Palo Alto Bungalow Sells for over $10,000 per Square Foot!

Listed for $9.998 million in April, the sale of the 936-square-foot bungalow at 961 Lincoln Avenue in Palo Alto has sold for $9.5 million or roughly $10,150 per square foot! Yes, the price included the adjacent undeveloped parcel at 955 Lincoln, which could be combined with the bungalow’s parcel... Read More »

Luxury Faraday Cage with Views Fetches $5.2M

Luxury Faraday Cage with Views Fetches $5.2M

Listed for $8.6 million a year ago last month, the sale of the full-floor Pacific Heights cooperative apartment which was turned into a luxury Faraday cage with views has closed escrow with a contract price of $5.2 million. Purchased for $2.7 million in 2007, the fourth floor unit was... Read More »

Infamous Marin Mansion Finally Fetches $12 Million

Infamous Marin Mansion Finally Fetches $12 Million

On the market for $24.9 million in 2009, the nearly 14,000-square-foot Tiburon mansion at 185 Gilmartin Drive has finally sold for $12 million. The 1.4-acre property was once owned by Peter Kiritchenko, a Ukrainian businessman who was arrested at the home on fraud charges in 1999. In 2007, the... Read More »

Asking $22 Million for a Stately Pacific Heights Compound

Asking $22 Million for a Stately Pacific Heights Compound

Purchased as a legal three-unit building, which had long been used as a single-family home, for $7.3 million in early 2014, an application to merge two of the three units was approved, the building was gutted, and “2476 Broadway” has just returned to the market as a contemporary 9,340-square-foot... Read More »

Only in San Francisco!

Only in San Francisco!

Five weeks ago the “Exceptional Eureka Valley Home” at 3751-3753 17th Street hit the market listed for “$1.695 million,” or roughly $547 per square foot for the vacant and “lovingly curated” two-unit building in an area where the average sale price has been running closer to $1,070 per foot.... Read More »

Lucas Hasn’t Abandoned Plans for Chicago Museum Site

Lucas Hasn’t Abandoned Plans for Chicago Museum Site

While George Lucas is growing increasingly frustrated by opposition to any redevelopment of Chicago’s lakefront in order to accommodate the building of his proposed Lucas Cultural Museum, a museum which was originally intended to be built in San Francisco and is now being waylaid anew by legal challenges from... Read More »

Asking $10,000 per Square Foot in Palo Alto!

Asking $10,000 per Square Foot in Palo Alto!

The 936-square-foot bungalow at 961 Lincoln Avenue in Palo Alto is now on the market for the first time in nearly a century and asking $9,998,000, or roughly $10,680 per square foot! Okay, so the list price includes the adjacent undeveloped parcel at 955 Lincoln, which could be combined... Read More »

A Two-Bedroom Mission Condo Couldn’t Fetch its Below Market Rate

A Two-Bedroom Mission Condo Couldn’t Fetch its Below Market Rate

Nine months ago the Below Market Rate (BMR) deeded two-bedroom condo #403 at 1587 15th Street, “located right in the heart of the vibrant Mission/Valencia corridor” above the former 4505/Belcampo Butcher Shop and featuring “a fantastic open concept floor plan with hardwood floors, a gourmet kitchen and its own... Read More »