Articles Recently Tagged: Million Dollar Price Cut Club

(133 posts)
Former Egyptian Consulate in Contract

Former Egyptian Consulate in Contract

As we reported earlier this year: Designed by Bliss & Faville and built following the Great Quake of 1906, the nearly 14,000-square-foot Pacific Heights mansion at 3001 Pacific Avenue was purchased by the Egyptian government in 1960 and served as its Consulate up until around 2010 when it was... Read More »

Former Yahoo Exec’s Perch Fetches 54 Percent of Original Price

Former Yahoo Exec’s Perch Fetches 54 Percent of Original Price

Dubbed “The Perch,” the nearly 8-acre Silicon Valley estate owned by Yahoo’s former Chief Marketing Officer in Woodside, which includes over 7,000 square feet of finished space, with a four-bedroom main home, a pool house with a full kitchen, an adjacent guest house, an exercise studio, terraced lawns, a... Read More »

Menlo Park House of Light Fetches $5.5 Million

Menlo Park House of Light Fetches $5.5 Million

Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot eight years ago, the award-winning “House of Light” at 625 Hobart Street, which first hit the market in 2016 priced at $8.5 million, has sold for $5,537,500 or roughly $1,099 per square foot.... Read More »

East Bay Compound Fetches $10M under Original List

East Bay Compound Fetches $10M under Original List

Priced at $22.5 million in 2015 and then reduced to $16.5 million last year, the massive East Bay estate at 10 Winding Lane in Orinda has just traded hands with a $12.25 million contract price. Previously owned by the CEO of McKesson, the buildings on the gated 8.6-acre estate... Read More »

Price for Hidden Glen Park Estate Reduced Another Million

Price for Hidden Glen Park Estate Reduced Another Million

Having hit the market priced at $12.5 million this past September, the asking price for the massive Glen Park estate at 47 Chenery Street has just been reduced to $8.5 million with a number of incremental reductions between. Once again, in addition to a garden cottage and three-unit building... Read More »

Million Dollar Price Cut for the 2018 Showcase Home

Million Dollar Price Cut for the 2018 Showcase Home

As we first noted last month, while it’s certainly not unusual for Decorator Showcase homes to hit the market shortly after their ticketed showcasing has ended, they typically don’t hit the market a few days into their month-long run. But having hit the market with an $8.995 million price... Read More »

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market with a bit of fanfare and an $88 million price tag back in 2015. Features of the five-bedroom home... Read More »

Pedigreed Postmodern Estate Fetches $11 Million

Pedigreed Postmodern Estate Fetches $11 Million

Built for David Kelley, the founder of IDEO and Stanford Design School, and designed by the late Italian architect, Ettore Sottsass, founder of Sottsass Associati and the Memphis group, the postmodern Woodside home at 1250 Canada Road, which is hidden behind the five-acre estate’s equestrian center and barns, hit... Read More »

YouTube Co-Founder’s Penthouse Newly Listed for $2 Million Less

YouTube Co-Founder’s Penthouse Newly Listed for $2 Million Less

Purchased as an empty shell atop the Ritz-Carlton Residences in San Francisco for $4.85 million in 2007, the co-founder of YouTube, Steve Chen, proceeded to have the 3,000-square-foot penthouse unit #2402 built-out as an überswank bachelor pad, the build out budget for which was estimated to have been nearly... Read More »

Million Dollar Cut for Approved Development in the Mission

Million Dollar Cut for Approved Development in the Mission

Speaking of approved projects in San Francisco’s housing pipeline which have yet to break ground, the asking price for the Mission District parcel on the southeast corner of 16th and Florida Streets – upon which a modern seven-story building with 53 condos averaging 688 square feet apiece; 1,600 square... Read More »