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PriceChopper: A Sign of the Times in Telegraph Hill

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Then: $2,850,000
Now: $2,675,000
You Save: $175,000
The Goods: Seems like there have been a few more PriceChoppers of late, no? Well even high and mighty Telegraph Hill is affected, as this "Spectacular Prime Telegraph Hill Contemporary 3 LEVEL" Condo at 1440 Kearny gets a $175,000 chop just over two weeks after it was first listed. Truly a measure of the SF economy and housing market, 1440 sold for $3M in 2001, then sold in 2004 for just under $2M, and is now back on the market for $2.675.... and falling. The penthouse unit features such indispensable luxuries as a private elevator, terraces, "ULTRA-LUSH" garden, two-car parking, and an unbelievably low $100/month HOA dues. So act now -- or wait another two weeks for it to drop to $2.5.
· 1440 Kearny St. [MLS]