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Telegraph Hill Massive Chop

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Was: $12,900,000
Now: $11,000,000
You Save: $1,900,000

Six weeks after going on the market, this 4-bed, 4.5-bath home on Telegraph Hill has already received a huge price chop from its astronomical listing price. Curbed commenters previously speculated that $12,0000,000 of the original price was for the fact that you own pretty much every view of downtown San Francisco, so maybe it's a steal now. It's pretty spectacular place with all the high-end design you'rd expect from one of the most expensive houses on the market in San Francisco right now. So why the chop? If someone is going to cough up this much money, do you really think they're looking for a deal? We think that anyone who has a spare $11,000,000 can probably dig in the couch cushions for a few million more. What do you think, dear readers? Should we expect another giant chop, or will it find deep pockets this time around?
· 260 Green [Redfin]
· Are Views and Location Worth $12,900,000? {Curbed SF]

260 Green Street, San Francisco, California