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Noe Valley: Dream House Endures Nightmarish Cuts

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Was: $2,965,000
Now: $2,325,000
You Save: $640,000

First brought to market in August, 2009, 815 Alvarado Street went unsold (in fairness, as did so much else that year) at nearly $3,000,000. In the spring of 2010 it became the Dream House for the Yerba Buena Center's hugely successful annual auction. Shunning the house, the winner took the $1,500,00 cash prize, choosing to remain ensconced in Oakland where she already had a house and presumably, a mortgage to pay off. There was a price chop in 2010, and this month, a major wobble, in which the asking price went back-and-forth between $2,335,000 and $2,2325,000 over four days. We offer the brokerbabble intact for this 3-bed, 2.5-bath house with a legal 1-bed/1-bath apartment:

The fathers of the Arts & Crafts Movement would surely give an approving nod to this inspired interpretation of their work. Behind a commanding facade is a home of grand scale, with such a comfortable feel, reminiscent of the master-crafted Bungalows of the early 1900's. 3br 2.5ba home over a self contained legal 1br 1ba unit on the garden level. Renovation shows much attention to detail and a keen eye for cohesive design. Coveted Noe location. Actually we think they'd be spinning in their graves while (grudgingly) expressing wonderment at the lavish bathrooms, palm trees and backyard hot tub. William Morris in a hot tub might have sent the Arts & Crafts movement in a completely different direction.

· Grand Craftsman in Noe [Paragon]
· 815 Alvarado Street [Redfin]
· Noe Valley dream House is $3M and has a Self-Contained Apartment [Curbed SF Archives]