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Time To Dust Off Your Formal Wear

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Pour yourself a drink, dear readers, because 2420 Pacific in Pacific Heights just closed escrow with a price of $7,400,000. What's crazier? It was originally asking $12,800,000. We know the location is top tier, but that isn't the only reason this beauty got over seven million dollars. It was built in 1902 by Julius Ernest Krafft and restored over the years to the original Georgian architecture. It's got a ballroom, nine fireplaces, formal reception area, and enough wood paneling to make any other home jealous. Whoever the lucky buyer is is only the third person to own the property, as it's only changed hands twice since 1902. Cheers to the lucky buyer.
· 2420 Pacific [Redfin]
· Calling all Captains of Industry [Curbed SF]