2950 Pacific hit the market asking $16,500,000 in May of this year. It very quickly went into contract, and there were whispers all around the residential real estate scene that the buyer was Zynga founder Mark Pincus and his One Kings Lane founder wife Ali Pincus. The Pincus clan listed not one but two of their pricey pads in San Francisco last year. There was their home in Presidio Heights that was listed for $8.9M and sold for $8.2M earlier this year. And let's not forget the drama train and very sad situation over in Cole Valley, where Mister Pincus had paid $2.85M for the home in 2005 and then put it on the market for $2.189M in September of 2011. It sold earlier this year for $1.89M.
As we've already reported, 2950 Pacific, a Dutch Colonial Revival house, has never previously been on the market. It has been in the same family since it was built in 1907. The Pincus family paid $16,00,000 for the 7-bed, 6.5-bath, 11,500-square-foot home perched atop Billionaire's Row. That's a housewarming party we wouldn't mind attending.
· Zynga Founder Mark Pincus Lists Not One But Two SF Abodes [Curbed SF]
· $880,000 Loss For Zynga Founder Mark Pincus [Curbed SF]
· Zynga Founder Mark Pincus Sells His Cole Valley Home [Curbed SF]
· Zynga's Mark Pincus Reduces Price On 3855 Washington Street Abode, You Can Visit It On Sunday [Curbed SF]
· And It's Sold! 3855 Washington Street Closes For $8.2M [Curbed SF]
· That Was Quick [Curbed SF]
· Up This Long Driveway Is a $16.5M Home Perched Atop Billionaire's Row [Curbed SF]
· Zynga's Mark Pincus Buys a San Francisco Home for $16 Million [WSJ]