Back in March of 2013, Internet entrepreneur John McLaughlin put his property at 2666 Broadway in Pacific Heights onto the market for $11.25M, or a mind-numbing $2,271 per square foot. McLaughlin bought the William Wurster-designed home in late 2011 for $4.7M, and then sunk bags of money into a 1-year complete remodel. The home, you see, was going to be the residence of his daughter who was going to attend school in San Francisco. The daughter changed her plans, so McLaughlin put the property on the market. The 4-bed, 4.5-bath, 4,953-square-foot home was also once home to Levi Strauss heirs Walter A. Haas Jr. and his wife Evelyn. Unfortunately the home was unable to sell at that asking price, so it was lowered to $10.25M. Shoot forward to December 30 of 2013, and it accepted an offer and sold for $8.65M, or $2.6M below its original asking price.
· Rest Your Head in the Former Home of Levi Strauss Heirs [Curbed SF]
· $1M Price Reduction for a Very Modern Pacific Heights Home [Curbed SF]
· The 10 Most Expensive Residences for Sale in San Francisco [Curbed SF]