When it landed on the market for $995K back in 2012, NoPa's 601 Broderick was a decrepit Victorian that had most recently been used as a Baptist church. Paint was peeling, windows were boarded up, and a wooden entryway had been haphazardly added to the old home's facade. The church's listing mentioned that it was "not for the faint of heart or the faithless." Developers Highland Ferndale Partners decided to take a chance on the property, purchasing it for $1.401 million, or a bit more than 40 percent over its asking price. They ignored the option to turn it into four units and instead restored it as a stunning single-family home that is now asking $5.875 million, a solid $4.474 million over the last purchase price.
The results of the old church's renovation are spectacular. The added entryway has been removed and the exterior restored to its Victorian beauty. The interior is primarily open plan, and a sweeping staircase twists through the center of the house. There are now four bedrooms, five and a half bathrooms and 6,585 square feet of living space. A top-level attic has been converted into bedrooms and a playroom lit up by skylights. The outdoor space includes a roof deck and small backyard. This total transformation registers as our absolute favorite flip of the year.
· 601 Broderick [Redfin]
· 601 Broderick Gets a Facelift [Hoodline]
· 601 Broderick Street [Ahern +Kalmbach Properties]