It wasn't long ago that the big, modern home at 625 Duncan Street was setting records. Last February, the house sold for $7 million and became Noe Valley's biggest sale ever. Then, late last month, 625 Duncan mysteriously popped back onto the market asking just $6.5 million. Now it's fallen even further from its glorious peak and taken a massive $1 million price chop to land at $5.5 million. That's about $300K less than it sold for way back in 2008 when it was brand new. The house has five bedrooms, five and a half bathrooms, incredible views, and a four-car garage.
So what's wrong with this modern stunner? First of all, it's currently under construction. As its original January listing noted, it has been "stripped out in some areas to allow for alterations" and is up for sale with those stripped-out portions still bare. The listing has now been altered to note that construction estimates are available from design firm Artthaus "for a speedy and efficient completion of the current work in progress." The place is also being shown empty and unstaged. Will a buyer swoop in to rescue 625 Duncan from its current undignified state?
· Noe's Priciest Home Mysteriously Returns, Now Seeks $6.5M [Curbed SF]
· 625 Duncan [Redfin]