Many of the made-over properties around San Francisco are built in a cookie-cutter style, with predictable layouts, design elements, and finishes. That is not the case with 1864 Greenwich Street in Cow Hollow. When developer M-Projects bought the property for $1.51 million back in 2012, it was a two-bedroom that was outdated and had odd features—like a stove in the dining room—but had been well kept. Virtually nothing from that little house remains apparent, and the rebuilt home is most definitely not generic flipper style. Instead, it's a geometric creation with wood accents everywhere, from the master bedroom on out to the facade (which, along with the six decks, works out to a goodly seven miles of hand-cut cedar). The new price for the house, which now has five bedrooms, is $7.495 million, a massive increase of $5.985 million.
With five bathrooms and roughly 4,750 square feet of space, the revamped house has tripled in square footage. There are some of the usual flipperish touches, like a floor-to-ceiling marble fireplace, an open plan, and one of those ubiquitous soaking tubs. There are also six outdoor decks, including a big roof deck on top. The backyard is bordered by bamboo and volcanic Indonesian stone, and there is parking for four cars in the garage. We imagine that the style won't be for everyone, and the house isn't located near the Presidio, in what is usually the priciest part of Cow Hollow. So we're interested to see if this home can pull in the big price that it's asking, particularly since a similarly marble-slathered overhaul by the same developer, around the corner at 3020 Laguna, came in under asking when it sold in 2013.
· 1864 Greenwich Street [Paragon Real Estate]
· Previous Listing for 1864 Greenwich Street [Redfin]
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