Former Cole Valley Teardown Adds Two Stories, Nearly $5.89M

Back in March 2013, the little three-bedroom home at 150 Carmel Street was so obviously a fixer (or worse) that the old listing didn't even include interior photos. The brokerbabble mentioned "deferred maintenance," and the home ultimately settled for $1.855 million. Fast-forward two years later, and flippers have transformed the worn 1937 stucco box into a much larger contemporary glass box whose unifying concept seems to be "inhabitable lantern." There are spare floor-to-ceiling windows wrapping around the facade—including at least one of the now five bedrooms—an arrangement that will either be embraced by exhibitionist owners or foiled by the arrival of unfelicitous window shades. The rebuilt home, which added one story in front and three in the back, is asking a whopping $7.69 million, $5.835 million above the sale price two years ago.

· 150 Carmel Street (2013 Listing) [Redfin]
· Glassy Glen Park Home Perfect for Exhibitionists Asks $4.2M [Curbed SF]
· 150 Carmel Street [Official Site]