Fridays bring the High & the Low, a Curbed column chronicling the most and least expensive homes sold in San Francisco in the last seven days. It’s been a fascinating week, so let’s dive in.
The owners of the old, two-story house at 25 Rico Way tore it down in 2003 (after paying $889,000 for it three years prior) and replaced it with the existing three-story custom home, which just sold for the first time.
If they built this house today it would presumably have a facade entirely of glass, escalating tiers with glass balconies, and interiors that gleam as white as an Apple Store.
Thirteen years ago, though, they produced something with a decidedly more subdued look overall. Although certain flashy touches, like the hidden wine cellar and the gleaming black subway tile, remind you that you’re living in Marina luxury here.
After 59 days on Realtor, the house sold on Tuesday for $4.99 million, precisely its asking price. Technically, a building over on Francisco Street sold for more on Wednesday ($5.76 million), but we usually don’t count multi-family buildings, making Rico Way the biggest fish this week.
We’re afraid that the city’s least expensive home this week is something of a mystery. In that the ad reveals almost nothing about it.
It’s unassuming 35 Lottie Bennett Lane #2 we’re looking for today, a one bed, one bath TIC home that sold for $450,000 on Thursday, making it probably the city’s thriftiest home for the week.
Where is Lottie Bennett Lane? It’s a tiny alley that runs not even a full block, branching off of Geary between Laguna and the equally tiny Bertie Manor Lane.
As for the condo itself, other than the exterior it’s a rather furtive figure, with only a handful of images that are all, for some reason, nearly exclusively comprised of the floors.
Maybe this one likes to guard its privacy. In any case, it’s a standout beside itself as an increasingly rare less-than-half a million sale in the city.
http://www.schumacherproperties.com/featured.php?which=222
http://www.realtor.com/realestateandhomes-detail/35-Lottie-Bennett-Ln-Apt-2_San-Francisco_CA_94115_M20283-53137#photo2