A lot can happen in a week on San Francisco’s molten-hot housing market. To keep caught up, every Friday Curbed SF examines the High & the Low, a look at the single most and least expensive publicly listed homes sold in San Francisco over the last seven days. Here’s who broke the ceiling and who laid the foundation this week:
Sea Cliff, while neither as big nor as showy as neighborhoods like Pacific Heights, still pulls in a lot of dough. This week, another cliffhanging property took the top spot in publicly listed sales, as the 4,000-square-foot, circa-1937 house at 142 26th Avenue traded hands for $4.05 million, down a bit from its original $4.19 million-plus ambitions.
At first glance it looks like the deal closed on the same day the place listed. While, indeed, it’s a beautiful place, the fact remains it didn’t actually quite that quickly and this seemingly impossible feat is indeed still impossible; realtor Robert Callan listed the home “for comp purposes” after the deal was done.
Callan talked up the home’s French windows and crown moldings, but photos suggest the real stars here are the sweeping spiral staircase, as well as the broad, barely arched portals connecting the first-floor rooms, striking a happy medium between open space and structure.
Whereas Sea Cliff’s soaring luxury spot created the illusion of selling overnight, the week’s least expensive home played something of a long game throughout 2017.
In May, a one-bed, one-bath apartment in the six-unit, circa-1964 building at 184 Locksley, located in the shaded boughs of Forest Knolls, listed for $585,000. It remained there for six and a half months.
That’s not necessarily an unusually long time to hunt up a home buyer. But these days anything opening at less than $600K gets snapped up right quick.
Patience is still a virtue, though, as the deal closed this week, albeit at the slightly reduced price of $530,000, more than enough to join Curbed SF’s increasingly exclusive Under $700K Club. Although in this case, formal induction comes with an asterisk on account of there are no interior photos, leaving the state of this estate a mystery.