Friday is time for the High & the Low, a Curbed column chronicling the most and least expensive homes sold in San Francisco in the last seven days. Here’s this week’s pageant of extremes.
Today explores a tale of two towers, not far apart geographically or architecturally but telling decidedly different stories when it comes to matters economical.
First, this week’s most expensive sale, in the ultra-ritzy and slightly retro Four Seasons on Market Street. This four bed, four and a half bath penthouse listed for $10.9 million in February, a “whopper” that was the second most expensive penthouse listed at the time, coming in behind only the Infinity’s $12 million asking price.
A sale wrapped up this week, and it appears that this high-rise rose too close to the sun with its original eight-figure ambitions, as the final receipt was $9 million in the end.
While ending up more than 17 percent below the list price must qualify as a disappointment on some level, $9 million is still $9 million. Commiseration is presumably not needed.
For the home on the opposite end of the scale this week, a buyer need only trek a few blocks up Nob Hill to 1001 Pine. The condos in this 1963 high-rise are not as swanky as the Four Seasons, not so generous on the floor space, and the view from the studio at #707 a bit less ambitious.
But it does feel as if there’s a certain unnameable kinship between these two seemingly unalike towers. In any case, the price is right up on the hill: This studio sold this week for $531,000.
Like at the Four Seasons that’s technically a little bit of a letdown, since the place listed for $535,000 in January. Towering sales that come in a little bit low seems to be the trend this week.