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.
Last week saw a rare sight: one of the most expensive homes in San Francisco (on Pacific Avenue) selling for more than $10 million. Or maybe it’s not such a rare sight, because less than a week later yet another most expensive house on Pacific Avenue has sold for more than $10 million.
But that’s where the similarities end, as 3515 Pacific Avenue is a beast all its own, a looming six-bed, six-and-a-half-bath, circa-1911 Craftsman facing the Presidio.
When the place listed on March 10 for $6.9 million the photos suggested some wear and tear around the edges. But it looks like it didn’t matter, as a sale closed Thursday for (wait for it) $10.35 million, an incredible 49.9 percent over the asking price.
Maybe the seller low-balled the asking price on purpose, or perhaps there was a disconnect between initial expectations and what fresh eyes felt that the remarkable looking home was worth. Either way, it’s one for the record books.
For this week’s least expensive home, climb up the crest of Nob Hill and almost to Grace Cathedral for a gander at 1155 Leavenworth #10, a TIC studio in a 1925 building that sold after just under a month for the (by San Francisco standards) almost shockingly low sum of just $400,000.
However, special attention must also be paid to Bernal Heights this week. Although it was not, strictly speaking, a home sale, the lot at 3579 Folsom (the very end of Folsom Street as it turns a corner and becomes Chapman) is a special case.
It sold late last Friday for $299,000. That was exactly the asking price—and it only took three solid years of waiting to get it.
This little lot, possibly the last vacant property in the neighborhood, is so oddly shaped that even the realtor selling it said two and a half years ago that he wasn’t sure anyone can actually build something there.
Nevertheless, its grassy charms have finally prevailed.