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.
The term “penthouse” can mean a lot of things to a lot of people in San Francisco, but what realtors hope that it means to prospective buyers is exclusivity. The wuestion remains, can the actual home live up to that vibe?
In the case of 2100 Green’s #800 condo in Cow Hollow, realtor Steve Gothelf laid it all on the line for the $5.1 million listing last September:
An arched front door opens to a staircase with ornate floral-designed iron handrail leading up to the generous foyer with of-the-era stained glass windows, track lighting, and powder room; parquet wood flooring is introduced and extends throughout the main living areas. [...]
All-glass solarium features travertine flooring in a Versailles pattern and four French doors to the south-facing private rooftop deck, which boasts panoramic views of the City, Bay, and Golden Gate Bridge
The advertised solarium is quite something, judging from the photos; and whereas any number of Marina and Cow Hollow homes can’t help but have Golden Gate Bridge views, it’s the space itself that should entice the seven-figure set.
Back in September, Curbed SF called 2100 Green—a co-op building dating to 1928—”a true penthouse, fit for any blue blood with a trust fund bursting at the seams.” This week the fund truly did burst, scooping up the two-bed, two-and-a-half-bath pad, which features a solarium.
Although the final price turned out to be a touch lower than the seller’s initial ambitions, $4.8 million is still enough to make this city’s priciest publicly listed home sold, which certainly can only brandish its blue blood credentials. This unit’s most recent sale was back in 2003 for a comparably provincial $2.23 million. Ah, those were the days.
Meanwhile, the city’s least expensive home this week is a single-bed, single-bath apartment in Nob Hill, located at 1001 Pine inside a circa-1963 building.
As it turns out, this 650-square-foot space is a HUD home, “a residential property acquired by HUD [the Department of Housing and Urban Development] as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.”
Yes, HUD homes have grim pasts for those foreclosed upon, but they do sometimes shake out to lower prices for homebuyers hoping to get a foothold in San Francisco.
In the case of #806, the original asking of $615,000 in June 2017 came down to $542,500 by the time it sold as the city’s cheapest home this week—possibly because from the looks of it, the place hasn’t seen any updates since 1963. But even when humble, there’s still no place like home.
- Penthouse Asks $5.1 Million [Curbed SF]
- 2100 Green Street [Steve Gothelf]
- Buying HUD Houses [HUD]
- 1001 Pine Street [Animoto]