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Renovated Nob Hill condo returns with pruned price, asks $3.4 million

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Inside historic circa-1923 building

Photos courtesy of Joel Goodrich at Coldwell Banker and Yelena Laudati at Climb Real Estate

Three years ago this tony condo in Nob Hill landed on the market for a modest $2.19 million, nabbing an impressive $2.05 million. What a difference one year and a renovation make. This palatial pad returned in 2016 asking $3.98 million. Alas, no takers. Now it’s back, again, with a price cut aiming to temp a willing buyer.

Featuring four bed, four bath, and approximately 2,450 square feet, 850 Powell, #104 is located inside the Francesca, which opened in 1923. Highlights include 12-foot beamed and coffered ceilings, exposed pillars and subway tile in the bathrooms, doorman, separate freight elevator, and a new look.

As for the building, it was designed by Gustave Albert Lansburgh (of Oakland’s Temple Sinai), Kenneth MacDonald (a graduate of École des Beaux-Arts), and MacDonald’s partner Maurice C. Couchot.

HOAs come to $2,150/month. Asking is $3,488,000.