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steve2470

(37,457 posts)
Fri Oct 21, 2016, 04:34 PM Oct 2016

Even after a price cut, SF’s new most expensive home is ($19.5 million)

http://blog.sfgate.com/ontheblock/2016/10/21/even-after-a-price-cut-sfs-new-most-expensive-home-is/




After the newsworthy (though discounted) sale of 2250 Vallejo sold this month, another high end property had to step up to claim title as San Francisco’s most pricey listing.

The winner: 2476 Broadway.

Intriguingly, given our heated and generally seller– and seller only– friendly market, this property too is now offered at a discount: the current price of $19.5 million is a mansion size (in other cities, in other states) drop from the original May 2016 list of $22,000,000.

Revised edition

This listing stands out even in the Bay Area’s glut of luxury homes for several reasons. At 9,570 square feet, the original structure here dates to 1913. But now, early 20th century detail has been “largely eradicated from the now four-story mansion, replaced by modern and very expensive features,” such as a huge kitchen taking up almost half of one floor; another floor offers six bedrooms with en suite baths; a lower level is strictly for entertainment through games, wine cellar, music studio or 120-inch projection screen and full surround-sound system. Don’t forget the roof deck with BBQ and fire pit, or elevator running from garage to the top floor.
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Even after a price cut, SF’s new most expensive home is ($19.5 million) (Original Post) steve2470 Oct 2016 OP
The view is spectacular eissa Oct 2016 #1
I could live there only if I rented, and I'm tired of renting nt steve2470 Oct 2016 #5
So exclusive it has it's own web site. ornotna Oct 2016 #2
thanks for that, heck of a view nt steve2470 Oct 2016 #4
They can keep it Warpy Oct 2016 #6
It is quite shiny on the inside ornotna Oct 2016 #9
I agree with you. smirkymonkey Oct 2016 #10
Will the buyer ever get his/her money back? Jim Beard Oct 2016 #11
My great grandparent's San Francisco house, sold during the Great Depression... hunter Oct 2016 #12
Dec 1969 #

eissa

(4,238 posts)
1. The view is spectacular
Fri Oct 21, 2016, 04:42 PM
Oct 2016

The rest? Eh. The modern look is not really my style. Doesn't feel very homey or warm to me.

Really a shame that the city has shut out all but millionaire buyers. I love driving into SF and dream of living there, but it's simply not feasible.

Warpy

(111,261 posts)
6. They can keep it
Fri Oct 21, 2016, 05:46 PM
Oct 2016

Trendy interpretations of mid century modern always look as cheery and inviting as a dentist's waiting room. This one, with all the blinding white and lack of color, is especially cold.

When I hit the lottery, I'll go for one where the architect respected the building's original character.

 

smirkymonkey

(63,221 posts)
10. I agree with you.
Fri Oct 21, 2016, 06:18 PM
Oct 2016

"as inviting as a dentist's waiting room".

So true, no charm or character at all.

hunter

(38,312 posts)
12. My great grandparent's San Francisco house, sold during the Great Depression...
Fri Oct 21, 2016, 08:12 PM
Oct 2016

... has about a dozen people living in it now. My grandma's childhood bedroom has an entire family living in it.

I was talking to a tenant, a recent immigrant, who didn't quite believe it was ever a single family's home. The house itself is owned by some investment company.

The house has two front doors as was the style of the time; one the formal entrance, one the entrance the housekeepers, laundrymen, children, and other casual visitors used.

My grandma's sister told me about the Irish housekeeper and a Chinese laundryman who used to give her and my grandma exotic sweets whenever he was picking up or dropping off the laundry. The housekeeper's room is now the suite with the larger kitchen overlooking the back garden.

My great grandpa was a dreamer who knew that airplanes and the movies were going to be a big deal, but similar to the dot-com bubble of the later 'nineties, he over-leveraged himself betting on the wrong players.

My great aunt was born before the Great Earthquake and remembered growing up in its aftermath.

I'm not sure monetizing property to the extent we do is a good thing. Big money is attracted by the unique qualities of some neighborhood, and this same money destroys whatever unique qualities that neighborhood had, replacing it with some less messy and expensive imitation.

The house in the original post is a faux version of what used to be. What used to be isn't always good, but it's outside the insulation timid wealth demands.

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