Even after a price cut, SF’s new most expensive home is . . .

  • 7ec0c a Even after a price cut, SFs new most expensive home is . . .





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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. 

Calling all luxury buyers

All this gaudy splendor asks now under $20,000,000. Is this the price at which our now most pricey home will sell, or are more discounts coming? Readers, the comments await.

 

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

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