San Francisco penthouse fetches eye-popping $4509 per square foot price


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The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: 181 Fremont.com


The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: 181 Fremont.com


The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: 181 Fremont.com


The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: 181 Fremont.com



The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: Matthew Millman/© Matthew Millman, 181 Fremont.com


The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: Matthew Millman/© Matthew Millman, 181 Fremont.com


The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: 181 Fremont.com


The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: Matthew Millman/© Matthew Millman, 181 Fremont.com



The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: 181 Fremont.com


The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

The tallest, most luxurious, and most expensive units in SF. Note the condo photos in this gallery are not of the actual record-breaking penthouse, but of the typical condo in the luxury tower

Photo: 181 Fremont.com




181 Fremont was always meant to be a rarefied luxury tower, but its first penthouse sale may have surprised even the most optimistic projections.

Closing for $15 million dollars, the three bedroom, 3,326 square foot unit fetched a record-setting $4,509 per square foot, according to the Business Journal.

181 Fremont

The complex has been newsworthy from the get-go.

Finished in January of 2018, this mixed-use building announced itself to the world as SF’s first LEED platinum luxury condo tower, stretching over 800 feet into the sky, the tallest mixed-use building in the West.

In May, media tours began, lured by the idea that developers of the Jay Paul Co. “set out to make the establishment the embodiment of state-of-the-art luxury living and world-class engineering.” Galleries of photos hit the web, showcasing model units designed by Orlando Diaz-Azcuy and Charles de Lisle, as well as the Sky Lounge and some unique panoramic views.


The luxury of the building was impossible to miss.

As the Business Insider put it, “The developer targeted a superior level of luxury — and pricing — with 181 Fremont, which is Jay Paul’s first San Francisco development, first high rise, and first residential project.”

The latest news for the complex: its first penthouse sale has set a new record for the highest price-per-square-foot condo sale in San Francisco, according to Business Insider.

For context, Paragon’s report on real estate sales in SF neighborhoods for 2017 shows condo sales in the North Waterfront area (including Financial District) at an average of $1,303 for three bedroom units.

181 Fremont has fetched more than three times that.

Penthouse life

The three upper floors of the 802-foot-tower consist of four penthouses. Each penthouse covers a full half a floor.

According to 181′s website, “Residents will enjoy a top-notch suite of amenities that encompass an entire floor, featuring a wrap-around observation terrace, The Conservatory, Bay Terrace, fitness center with yoga room, two distinctive lounges, library, catering kitchen, and conference room.”

If $15 million for a regular penthouse isn’t extravagant enough for you, you may want to check out the nearly 7,000-square-foot grand penthouse on the top floor that is listed at $42 million.

Anna Marie Erwert writes from both the renter and new buyer perspective, having (finally) achieved both statuses. She focuses on national real estate trends, specializing in the San Francisco Bay Area and Pacific Northwest. Follow Anna on Twitter: @AnnaMarieErwert 

Article source: https://www.sfgate.com/realestate/article/181-Fremont-penthouse-sale-sets-new-SF-record-13142975.php

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