SAN FRANCISCO, CA, Mar 19, 2012 (MARKETWIRE via COMTEX) –
A Billionaire’s Row residence on Broadway in Pacific Heights just
sold in a private, off-market sale. Anna Spathis and Dennis
Stavropoulos of Zephyr Real Estate represented the buyer. The grand
estate had a list price of $28.5 million.

The property last sold in 1998 with a list price of $5.5 million. The
owner oversaw a complete renovation in 2002, using only the finest
designs and materials. The spectacular home spans over 16,000 square
feet, seven bedrooms, seven bathrooms, four half baths, two family
rooms, two kitchens, rooftop terraces, six fireplaces and high-speed
elevator access to all five floors. A basketball court is also part
of the estate. Panoramic views encompass the Bay, Golden Gate Bridge
and Alcatraz as well as the City itself.

“Zephyr Real Estate is pleased to have represented our clients in
their purchase of this stunning property,” stated Matthew Borland,
Partner/Sales Manager of Zephyr’s Pacific Heights office, as well as
leader of the company’s Premiere Property luxury division. “These
opportunities are infrequent, and it is gratifying to have been able
to put this deal together.”

While multi-million dollar estates are far from a rarity in San
Francisco, one of this magnitude is certainly not typical. Dennis
Stavropoulos, a luxury real estate specialist representing the buyers
in this purchase, said, “2701 Broadway is truly an inspired residence
with classic architecture, an optimal blend of spaces, and a grand
presence on Broadway Street with expansive unobstructed views of
Golden Gate Bridge and City skyline. Our clients loved it from the
moment they walked in.”

“It was exceptionally rewarding to work with our clients in their
purchase of this spectacular property,” commented Anna Spathis, a
top-producing agent and luxury real estate specialist who
co-represented the buyers in this transaction. “The home is
breathtaking and shows off our City at its very best.”

As the local economy begins to show positive signs, so has the luxury
residential real estate market in the area.

About Zephyr Real Estate
Founded in 1978, Zephyr Real Estate is San
Francisco’s largest independent real estate firm with $1 billion in
gross annual sales and a current roster of more than 200 full-time
agents. In 2010, Zephyr launched its new website, which has earned
two web design awards, including the prestigious Interactive Media
Award. Zephyr Real Estate is a member of the international relocation
network, Leading Real Estate Companies of the World; the luxury real
estate network, Who’s Who in Luxury Real Estate; and the local luxury
marketing association, the Luxury Marketing Council of San Francisco.
Zephyr has six strategically located offices in San Francisco, a
business center in Marin County, and serves a large customer base
throughout the San Francisco Bay Area. For more information, visit

www.zephyrsf.com .

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        Contact:
        Melody Brown
        Zephyr Real Estate
        San Francisco, CA
        415.729.3555
        Email Contact

SOURCE: Zephyr Real Estate

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Article source: http://www.marketwatch.com/story/zephyr-real-estate-sells-remarkable-gold-coast-estate-2012-03-19