Mansion Mondays: San Francisco Part II
Last week, we entered the realm of the San Francisco mansion. With so many to choose from, I started at the lower end with a unique property designed by Joseph Esherick. The home at 3074 Pacific Avenue was only on the market four days when I wrote about it, but it must have piqued someone’s interest, as it looks to already be sold.
This week we head over to the Marina District. Currently there are two homes for sale in this neighborhood, 3310 Baker, on the market 45 days, and a new mansion listing at 3157 Baker. the market 3 days, this Mediterranean-style home consists of 4 levels and 5600 square feet. Listed as “the only home in the Marina that is completely new construction,” this home has a lower floor two-car garage, multiple balconies, and an unfortunate one-color paint scheme throughout. (Although if you can afford this home, it’s small details like this that can be easily and cheaply overcome.)
The property is located in a small triangle-shaped block of the city that only has 3 lots (and what looks like 2 homes). This means that this particular listing is bordered on 3 sides by streets: Baker, Francisco, and Richardson (a multi-lane thoroughfare). However, the builder did install triple-paned windows, which should eliminate a significant amount of road noise.
Recent Redfin Neighborhood Data shows that the median list price/sf is $1,020 for homes, while the median sold price/sf is $576. This new home sits smack in the middle at $893/sf. Given the price history of homes in the neighborhood, (28.6% experience price reductions, with the median total reduction at 12.7%), you may want to take a wait-and-see attitude on this one.
Recent Sweet Digs Posts:
First Hand Account: My Visit to a Home Auction (very informative)
SF: Have these Listing Agents Been Drinking? (hilarious)
The Second Great Depression and How to Survive It (classic film clip accompaniment)
Neighborhood “No-Nos” if Buying for ROI (some sage advice)
10 Reasons to Love (and Perhaps to Live in) Berkeley (although we know there are more….)
