San Francisco, CA
Presidio Heights mansion has historic $45 million price tag
If this Presidio Heights mansion sells for its itemizing value of $45 million, it might be the costliest residence sale ever in San Francisco.
Particulars: Positioned at 3450 Washington St., the 9,865-square-foot mansion boasts six bedrooms, 7.5 loos and a three-car storage.
- Inbuilt 1929, the house was commissioned by Elsa Guggenhime and designed by famed architects Albert Farr and Joseph Francis Ward.
- It final bought for $18 million in 2014, SF Enterprise Occasions studies.
What they’re saying: “The grandeur and class of this stately residence has been perfected by way of a ‘down-to-the-studs’ renovation that includes a totally reimagined inside showcasing beautiful, timeless finishes all through, creating a very uncommon San Francisco providing,” Compass agent Antoine Crumeyrolle stated in a press release to Axios.
Between the strains: In August, residence costs in San Francisco had been down 11.9% in comparison with August 2021 — promoting for a median value of $1.3 million, per Redfin.
- SF properties on common promote after about 33 days available on the market versus 21 days final yr.
🌱
Assist native journalism by turning into a member.
Be taught extra
Extra San Francisco tales
No tales could possibly be discovered
Get a free every day digest of an important information in your yard with Axios San Francisco.
🌱
Assist native journalism by turning into a member.
Be taught extra