SF Real Estate Bidding Wars Continue!

The San Francisco Real Estate market continues to stay strong with multiple offers and homes selling well over the asking price.  To be a buyer in San Francisco you need to have two key elements to compete in this market, money and motivation.  How much money you might wonder.  Take a look at the Top 5 Sales in 2014 for October and November.

1).   2610 Scott Street (Pacific Heights)

4 Bedroom, 3.5 Bathroom, 3 car parking, 4,656 square foot home in Pacific Heights.  List Price $9,750,000

SOLD $11,750,000  ($2 Million Over Asking, 7 Days on market)

Scott Street

Enter the house through a tall glass door into a lovely foyer with a spacious dining room to the left. A hallway takes you past the elevator (which goes to all three levels), past the majestic staircase to a dramatic living room complete with a large bar, fireplace, and amazing North/East views including Alcatraz. The large kitchen can be accessed from both living room and dining room. Ascending the spiral staircase, one arrives in a wonderful open space with a skylight above into the family room, with a breathtaking view. There is a grand master bedroom suite with tastefully renovated bathroom and tremendous closet space. There is a second bedroom suite with bathroom on this level. Lower Level consists of a large garage plus work area, bedroom and bath, office and wine room(source MLS)

2).   3560 Baker Street (Marina)

5 Bedroom, 3.5 Bathroom, 2 car parking, 5,895 square foot home in the Marina.  List Price: $6,900,000.

SOLD $7,100,000 ($300,000 Over Asking, 11 Days on Market) 

Baker Street 1

Originally built in 1929, this iconic corner home sits across the street from the Palace of Fine Arts. Records show lot is part of Strawberry Island a gravel and stone sandbar. Current owners have meticulously preserved its original architecture while bringing the home into the 21 century through an extensive remodel including a voluntary seismic upgrade. Comprised of 3 levels, the main level offers a sunken living room w/ viewing balcony, large dining room, and gourmet kitchen w/ adjoining breakfast room. Upper level with master bedroom suite, 2 bedrooms w/ shared bath, and a fourth bedroom/study. Lower level includes a spacious rec room & guest suite. Multiple outdoor venues and viewing balconies including walkout terrace off kitchen and rear garden, attached 2 car garage. (source MLS)

3).   2651 Baker Street (Cow Hollow)

4 Bedroom, 2.5 Bathroom, 1 car parking, 2,668 square foot home in Cow Hollow.  List Price $2,995,000

SOLD $3,800,000 ($805,000 Over Asking, 13 Days on Market)

Cow Hollow Luxury Home

The family owned the home for 45 years.  Quite, sunny block with SF Bay views.  Main level: Foyer, living room w/fireplace, formal dining room, powder room, direct access to huge deck with views of Presidio. 4 bedrooms, 2 bathrooms all on the top level. Gorgeous garden. Downstairs bonus room, bath, garage, laundry, storage. Legal 1BR apt w/FP, garden access, separate entry. Near Presidio, Cow Hollow Playground, shops, dining, transportation. (source MLS)

4).   1660 North Point St. (Marina)

4 Bedroom, 3.5 Bathroom, 2 car parking, 2,945 square foot home in the Marina.  List price: $3,250,000

SOLD $3,500,000  ($250,000 over asking, 16 Days on Market)

North Point

This architecturally significant house is located on an excellent block in the Marina District. San Francisco Architect Paul Ryan, a lead architect for St. Mary’s Cathedral, designed the house in 1933 for his Master’s Degree at the Ecole des Beaux Arts in Paris. Ryan collaborated with another well-known Landscape Architect, Thomas Church, to create this unique property in a beautiful park-like setting. The house has 4 bedrooms, 2 bathrooms, entrance foyer, sunken living room, formal dining room, kitchen, breakfast rm, roof deck w/ panoramic Bay views, au pair/office + separate bathroom in basement w/separate entrance, a 2-car garage, courtyard & garden. (source MLS)

5).    2829 Divisadero Street (Cow Hollow)

5 Bedroom, 3 Bathroom, 2 car parking, 3,580 square foot home in Cow Hollow.  List Price: $4,500,000

SOLD $5,600,000 ($1,100,000 Over Asking, 7 Days on Market)

Cow Hollow home

This grand and glorious Golden Gate Bridge view home has been well-loved for more than 40 years.  The home sits on an extra wide lot providing spacious public rooms. There are 4 bedrooms on the second floor PLUS a bridge-view family room. Full attic and basement – all ready for your creative eye. Lower level has Golden Gate Bridge peek-a-boo view bedroom, full bathroom, access to the garden plus jumbo storage and 2 + car garage with interior access. (source MLS)

If you are in the market to buy or sell give me a call or leave your contact information below and I will be in touch with you shortly.  The company I work for specializes in the luxury market and sold 4 out of 5 of the homes mentioned above!  Let’s find your next dream home today!!!

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