The highs and lows of August
REAL ESTATE | CYNTHIA TRAINA
Billionaire’s Row has witnessed yet another record-breaking sale. The property at 2799 Broadway, which had been on and off the market since October 2019, with an initial asking price of $39 million, finally closed in August for just over $29 million. The new owners acquired the 11,600-square-foot home for $2,505 per square foot — a significant discount compared to the neighboring property at 2840 Broadway, which sold last month for an astonishing $4,107 per square foot.
For those still looking to buy on Outer Broadway, opportunities remain. The property at 2990 Broadway, which once made national headlines for its $38 million price tag, is still on the market. And 2898 Broadway, the location of this year’s Designer Showcase, has seen a $3 million price cut and is now listed at $29 million. It has been on the market for over a year.
Also on the market for $29 million: the penthouse at 2006 Washington, on Lafayette Park.
In contrast, the smallest single-family home sold in August was a charming Victorian at 1807 Scott. The 1,057-square-foot, one-bedroom, one-bath gem, located near the S.F. Tennis Club, has no garage, but featured a generous walk-out deck. It was snapped up after just five days on the market for $1.2 million.
Cynthia Traina is an agent with Vantage Realty San Francisco. Contact her at CT@cynthiatraina.com.
Readers Respond
- Margaret H.December 28, 1969
Wonderful piece. I remember when the jazz clubs on Fillmore stayed open past two — this brought it all back. Thank you for keeping the memory of the neighborhood alive.
- David K.December 23, 1969
We've lived on Pine near Steiner for thirty-one years and it still surprises us how much this paper notices. Please keep going.
- Yuki T.December 15, 1969
A small correction — the mochi shop on Post opened in 1982, not 1985. My grandfather was there for the ribbon cutting. Love the coverage otherwise.
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