One of San Francisco’s Most Pricey Listings has Sold for a Record-Breaking Price
Following nearly the entire winter season of being on the luxury real estate market, weathering a price cut and an under-asking closing price, 3450 Washington St. finally sold.
As reported recently on the San Francisco Gate, the historic 1930s Presidio Heights mansion closed for $34.5 million, which makes it San Francisco's most expensive residential home sale of 2023. That is so far, of course.
When it first debuted on the market in October 2022, this Albert Farr-designed 9,865-square-foot mansion was going for $45 million, making news as the highest-priced home on the San Francisco market. Just a few weeks later, even after a $5.5 million price cut, it was still the highest-priced home on offer in 2022.
So after updating the asking price to $39.5 million, the French Normandy-inspired mansion waited for potential buyers. The home has six bedrooms, seven full bathrooms and three half-baths. It also features two fully renovated chef’s kitchens, a wine cellar, cigar room and wood-paneled library. In addition, it has a nearly 10,000-square-foot lot in one of San Fran’s most desirable locations.
In 2023, the buyers were found. The final sale price ended up being $4 million short of the most recent list price.
“We are delighted together with our sellers to have closed on 3450 Washington,” real estate agent Antoine Crumeyrolle of Compass wrote in a statement to SFGATE. “The $34.5 million achieved by this sale represents a record for residential sales in 2023, and underscores San Francisco’s continuing appeal as a global city.”
This record sale could be broken at any time as 2023’s most expensive residential listing, 2830 Pacific Ave., is still for sale for $35 million.
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