Is a $10 million-plus price cut becoming a Pac Heights trend?
was the first to cut its price and is still the city’s most expensive listing at $35 million, down from an original list price of $45 million. The 10th-floor unit came on the market in October 2021 and would have broken both the city’s sale price and price per square foot records if it had sold. The views are spectacular, but with just three bedrooms and three bathrooms, the price might not have been palatable to San Francisco’s luxury buyers.
The 1924 co-op is a coveted city address, but it must not be enticing enough, as a lower-floor listing at 2006 Washington St.,, had an $11 million price cut published the day after the penthouse was reduced. Dropping from $30 million to $19 million, the 7,808-square-foot condo spans two floors and includes six terraces. It has its own private entrance, oversized windows and massive living spaces and is on the market for the first time since 1999.2950 Pacific Ave.
came back on the market after disappearing in June at an original list price of $29.5 million. It reemerged for $20 million — but that’s for a home that doesn’t even exist yet. What is actually 2895 Broadway comes with “fully approved architectural plans and building permits” and is “shovel-ready,” utilizing the existing home and expanding its footprint. Renderings showcase a contemporary design from the architecture firm that created SFMOMA.
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