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Heights Smackdown: 3BR House vs Condo

March 15, 2013 By Leave a Comment

Pacific Heights and Corona Heights are two very different neighborhoods. But today we take a look at what you can get for your money in both places in the $1,350,000-$1.4M range:

1907 Lyon / Sacramento
Pacific Heights
3BR/1BA, leased parking
$1,350,000

Boasting nice curb appeal and period detail, 1907 Lyon is situated on the border of Pacific/Presidio Heights and is within walking distance of Laurel Village, as well as the shops and restaurants along Sacramento Street (not to mention the Presidio itself). The house is more of a condo alternative, given that it’s smaller in scale than the larger homes you typically see in the area. No yard, but you have all three bedrooms on the upper level, and a generous living space downstairs. The kitchen and bathroom are nicely remodeled. (Yes, there’s only one bathroom, but you can expect a compromise when you’re looking in this price range for a house in Pacific or Presidio Heights.) There’s no garage, but the sellers have leased parking at a garage half a block away, across from the library and are including one year’s worth of parking in the sale. There are also plans available for adding that second bathroom on the main level. 1907 Lyon was last sold in 2009 for $1,230,000.

84 Mars
Corona Heights
3BR/2BA, 1 pkg
$1,390,000

At the other end of town is the condo at 84 Mars in Corona Heights. This multi-story property houses two condos, and 84 Mars covers the top two levels of the building. And the good news is that there’s an elevator. The living room features soaring ceilings, a gas fireplace, private balcony and views of the City and Bay. The master bedroom upstairs has a bathroom with limestone finishes, a steam shower and Jacuzzi tub, and overlooks the garden. The third bedroom is a loft-style space and overlooks the living room. Location is convenient to the Castro and Cole Valley, though you can expect a bit of a walk to each. 84 Mars was last sold in 2007 for $1.2M.

Filed Under: Condos, Corona Heights, Pacific Heights Tagged With: ,

Corona Heights Renovation Creates Hot Luxury Home

March 30, 2012 By Leave a Comment

Just unleashed upon the luxury market is 446 Roosevelt, a good-lookin’ Spanish-Mediterranean home with all the trappings.

The previous owners gutted the place, but the project went awry and the property was sold as a to-the-studs development opportunity in July 2011 for $1.3M. The current owners picked up the ball and finished the renovation. Now listed for $2,565,000, the 3,000-square foot property features 4BRs/4BAs and continues to benefit from massive curb appeal.

There’s a grand-scale living room with a walk-out deck and fireplace, as well as two bedrooms and two bathrooms on both the main and lower levels. With two master suites, I’m not sure this is a family home, but it’s certainly one that will appeal to a variety of buyers. Also included are a family room, dining room with views, and garage with internal access. There’s also a legal one-bedroom unit, which means this is technically a two-unit building.

With buyers snapping up highly priced homes left and right these days, we’ll see how long 446 Roosevelt stays on the market. Oh, and they’re open from 2-4 this Sunday 3/25!

Filed Under: Corona Heights Tagged With:

Cash Buyer Saves the Day for Corona Cottage

July 15, 2011 By Leave a Comment

The last-minute, “foreclosure-is-extended” activity at the short sale cottage over at 3066 Market at Hattie in Corona Heights led to positive results for everyone involved.  The small fixer property hit the market in April for $710,000 and subsequently had its share of price reductions. Time was ticking, though, and foreclosure was imminent. After being withdrawn from the MLS toward the end of June, the seller brought the home back on the market at $499,000, and the listing agents informed everyone that the only hope for a sale was that a cash buyer would step in and close by July 7th.

It happened! 3066 Market closed earlier this week for $485,500. Not a bad deal at all, and one to note if you’re in the market for a single-family home for under $500,000 in San Francisco (a rarity).

Filed Under: Corona Heights, Market News

Open House Spotlight: Corona Heights Craftsman

July 8, 2011 By Leave a Comment

If you’re looking for a 3,000-square foot Craftsman view home in a nice neighborhood, 47 Levant may be for you. There are 5BRs/4BAs across three levels, with two fireplaces, decks and a lovely yard. Plus, a sauna and two-car parking!

47 Levant was sold in 2003 for $750,000. It looked like this:

The property was then renovated and sold in 2004 for $1.9M. Let’s see if the current $2,195,000 list price captures a buyer.

Open Sunday July 10th from 2:00-4:30.

Filed Under: Corona Heights

Vic Cottage Rocks Corona Heights

February 11, 2011 By Leave a Comment

If you’re in the market for a unique property in a great neighborhood, the 1BR/1BA single-family home at 362 Corbett is a good bet. I walked through the property last year, and thought that it would be a great fit for someone who would appreciate the nice setting and excellent views. List price is $699,000.

The floor plan offers good space separation. A bonus room just inside the entrance is perfect for guests, an office or media room. Upstairs is a double parlor where the downtown and Bay views happen, as well as a roomy kitchen that could benefit from updating. (Here’s where you can immediately add value to your investment.) The bedroom has an ensuite bathroom. And there’s a separate structure at the rear that could serve as an artist’s studio or den.

362 Corbett was built in 1904, and retains some of the details from that era such as stained glass windows, period molding, and refinished oak hardwood floors. There’s potential for one-car parking, though there is no garage on the property.

Corona Heights is an excellent neighborhood, particularly if you’d like proximity to the Castro and nearby dog parks. For more on the area and to check out some quick market stats, click here. 362 Corbett has a “very walkable” 75 Walk Score. I personally think the property is an excellent condo alternative, especially for buyers in this price range who like privacy and a bucolic setting in the city.

(First open house is this Sunday, February 13 from 2-5.)

Filed Under: Corona Heights, Neighborhoods