Good Deal: Stately Monterey Heights House

The 3BR/2.5BA, 1896-square foot single-family home at 138 San Felipe in Monterey Heights has expansive ocean views from two levels and gets great natural light. Situated on the edge of St. Francis Wood, the home is not too far from the West Portal retail area and public transportation.

So when will a smart buyer snap up this property? Last sold for $1,50,000 in 2007, 138 San Felipe has been on and off the market a couple times since then—most recently for $1,190,000 before being withdrawn last month. The main level has a living room with wood-burning fireplace, formal dining room, eat-in kitchen, and powder room. The upper level features two bedrooms and bathroom, and the garden level has a private suite that’s perfect for guests. Plus, there’s two-car parking and a decent-sized yard.

Now listed at $997,000, 138 San Felipe is below the $1,242,214 average single-family home price year-to-date. The crafty buyer will immediately add value by updating the kitchens and bathrooms, and landscaping the garden.

French Chateau a Fab Find in St. Francis Wood

I toured 11 San Andreas in St. Francis Wood this week, and really loved the property. Designed by architects Masten and Hurd and built in 1932, the 4BR/2.5BA home is adjacent to the upper fountain and Eucalyptus Grove–two unique features in the neighborhood. There’s a lovely sunken living room with arched wood doors and high ceilings, as well as four bedrooms upstairs. And Thomas Church designed the yard and patio, which also includes a hot tub, lawn and wall fountain.

11 San Andreas was last sold in 2007 for $2,525,000. It’s currently listed at $2,275,000.

Open House Spotlight: 66 San Fernando Way

The sky may not be quite as blue as it looks in the above photo this weekend, but that shouldn’t stop you from visiting 66 San Fernando Way in St. Francis Wood on Sunday. The 5BR/3.5BA, Cape Cod-style home was designed in 1921 by Henry Gutterson, and is situated on a double lot. Check out the architectually impressive details and four fireplaces. List price: $1,925,000.

Open Sunday 3/20 from 2:00-4:00.