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August 26, 2009

Neighborhood Spotlight: Forest Knolls

Often overlooked by prospective buyers, Forest Knolls is a very appealing neighborhood developed in the late 1950s and 1960s in San Francisco. Its homes feature accommodating floor plans, many properties have views, and the area provides a nice urban retreat with its woodsy, private feel. Bordered by the Inner Sunset, Cole Valley, and Forest Hill, Forest Knolls is a great alternative for those house hunters who’ve been priced out of these adjacent areas.

Forest Knolls is just up the road from the Forest Hill Muni station, and isn’t far from the West Portal shopping/restaurant hub, as well as the Mollie Stone’s on Portola.

Six single-family homes have sold in Forest Knolls since January—all three-bedroom homes, and one four-bedroom property. The average sales price was $804,000, and the average square footage just under 1600. It’s a challenge to find that much space for the money in San Francisco, which is why I think Forest Knolls offers good value. However, buyers should be aware that due to the geography of the area—lots of hills—there’s landslide potential. It’s never a bad idea to engage a structural engineer and/or geological specialist to provide an opinion on the land or property if you’re seriously considering a purchase here.

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