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March 26, 2014

What You Can Buy: View Condos

San Francisco properties with views of the hills, city skyline, ocean or Bay command a premium. The whole “million dollar view” tag line really does ring true for some homes.

And when it comes to condos in centrally located neighborhoods, views are the icing on the cake. View condos certainly fall under the “luxury” category, and they’ll typically cost above the $1M average for a two-bedroom unit.

I surveyed the market and picked out my favorite three view condos to spotlight today:

657 Corbett #3
Twin Peaks

4BR/3BA, 2101 sq ft
1-car parking
HOA dues: $316.22/mo
List price: $1,495,000
657corbett239green_f
The best part about 2139 Green #F is its 500-sq foot deck with amazing views of the Golden Gate Bridge to Alcatraz and then some. The building was constructed in 1988, so the interior is modern in design. This is another two-level unit, and the master suite, second bedroom and two baths are downstairs. The master features French doors that lead to a colorful garden and patio. An elevator in this nine-unit building takes you right to your front door, too. Quick comp: The slightly larger 2BR/2.5BA unit at #E sold a year ago in a cash transaction for $1,750,000. That also had a large deck, striking views and a similar floor plan.

219 Brannan #18A
South Beach

3BR/2BA, 1611 sq ft
2-car parking
HOA dues: $1013/mo
List price: $2,500,000
219brannan_18a
Perched on the top floor of 219 Brannan, the penthouse at #18A has soaring ceilings, floor-to-ceiling glass windows and views spanning Twin Peaks to the downtown skyline and the Bay Bridge. There’s a bedroom terrace that lets you really connect to that big view, as well as a chef’s kitchen and rare two-car parking. HOA dues include attended lobby, fitness center, concierge, pool, and security service. Quick comp: The 2BR/2BA at #16D with northeast views of the skyline and Bay sold last month for $2.1M in a cash transaction. #18A itself was sold in 2007 for $2,150,000, and then again in 2010 for $1,650,000.

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