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July 1, 2011

What You Can Buy for $1.5M in Noe Valley

There’s a glut of homes available in the $1M+ price point in popular Noe Valley. I thought it would be interesting to hit up the $1.5M offerings so you can compare what’s out there:

First up is 780 Elizabeth:

780 Elizabeth is a 3BR/2BA Victorian home in the desirable western part of the neighborhood. It’s just around the block from the 24th Street corridor (and one of my favorite restaurants, Firefly). The home has almost 3,000 square feet across three levels and one-car parking. It was listed in 2009 for $1,629,000 and was ultimately rented. But it’s back on for a more reasonable price.

Next up is 4280 26th Street:

Up the hill and also in the western part of Noe, 4280 26th Street features 3BRs/2.5BAs plus an office/sitting room and two fireplaces. The bathrooms and kitchen have been remodeled nicely, and there are rear decks with city views (and a hot tub). The downside is that there’s no parking, but finding a spot in this location tends to be less challenging. You instead have the very charming front garden and entrance. You’re about five blocks from the 24th Street corridor, with plenty of retail within walking distance.

654 Elizabeth

Finally, we have 654 Elizabeth>, which is being sold through a trust sale (without court confirmation). The 4BR/2BA house with 2418 square feet is clean and has a large garage for the car lovers out there. Three of the bedrooms are upstairs (though the one bathroom is in the master suite). But there’s 1BR/1BA on the main level that’d be great for guests. The home has been in the same family for 80 years. By the time you’re reading this, the property could be in contract due to strong interest and an offer date set for yesterday. In terms of location, 654 Elizabeth is in a prime spot, just around the corner from the heart of the 24th Street shops and restaurants.

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