It was 2005 when the small single-family home above at 1409 Sanchez in Upper Noe sold for $868,000 as a major fixer/teardown. Three years later, it was sold through a short sale for $870,000, and then came back on the market in 2009 for $970,000—and ultimately, for $895,000—as a “ready to break ground building project” for two units. The listing was withdrawn, but the development moved ahead.
Loaded with everything the discerning tech family will need (radiant heat, networked audio systems, media room with 105″ screen), the latest incarnation of this property also features high-end finishes and views. The lot isn’t huge, but there’s enough of a patio and yard for the kids & the dog. And maybe the next owner can get a little more creative with the exterior paint job. Marketing this property as a single-family home or two condos is an interesting one. I thought the lower unit’s efficiency kitchen was pretty skimpy for the $1,150,000 price tag, and the subterranean bedrooms are on the dark side (though the home theatre is pretty cool).
I liked the upper unit, but the lack of a good dining area may chip away at the $1,425,000 price tag. However, direct access to the roof deck is sweet.