Tag Archives: 250 Cumberland

Luxury Market Going Strong in Fall 2014

Luxury Market Going Strong in Fall 2014

San Francisco real estate in the $2M+ price range continues to experience a healthy sales volume. There doesn’t seem to be a shortage of buyers, particularly those paying in cash. Chalk it up to two factors—tech company stock options, and buyers’ desire to live in large homes in prime neighborhoods.

Case in point: 250 Cumberland, initially sold in 2012 for $1,775,000 as a major two-unit fixer that had been partially gutted by a fire. Flash forward to 2014. Rebuilt as a 5BR/4.5BA, 3,974-square foot single-family, the home was purchased by cash buyers for $6,000,000 at the end of October. Continue Reading

Contact Eileen for Real Estate Help

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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