Last March, when 752 Carolina Street came on the market as the highest priced home ever to sell in Potrero Hill, people thought, yah right, who is going to spend $3m in Potrero? 9 days later, the home sold, for at least the sticker price (the final sales price was never disclosed). Has that sale paved the way for other triple-million dollar homes to come on the market in Potrero Hill? It seems so, only this time, the house is on the South Slope of the hill (often times thought of as inferior due to lack of views and proximity to noise and sometimes crime.)
Say hello to the next $3m home in Potrero Hill; 695 Arkansas.
695 Arkansas Street changed hands back in 2001 for $1,900,000. There are no pictures in the MLS from that transaction, so it’s difficult to imagine what the home looked like 7 years ago, but we know now, that it looks pretty sweet. Does it sell for the asking price? Over? Under? Would that location, across the street from the Potrero Hill recreation center concern you?
695 Arkansas Street [Home San Francisco]
Most Expensive House on the Hill? [SF Schtuff]
Marin Feel in Potrero Hill [San Francisco Schtuff]
752 Carolina Street [Home San Francisco]
Gem, Gem, Gem: 752 Carolina Street [Curbed SF]
*Picture provided by the MLS via listing broker Pacific Union/GMAC Real Estate.
*Agents: Steve Mavromihalis and John C Fitzgerald
3 comments
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May 7, 2008 at 11:28 am
Coach A
O V E R P R I C E D! Holy cow- 3 Mill to live 1 block from a dangerous housing project. I love POTRERO Hill - but you have to be nuts to spend 3M to live here when 3M gets you a dialed house in some incredible ‘hoods in the city.
May 8, 2008 at 10:22 am
anna
but look at the pool! That’s worth, like, what, a million five alone?
Course you’re going to want to build a 20 foot fence around it to keep put the neighbors, but how sweet to be able to do laps without a bunch of elderly “pool walkers” who feign deafness when you ask them to move over so you can swim past them.
May 8, 2008 at 10:42 am
SF: Listings that Belie The Bubble | Redfin San Francisco Sweet Digs
[...] Meanwhile, San Francisco Schtuff tells the tale of 752 Carolina St., a 5/3 SFH which at $3 million is the highest price tag ever commanded in Portero: and it sold in just 9 days. [...]