CNN recently featured 8 million dollar homes from across the country. Here was it’s San Francisco entry:
Million-dollar homes | 8 | CNNMoney.com
San Francisco, California
Price: $1.1 million
Square feet: 1,479
Description: It’s not everyday that a single family home is sold in Cow Hollow for barely a million dollars. It’s a neighborhood graced with beautiful Victorian and Edwardian homes, art galleries, antique stores and fine restaurants. Right by the Presidio and the Marina District, it’s convenient to downtown as well as a short haul over the Golden Gate for easy weekend escapes to the wine country north of The City.
The house has lots of potential. It features hardwood floors with inlays, Art Deco light fixtures and parking for two cars. There’s a wood-burning fireplace, formal dining room and a small backyard.
The house does sit on a busy street, the view is less than sublime and the kitchen needs work but its location makes it a great alternative to a condo.
Hm, $1.1 million for a 1479 sqft 3/1 fixer upper. That seems about right. Something like that would be $5 billion in New York, and San Francisco is just almost kind of like NY. But not.
But wait a minute… it’s on a “busy street“? How busy is it? Let’s take a look:
Of course! This house is on Lombard St, which is technically part of Highway 101. Sweet! You can help increase your income by setting up a TrafficCam to monitor the inevitable traffic jams during rush hour! It’s also conveniently located next to a gas station, so you won’t ever need to drive far to fill up the ol’ tank. (Except during rush hours when you can’t actually back out of your driveway I guess.)
Better buy ASAP! I hear that gas station proximity and freeway proximity is becoming increasingly hip and desirable. This will easily sell for $2 million next year. $3 if you actually repair it!
BTW, how does this compare with the other million dollar houses featured in this piece?
Doh! Not #1 most expensive! What’s the Washington DC one have to offer? It’s only in a prestigious neighborhood filled with homes of ambassadors – none of them next to gas stations. Bah.
There’s always next year.