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| 1283 Greenwich St as it stands today |
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| 1283 Greenwich St facade in 2010 |
PROPERTY DETAILS
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5,456 square foot duplex on a 2,344 square foot view lot. Built in 1908.
SALES HISTORY
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It looks to me as though both units were purchased simultaneously in 2010 by the same individual. The purchase price for both units totaled $3.195 million (lower unit sold for $1 million and upper unit sold for 2.195 million). Public records indicate the buyer was Jeremy Ricks CEO of Elevate Group Ltd, San Francisco.
Upper Unit Listing (2010) Redfin
Lower Unit Listing (2010) Redfin
BUILDING PERMITS (2010 - Present)
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2010: EXTEND GREENWICH STREET TO A DRIVEWAY TO ACCESS SUBJECT PROPERTY BY VEHICLE VIA MAJOR SIDEWALK ENCROACHMENT. MODIFY SIDEWALK / STAIRS, PROVIDE LIGHTING AT STAIRS, REPAIR STAIRS. ADD RETAINING WALL TO IMPROVE LANDSCAPING. NEW GARAGE ON SEPARATE PERMIT (cost $100K)
2014: EXCAVATE FOR A NEW GARAGE, NEW PARTIAL FOUNDATION, NEW GARAGE DOOR (cost 250K)
2014: INTERIOR REMODEL & SEISMIC UPGRADE. EXPAND (E) BASEMENT FOR NEW ELEVATOR. NEW PRINCIPLE FACADE (cost $1.5 million)
CURRENT LISTING
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The property is currently listed for $14 million** with approved plans for a 5,600 square foot 5 bedroom 6.5 bath contemporary residence (pictured below). That's $2,500 per square foot for a house that has yet to be built or $6K per square foot for a 2,344 square foot lot with, admittedly, stellar views. Truly mind boggling even for San Francisco.
**On March 17,2016 this property was listed for $9.495 million. On March 24, 2016 the list price was raised to $14 million.
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| Architectural Rendering (2016) |
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| Architectural Rendering (2016) |
Listing (TeedHaze) (2016)
Listing Video (2016)
Broker babble: "We have always been drawn to the sunset as a time of reflection and a promise of a gift of the new day ahead. The incredible gift of Lewis Butler’s architecture on 1283 Greenwich shares this in a resounding roar of what happens when the best of architecture meets with the best of locations. Overlooking Alice Marble Park and facing due west, this shovel-ready project at 1283 Greenwich will fulfill the dreams of the most discriminating buyer and for those who demand the very best. Unparalleled views of the Golden Gate Bridge and the Bay. It is so unique to have an outlook onto the park and be at the end of the cul-de-sac with a perspective few see. It is the view that has made San Francisco one of the most desirable cities in the world. This home, when finished, will be one of the most desirable homes ever built. Come explore and get inspired!"
"Your dream house awaits and is fully entitled and shovel ready! In just 15 -18 months, you can have the most incredible home in San Francisco. This modern estate is approved with plans by famed architect Lewis Butler. This is a showcase of what happens when the best of architecture converges with the best of locations. Atop Alice Marble Park, this dream home and fully entitled project at 1283 Greenwich will fulfill the dreams of the most discriminating buyer. This is only for those who demand the very best. Pano views of the Golden Gate Bridge and the Bay abound with park and private drive at the end of the cul-de-sac. This House is ready for greatness and a signature to finish the masterpiece."
