Map sale

‘Estate-like’ Noe Valley compound could be SF neighborhood’s most expensive sale

1647 Sanchez Street (Redfin, iStock)

A two-home complex that took five years to develop in Noe Valley is back on the market less than two years after its last sale – and it’s poised to set a record for the upscale enclave.

Compass Agents Dino Zuzic and Ryan Richards listing the “estate-like” property for $13.5 million this week; it last sold for $9.1 million in the summer of 2020.

A deal about to ask appears to be the most expensive sale ever in San Francisco’s Southside. A modern four-bedroom, four-bathroom T-shaped home at 526 Duncan Street sold for $12 million in May 2017 and has held the neighborhood record ever since.

The Noe Valley precinct developer bought the corner lot in June 2015 for $1,667,000 and spent the next five years transforming the dilapidated former storefront, with separate buildings facing Day Street and Sanchez, in an “exceptional property”. It was designed by YA Architects to a scale unlikely to be approved by the city’s planning department in the future, according to listing notes. Supervisor Rafael Mandelman introduced legislation earlier this year to ban “monster homes” larger than 4,000 square feet in certain San Francisco neighborhoods, including Noe Valley.

The main house is located at 1647 Sanchez Street and has four floors, connected by an elevator and a custom steel and glass staircase, with four bedrooms, three full bathrooms and two powder rooms. The interiors were created by Anthem, which operates five home decor stores in the Bay Area in addition to its interior design services. An 11-foot polished quartz island is the centerpiece of the open concept kitchen. It also has walnut cabinets, an integrated coffee system, and three oven types: steam, convection, and speed.

An upper level is the master bedroom level, with three bedrooms, two full bathrooms, laundry room, and flexible living space. The master bedroom takes up the entire penthouse floor and includes a walk-in closet with hand-molded handles and knobs that cost more than $400 each, according to listing notes. There’s also a wet bar, wine fridge, and a private deck that spans three sides of the ground and has a practice green “suitable for all golf enthusiasts to practice their short game.”

There is another large deck with a lawn “lawn” upstairs from the main house, adjoining the property’s second home at 220 Day St. This two-bedroom, two-bathroom, which, according to the notes from the list, could be used as anything from a tech incubator to an au pair suite, has its own street-side entrance as well as access via the common two-car garage.

The garage also offers a ground floor entrance to the main house, which features a powder room and media room with custom velvet sofas, 120-inch projection screen and multi-channel surround sound.

In fact, Summit Technology Group’s “best in class AV and home technology upgrades” work throughout the property, including 3 Gbps fiber optic internet, Control4 home automation system, 4K security cameras and firewall. commercial grade, per listing notes. Calling out the specifics of high-speed home upgrades seems designed to entice a tech shopper, and the marketing site’s “points of interest” map also makes sure to indicate that the corporate shuttle stops at Silicon. Valley about 10 blocks up very steep.

The strategy worked the first time; According to public records, the seller is Douglas Beaver, a longtime Facebook engineer turned investor who co-created one of the social media giant’s photo storage systems.