The most expensive listing in San Francisco just received a $4.5 million price cut, but it’s still on track to shatter the city’s real-estate record — take a look inside the gorgeous complex

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Published 8:14 am PDT, Friday, August 30, 2019

Exterior_2515Courtesy of Jacob Elliott

  • San Francisco’s 950 Lombard is the most expensive listing in the city, with a current asking price of $40.5 million.
  • Despite a recent $4.5 million price cut (bringing the listing price down from $45 million), if the home sells at its new reduced asking price, it’ll still shatter the city’s current real-estate record of $38 million.
  • The compound features an infinity pool, six bedrooms, eight bathrooms, and a four-car garage.

San Francisco is notorious for its overpriced housing market — 60% of tech workers there say they can’t afford homes — and nowhere is that more evident than in a $40.5 million listing in Russian Hill, the most expensive listing in the city.

The home straddles two hillside lots and has six bedrooms and eight bathrooms, in addition to an array of terraces and wellness features, including an infinity pool, a wellness center, and a Japanese water-filtration system.

Read more: A $34 million San Francisco mansion billed as a ‘wellness home’ has a sauna, yoga studio, and filtration system that changes all the air in the house every 2 hours. Take a look inside.

Despite a recent $4.5 million price cut (bringing the price down from its original $45 million listing price), if the home sells for its new reduced asking price, it will still shatter the city’s current real-estate record. According to Terri Tiffany, PR counsel to Pacific Union International, that record is currently held by 2712 Broadway on San Francisco’s Gold Coast, which was listed at $42 million and sold for $38 million.

Here’s a look inside the 950 Lombard compound:

The house is located at 950 Lombard St. in San Francisco’s Russian Hill.

Courtesy of Jacob Elliott

Source: Pacific Union International, San Francisco Business Times

The compound sits on over a third of an acre, which includes 100-year-old olive trees and an outdoor kitchen.

Courtesy of Jacob Elliott

SourceSan Francisco Business Times, The Wall Street Journal

It includes a four-car garage, which is entered through a tunnel on the side of the hill.

Courtesy of Jacob Elliott

Source: Pacific Union International

See the rest of the story at Business Insider

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