See Home Value
$20,259,440*
House - Off Market

2950 Pacific Avenue

San Francisco, CA 94115
bedrooms
8 Beds
bathrooms
13 Baths
square feet
20000 Sqft
$18,000,000 - $22,000,000
Reference Base Price*
1.30%
Since Nov 1, 2022
CA-San Francisco
Primary Model
Sold Oct 13, 2022
$17,000,000
Buyer
Seller
Sold Nov 25, 2015
$16,000,000
$19,000,000 by First Republic Bank
Mortgage Due Dec 01, 2018

About This Property

This Gold Coast residence offers a once in a generation opportunity soaring above the prominent neighbors of Broadway. The newly reimagined 2895 Broadway fully repurposes the existing home, and creates new living and entertaining space built into the hillside below. Punctuated by crisp lines, soaring atriums, a cascading grand staircase, tall ceilings, and intersecting volumes - the finished product becomes an icon of contemporary design and feat of engineering. Designed by internationally revered firm, Snhetta (SFMoma, Norwegian Opera House) in collaboration with Troon Pacific, the offering comes with fully approved architectural plans and building permits. Plans available upon request. 87.5' wide lot overlooking iconic Broadway, GGB and SF Bay. Over 5 years of design, development, and permitting yields this shovel-ready build-to-suit opportunity.

The manager has listed the unit size as 20000 square feet.
Unit Size
20,000Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$1,000
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1907

Price History

Date / Event Date Event Price
Oct 18, 2022 No longer available -
No longer available
Oct 13, 2022 In contract -
In contract
Oct 13, 2022 Sold $17,000,000
Sold
Sep 16, 2022 Listed $20,000,000
Listed
Jun 14, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Construction Type: Wood
  • Floor Count: 4
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,209
  • Total Building Area: 11,500
  • Gross Building Area: 11,500
  • Building Area: 11,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 11,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTERN ADDITION
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 546

Ownership

  • Current Owner : NEWSPACE LLC
  • Previous Owner : PACIFIC LLC
  • Owner Before Previous Owner: UNIONPAC CAPITAL LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Francisco Unified School District
  • Census Tract: 013200

Zoning

  • Zoning: RH1D

Geography

  • Assessors Map Reference: 6-A1
  • Parcel: 0963-013
  • Block: 963
  • Lot: 13
  • Latitude: 37.7928
  • Longitude: -122.444

    Address

  • Full Address: 2950 Pacific Ave
  • Address - House Number: 2950
  • Address - Street Name: Pacific
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Francisco
  • Carrier Code: C002
  • 4-Digit Zip Code: 1012
  • Zip Code: 94115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $204,716
  • Tax Rate Code Area: 01-000

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 60
  • Final Value: 4,336,722
  • High Value: 5,535,024
  • Low Value: 3,138,421

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,636,352
  • Assessed Land Value: $10,581,812
  • Assessed Improvements Value: $7,054,540

    Sales

  • Current Sale Contract Date: Oct 10, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Transaction ID: 11897864738
  • Current Sale Price: $17,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94087
  • Previous Sale Recording Date: Nov 25, 2015
  • Previous Sale Contract Date: Nov 19, 2015
  • Previous Sale Amount: $16,000,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Nov 25, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $19,000,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 01, 2018



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
10 Baths
7,410 ft²
$2,490/ft²
$18,450,000 Sep 12, 2022
-
-

About Northwest San Francisco


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Frequently Asked Questions

When was property at 2950 Pacific Avenue built and last sold?
The property at 2950 Pacific Avenue was built in 1907 and last sold on Oct 10, 2022 for $17,000,000.
How much is this home worth?
The estimated value of the home located at 2950 Pacific Avenue is $20,200,000.
What are some comparable homes to 2950 Pacific Avenue?
There are currently no comparable homes to 2950 Pacific Avenue.

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