search
Most Expensive

San Francisco’s most expensive home in Billionaire’s Row goes on sale

Andrea Divirgilio / March 1, 2012

We have been covering premium properties in the United States, and one zone which remains the center of considerable attention and worthy investment, is the San Francisco city. We had earlier talked about the most expensive penthouse in the city, which went for $28 million a while back. Moving over to townhouses, there is now a 3-storied French limestone Billionaire’s row mansion, which is on the market for an asking price of $38,500,000. Bought by Apollo Group honcho, Peter Sperling and University of Phoenix in the year 2004, this mansion had been on the market previously for $65 million, but the absence of buyers made them take such a large price cut. Located on Broadway Street, this townhouse becomes the most expensive property in San Francisco city.

San Francisco Billionaire's Row Mansion exterior

Price: $38,500,000

Address: 2845, Broadway Street, San Francisco, California

Location & Settings: Other than being located in one of the prime zones for real estate in the country, this townhouse has the sophisticated aura about itself, as the current owner is known for. Created with rare French limestone, this light yellow colored mansion has 3-stories within which it packs 21,888 sq.ft of living space, much of which still remains far from being ready-to-move-in. Never the less, a lot of potential lies in the house which has a Neo-classical construction formation, with Italian tile roofing and 4-specially crafted fireplaces. Due to its prime location, it offers plenty of pristine surrounding views of the San Francisco Bay, Golden Gate Bridge, Marina, and Mount Tamalpais.

San Francisco Billionaire's Row Mansion interior setting

Amenities and Accommodation: Even though this property has a sizeable price tag to it, most of it is still under construction, which means that the new owner can actually set up this masterpiece as per his/her own fancies. With plenty of space in the 7-car garage which has an automatic door, one’s precious autos are always in safe haven inside. In terms of heating and temperature management, there are facilities for central radiant heating system, and also cooling during the summers. Due to the division of the mansion on separate floors, there is also the advantage of setting up separate guest areas, and some common areas where even indoor sports like a billiards and snooker could be arranged for. There are 4 classical fireplaces which have been built, but should other rooms be made, there are ample opportunities for creating more or perhaps reframing the existing ones.

San Francisco Billionaire's Row Mansion rear view

Facts and figures:

· Was earlier put on the market for $65 million, but did not find any buyers. Hence, the large price cut.

· Current owner is Mr. Peter Sperling, who heads the Apollo Group, and along with him is University of Phoenix.

· Though Mr. Sperling hopes to sell this home soon, but should it not go through, could eventually become his permanent home, or at least a part of his grand collection.

Contact:

Warwick Properties Group

Phone No.- (+1) 415-863-1973

Via: Curbed/ Realtor

  • pinterest