This ‘extravagant’ 1929 Presidio Heights mansion is at the top of the most expensive SF homes for sale

A lavish Presidio Heights mansion has risen to the top of San Francisco’s most expensive homes on the market after going on sale for $45 million last month.

The six-bedroom home at 3450 Washington St. is also among the top five most expensive homes for sale in the city when private “off-market” listings are included, according to Compass agent Antoine Crumeyrolle, who represents the sellers.

The 9,865-square-foot home was commissioned by Elsa Guggenhime in 1929 and built by famed Bay Area architect Albert Farr, who built numerous homes in the neighborhoods of Russian Hill, Pacific Heights, Sea Cliff and St. Francis Wood in San Francisco.

Crumeyrolle said the owners purchased the home under an LLC to protect their privacy and declined to provide further details. Real estate news website The Real Deal identified the owners as Vlocity co-founders Mark Armenante and Young Sohn.

University of Phoenix founder John Sperling and his son Peter owned the property before that, according to the
San Francisco Business Times.
In 2010, the San Francisco Decorators Showcase was held there, Crumeyrolle said.

Crumeyrolle says it has already given eight visits to qualified buyers since it came on the market, and buyers seem particularly interested that the house has been completely brought up to modern standards, but still retains its Franco-Norman style. 1930s. -style charm.

The estate has been renovated “down to the timbers” by Matarozzi Pelsinger, according to the announcement. In addition to six bedrooms, seven full bathrooms, three powder rooms and a three-car garage, the four levels of the house also include a sauna, a hammam, an “intimate cigar room”, a wine cellar of 3,000 bottles, a fitness room, seven fireplaces, four decks and an entertainment room – with views of the Golden Gate Bridge.

“All the (old) has been kept but just perfected,” Crumeyrolle said. “You have this large scale, but with all the amenities that someone would expect in this price range.”

Unlike the Washington Street mansion, which the listing touts as combining “the extravagance and elegance of old San Francisco,” many recent ultra-luxury sales in San Francisco have been more modern designs, such as 2712 Broadway St. , which sold for $42.9 million in 2017. ,
according to Zillow.com.

Other top real estate sales this year include 2790 Broadway in Pacific Heights, which sold for $34.5 million in July, followed closely by 3450 21st St. in Dolores Heights, which sold for $34.5 million in July. is sold for $31 million and was owned by Facebook billionaire Mark Zuckerberg.

Annie Vainshtein (her) is a staff writer for the San Francisco Chronicle. Email: [email protected] Twitter: @annievain

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