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Jan 30, 2024

Historic San Francisco House to Hit the Market for $35 Million

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Shares the stories you may have missed from the world of luxury real estate

A historic house in San Francisco's exclusive enclave of Pacific Heights is coming to the market for $35 million, the priciest new listing so far this year, Mansion Global has learned.

Designed in 1910 by architect Nathaniel Blaisdell, the Georgian Colonial-style home was constructed of red brick, Oregon pine and California redwood and featured one of the first residential elevators in the city, according to the listing agent, Max Armour of Compass.

Its original owner was industrialist George Lingard Payne, who at the time owned the only carriage bolt factory on the Pacific Coast. His family kept the residence until 1954, when it was sold to interior designer Clarence Slade, co-founder of historic Jackson Square, a downtown area dating back to the earliest years of the city and the 1849 Gold Rush, according to historic documents about the property.

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The house was eventually acquired by the current owners about 12 years ago for $8.35 million, property records show.

While declining to disclose the identities of his clients, Mr. Armour said they renovated and upgraded the townhouse over the last two years, while retaining the integrity of the original Georgian architecture, focusing on symmetry, materials and millwork.

"This home is exquisitely remodeled and restored to create the ultimate entertaining and family lifestyle," he said. "Rarely in this market area do we see a home come on the market which has this level of quality and condition."

The residence offers about 9,625 square feet of interior space with six bedrooms and eight bathrooms. Throughout, it features soaring ceilings, oversized windows and unobstructed Golden Gate Bridge views, the listing said.

Outside, the red brick house has marble front steps, a wraparound deck and a landscaped backyard.

The home is currently one of the most expensive on the San Francisco market. The highest priced listing is a 1930s townhouse in Presidio Heights, asking $39.5 million.

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