Courtesy 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.
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
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
It includes a four-car garage, which is entered through a tunnel on the side of the hill.
Courtesy of Jacob Elliott
The property takes up two lots and the home itself is a modern mix of concrete structures and bright, open spaces.
Courtesy of Jacob Elliott
The home has four levels, all of which are connected by a glass elevator …
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… that reaches from the two-story underground art gallery …
Courtesy of Jacob Elliott
… to the three ensuite top-level bedrooms, including a master bedroom.
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The master bedroom opens up to a deck with sweeping views of the city.
Courtesy of Jacob Elliott
The middle two floors of the home feature plenty of open living spaces, as well as two more ensuite guest bedrooms …
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… two separate bars …
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… and a formal dining room.
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In addition to offering plenty of seating …
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… the kitchen also opens right up into the grounds.
Courtesy of Jacob Elliott
Courtesy of Jacob Elliott
The patio area offers yet another dining area, replete with two chandeliers and more views across the bay.
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Val Steele, listing agent with Pacific Union International in San Francisco, described the complex as offering the “rare opportunity for a person to own their own ‘park’ in San Francisco.”
Courtesy of Jacob Elliott
“There has never been an offering of this kind in the city and there may never be one of this caliber again,” Steele added.
Courtesy of Jacob Elliott
The home is now listed for a whopping $40.5 million.
Courtesy of Jacob Elliott
Despite a recent $4.5 million price cut, if it sells at asking price, 950 Lombard will become the most expensive home ever sold in San Francisco, displacing the current record-holder, which sold for $38 million in 2017.
Courtesy of Jacob Elliott
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Luxury
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San Francisco
