
San Francisco, CA 94109
This grand-scale Pacific Heights Victorian is a Strong Value Opportunity, listed at $18,880,000—positioned well below the $20,190,240 Fair Market Value by 6%. This valuation gap offers $1,310,240 in Instant Equity. Boasting a Condition Rating of 2 after a meticulous five-year rebuild, the home features panoramic Bay views, a full private spa, and a gourmet Lacanche kitchen. This architectural masterpiece is an ideal acquisition for Luxury Owner-Occupants or High-Net-Worth Entertainers seeking a turnkey legacy asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1948 Pacific Avenue Subject | $18,880,000* List Price | 6 | 8 | 8,485 | $2,380 | - |
A 2626 Larkin Street Pending | $24,000,000 List Price | 6 | 8 | 8,930 | $2,688 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This grand-scale Victorian has undergone a meticulous five-year rebuild, resulting in a property where all components are virtually new. The interior features ultra-high-end finishes, including a gourmet kitchen with a 9-burner Lacanche range and mahogany cabinetry, wide-plank oak flooring, designer light fixtures, and a spa-like primary bathroom with premium stone and copper features. The integration of modern systems like a four-level elevator and extensive wellness facilities confirms the property meets the highest current quality standards with no deferred maintenance.
The residence features a 3,000-bottle wine cellar, a backlit onyx bar with a stage, and a full private spa including a sauna and cold plunge, making it a premier venue for high-profile hosting.
A meticulous five-year rebuild seamlessly blends 1887 Victorian architectural details with modern luxuries, including a four-level elevator and a gourmet kitchen with a 9-burner Lacanche range.
Situated on a coveted flat block in Pacific Heights, the property offers dramatic, panoramic views of the San Francisco Bay and city landmarks from nearly every level of the home.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8485, other record living area = 6370.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4741, living area = 8485.
The massive 8,485-square-foot scale, historic exterior, and complex wellness systems require significant ongoing upkeep and high operational costs.
Perched on a coveted flat block inPacific Heights, this grand-scale Victorian, built in 1887 by renowned architect Charles Kenitzer, has been transformed through a meticulous five-year rebuild, marrying historic detail with modern sophistication. Spanning approximately 8,485 square feet, this 6-bedroom, 6-full-bath, 2-powder-room residence offers an extraordinary blend of timeless craftsmanship and contemporary design, complete with an elevator servicing the ground floor through the top four levels and dramatic Bay views from nearly every level. The property includes 4-car parking: a 3-car garage plus gated driveway space. Enter through original double doors into a grand parlor with soaring 13-foot ceilings, wide-plank oak floors, and a sweeping staircase. The gourmet kitchen and great room are anchored by a 9-burner Lacanche range, mahogany cabinetry, three dishwashers, and custom copper fixtures, opening to a terrace with panoramic views and a fully equipped outdoor kitchen. The primary suite offers stunning views, a fireplace, a custom dressing room, and a spa-like bath with a hammered copper tub and steam shower. Additional bedrooms feature charming details, built-ins, and direct views of city landmarks like theTransamerica Pyramid. The top floor includes a skylit bedroom, media room, and office with a private view deck. Designed for relaxation and hosting, the lower floors include a lounge with a backlit onyx bar and stage, a 3,000-bottle wine cellar, a home gym, and full spa facilities including a hot tub, sauna, cold plunge, and outdoor shower. This iconic property has also served as the backdrop for private, high-profile events, most recently hosting a Jordan Brand Super Bowl weekend experience, further underscoring its exceptional capacity for entertaining at the highest level. Located steps from Union Street, Fillmore Street, and thePresidio of San Francisco, this exceptional residence offers grand-scale living in one of the city's most sought-after and storied neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 8.0 | 2.5 | 95% |
| Square foot | 8,485 | 1,550 | 95% |
| Lot Size | 4,741 | 3,040.49 | 80% |
| Price | $18.88M | $1.38M | 95% |
| Price per sq ft | $2.2K | $1.1K | 90% |
| Built year | 1900 | 1912 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 208 | 10% |
Feb 25, 2026
$18,880,000
Initial Listing
Jun 30, 2014
$5,000,000
Public Record