
San Francisco, CA 94121
This 1912 Mediterranean estate represents a High-Potential Investment Opportunity, listed at $8,900,000—positioned well below the $11,093,212 Fair Market Value by 19%. This valuation gap provides $2,193,212 in Instant Equity. With a Condition Rating of 5, the property requires comprehensive structural and interior rehabilitation. However, the 9,474 sq. ft. lot and sweeping Northern views offer immense upside. This is an ideal acquisition for Value-Add Investors or Luxury Developers seeking a premier project in the prestigious Lake Street corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 West Clay Street Subject 8 bd · 6 ba · 5,112 sqft · $2,096 | $8,499,000* List Price | 8 | 6 | 5,112 | $2,096 | - |
A 2 W Clay Active 8 bd · 3 ba · 5,112 sqft · $1,565 · 0.0 mi | $8,000,000 List Price | 8 | 3 | 5,112 | $1,565 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912 and held by the same owner for 50 years, this estate likely possesses original or severely outdated electrical, plumbing, and HVAC systems. The kitchen and bathrooms have not been updated in over half a century, and exterior images show significant cracking and wear in the concrete hardscape and stairs, indicating a need for a comprehensive structural and interior rehabilitation.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in the prestigious West Clay Park enclave, the estate offers rare, sweeping northern views of the Golden Gate Bridge, the Pacific Ocean, and the Presidio.
The property features a massive 9,474 square foot lot, providing an extraordinary amount of private outdoor space and manicured gardens that are extremely rare for San Francisco.
The residence contains 8 bedrooms but only 3 bathrooms, a ratio that lacks the modern convenience and utility expected for a luxury home of this scale.
Offered for the first time in 50 years, the property likely requires significant capital investment to update its systems and interiors to contemporary luxury standards.
First time on the market in 50 years! Rare opportunity in the prestigious West Clay park enclave . Situated on a magnificent large 9,474 square feet lot in San Francisco's prestigious Lake Street corridor w/sweeping Northern views of the ocean, Golden Gate Bridge and the Presidio. 2 West Clay Street is a grand 1912 Mediterranean estate offering extraordinary scale, timeless architectural details, and incredible potential. Spanning 5,112 sq. ft. across three expansive levels (plus a 2,100+ sq. ft. basement), this 8-bedroom residence features light-filled formal living and dining rooms, four fireplaces, and classic period woodwork throughout. The oversized 9,474 sq. ft. grounds provide exceptional private outdoor space and manicured gardens rarely found in the city. Complete with 4-car parking, abundant storage, and prime proximity to the Presidio, Lands End, and vibrant Clement Street dining
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 5,112 | 1,757.739 |
| Lot Size | 9,474 | 2,673.006 |
| Price | $8.50M | $1.97M |
| Price per sq ft | $1.7K | $1.2K |
| Built year | 1912 | 1931 |
| HOA | $0 | $176 |
| Days on market | 64 | 45 |
Oct 16, 2026
$8,499,000
$8,900,000
-5% Price Drop
Initial Listing
Aug 21, 2026
$8,900,000
Initial Listing
Sep 16, 1994
$3,600,000
Public Record