2240 Lyon Street, San Francisco, CA 94115, San Francisco, 94115 - 5 bed, 5 bath
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San Francisco, CA 94115
This property presents a High-Potential Investment Opportunity with a List Price of $7,000,000—positioned slightly above the $6,977,499 Fair Market Value. While the home carries a Condition Rating of 4, it offers a rare 60-foot wide lot in Pacific Heights with approved architectural plans to expand to 6,513 sq. ft. Proximity to top-rated schools like Chinese Immersion School (9/10) and Lowell High (10/10) adds long-term stability. This is a significant value-add project ideal for Luxury Developers or Owner-Occupants seeking to build a custom estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2240 Lyon Street Subject | $7,000,000* List Price | 5 | 5 | 4,123 | $1,692 | - |
A 3059 California Street Pending | $6,500,000 List Price | 6 | 7 | 5,000 | $1,300 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the home is well-maintained but significantly dated, featuring older parquet flooring and bathrooms with tile work and fixtures that appear 30+ years old. The listing's emphasis on architectural plans for a total reorganization and expansion suggests that the current layout and systems are due for modernization.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in one of San Francisco's most elite neighborhoods, this property offers a premier address with high long-term appreciation potential and proximity to top-rated schools.
The property includes architectural plans to expand the existing 4,123 sq. ft. structure into a 6,513 sq. ft. luxury residence with 6+ bedrooms, offering a massive value-add opportunity.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4047, living area = 4123.
The home is positioned as a development project rather than a turnkey residence, meaning buyers must be prepared for the significant time and cost associated with a full-scale remodel.
With a $7 million entry price plus the substantial capital required for the proposed 2,000+ sq. ft. expansion, the total project cost will require a very high level of liquidity.
Video Preview! The Sellers built 2240 Lyon when The United States of America was only 175! We have taken our foot off the gas of their '51 Chevy, are thinking about the exciting future, and celebrating life here in our incredible city and wonderful country! Located atop Pacific Heights Contemporary Classic Home on a 60' wide by 67.5' deep lot. The Sutro Architects June 2026 plans in our property disclosure demonstrate the easy expansion and reorganization potential. The existing home is 4123 square feet. The new home could be 6513 square feet, 6+ bedrooms.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 4,123 | - |
| Lot Size | 4,047 | - |
| Price | $7.00M | $2.02M |
| Price per sq ft | $1.7K | $1.2K |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 42 | 46 |
Jun 10, 2026
$7,000,000
Initial Listing