260 Castro Street, San Francisco, CA 94114, San Francisco, 94114 - 2 bed, 1 bath

260 Castro Street, San Francisco, CA 94114 home-pic-0
ACTIVE$1,399,000
260 Castro Street, San Francisco, CA 94114
2Beds
1Bath
Sqft
3,600Lot
Year Built
Close
-
List price
$1.4M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
425075912
Home ConditionTear down
Features
Excellent View:
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.40M(9th), sqft - 0(15th), beds - 2(20th), baths - 1(14th).

Incredible development opportunity in Corona Heights! 260 Castro St has approved plans that are paid for and ready to be picked up from DBI (per seller). This parcel must be sold and developed with the adjacent parcel which also has approved plans, 262 Castro St. This double lot development has architectural plans crafted by Geddes Ulinskas Architects and calls for the development of four residences totaling 7,828 sq. ft.: a) two 3-bedroom condominiums at 1,963 sq. ft. and 1,787 sq. ft., b) one 2-bedroom standalone single family home cottage at 1,680 sq. ft., and c) one 3-bedroom single-family home at 2,398 sq. ft. The homes will include Downtown VIEWS as well as 1-car parking for each home. Roof decks, terraces, and gardens are included in the plans. A 2-bedroom, 1-bathroom single family home currently sits at the front of 260 Castro St, and a 2-bedroom, 2-bathroom single family cottage sits at the rear of the parcel of 262 Castro St. Located in a highly-sought after location at the axis of Corona Heights, The Castro, and Duboce Triangle, the location of this opportunity affords the developer to command a premium price for the completed homes. The full construction package includes shoring and interior design plans. Images are digital renderings, buyers to investigate.

Nearby schools

7/10
McKinley Elementary School
Public,K-50.2mi
2/10
Sanchez Elementary School
Public,K-50.3mi
3/10
Milk (Harvey) Civil Rights Elementary School
Public,K-50.4mi
9/10
Chinese Immersion School At Deavila
Public,K-50.6mi
7/10
Grattan Elementary School
Public,K-50.8mi
8/10
Clarendon Alternative Elementary School
Public,K-51.4mi
1/10
Mission Education Center
Public,K-51.6mi
2/10
Fairmount Elementary School
Public,K-51.7mi
6/10
San Francisco Public Montessori School
Public,K-51.9mi
/10
Chinese Education Center
Public,K-52.7mi
4/10
Everett Middle School
Public,6-80.4mi
6/10
Rooftop Elementary School
Public,K-80.8mi
4/10
Buena Vista/ Horace Mann K-8
Public,K-81.2mi
3/10
Carmichael (Bessie)/Fec
Public,K-81.8mi
8/10
Yu (Alice Fong) Elementary School
Public,K-81.9mi
2/10
Revere (Paul) Elementary School
Public,K-82.3mi
3/10
San Francisco Community Alternative School
Public,K-82.7mi
9/10
Lilienthal (Claire) Elementary School
Public,K-82.7mi
9/10
Lawton Alternative Elementary School
Public,K-83.0mi
8/10
Presidio Middle School
Public,6-83.2mi
8/10
Giannini (A.P.) Middle School
Public,6-83.5mi
3/10
Mission High School
Public,9-120.5mi
2/10
Wells (Ida B.) High School
Public,9-120.7mi
3/10
O'connell (John) High School
Public,9-121.2mi
7/10
Wallenberg (Raoul) Traditional High School
Public,9-121.2mi
6/10
Academy Of Arts And Sciences
Public,9-121.5mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,9-121.5mi
2/10
S.F. International High School
Public,9-121.6mi
1/10
Downtown High School
Public,9-121.7mi
2/10
Marshall (Thurgood) High School
Public,9-122.7mi
8/10
Galileo High School
Public,9-122.7mi
7/10
Lincoln (Abraham) High School
Public,9-122.8mi
7/10
Balboa High School
Public,9-123.0mi
2/10
Jordan (June) School For Equity
Public,9-123.1mi
7/10
Washington (George) High School
Public,9-123.2mi
5/10
Burton (Phillip And Sala) Academic High School
Public,9-123.5mi
10/10
Lowell High School
Public,9-123.5mi

Price History

Date
Event
Price
09/22/25
Price Change
$1,399,000
08/29/17
Sold
$1,800,000
04/30/15
Sold
$2,650,000
Condition Rating
Tear down

This listing is explicitly marketed as an 'incredible development opportunity' with approved plans for new construction, and the provided images are primarily digital renderings of the proposed future homes or aerial views of the existing structures. The description notes that a 2-bedroom, 1-bathroom single-family home 'currently sits' on the parcel, implying it is not the primary asset being sold. The value is clearly in the land and its redevelopment potential, indicating the existing structure is intended for demolition or extensive reconstruction, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Approved Development Plans: Fully approved and paid-for architectural plans by Geddes Ulinskas Architects, including shoring and interior design, significantly de-risking and accelerating the development timeline.
Prime San Francisco Location: Strategically located at the intersection of highly sought-after neighborhoods (Corona Heights, The Castro, Duboce Triangle), ensuring strong market demand and premium pricing for completed units.
High-Density, High-Value Project: Approved plans for four distinct residences (two condos, two single-family homes) totaling 7,828 sq. ft., maximizing the land's potential and offering diverse housing options.
Luxury Amenities & Views: Planned homes feature highly desirable amenities such as downtown views, 1-car parking per unit, roof decks, terraces, and gardens, enhancing market appeal and value.
Premium Market Potential: The combination of a prime location, renowned architectural design, and luxury features positions the completed development to command top-tier prices in the competitive San Francisco market.

Cons

Mandatory Adjacent Parcel Acquisition: Development is contingent upon the simultaneous purchase and development of the adjacent parcel (262 Castro St), increasing the overall investment and transactional complexity.
Demolition & Site Preparation Costs: The presence of existing structures on both parcels necessitates demolition and extensive site preparation, adding significant costs and time to the project budget.
Substantial Capital Requirement: This is a large-scale development project requiring considerable upfront capital for land acquisition, demolition, and construction, appealing primarily to well-capitalized developers.

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