
San Francisco, CA 94105
This Luxury BMR Condominium in the iconic MIRA tower is a Prime Investment Opportunity with a List Price of $291,719—positioned well below the $299,307 Fair Market Value by 2%. This valuation provides $7,588 in Instant Equity for qualified buyers. Boasting a Pristine Condition Rating, the never-occupied unit features city skyline views and award-winning Studio Gang architecture. Residents access elite education at Lowell High School and Chinese Immersion School At Deavila. This is an unparalleled urban sanctuary for income-eligible residents and first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 285 Main Street 510 Subject | $291,719* List Price | 1 | 1 | 591 | $506 | - |
A 285 Main Street 408 Active | $337,931 List Price | 1 | 1 | 630 | $536 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new, never-occupied condominium in the recently completed MIRA development. As a new construction property, all components including the kitchen appliances, flooring, and bathroom fixtures are in pristine condition with zero physical depreciation. While the BMR-specific finishes are more standard (white appliances and electric coil range), the overall quality, modern aesthetic, and access to high-end luxury building amenities meet the highest standards for condition.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Developed by Tishman Speyer and designed by the award-winning Studio Gang, MIRA is a landmark building offering innovative layouts and high-end luxury in a brand-new, never-occupied unit.
As a Below Market Rate (BMR) housing opportunity, this property offers a rare entry point into the San Francisco luxury market at a fraction of the typical cost for the area.
The property is subject to strict MOHCD resale controls and monitoring, which limits future appreciation potential and restricts the pool of eligible future buyers.
The monthly association fee of $807 is relatively high compared to the purchase price, which may impact the overall affordability for BMR-qualified applicants.
Below Market Rate (BMR) housing opportunity available at MIRA through the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring and other restrictions. This home is a new home and has never been occupied. Explore a new angle on life at MIRA, luxury condominium homes developed by the team at Tishman Speyer and designed by award-winning architecture Studio Gang. Located at the corner of Main and Folsom Streets in San Francisco, CA, MIRA features iconic architecture, innovative layouts and a bold attitude. Fresh and forward-thinking, MIRA invites you to shift your perspective on living in San Francisco. All images are representative of the development.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 48% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 591 | 1,042.5 | 3% |
| Lot Size | - | 28,689.595 | 19% |
| Price | $291.7K | $1.19M | 1% |
| Price per sq ft | $494 | $1.1K | 1% |
| Built year | 0 | 2008 | 1% |
| HOA | $807 | $1.4K | 9% |
| Days on market | 64 | 206 | 3% |
Feb 17, 2026
$291,719
Initial Listing