
San Francisco, CA 94114
This Stunning Move-In Ready Home is listed at $5,995,000, aligning perfectly with its $5,995,000 Fair Market Value. Featuring a comprehensive studs-out reinvention with a new foundation, structural steel, and premium quarter-sawn white oak floors, the property boasts an Excellent Condition Rating requiring zero immediate work. Situated in the vibrant Noe Valley neighborhood, the residence offers a versatile dual-residence layout and a panoramic view of the San Francisco Bay. It is the perfect fit for a discerning luxury buyer or multi-generational family seeking a sophisticated, stress-free urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 551 Alvarado Street Subject 5 bd · 6 ba · 3,796 sqft · $1,579 | $5,995,000* List Price | 5 | 6 | 3,796 | $1,579 | - |
A 544 Hill Street Sold 4 bd · 4 ba · 2,954 sqft · $1,862 · 0.1 mi | $5,500,000 | 4 | 4 | 2,954 | $1,862 | 0.1 mi |
B 4075 20th Street Sold 4 bd · 3 ba · 3,258 sqft · $1,713 · 0.3 mi | $5,580,000 | 4 | 3 | 3,258 | $1,713 | 0.3 mi |
C 553 Douglass Street Sold 5 bd · 4 ba · 3,095 sqft · $1,616 · 0.3 mi | $4,999,999 | 5 | 4 | 3,095 | $1,616 | 0.3 mi |
D 476 Liberty Street Sold 4 bd · 4 ba · 3,205 sqft · $1,747 · 0.3 mi | $5,600,000 | 4 | 4 | 3,205 | $1,747 | 0.3 mi |
E 971 Sanchez Street Sold 4 bd · 3 ba · 2,455 sqft · $2,017 · 0.2 mi | $4,951,522 | 4 | 3 | 2,455 | $2,017 | 0.2 mi |
F 941 Diamond Street Sold 4 bd · 4 ba · 3,153 sqft · $1,794 · 0.3 mi | $5,657,750 | 4 | 4 | 3,153 | $1,794 | 0.3 mi |
G 591 Diamond Street Sold 3 bd · 4 ba · 2,370 sqft · $1,846 · 0.2 mi | $4,375,201 | 3 | 4 | 2,370 | $1,846 | 0.2 mi |
H 10 Deming Street Sold 4 bd · 4 ba · 3,211 sqft · $1,837 · 0.8 mi | $5,900,000 | 4 | 4 | 3,211 | $1,837 | 0.8 mi |
I 571 Noe Street Active 4 bd · 4 ba · 3,605 sqft · $1,885 · 0.4 mi | $6,795,000 List Price | 4 | 4 | 3,605 | $1,885 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a complete 'studs-out' reinvention featuring a new foundation, structural steel, and all-new systems including 400-amp electrical, plumbing, and HVAC. The kitchen and bathrooms are in mint condition with high-end quartzite and custom cabinetry, meeting the criteria for a comprehensive renovation completed within the last 5 years.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Unlike a standard renovation, this home was rebuilt from the studs with a new foundation, structural steel, and all-new mechanical systems, offering the reliability of new construction within a classic San Francisco shell.
The property includes a main four-bedroom residence plus a separate two-level, one-bedroom unit, providing rare flexibility for multi-generational living, a sophisticated home office, or high-end rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3796, other record living area = 2218. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2849, living area = 3796.
Having spent over 240 days on the market, the property may face challenges with buyer perception regarding its pricing relative to current luxury market velocity.
Some homes are renovated. Others are reinvented. 551 Alvarado belongs firmly in the latter. Behind its classic San Francisco architecture lies a remarkable transformation, an almost entirely new home, rebuilt from the studs with the precision of modern engineering and an unmistakable eye for design. The main residence unfolds across four bedrooms and four-and-a-half bathrooms, complemented by a separate, two-level, one-bedroom residence. Together, they create an exceptional combination of scale, privacy, and flexibility, whether for guests, extended family, or an entirely independent living arrangement. And while the finishes are beautiful, what's behind the walls is every bit as impressive. A new foundation. Structural steel. New framing. A 400-amp electrical service. Completely reworked plumbing, heating, and cooling. New windows and doors. Six skylights. Extensive insulation. New roofing and drainage systems. This was no cosmetic exercise. The investment extends far beyond what the eye can see. Inside, quarter-sawn American white oak floors establish a warm architectural rhythm. Custom European-style cabinetry, exceptional millwork, richly veined quartzite, and carefully curated stone and tile bring depth, texture, and architectural distinction to every room. The result is a refined, cohesive interior where craftsmanship and design speak for themselves. Natural light moves throughout, giving the home an easy relationship between its architectural character and contemporary sensibility. Then there's Noe Valley itself. A neighborhood with genuine personality, where independent shops, neighborhood restaurants, tree-lined streets, and a strong sense of community make everyday life feel distinctly San Francisco. 551 Alvarado isn't an old house dressed up to look new. It's a fundamental reinvention of what a San Francisco home can be. Beautiful on the surface. Extraordinary beneath it.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 3,796 | 1,757.739 |
| Lot Size | 2,849 | 2,673.006 |
| Price | $6.00M | $1.97M |
| Price per sq ft | $1.6K | $1.2K |
| Built year | 1900 | 1931 |
| HOA | $0 | $176 |
| Days on market | 248 | 45 |
Feb 18, 2026
$5,995,000
Initial Listing
Jul 8, 2022
$1,850,000
Public Record