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765 Market Street 28D, San Francisco, CA 94103, San Francisco, 94103 - 3 bed, 3 bath

765 Market Street 28D, San Francisco, CA 94103 home-pic-0
ACTIVE$4,200,000
765 Market Street 28D, San Francisco, CA 94103
3Beds
3Baths
2,569Sqft
60,152Lot
Year Built
2001
Close
-
List price
$4.2M
Original List price
-
Price/Sqft
$1,635
HOA
$4,085
Days on market
-
Sold On
-
MLS number
424015766
Home ConditionFair
Features
Excellent View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $4.20M(92th), sqft - 2569(85th), beds - 3(79th), baths - 3(81th).

Views! VIEWS! Partial views of Golden Gate Bridge, Union Square, iconic buildings in DowntownSF, Alcatraz, SF Bay! This D plan offers a 3BR/3BA corner unit at the Four Seasons Residences at well below the 2015 purchase price! Wall-to-wall glass windows on three sides of this unit offer stunning views of the City & the Bay from the grand salon, the dining room,chef's kitchen, media room (3rd bedroom) & two bedrooms! The flow from the elegant foyer to the grand salon to the formal dining room, then to the media room simply lends itself to hosting intimate dinners to larger gatherings! Other features: beautiful Venetian plastering/painting, custom light fixtures, some classic architectural details; cushioned window seats at the bottom of the windows (from public rooms to bedrooms); hardwood floors thru-out; in-unit washer/dryer, built-in display/storage cabinets. Two tandem deeded parking spaces & storage in the garage are included. Owners /occupants have access to the Four Seasons Hotel amenities.The Residences lobby is staffed by a Concierge team(7 am - 11 pm) & by Security (11 pm - 7 am), 24/7 in-unit dining service. HOA fees incl: earthquake insurance, all-season heating & A/C, water, garbage, concierge & securit

Price History

Date
Event
Price
03/14/24
Price Change
$4,200,000
04/14/15
Sold
$5,475,000
Condition Rating
Fair
Built in 2001, this luxury condominium is impeccably maintained with high-quality materials throughout, including hardwood floors and custom built-ins. However, the kitchen and bathrooms, while luxurious for their time, exhibit an early 2000s traditional aesthetic that is now considered dated. The kitchen features warm wood cabinetry, traditional stone countertops, and a tiled backsplash that would benefit from modernization to meet current luxury design trends. Similarly, the bathrooms have traditional dark wood vanities, stone counters, and fixtures that, while functional and well-kept, are not contemporary. The property's age (23 years) and the visible style of these key areas align with the 'Fair' criteria, indicating that while move-in ready, it requires minor updates to appeal to current luxury tastes, as also hinted by the listing's own 'Specific Interior Aesthetic' weakness.
Pros & Cons

Pros

Exceptional Views: The corner unit boasts wall-to-wall glass windows on three sides, offering stunning partial views of the Golden Gate Bridge, Union Square, iconic Downtown SF buildings, Alcatraz, and the SF Bay from multiple rooms.
Luxury Residence & Amenities: Located within the prestigious Four Seasons Residences, owners benefit from access to hotel amenities, 24/7 concierge and security services, and convenient in-unit dining service.
Prime Downtown Location: Situated at 765 Market Street in San Francisco, the property offers a highly desirable and central location, providing unparalleled access to the city's finest attractions and business districts.
Spacious & Well-Appointed Interior: This 2569 sqft, 3-bedroom, 3-bathroom corner unit features an elegant flow for entertaining, high-end finishes including Venetian plastering, custom light fixtures, hardwood floors, and practical inclusions like an in-unit washer/dryer.
Valuable Inclusions & Potential Value: The property includes two tandem deeded parking spaces and storage in the garage, which are highly valuable in San Francisco. Additionally, it is listed significantly below its 2015 purchase price, potentially offering a strong value proposition.

Cons

High Association Fees: The monthly association fee of $4085 is substantial, which could be a significant ongoing cost for potential buyers, despite covering comprehensive services like earthquake insurance, heating/A/C, water, and concierge.
Significant Price Depreciation: The current listing price of $4.2 million is considerably lower than its 2015 sale price of $5.475 million, which may raise questions about the property's long-term appreciation potential or market stability for some buyers.
Specific Interior Aesthetic: While featuring high-end finishes like Venetian plastering and classic architectural details, these specific design choices might not appeal to all contemporary luxury tastes and could necessitate further investment for modernization by some buyers.

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