Despite a deep discount, the sale of this historic Presidio Heights mansion is 2023’s most expensive so far.
3450 Washington St. boasted a price tag of $45 million, underwent a $5.5 million price cut, and recently sold for $34.5 million, San Francisco's most expensive home sale of 2023 so far.After a long winter on the luxury market, weathering both a price cut and an under-asking closing price, 3450 Washington St. has finally sold.
The historic 1930s Presidio Heights mansion closed for $34.5 million, which represents San Francisco's most expensive residential home sale of 2023. When it first went to market in October 2022, this Albert Farr-designed 9,865-square-foot mansion asked $45 million, creating buzz as the highest-priced home on the San Francisco market. Two months later,Then asking $39.5 million, the French Normandy-inspired mansion waited for buyers. The home features six bedrooms, seven full bathrooms and three half-baths.
In 2023, those buyers were found. The final sale price, however, was $4 million short of the most recent list price. “We are delighted together with our sellers to have closed on 3450 Washington,” real estate agent Antoine Crumeyrolle of Compass wrote in a statement to SFGATE. “The $34.5 million achieved by this sale represents a record for residential sales in 2023, and underscores San Francisco’s continuing appeal as a global city.
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