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181 Fremont Penthouse Wows on MarketWatch

San Francisco skyscraper penthouse hopes to fetch record $42 million

San Francisco is better known for quaint Victorians than skyscrapers, but that may change: A penthouse on the 70th floor of an under-construction building is going on the market for $42 million.

If the unit sells for anywhere near its asking price, it will set a record for a condominium in San Francisco, said listing agent Alan Mark, president of the Mark Co., adding that the current record was set when a Pacific Heights penthouse sold for $31.8 million in 2015.

Sitting nearly 700 feet above sea level, the apartment will also be the highest residence west of the Mississippi, said Matt Lituchy, chief investment officer of Jay Paul Company, the developer. The building will be 802 feet tall to the top of the spire when completed, part of a changing skyline that includes nearby Salesforce Tower, which at 1,070 feet will be the city’s tallest office tower when it is completed.

Located in the city’s SoMa neighborhood in a building called 181 Fremont, the 6,941-square-foot, full-floor penthouse will have 360-degree views of the city including the Golden Gate Bridge and the Bay Bridge, according to Lituchy. The penthouse will have five bedrooms, five full baths and two powder rooms. Plans call for a two-sided limestone fireplace floating between the living room and the library, a private elevator lobby and a butler’s pantry with wine storage.

An expanded version of this report appears on WSJ.com.

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