In The News

At $40 million, this is the most expensive home sale in San Francisco

A massive ultra-luxury home on Pacific Heights’ Gold Coast just sold for $40 million, the most expensive sale in San Francisco ever.

The 11,400-square-foot contemporary dwelling at 2712 Broadway houses seven bedrooms, eight bathrooms and four half-baths, with panoramic views of the San Francisco Bay and Golden Gate Bridge.

The house was listed by Val Steele of Pacific Union.

Amenities are nothing short of lavish, including a wine cellar, gym, movie theater, turntable parking garage and fifth-story view deck. The home is also constructed using green building materials and has 50 piers drilled down to bedrock for seismic stability.

The property was brokered by Val Steele of Pacific Union International to an undisclosed buyer. Developer Bill Campbell of Marble Management was the seller. Though Steele said the new owner hopes to remain private, she did say it was not foreign money. Thomas Bliss of Sotheby’s International Realty was also on the listing.

The house is new construction, a rarity in the north side of San Francisco, Steele said. The architect was Tom Taylor of Taylor Lombardo Architects, and the interior was designed by Handel Architects. The property sold in less than 10 weeks.

“A lot of people missed the boat on this house,” said Steele. “The way the market is going, people will look back at this sale in a few years and say, ‘What a great buy.’”

Neighbors in the ultra-luxury row include Oracle billionaire Larry Ellison and philanthropist couple Ann and Gordon Getty.

Campbell purchased the former property, known to insiders as “the leprechaun house,” according to Steele, for $7.8 million in 2009.

Prior to this sale, the most expensive house sold to date was nearby 2950 Broadway, which fetched $35 million in 2013, said Steele.