Castro Mansion Looks To Bring Home The (Millionaire’s) Bacon

There’s only so many modern masterpiece spec homes we can look at before our eyes glaze over and induce a snoozefest. Don’t get us wrong: We see the merit of wide open spaces and blank slate big white walls in appealing to the masses. But when a grand home like 295 Sanchez Street comes along, it really catches our attention. The artful fusion of quintessential San Francisco style and modern sensibility makes it a standout in its class. And we’re willing to bet there are more affluent buyers eager to throw down for this one-of-a-kind irreplaceable asset than not.

If you’ve ever waited for a table at uber popular Kitchen Story (millionaire’s bacon and bottomless mimosa brunch, anyone?), then you’ve admired this enormous home directly across the way, prominently situated at the corner of Sanchez Street and 16th Street in the Castro. You may have assumed it was apartments or condos — it’s that big. In fact, it is technically two units (although it lives like a single-family house and is being marketed as such).

Let’s dive into some details. The original Edwardian two main floors and the modern pent-level encompass a whopping 5 bedrooms, 4.5 bathrooms and full floor of living space. The lower level is a legal unit with private street entrance (as well as interior access from the upper unit), 2 bedrooms and 1 bathroom. Floor plans rendered by graphic artist show a total 7 bedrooms, 5 full bathrooms, 2 half bathrooms, and 5,940 square feet.

Exclusive buyer representation and private tours available > 415.715.9205 / mike@vulcca.com

295 Sanchez Street is marketed and exclusively listed by Sotheby’s International Realty. Floor plan rendering above courtesy of SFAR MLS.

Since its construction in 1917 by the founder of the San Francisco Teamsters, this exceptional Castro property has changed hands only three times. A multi-year renovation under the current owner’s stewardship elevated this home’s timeless beauty and made it one of neighborhood’s largest private residences.

What stayed: historical facade; paneled entry with terrazzo stairs; leaded glass and bow windows; door and window trim; grand staircase; front parlor fireplace; elevator; exterior siding; landmark mural by Colette Crutcher

 

What went: several interior walls; dark wood finishes; pocket doors and decorative columns; rear parlor; dining room fireplace, wainscoting and built-ins; front parlor fireplace trimmings; secondary staircase; butler’s pantry; utility porch with full bath; sitting room; wine cellar; outdoor heated pool

 

What’s new: rear addition with home gym and wet bar; rear deck; expanded chef’s kitchen with island; media room; hardwood floors with radiant heat; expanded/reconfigured bedrooms; 3 full baths and two 1/2 baths; pent-level bedroom suite with office and two decks; rooftop deck with firepit; exterior spiral staircase; ambient and recessed lighting; integrated home audio; lower level unit completely remodeled; wine room with temperature control; exterior lighting; frosted glass deck railings and garage door; garage vehicle slider; backyard patio and eco-friendly landscaping; custom treehouse

 

295 Sanchez Street is marketed and exclusively listed by Sotheby’s International Realty. Listing photos above courtesy of SFAR MLS.

Listed at $6,950,000, 295 Sanchez Street seeks a buyer with deep pockets. But all things considered — including the few comparable sales in the Castro — the price is right, and the home may fetch more from the right buyer who has to have it. It’s not every day that a property this special lands on the market.

Just how special is it? We dove into listing data and tax records spanning two decades…

TL;DR Fewer than 1% of more than 4400 total listings currently reported to SFAR MLS in the neighborhood from 1 January 2001 to today are distinct properties sharing size, square footage and/or price characteristics with 295 Sanchez Street.

Our search parameters:

› Listings in the Eureka Valley/Dolores Heights SFAR MLS subdistrict;

 

› Residential properties of similar type (i.e. single-family homes, multi-unit properties that live like a single-family and are marketed as such); and

 

› Coming Soon, Active, Contingent, Pending, Hold, Canceled, Expired*, Closed*, Sold Off MLS listing statuses from 1 January 2001 to 27 October 2021.

 

*Where listings are Canceled or Expired, tax records checked for subsequent sale

Note: Properties that did not appear on the MLS during the period, or have been removed as of 27 October 2021, are not included in our search. Listings which match our criteria and are duplicate listings and/or previous resales of the same property have been excluded. Number of bedrooms, square footage and price are based on listing data and may vary from city/county record.

Our findings:

Homes with 7+ bedrooms (2)

› 1 sold after listing status changed to Canceled or Expired (Listing)

 

› 1 did not sell

Homes with 5000+ square feet** (6)

› 3 sold during listing period (Listings)

 

› 2 sold after listing status changed to Canceled or Expired (Listings)

 

› 1 did not sell

 

**Listings with no square footage displayed in MLS excluded

Homes priced $6m+ (24)

› 13 sold during listing period (Listings)

 

› 5 sold after listing status changed to Canceled or Expired (Listings)

 

› 5 did not sell

 

› 1 is listed Active (Listings)

Here at VULCCA, we live for scouting out opportunities and putting together creative deals. All of the properties noted above that did not sell are potentially off-market sales waiting to happen.

Let’s talk > 415.715.9205 / mike@vulcca.com