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The last time 1740 20th Street changed hands (for a reported $9,500,000 in a September 2015 off-market sale), it trounced Potrero Hill‘s previous price record holder by almost $6 million. To date, no residential property has come close to touching that staggering sale price, according to data reported by SFAR MLS. It wasn’t until earlier this year, in fact, that any other single-family home even surpassed the $5 million mark.
Now, this stunningly gorgeous mid-century-meet-21st-century masterpiece has just landed on the market for $9,995,000 and could well be the neighborhood’s first EIGHT-FIGURE deal.
Built in 1948 by architect FJ McCarthy, the Kellogg House — named for its original owner — began its life as a two-level 2-bed / 2.5 bath dwelling. In the 45 years that followed, the home remained in largely original condition, described in a 1993 listing as being in “pristine condition, with large decks and exquisite landscaping.”
Fast forward to 2015, a dramatic reimagining of 1740 20th Street had elevated it to the modernist marvel it is today. At the direction of serrao design/architecture, the home gained a full-floor pent-level primary suite with covered terrace, third bedroom, wellness retreat and outdoor shower, decks galore, and a whole lot of louvers. With a nod to distinctively Californian design, every room invites indoor/outdoor living.
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Plain and simple: This is the dazzling million-dollar view that puts Potrero Hill real estate on the map.
A property as eye-catching as 1740 20th Street is sure to draw a lot of interest. And while other San Francisco single-family homes at this top-tier price point aren’t exactly flying off the shelf, there are exceptions. Those that check the boxes for location, character, condition and pedigree are a hot commodity. We’ve spotlighted a few of them here at The Market Insider:
› 722 Steiner Street: This picture-perfect restored and updated house in historic Alamo Square, formerly home to the builder of the world-famous Postcard Row Painted Ladies, was listed for $5,750,000 and sold for $6,000,000 — all cash — after 14 days.
› 201 Buena Vista Avenue East: Across from Buena Vista Park, this grand Victorian mansion with a history of noteworthy owners fetched more than $1 million over its $6,995,000 list price to close at $8 million — all cash — after 9 days.
› 295 Sanchez Street: In the Castro, this state-of-the-art home originally built in 1917 by the founder of the San Francisco Teamsters sold over list price for $7,125,000 — again, all cash — after 10 days.
For what it’s worth, single-family home price appreciation in Potrero Hill from September 2015 thru April 2022 suggests the current value of 1740 20th Street is well above $10 million. The question is: Will this exquisitely unique property inspire one eager buyer to make an over-asking offer?
