Update 25 August 2023: The list price of 875 Francisco Street has been reduced to $7,776,000.
 

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On the north slope of Russian Hill — among San Francisco’s seven original hills — the 800 block of Francisco Street is a prized locale rivaling the city’s most famously exclusive enclaves. Seldom are any of the thirteen fully-detached single-family residences on this illustrious span listed for sale, and eight-figure prices are all but uncommon. In fact, two homes only recently traded hands for the first time. As for 875 Francisco Street, the seller’s agent makes no exaggeration calling it a “once in a generation opportunity to acquire an heirloom property.”

Adjacent to the park-like grounds surrounding an historic 1850s mansion at the street’s crest, 875 Francisco Street was initially asking $15.5 million when it landed on the market in 2020. Subsequent price reductions failed to produce a buyer, ultimately leading it to be foreclosed upon. The 6,300+ square foot centenarian, now lender-owned, has continued to drop its list price since being reintroduced in February 2023. It’s on track for a sub-$8 million purchase — the lowest $/sqft on Russian Hill’s Gold Coast in at least 25 years.

The property is, at minimum, a cosmetic fixer sporting 40+ years of colorful style choices made by its previous owner. As it stands, a stately exterior, grand scale rooms, ornate period detail and awe-inspiring landmark views offer the makings of a premier trophy estate. A tech-forward reimagination with modernist design sensibility is certainly not out of the picture, either. For what it’s worth, a spec house by luxury developer Troon Pacific located just a stone’s throw away fetched a reported $27 million in 2020 (approximately $2,213/sqft).

Let’s take a look inside.

875 Francisco Street‘s entrance may be approached from either Francisco Street or a rear walkway to Hyde Street. A labyrinth of living spaces at the main level includes formal areas as well as decidedly more casual bar and breakfast rooms. Let the views begin!

Pinks and pastels and prints, oh my! The home’s second level is configured as one sprawling primary suite complete with dressing room, library and numerous balconies. There are ten — yes, TEN — closets.

A second, smaller bedroom suite on the top floor is accompanied by a pentroom and large terrace. Take it all in: Golden Gate, Richmond and Bay bridges; Alcatraz, Angel and Treasure islands; Palace of Fine Arts; Ghirardelli Square; St. Francis Yacht Club; Aquatic Park; Marin Headlands; Mt. Tam; and so much more.

The lowest level — featuring a separate entrance as well as interior stair and elevator accessibility — is a mash-up of bedrooms, storage and utility areas. A walled garden at the front sits atop subterranean parking for two vehicles.