No one knows the worth of things on Pacific Heights better than Dede Wilsey.
When asked to comment on the $55 million asking price for 2901 Broadway she told Bloomberg “It’s insane… There is an extraordinary amount of money around, and that’s unprecedented.'”
Some real estate brokers agree. “It’s out of the range of reality for the condition it’s in,” said Anne Riley of Alain Pinel. “It needs to be brought up to code.”
And according to Joseph Moore, also of Alain Pinel, “You don’t have the fancy granite, marble and luxury finishes you’d expect in a $55 million house. It’s a fixer.”
You read that right, folks. A $55 million fixer.
- Further Reading: “San Francisco Mansion, $55 Million…” [bloomberg.com]
- Further Reading: “Inside 2901 Broadway” [sfluxe.net]