As originally reported by Socketsite.com, this beautiful English-Tudor home at 2950 Broadway is being put on the market by Pacific Union’s Steve Gothelf for $39,500,000.
One might feel that this is the worst time to sell a property of such magnitude (nothing has sold for over $10 million in San Francisco for several months), but this is an extraordinary home, spanning two lots (77 feet along the length of Broadway, with 205 feet in depth), with stunning bay views from almost every room (even the garage!), an English Garden, and a private outdoor swimming pool.
The Ultimate Outer Broadway Home
As one informed observer commented, “The home is the single most sought after single family home in San Francisco… The only other home in San Francisco that is close in prestige and value is the author Danielle Steel’s home on Washington Street.”
The home was designed for Stetson George Hindes in 1922 by Frederick H. Meyer, who was awarded the contract to build it in 1919, estimating that the cost would be $35,000.
If it sells at the record-breaking asking price, it won’t be the first time a Meyer building made history in San Francisco. His imprint is found throughout the City.
He constructed one of the first high rise buildings in San Francisco following the 1906 earthquake: The Humboldt Savings Bank Building at 783 Market (completed in 1908, it still stands today, next to the Four Seasons.)
In 1913 he built the German Center at 625 Polk Street (now housing the California Culinary Academy.) That same year, he began work on 775 Post Street, which would be, at the time, the largest apartment building in San Francisco. And in 1915 he designed the Civic Auditorium (now the Bill Graham Civic Auditorium) with John Galen Howard and John Reid, Jr.
But while his large commercial projects have contributed so beautifully to the culture of San Francisco, it’s this private residence on San Francisco’s “Gold Coast” that has captured the most attention of real estate observers since at least the 1980s, when it was occupied by political activist Lia Belli and her then-husband, famed attorney Melvin Belli.
It was when the Bellis owned it that it was honored as the The 1987 San Francisco Decorator Showcase (Melvin, Lia and daughter Melia Belli lived on their yacht during the showing.) The Chronicle reported that their agent, Vincent Friia, had put together a deal in 1989 to sell the home to multi-billionaire Robert M. Bass for over $7 million, but the deal fell through, supposedly due to a breach of confidentiality (as Fortune magazine noted in 1988, “Nobody hates publicity more than Robert Bass.” Would the Bass family would be interested again? There are local ties: Bass daughter, Margaret Bass, married Edward Sickel here last March in a ceremony that was estimated to cost $5 million.)
Here is Steve Gothelf’s description of the house:
“Situated on one of the largest parcels on San Francisco’s “Outer Broadway”, known as the “Gold Coast,” this treasured landmark combines grand historical architecture with magnificent formal gardens and a backdrop of dazzling Bay views.
Standing sentry at the entrance, two perfectly shaped evergreens frame vast formal grounds offering a true sense of privacy and a superb venue for garden entertaining spilling over from the welcoming front terrace.
Once inside, it becomes immediately apparent that the distinguished brick facade and manicured setting are merely a prelude to the true focal point of the home, the sweeping views that reveal an ever-changing tapestry of color and brilliance. From the Golden Gate Bridge, Marin Headlands and Sausalito Harbor across to the Palace of Fine Arts, Alcatraz, and beyond to the East Bay hills, dramatic picture-postcard views unfold at every turn.
An additional amenity and the perfect complement to the north water views are the verdant and tranquil views of the beautifully landscaped front gardens to the south as seen from the living room, morning room, master suite and great room terrace. This unique and highly desirable combination of north bay views and usable grand south garden space is a special amenity rarely found in San Francisco. ”
It is four levels, with 6-bedrooms, 5.5 baths and a powder room. There is a 4,000+/- bottle wine cellar, secure vault, garage parking for 4 cars, a driveway for additional parking, and a heated outdoor swimming pool and spa privately positioned beyond the rear gardens.
Further Information: Socketsite [socketsite.com]