Near and Over $3m in the Trees

Posted by Dave Fratello on Friday, June 18th, 2010 at 4:08pm.

You could have counted MBC as skeptical when 641 18th hit the market in late May at $3.295m.

Sales above $3m are rare in the Trees, and, as you can tell, the 4br/4ba, 3800 sq. ft. home is of mid-90s vintage – not the newer construction that would typically touch the $3m threshold.

Alas, location helped the sellers hit the jackpot here.

The home is at the top of the hill on prestigious 18th in the Martyrs area, meaning ocean views over the rest of the Trees and downtown. Yum.

The 7150 sq. ft. lot's wider than normal, opening up the floorplan, and if the deck space isn't enough, there's still a sweet back patio for lounging or entertaining as well.

Even at that elevated start price, the home drew multiple offers. Are you used to hearing that this year?

Not so far away, a newer (2003), much bigger (5br/5ba, 5400 sq. ft.) home at 644 17th has, perhaps, stalled out a bit, still priced at $3.450m. No, there aren't views there, but the Spanish is voluptuous and the cul-de-sac street is so private, you almost need approval from the neighbors to buy in.

Not quite up at the $3m point, but close enough, 3001 Agnes has just closed for $2.725m, a quick sale on a terrific corner-lot Spanish near 31st. (The listing invokes Tuscany but we'll stick with this description.)

The big, custom home (5br/6ba, 4375 sq. ft.) is on a much-bigger-than-average lot (6580 sq. ft.) that affords a nice interior patio, plus plenty of nicely landscaped exterior space.

Inside, beyond the expansive, bright spaces, the home came with a car lift, to keep your toys out of the way during the work week. You do have that problem, don't you?
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