Noe Valley Voice December-January 2008

House Sells for $5.8 Million

By Corrie M. Anders

A newly built, contemporary-style home with commanding views of Noe Valley and downtown San Francisco has become the second property in the neighborhood to break the $5 million barrier.

Two buyers paid $5,818,000 for the four-level Duncan Street home, in a deal that closed escrow on Nov. 11. The developer who built the home initially priced it at $6,250,000.

It's now the most expensive property sold in Noe Valley, surpassing the $5.3 million home a retired Google employee purchased in 2005. (See "The House That Google Bought," December/January 2005 issue.)

The buyers did not want to be identified, according to Jon Taylor and Gary Johnson, two agents with the Paragon Real Estate Group, which brokered the transaction.

But what do the new owners get for that kind of money?

Taylor said the 5,000-square-foot home sports four bedrooms, 41/2 baths, an elevator to all four levels, a four-car garage, and a separate residential unit with one bedroom and one bath. The building also has curb appeal--the design involves lots of concrete, glass, wood, and jutting angles.

The home is located in the 600 block of Duncan Street near Newburg Street, just down the road from the "Google House."