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Huge Russian Hill Spec House Sells for $27M — 40% Below Original Asking Price of $45M


Huge Russian Hill Spec House Sells for $27M 40% Below Original Asking Price of $45M
We re learning that a large gated compound on Lombard Street in Russian Hill that was originally listed for $45 million in 2018 and subsequently reduced ended up quietly changing hands earlier this year for $27 million.
Curbed proclaimed 950 Lombard the new most-expensive home for sale in San Francisco when it hit the market in October 2018. And had it fetched that sky-high asking price it would have indeed set a record. But as Socketsite notes as they bring us the news about the March 2020 sale of the house, the most-expensive title is currently held by a mansion at 2920 Broadway, which sold for $39 million in October 2018. And, across the street at 2901 Broadway, a home that last sold for $28.25 million in 2012 and has undergone a reported eight-figure renovation is likely to set a new record when it goes up for sale. ....

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