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San Francisco's largest estate has its $12.5million asking price slashed by more than half


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2018 Nov 3, 2:15pm   746 views  3 comments

by Patrick   ➕follow (55)   💰tip   ignore  

https://www.dailymail.co.uk/news/article-6346457/San-Franciscos-largest-estate-12-5million-asking-price-slashed-half-5-5million.html

San Francisco's largest estate has its $12.5million asking price slashed by more than half to $5.5million after failing to attract a buyer for over a year

San Francisco's 9,966-square-foot Chenery House is owned by former ad exec and bon vivant Bob Pritikin
Pritikin initially put the city block-sized mansion on sale for $12.5million in September 2017
He recently slashed the price tag to $8million and he's now listing the house at a cool $5.5million
Pritikin regularly hosts parties and fundraisers at the home, including his annual, 850 guest, Labor Day fete
The mansion's living room is as big as a tennis court and its driveway can easily fit up to 15 cars


I remember when it went on the market. Lol, still on the market.

Sure, it's just one data point, but it is more evidence of a generally falling real estate market in SF.

Comments 1 - 3 of 3        Search these comments

1   HeadSet   2018 Nov 3, 3:59pm  

San Francisco's largest estate has its $12.5million asking price slashed by more than half to $5.5million after failing to attract a buyer for over a year

So Patrick, at what price are you waiting for to put in your offer?
2   Ceffer   2018 Nov 3, 4:27pm  

What is the rent ratio on this bargain?
3   RWSGFY   2018 Nov 3, 5:00pm  

Patrick says
Sure, it's just one data point, but it is more evidence of a generally falling real estate market in SF.


Nah, these kind of monster mansions have their own market which moves separate from its plebian counterpart.

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