The most expensive listing in San Francisco just received a $4.5 million price cut, but it's still on track to shatter the city's real-estate record — take a look inside the gorgeous complex

Courtesy of Jacob ElliottIf it sells at its new asking price, the gated Russian Hill compound will still shatter the city’s current real-estate record of $US38 million.
  • San Francisco’s 950 Lombard is the most expensive listing in the city, with a current asking price of $US40.5 million.
  • Despite a recent $US4.5 million price cut (bringing the listing price down from $US45 million), if the home sells at its new reduced asking price, it will still shatter the city’s current real-estate record of $US38 million.
  • The compound features an infinity pool, six bedrooms, eight bathrooms, and a four-car garage.

San Francisco is notorious for its overpriced housing market – 60% of tech workers there say they can’t afford homes – and nowhere is that more evident than in a $US40.5 million listing in Russian Hill, the most expensive listing in the city.

The home straddles two hillside lots and has six bedrooms and eight bathrooms, in addition to an array of terraces and wellness features, including an infinity pool, a wellness centre, and a Japanese water-filtration system.

Read more: A $US34 million San Francisco mansion billed as a ‘wellness home’ has a sauna, yoga studio, and filtration system that changes all the air in the house every 2 hours. Take a look inside.

Despite a recent $US4.5 million price cut (bringing the price down from its original $US45 million listing price), if the home sells for its new reduced asking price, it will still shatter the city’s current real-estate record. According to Terri Tiffany, PR counsel to Pacific Union International, that record is currently held by 2712 Broadway on San Francisco’s Gold Coast, which was listed at $US42 million and sold for $US38 million.

Here’s a look inside the 950 Lombard compound:


The house is located at 950 Lombard St. in San Francisco’s Russian Hill.

Courtesy of Jacob Elliott

Source: Pacific Union International,San Francisco Business Times


The compound sits on over a third of an acre, which includes 100-year-old olive trees and an outdoor kitchen.

Courtesy of Jacob Elliott

Source: San Francisco Business Times, The Wall Street Journal


It includes a four-car garage, which is entered through a tunnel on the side of the hill.

Courtesy of Jacob Elliott


Source:
Pacific Union International


The property takes up two lots and the home itself is a modern mix of concrete structures and bright, open spaces.

Courtesy of Jacob Elliott

Source: Curbed San Francisco


The home has four levels, all of which are connected by a glass elevator …

Courtesy of Jacob Elliott

Source: Pacific Union International


… that reaches from the two-story underground art gallery …

Courtesy of Jacob Elliott

Source: Pacific Union International,Curbed San Francisco


… to the three ensuite top-level bedrooms, including a master bedroom.

Courtesy of Jacob Elliott

Source: Pacific Union International


The master bedroom opens up to a deck with sweeping views of the city.

Courtesy of Jacob Elliott

Source: Pacific Union International


The middle two floors of the home feature plenty of open living spaces, as well as two more ensuite guest bedrooms …

Courtesy of Jacob Elliott

Source: Pacific Union International


… two separate bars …

Courtesy of Jacob Elliott

Source: Pacific Union International


… and a formal dining room.

Courtesy of Jacob Elliott

Source: Pacific Union International


In addition to offering plenty of seating …

Courtesy of Jacob Elliott

Source: Pacific Union International


… the kitchen also opens right up into the grounds.

Courtesy of Jacob Elliott

Source: Pacific Union International


The complex also features an 850-square-foot wellness centre, including a massage table …

Courtesy of Jacob Elliott

Source: Curbed San Francisco


… and a hot tub.

Courtesy of Jacob Elliott

A 40-foot infinity pool is the finishing touch to one of the home’s many patios.

Courtesy of Jacob Elliott

Source: SFGate


The patio area offers yet another dining area, replete with two chandeliers and more views across the bay.

Courtesy of Jacob Elliott

Val Steele, listing agent with Pacific Union International in San Francisco, described the complex as offering the “rare opportunity for a person to own their own ‘park’ in San Francisco.”

Courtesy of Jacob Elliott

Source: Pacific Union International


“There has never been an offering of this kind in the city and there may never be one of this calibre again,” Steele added.

Courtesy of Jacob Elliott

Source: Pacific Union International


The home is now listed for a whopping $US40.5 million.

Courtesy of Jacob Elliott

Source: The Wall Street Journal


Despite a recent $US4.5 million price cut, if it sells at asking price, 950 Lombard will become the most expensive home ever sold in San Francisco, displacing the current record-holder, which sold for $US38 million in 2017.

Courtesy of Jacob Elliott

Source: The Wall Street Journal, SFGate

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