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There are currently 73 properties for sale in San Francisco that are asking less than $500K. We combed through all 73 of them to find you the very best and most unique. We didn't include TIC, short sales, or vacant lots, and we also didn't include homes that were already in contract. From a 278 square foot studio at Cubix to a single-family home in Portola, we've created a map of some great properties around San Francisco, and all are asking under $500,000.
Photo via The Kitchn
THE INTERNET—Please welcome to the dancefloor Casa.com, a new home site that sells cookware, bedding, small appliances, tabletop pieces, and more. Good news: they've got a 365-day return policy. [CurbedWire Inbox]
THE HAMPTONS—Some good architecture up for grabs out East: a Norman Jaffe-designed rental and a Bates Masi contemporary asking $895K. [Curbed Hamptons]
KISSIMMEE, FLA.—In order to differentiate itself from 2009 Oscar-winning James Cameron smash hit, builder Avatar has changed its name to AV Homes. Per the release, "Could it be the first time a company has had to change its name because of a blockbuster movie of the same name? Probably so." Then: "But the story does have a happy ending, as did the movie." [CurbedWire Inbox]
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· SF — one of the best cities for kids? [SFGate]
[Photo via Erik Wilson]
? Previous: Inner Richmond Condo is Full of Charm
Photo via Baird & Warner
"Hey Cole, I'm looking to buy a home from an architectural great, like Frank Lloyd Wright or Mies van der Rohe. Are there any such gems available? We'd be willing to move to make it happen."
Actually, there are many homes like this on the market--and some at obtainable prices. Take this one, designed by renowned Frank Lloyd Right, for example: The Coonley House, built between 1908 and 1912, was renovated many times since, yet still maintains its original charm and beauty. Also, the Riverside, Ill. gem was dubbed by Wright as his "best house." Why did Wright adore this property so much?
Well, the masterpiece, which is now a National Historic Landmark, offers unique architectural features throughout, five-bedrooms, five-bathrooms, and impeccably designed gardens. Every room of the 6,000-square-foot abode showcases Wright's undeniable talent. And the price is not the jaw-dropping number you may have expected: this home can be yours for just $2.89M.
Photo via Realtor.com
But if money is no object, you may want to consider this: The Coonley House was divided into two separate residences, the main wing (top of page), and the original bedroom wing (just above). At $1.299M, the bedroom wing is also for sale, which means, for about $4M, one with a serious influx of cash could purchase both and combine them once again into a magnificent single family home.
· 281 Bloomingbank Road Riverside, IL 60546 [Baird & Warner]
· 300 SCOTTSWOOD Road [Realtor.com]
· Five Frank Lloyd Wright Homes For Sale in the Chicago Area [Curbed Chicago]
On Saturday, a Long Island developer made good on his promise to demolish Land's End, the Gold Coast estate said to have inspired F. Scott Fitzgerald's The Great Gatsby. CBS News was there to catch the gruesome act on camera and interviewed owner and developer Bert Brodsky, who waxed poetic about the house and its history just minutes before a metal claw tore through the fine woodwork. The grand columned mansion had certainly seen better days—as a set of old listing photos revealed last month can attest—and Brodsky says he and his son had "no choice" but to demolish the aging summer cottage. The dilapidated home languished on the market, priced at $30M, before the father-son duo decided to redevelop the 13-acre property into five luxury homes priced at $10M a piece, so their claims of poverty are a little shaky at best. Get all the history, demolition footage, and developer grandstanding in the video, after the jump.
I am participating panel today that I am told is oversubscribed but I plan to share my thoughts here after the conference is over. Navigating Uncertain Waters: Mortgage Lending in the Wake of the Great Recession hosted by the Furman Center For Real Estate & Urban Policy and The Institute for Affordable Housing Policy.
The panel represents many perspectives on assessing collateral (translation: appraising!). It’s the first time that I am aware of where an event has been held to address the appraisal issue in a constructive way.
Feedback to follow.
