Friday, February 19, 2010

San Francisco's Painted Lady - For Sale

One of San Francisco's iconic Painted Ladies is up for sale.

After 35 years of ownership and an original price tag of $65,000, owner Michael Shannon had decided to downsize from his 4600 sq.ft. home, across from Alamo Square, on Postcard Row.

The home boosts four bedrooms, three and a half baths, plus a garden au pair apartment. It stands 1,000 square feet larger than the other, 'six sisters', according to Shannon, who has researched the history. The home was constructed as the personal residence of builder Matthew Kavanaugh, who owned all the adjacent lots to the south. After Kavanaugh finished his own place, he built the three matching houses at the far end on spec. When they sold for around $8,000 a piece, Kavanaugh finished the strip, in 1896.

Shannon has set a price tag, just shy of $4 million, at $3,999,000 for his property. He claims it's based on square footage and neighborhood comparables-which is none.

Even though the home has gained notoriety over the decades through films, tv shows, books, and articles. It's still going to take a discerning buyer to want to become apart of this special attraction.

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At February 25, 2010 8:49 PM, Anonymous Pasadena Homes for Sale said...

Beautiful Victorian home. We have very few in Pasadena.


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