Exclusive | A home in the San Francisco area with a rare architectural background has sold for $ 1.6 million -101% over the price of its list

This Safe California ranking “sang” its way into a comprehensive bid struggle.

A Midcenturi home in Berkeley Hills outside San Francisco and one created by prominent local architect John Hans Ostwald-Has sold for $ 1.6 million, marking an increased creation that was more than double the required price of the list.

Moreover, the magnificent hexagonal residence, which demanded $ 795,000 for sale, spent only two weeks in the market, the post learned.

Ranked in February. 6, the property entered the contract 14 days later, receiving 101% on the price of the list in a rage in the interest of the buyer who saw more than 30 offers, 70 private shows, 300 questions and more than 1,000 visitors destroy its open homes.

The house sold for $ 1.6 million – more than twice its list price $ 795,000 – after only two weeks in the market. Photo of open houses
The house was ordered in 1963 by a dental hygiene who was left home until this sale. Photo of open houses

Needless to say, the explosive question of the house captured the list agent, Jodi Nishimura of Kai Real Estate, off guard.

“We know that [midcentury-modern] Vibe and hexagon the shape of the house would be interesting, but they didn’t expect so many people to retire home, ”she told the post.

The list began with a Brokers tour in February. 5, followed by an open home of the late day, where “people were scared at the west of the incredible sun during the twilight hours.”

By the weekend, the open Saturday house was burned through 100 brochures in just two and a half hours, while Sunday saw an indecent flow of visitors.

“One of our open houses has over 300 people,” Nishimura said.

The house occupies more than 1,300 square meters. Photo of open houses
The house contains red wood walls and refined oak floors. Photo of open houses
Known as the Foley House, it attracted massive interest with more than 30 offers, 70 shows and more than 1,000 open house visitors. Photo of open houses

Ecedeated as a “teasing” in a competitive East Bay market, the seduction of the home among many future buyers stemmed from a perfect storm of factors, with the question, citing the question, its model, its location and market conditions.

This architectural treasure, named Foley House, was ordered in 1963 by a dental hygienic who remained its only owner until its last pass.

Including 1,300 square meters, two bedroom residence, two baths pride in panoramic views of San Francisco Bay, Golden Gate and Marin County, all fitted by its distinctive geometric design and original unmits features.

Exposed red wood rafters, refined oak floors, a copper fireplace and the details of the period as grassy cloth and bubble straps have been strictly preserved since its construction more than six decades.

Kitchen. Photo of open houses
Dining space. Photo of open houses
Balcony. Photo of open houses

Ostwald, a Berlin -born architect who passed by the law in design, left his mark in the Gulf area with his functional aesthetics inspired by Switzerland. Known for the homeless mix with their natural surroundings, he collaborated with California lamps as a neutral Richard, while also designing local monuments such as Bancroft Center and St. John’s Presbyterian Church.

“Which dental hygiene can commission a house in Berkeley in this era?” Nishimura withdrew, adding later, “is a very rare property. There is a bunch of [midcentury] House in the area but this is one of the most unique. “

And it was a lure for many people.

Patio contains space for fresco dining. Photo of open houses
One of the two bedrooms. Photo of open houses
The last owner’s last passage led to sale. Photo of open houses

The buyer’s pool went widely, from “young professionals who fell in love with [midcentury] Architecture ”for architects and designers of all ages.

The winning bidder, who offered $ 1.6 million, had a personal connection to Ostwald’s work.

“The buyer fell in love with the architect by visiting the home of a friend created by the same architect, so when this became available they really wanted [it]”Nishimura said.

Berkeley Hills’s location was not damaged either, with neighbors such as Robert Reich, journalist Michael Pollan and director Michael Lewis adding a touch of star power to the community.

All this said, and as far as the wider market is concerned, the subscription sees a resurrection.

“The luxury market in San Francisco is turning strong. And the highest neighborhoods in the native bay are going very well, “she said.” There is such a inventory thing and this is such a desirable place to live that competition remains fierce for the best homes. ”

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Image Source : nypost.com

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