San Francisco's most expensive listing gets $4.5-million cut from $45 million asking price

Five bedrooms for $40 million? What a steal.

A listing in San Francisco is on track to take the prize for the most expensive home sold in the Bay Area — even after the price was cut $4.5 million this week.

The 15,691-square foot compound “designed to enhance residents’ health and wellness,” according to the listing.

The 15,691-square foot compound “designed to enhance residents’ health and wellness,” according to the listing. (Troon Pacific)

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The luxury property was originally listed in October 2018 for a whopping $45 million, before being cut down to the more modest $40.5 million on Monday — though it’s still slated to be the city’s most expensive listing ever. The most expensive home sold in the San Francisco Bay Area was in 2018, in the Pacific Heights neighborhood, for $38 million.

The giant property, which spans a full city block and has 9,500-square feet of living space.

The giant property, which spans a full city block and has 9,500-square feet of living space. (Troon Pacific)

“This one-of-a-kind, 275-foot long site is profoundly integrated into its serene natural environment and the vibrant community that surrounds it,” the listing reads.

The main residence boasts equally enviable amenities with five bedrooms, 6.5 bathrooms, plus an art gallery, wine cellar and entertainment room.

The main residence boasts equally enviable amenities with five bedrooms, 6.5 bathrooms, plus an art gallery, wine cellar and entertainment room. (Troon Pacific)

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For the hefty price tag, buyers aren’t just getting a home — they’re getting a 15,691-square foot compound “designed to enhance residents’ health and wellness,” according to the official description.

The luxury property was originally listed in October 2018 for a whopping $45 million, before being cut down to the more modest $40.5 million on Monday.

The luxury property was originally listed in October 2018 for a whopping $45 million, before being cut down to the more modest $40.5 million on Monday. (Troon Pacific)

“Beautifully situated on the Riviera-like Eastern slope of Russian Hill, one of San Francisco’s most desirable residential neighborhoods, Residence 950 seamlessly integrates stunning sophisticated interior spaces into beautifully sunlit verdant gardens — with the dazzling panorama of the magical City-By-The-Bay as a spectacular backdrop,” the listing declares.

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The outdoor features include four-car garage, entrainment center, dining area and glass elevator to take you between floors.

The outdoor features include four-car garage, entrainment center, dining area and glass elevator to take you between floors. (Troon Pacific)

The giant property, which spans a full city block and boasts 9,500-square feet of living space, comes complete with a “spa-like guest cottage with a glass steam room, sauna, massage room, outdoor shower and a Diamond Spa hot tub overlooking the picturesque Capri-like slopes of world-famous Telegraph Hill.”

The main residence features equally enviable amenities with five bedrooms, 6.5 bathrooms, plus an art galley, wine cellar and entertainment room.

The property was originally purchased in 2012 for $4.5 million by developer Troon Pacific, which then developed the space into a mega-mansion.

The property was originally purchased in 2012 for $4.5 million by developer Troon Pacific, which then developed the space into a mega-mansion. (Troon Pacific)

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The outdoor perks include a four-car garage, entertainment center, dining area and glass elevator to take you between floors, as well as a sprawling lawn with flower gardens, 100-year-old olive trees and a 12,500-gallon rainwater harvesting cistern.

The 950 Lombard residence is being listed by real estate agents Joel Goodrich and The Altman Brothers, Josh and Matt.

The 950 Lombard residence is being listed by real estate agents Joel Goodrich and The Altman Brothers, Josh and Matt. (Troon Pacific)

If prospective buyers are concerned about their environmental footprint when purchasing such an over-the-top abode, the listing assures it is LEED platinum certified, ensuring the building is green.

The property was originally purchased in 2012 for $4.5 million by developer Troon Pacific, which then developed the space into the mega-mansion it is now selling for, SF Gate reports.

"Residence 950 seamlessly integrates stunning sophisticated interior spaces into beautifully sunlit verdant gardens — with the dazzling panorama of the magical City-By-The-Bay as a spectacular backdrop," the listing says.

"Residence 950 seamlessly integrates stunning sophisticated interior spaces into beautifully sunlit verdant gardens — with the dazzling panorama of the magical City-By-The-Bay as a spectacular backdrop," the listing says. (Troon Pacific)

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The 950 Lombard residence is being listed by real estate agents Joel Goodrich and The Altman Brothers, Josh and Matt.

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