These San Francisco streets are tiny, but they have the most expensive real estate
Presidio Terrace is at the top of a recent list ranking the San Francisco streets with the most expensive real estate.
Homes.com found the average home value on the street in the city’s north end is $7.968 million, while to the south, the average on Oriole Way in Forest Hill is $5.615 million. (See the full list in the gallery above.)
The streets included in the top five are unique in that they’re all small — some a block long — with only a handful to a couple dozen homes, all worth millions. They lack condos and small bungalows in the $1 million range to bring down the medians.
It’s no surprise Presidio Terrace leads them all. Three dozen homes front the elliptical cul-de-sac. It sits behind a gate in a city where gates are rare, and each home is worth millions of dollars.
A Beaux Arts mansion at 34 Presidio Terrace famously sold in 2013 for $9.5 million. The grand home was once the residence of San Francisco’s 36th mayor, Joseph Alioto. Zillow estimates the 8,000-square-foot property is currently worth $12 million.
More recently, a three-story brown shingle at 10 Presidio Terrace sold for $9.9 million in April 2019, a seven-bedroom manse at 15 Presidio Terrace sold for $7.65 million in 2018, and another seven-bedroom went for $5.75 million in 2017.
Homes.com developed its list of the most expensive streets by pulling data using estimated sale prices based on a number of factors, such as recent sales of nearby property.
There are many other streets in San Francisco with multimillion-dollar homes, especially those that run through the city’s tonier neighborhoods of Pacific Heights, Presidio Heights and Russian Hill. But these streets don’t make the final cut, as they’re long and traverse into less-expensive areas with condos pushing down median prices.
Take Broadway and the section west of Divisadero known as the Gold Coast. This stretch of road is known for its well-monied residents, such as Oracle’s Larry Ellison, and philanthropists Ann and Gordon Getty. The most expensive home sale in SF’s history was 2172 Broadway selling for $38 million in 2018.