San Francisco · May 2024
45 Walnut St
San Francisco, CA 94118 · Presidio Heights
Buyer Representation · Sold 13% Over Asking
Closed Sale Price
$4,800,000
May 23, 2024
Presidio Heights · San Francisco
Buyer Representation
Asked $4,250,000. Closed at $4,800,000 — 13% over asking. In a neighborhood where a single house trades per year, our buyers moved decisively and won.
In Presidio Heights, the math is simple: exceptional homes are exceptionally rare. On a quiet, tree-lined block of Walnut Street — within easy walking distance of Sacramento Street's boutiques and Laurel Village — 45 Walnut presents the kind of family-ready residence that is built in 1916 and holds its relevance a century later.
The home spans 3,402 square feet of thoughtfully proportioned living space across three levels. The main level opens through a generous foyer into formal living and dining rooms, a breakfast nook, powder room, and an office just off the kitchen — a layout designed for the rhythm of family life rather than the requirements of a single evening's entertaining. Three bedrooms and two full baths occupy the second floor, including one with an extended study that captures views of the Golden Gate Bridge — a detail that never grows old.
The opportunity downstairs: The ground level includes a two-car garage with ample storage and the footprint for a future ADU — a meaningful value lever in San Francisco's increasingly ADU-friendly regulatory environment. For buyers thinking generationally, this is exactly the kind of optionality Presidio Heights rarely offers.
Our team represented the buyers — navigating a competitive process to close at $4,800,000, 13% above the $4,250,000 asking price. The probate sale (not subject to court confirmation) was listed by Blair Heath of Sotheby's International Realty. Decisive representation in a neighborhood where hesitation is the only losing strategy.
Location
Market Snapshot · 2024
Presidio Heights Supply
~1/year
In the four-block radius that defines prime Presidio Heights, a single family home of this scale and quality surfaces approximately once per year — creating the conditions for strong over-asking results.
Over-Asking Premium
13%
Closing at $4.8M on a $4.25M ask reflects the depth of buyer competition for well-located Presidio Heights single-family homes in spring 2024 — even as broader SF remained measured.
SF Luxury Spring 2024
Recovering
Luxury market activity in San Francisco picked up meaningfully in spring 2024, with the percentage of homes selling over asking rising significantly versus the prior year.
ADU Potential
Valuable
San Francisco's expanded ADU legislation made ground-floor expansion potential at 45 Walnut a genuine financial asset — adding optionality that buyers at this level value highly.
A probate sale on a premier Presidio Heights block, closed 13% over asking through decisive buyer representation. At $1,411/sq ft for 3,402 square feet of family-ready living space with GG Bridge views and ADU potential, this result captures exactly what the spring 2024 luxury recovery looked like when well-located inventory appeared: competitive, swift, and rewarding for buyers who moved with conviction.
San FranciscoPresidio HeightsJust SoldBuyer RepresentationOver AskingLuxury2024 Market
