550 4th Avenue, San Francisco
550 4th Ave
San Francisco, CA 94118 · Inner Richmond
Inner Richmond · San Francisco
6 Days on Market
Asked $2,995,000. Received $4,500,000. A 1907 Inner Richmond Edwardian — fully detached on a wide lot, parquet floors, two fireplaces, grand formal rooms, updated kitchen with rear deck and garden — closed in six days at fifty percent over the asking price. San Francisco at its most competitive.
It is not unusual for San Francisco homes to sell over asking. What happened at 550 4th Avenue in the Inner Richmond in July 2026 is, by any measure, unusual: a six-day close at $4,500,000 on a $2,995,000 asking price, representing a $1,505,000 premium — fifty percent above list. It joins a very short list of over-asking results that define what San Francisco's residential market can produce when the right property meets the right moment.
The property is a 1907 fully detached single-family home of 2,882 square feet on a wide lot in the Inner Richmond — a neighborhood where fully detached homes of this scale simply do not appear often. The Edwardian craftsmanship is the building's defining quality: a gracious entry foyer that sets the architectural register; a formal living room with fireplace and parquet floors; a spacious formal dining room with built-in cabinetry and its own fireplace — the scale of entertaining rooms that the early twentieth century built and that no contemporary construction can replicate.
The scale and flow of these rooms create the ideal setting for both everyday living and the kind of hosting that a San Francisco home of this size makes possible. The dining room connects seamlessly to a rear deck and landscaped garden — a genuine outdoor space that, in the Inner Richmond, is an extraordinary asset. The kitchen has been thoughtfully updated with high-end appliances and the practical upgrades that make a historic home function with contemporary ease. Three well-proportioned bedrooms and updated bathrooms occupy the upper levels.
Closed at $4,500,000 — $1,561 per square foot — in six days. The result that fifty years of SF real estate observation would classify as exceptional.