The number of Cow Hollow homes flipped in 2015 has increased because of the high demand from luxury buyers. Cow Hollow is one of the most sought after neighborhood for the young and affluent. It is known to have the best nightlife in the city with all of the trendy restaurants and bars on Union Street. Cow Hollow has plenty of public parks and outdoor activities to enjoy for both single people and families. It is bordered by the trendy Marina neighborhood and the prestigious Pacific Heights neighborhood. Many people buy in Cow hollow because the homes are not as expensive as in Pacific Heights but they offer great views and you can easily walk to shops, restaurants and bars.
Flipping a home can raise a lot of controversy with the neighbors. The biggest concern is that the modern homes can take away the architectural style and charm of a neighborhood. If you look at the result of the before and after pictures you will see the newer homes look much nicer than the previous home. The renovated homes increase the value of the homes around them so people should welcome the change. It is known as the principle of progression in real estate. Many of the homes that were flipped maintained the exterior facade to blend in with the style of the neighborhood. In this neighborhood most buyers prefer a more traditional home such as a Victorian or Mediterranean style exterior. On the interior most buyers prefer traditional high-end finishes with an open floor plan and indoor/outdoor living. The most premium feature is a roof deck with an outdoor kitchen and iconic San Francisco views!
Here are the before and after Cow Hollow Homes Flipped in 2015. Let us know what your favorite one is?
1. 1670 Greenwich Street
This house was sold in 2013 for $2,250,000 as a vacant two unit building totaling 2,961 sq./ft. It was expanded to a 4,900 sq./ft single family house with 5 bedroom, 5.5 bathrooms. It sold 6 days after being on the market for $7,500,000. It was designed with an open floor plan that combined the indoor and outdoor living space. The herringbone oak floors and marble counters kept a simple and classic look ideal for the neighborhood. The best feature was the roof deck with an outdoor kitchen and views of the Golden Gate.
2. 1865 Greenwich Street
This house was a 837 sq./ft single family house with two bedrooms and 1 bathroom. It sold in 2011 for $850,000. The house was recently expanded into a 4 bedroom, 4.5 bathroom luxury home. It is currently pending after 2 days of being on the market with the list price of $5,200,000. It had an open floor plan with modern finishes and rooftop patio with Golden Gate Bridge views.
3. 1864 Greenwich Street
This house was originally a 1510 sq./ft single family house with 2 bedrooms and 1 bathroom. It sold in 2012 for $1,510,000. It was completely remodeled into a 5 bedroom, 5.5 bathroom modern view home. It had 6 outdoor terraces, an open floor plan and multiple rooms for entertaining. It originally came on the market for $7,495,000 and was reduced to $6,995,000. It will come back on the market this fall. Stay tuned!
4. 2764 Greenwich Street
This house was a 1,595 sq./ft single family home with 2 bedrooms and 2.5 bathrooms. It was bought in 2009 for $1.5 million and back on the market Dec. 2013 for $2.3 million with approved plans. The house never sold and was transformed into a 4,233 sq./ft. home with 5 bedrooms, 4.5 bathrooms and multiple decks for outdoor entertaining. It is currently on the market with a list price of $8,495,000 and has been on the market for 52 days.
If you are interested in buying a home in Cow Hollow or remodeling your home before you sell, give me a call. My passion is turning a home from ordinary into extraordinary!