This Tech Financier’s $22 Million Estate Is One of the Oldest Homes in San Francisco
During the California Gold Rush, San Francisco was almost wiped out by a magnitude 7.9 earthquake. Now, one of the oldest surviving homes that withstood the 1906 natural disaster and subsequent fires is up for grabs.
Originally built in 1849 by Captain R.C. Ruskin, the 175-year-old mansion in Russian Hill has hit the market for $22 million. According to the listing, which is being represented by Stacey Caen and Joseph Lucier of Sotheby’s International Realty, the Victorian estate is one of only four remaining legacy properties in the neighborhood and was formerly the longtime residence of late tech financier Sanford Roberston. The Silicon Valley legend famously founded the investment bank Robertson, Stephens & Company which was later acquired by Bank of America. He also co-founded the private equity firm Francisco Partners.
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As you’d expect of the spread thought to be among the enclave’s oldest surviving homes, the digs represent a mash-up of old and new. Robertson’s son, Brett, told The Wall Street Journal that his parents commissioned interior designer Paul Wiseman and architect Sandy Walker to remodel the 8,440-square-foot abode, which included expanding the outdoor lap pool and installing a new library. In addition, there’s a temperature-controlled wine cellar and two elevators, one of which accesses the lower level, first floor, and primary suite. The other is built into the hillside and transports you between the two-car garage and the main living area.
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Altogether, the palatial pad comprises five bedrooms, five full bathrooms, and, most notably, tons of space for alfresco entertaining. The living room is complete with a fireplace and walkout terrace that overlooks Alcatraz. Nearby, the formal dining room has access to a separate garden terrace while the kitchen is decked out with an indoor-outdoor breakfast area. Upstairs, the views are just as epic from the primary suite, stretching from the San Francisco Bay to the Hyde Street Pier and Coit Tower. Here, you’ll also find an office, a gas fireplace, two dressing rooms, and an ensuite bath.
Recently, the Bay Area was yet again named among the most expensive ZIP codes in the country as deep-pocketed buyers continue to snap up iconic trophy properties. “What’s moving in the market right now? Certainly well-priced homes, but also those one-of-a-kind, once-in-a-generation homes,” Lucier told the WSJ. “Those activate the buyer pool.”
Click here to see more photos of 825 Francisco Street.
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