San Francisco Home Sold for $15 Million

The residence at 2 Sixth Ave commanded $7 million over its initial listing price.

Updated on Oct. 9, 2026 in Residential

Live Poll

Is housing affordability in your area getting better or worse for the average resident?

A historic home at 2 Sixth Ave in San Francisco sold for $15 million, significantly exceeding its $7.999 million asking price. The transaction closed on October 7, 2026, after the property attracted nine separate offers.

Why it matters

The sale highlights the intense demand for premium San Francisco real estate, as buyers continue to bid aggressively for properties with unique architectural character and desirable locations. This specific home, built in 1914, benefits from its proximity to the Presidio National Park.

The 4,490-square-foot home rests on a 9,233-square-foot lot and commanded a price of $3,340 per square foot. The final sale price represents an 87.5% premium over the original listing price.

The players

Compass

Compass is a real estate brokerage firm that tracks and reports on residential sales trends and market performance data.

The details

The property features original architectural elements from its 1914 construction and occupies an oversized lot bordering the Presidio National Park. The sale highlights a competitive environment where buyers are frequently paying significant premiums for rare, well-preserved homes.

The residence was originally constructed in 1914.
A total of 144 homes sold $1 million over asking during the first half of 2026.
The median San Francisco house price reached $1.855 million in August 2026.
The property was officially listed for sale in late September 2026.
The real estate transaction successfully closed on October 7, 2026.

Culture Shift

The sale follows the pattern of the 144 San Francisco homes sold $1 million over asking in the first half of 2026. This transaction underscores a broader shift where rare, architecturally significant properties drive high-intensity bidding wars despite fluctuations in market supply.

Potential buyers in the area should note the continued pressure of multiple-offer scenarios for well-positioned homes. Those looking to purchase should prepare for significant competition when properties bordering major landmarks or parks enter the market.

The takeaway

Historic properties near protected lands like the Presidio remain highly sought after by buyers willing to pay substantial premiums. Prospective homeowners should prioritize being 'offer-ready' given the speed and intensity of recent local market transactions.