Ken Fulk Sells Clarendon Heights Home for $10 Million
The San Francisco designer sold his property for $2 million above the original asking price.
Updated on Oct. 30, 2026 in Residential
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Designers Ken Fulk and Kurt Wootton have sold their Clarendon Heights residence for nearly $10 million. The sale closed less than two weeks after the property hit the market.
Why it matters
The high-profile sale underscores a significant appreciation in the value of the home, which the owners decided to vacate to move into the heart of San Francisco. The transaction represents a substantial 26.5 percent increase over the initial $7.9 million listing price.
The 3,200-square-foot home at 176 Palo Alto Avenue sold for $10 million, resulting in a gross gain of approximately $8.1 million since its $1.9 million purchase in 2010. This sale achieved a price per square foot of roughly $3,120.
The players
Ken Fulk
He is a prominent San Francisco-based interior designer known for his work on high-end residential and commercial projects.
Kurt Wootton
He is the partner of Ken Fulk and was a co-owner of the Clarendon Heights property.
Neil Bassi
He is a real estate agent with Sotheby's International Realty who represented the sellers in this transaction.
The details
The property features three bedrooms and four bathrooms. The sale, facilitated by Neil Bassi of Sotheby's International Realty, highlights a rapid market turnover for the luxury residence.
Timeline
September 2010: The home originally came to market asking $2.3 million.
December 2010: Fulk and Wootton purchased the home for $1.9 million.
March 2026: The owners listed their separate Napa Valley ranch for sale.
August 2026: Fulk sold the Magic Factory property for $6 million.
October 28, 2026: The Clarendon Heights house sale officially closed.
Culture Shift
This sale reflects the continued premium placed on architecturally significant homes within San Francisco as owners pivot toward urban living. The transaction aligns with a broader shift in high-end real estate where unique, high-design properties command prices well above initial expectations.
The high closing price serves as a benchmark for property values in the Clarendon Heights neighborhood. Potential buyers may find that competitive bidding in this area is currently pushing final sale prices well beyond initial list prices.
The takeaway
This transaction highlights how high-demand San Francisco real estate can generate significant capital gains for long-term owners. Homeowners should note that timing a sale in a hot market can result in outcomes substantially higher than initial listing valuations.
Further reading
For more market analysis, visit the San Francisco Residential section.
Source note: This article includes information reported by The Real Deal New York.
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