Anything But A Steel

Renovated Pacific Heights, San Francisco residence with Danielle Steel as a neighbour for sale for sum 652% higher than it sold for in 1994

A buyer wishing to live just to the north of Danielle Steel’s architecturally striking ‘Spreckels Mansion’ home can now purchase 1994 Jackson Street in San Francisco’s Pacific Heights.

For sale with agent Malin Giddings, the 5,490 square foot, 4-storey detached house offered includes not only 4 reception rooms, 4 bedrooms and 6 bathrooms, but also a bar, wine room, exercise room, elevator and barbecue. It comes with a 2-car garage, two balconies and a garden and is curiously described as having a “re-scripted aesthetic” that “caters to the 21^st century family while incorporating the best finishes of yesterday and today”.

Built in 1940 and completely reconfigured by Ken Fulk – an “incredible… sprightly… design guru” with a client list ranging from Napster’s Sean Parker to Bebo’s Michael and Xochi Birch, according to Vanity Fair – £8.40 million ($10.75 million, €9.62 million or درهم39.50 million) is sought for the house.

Indicative of the sharp rise in prices in the neighbourhood since it became popular with the titans of Silicon Valley, 1994 Jackson Street sold for $6.25 million in 2008 (the equivalent of $7.10 million, £5.55 million, €6.35 million or درهم26.09 million today) and $1.43 million in 1994 (the equivalent of $2.36 million, £1.84 million, €2.11 million or درهم8.67 million today). Plainly, now, this is a house that’s anything but a steal.