Luxury Properties in the San Francisco Bay Area
Home to nine counties and more than 7 million people, the San Francisco Bay Area is also historic, incredibly diverse, and is well-known for its natural beauty, strong economy, and culture of innovation.
With all these attributes, it is not surprising that many of the country’s and the world’s most affluent people make their home or invest in San Francisco. Luxury properties are scattered throughout the region’s nine counties, and are always on top of luxury homebuyers’ preferences.
Three cities in the East Bay area – San Francisco, Oakland and Pleasant Hill – clearly demonstrate the diversity that the region is known for.
San Francisco Luxury Homes
In a city where the median home value (as of 2015) is a little over $1 million, luxury properties in San Francisco are undeniably among the priciest in the world.
Most of these properties are redevelopments of the Victorian and Edwardian-style homes that have become the city’s trademark. Built from 1849 to 1915, these homes were originally part of large estates, which consisted of expansive mansions and smaller houses that were built for the estates’ workers.
Today, many of these original Victorian and Edwardian homes have been converted into single-family homes, condos and townhomes that command high prices on the market. Well-maintained and updated through the decades, these timeless homes mix the opulence of another erawith the comforts of modern technology and design.
In addition to these late 19th and early 20th century residences, many other luxury properties in San Francisco are condos built from historical buildings that served as warehouses during the city’s industrial era. Good examples are the condos and reconstructed lofts in Dog patch.
Spacious contemporary-style homes built from the 1920s onwards are also found in neighborhoods like Presidio Heights and Pacific Heights, two of the city’s wealthiest communities.
San Francisco also has many modern neighborhoods, and one of the most notable is South Beach. With a long history as an industrial site and with most of its original Victorian homes destroyed in the 1906 Earthquake and Fire, South Beach’s real estate market is made up mostly of luxury high-rise condos built in the last two decades.
Oakland Luxury Homes
A historic city, Oakland is home to some of the Bay Area’s charming Victorian and Edwardian houses built in the late 1800s to the early 1900s. But the city’s economic progress through the decades has given rise to newer housing developments.
Today, Oakland’s real estate scene is a lively mix of architectural types with wide price ranges.
Oakland’s luxury properties range from modern single-family homes to high-rise condos.
Many of the most coveted luxury homes are situated on Oakland Hills, offering great mountainside views. Surrounded by lush eucalyptus and pine trees and well-tended gardens on expansive lots, these homes offer a tranquil, mountain-resort lifestyle while being conveniently close to the business and entertainment centers of the Bay Area.
In neighborhoods like Jack London District, Rockridge and downtown Oakland, luxury condos and townhouses have been thriving, offering top-of-the-line features and the urban amenities of bustling Oakland business districts.
Pleasant Hill Luxury Homes
Developed in the late 1940’s to provide housing for the growing post-WWII population, Pleasant Hill offers communities ideally designed for family living. While many of the properties in the area remain largely affordable, a good number fall under the luxury category, particularly as home values in the city have been fast climbing.
Pleasant Hill luxury homes are sprawling single-family residences sitting on thousands of square feet or a few acres of premium lots. Built in the 1950’s ranch-style as well as Craftsman bungalow styles, these homes mostly feature three to four bedrooms, 2-car garages, patios and sprawling lawns.
Pleasant Hill properties have also been generally constructed to let in plenty of sunlight and views of the greenery outside. Luxury homes on the market have been well maintained and updated to include such modern amenities as a chef’s kitchen, walk-in closets, modern bathrooms and energy-efficient windows.