Russian Hill Penthouse$14,000,000Record Sale

Gregg Lynn represented the seller in the marketing and sale of the Penthouse at 1080 Chestnut which sold for $14,000,000 – setting a new high watermark for the sale of an apartment on Russian Hill, per the San Francisco MLS. Gregg drew the attention of buyers through unique partnerships and exposure channels: the Penthouse hosted a collection of 30 significant works of art curated by Hackett Mill Gallery, including works by Manuel Neri and Robert Motherwell – which enabled buyers to envision the Penthouse walls as the venue for their prized works. Additionally, the Penthouse was the subject of the 2021 New Perspectives by Decorator’s Showcase which welcomed virtual tours from design enthusiasts around the world.

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"Architecture exists, like cinema, in the dimension of time and movement." —Jean Nouvel

 

Offered for the first time in 50 years, the 5,445± sq.ft. Penthouse at 1080 Chestnut is distinguished by soaring ceilings and grand entertaining rooms complemented by majestic, oversized windows commanding 360-degree views of nearly every San Francisco landmark.

 

The inspiring layout features elegantly proportioned entertaining rooms to showcase views spanning from the Golden Gate Bridge to Alcatraz, the Bay Bridge to the Financial Center. Positioned northernmost to offer truly sensational vistas, the corner living room and library with fireplaces are adjoined by a central wet bar and wine room. Eleven-foot glass panels slide open to the panoramic view terrace – one of six outdoor spaces of 915± sq.ft. surrounding the Penthouse.

 

A remarkable, 19-foot high glass oculus – one of eight skylights – commands the center-point of the entertaining areas. An adjacent eastern-facing loggia presents an outdoor living room set against sweeping views. The large, Golden Gate-facing kitchen includes a breakfast area banquette, pantry, ample counterspace, substantial storage and a laundry area. The grand corridor travels to private bedroom wings. The marvelous master is comprised of large bedroom with fireplace, generous light imbued from north & south view terraces, skylights, dual baths and dressing areas. On the opposite side of the penthouse, the guest wing reveals two en-suite bedrooms: one with a Bay view terrace and the other with a south-facing solarium. A fourth en-suite guest bedroom features eastern views.

 

Commandingly sited on one of Russian Hill’s most desirable flat blocks above the emerging, five-acre Francisco Park, 1080 Chestnut is a boutique co-operative building offering around-the-clock door-staff and a live-in co-op residential manager to deliver an exceptional, full-service living experience. Amenities include three-car parking as well as a keyed elevator to the penthouse, ensuring privacy and security. Designed for family gatherings, major event entertaining or intimate city living, the penthouse at 1080 Chestnut is an unparalleled offering.

 

Monthly HOA dues of $7,525 

 

For more details visit Russianhillpenthouse.com.