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San Francisco art collectors sell Presidio Terrace mansion for $14M

Deal for 114-year-old estate on gated cul-de-sac took less than a month

SF Art Collectors Sell Presidio Terrace Mansion for $14M
Alfred Giuffrida and Pamela Joyner with 18 Presidio Terrace (Getty, Google Maps)

Two world-renowned art collectors in San Francisco have sold a 9,600-square-foot mansion in Presidio Terrace for $14.3 million.

It took Pamela Joyner and Alfred Giuffrida 25 days to sell their 114-year-old estate at 18 Presidio Terrace, a privately gated street, Mansion Global reported. The buyer was undisclosed. 

The couple bought the seven-bedroom, six-bathroom mansion in 2006 for a tad above $5.4 million. They listed it on Sept. 11 for $14.95 million, 4 percent above its sale price.

The white three-story mansion, built in 1909 on the city’s “most exclusive cul-de-sac,” combines a “chic contemporary aesthetic with classical style,” according to the listing

Art-friendly details include “stately columns, ornamental leaded glass, inlaid marble floors, richly hued hardwoods, ornate ironwork, thoughtful built-ins and numerous fireplaces.”

It has a library with built-in bookshelves, a formal living room with French windows and doors, a light-filled dining room, and a gourmet kitchen with walk-in pantries. 

Highlights include a gym, elevator, temperature-controlled wine room, sky-lit office and a master bedroom with three walk-in closets with a balcony overlooking the gardens.

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The backyard includes a large lawn, plus a koi pond. 

Broker Neill Bassi of Sotheby’s International Realty held the listing. The unidentified buyer was represented by brokers David Cohen and Ron Abta of City Real Estate.

The city’s housing market lost $37.3 billion in value last year, more than any other major U.S. metropolitan area, according to Redfin. 

In August, the median sale price for a home in the Bay Area rose 5 percent year-over-year, the first increase in 12 months, with prices down up to 19 percent early this year, Mansion Global reported

Joyner, a trustee at  the J. Paul Getty Trust and other art institutions, and Giuffrida, managing director of a San Francisco-based hedge fund, are among the world’s top 200 art collectors, according to Barron’s, with a focus on works by Black artists.

— Dana Bartholomew

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