A Russian Hill mansion tied to one of San Francisco’s most prominent retail dynasties is hitting the market.
The home at 888 Francisco Street, long owned by developer Robert “Bob” Fisher, has been listed by his children for nearly $17.3 million following his death in October at age 94, the San Francisco Business Times reported.
Fisher was the younger brother of Gap founder Donald Fisher. Through his firm, Fisher Development, Bob Fisher built more than 1,000 homes across Northern California, and in 1974, his brother Donald asked him to help build Gap stores across North America and Europe. His work with Gap helped make Fisher Development one of the country’s top retail builders, earning Shopping Center World Magazine’s accolades as the largest retail contractor in the U.S. for several years in the late 1990s, according to the Business Times.
The three-bedroom, roughly 6,000-square-foot home was built in 1998 with designs from architect Sandy Walker, known for high-end homes across San Francisco’s most exclusive enclaves. The property includes four full bathrooms, two half-baths, a wine cellar, a butler’s bar, a powder room, elevator and multiple entertaining spaces with views stretching from Alcatraz Island to the Marin Headlands.
The home was built from scratch after the previous house on the property was torn down. “The key is that it was a ground-up construction,” Sotheby’s listing agent Joe Lucier told the Business Times. “It was a design of its time that stood the test of time.”
The listing lands amid an active spring for San Francisco’s high-end housing market. Homes priced above $5 million are seeing renewed competition, driven in part by tech wealth and limited inventory, a symptom of the artificial intelligence boom that has led to a mansion shortage at the higher end of the market. Earlier this month, a Pacific Heights property traded for $56 million, marking the city’s priciest sale so far this year. Another eight-digit listing, a 7,470-square-foot modernist residence in Pacific Heights, went live last week for $22.5 million.
— Chris Malone Méndez
Read more
Residential
San Francisco
Famed Pac Heights mansion bought by foreign government with possible consulate plans
Residential
San Francisco
Modern Pac Heights manse nestled among Victorian homes hits market for $23M
Residential
San Francisco
SF’s high-end headache: “Egregious shortage of mansions”