Tech CEO still high on Pac Heights resi

Veteran tech CEO Quentin Gallivan recently listed the Pacific Heights home he has owned for nearly 20 years, asking $14.25 million for the six-bedroom, 4.5-bath.

The price comes to $2,220 a square foot and is nearly double what Gallivan and his wife paid for the property at 2624 Green Street in 2002, when he was the executive vice president of VeriSign.

When they first tried selling the property four years ago, Gallivan was about a year into his role as CEO for Blue Jeans, the video conferencing company that was purchased by Verizon for somewhere between $400 and $500 million in the spring of 2020. (He left the company in May 2021, according to his LinkedIn page.) The family had purchased a new house a block away that is “an even grander and more expensive version” of their old home, said listing agent Nina Hatvany.

They had a lot of interest in 2018, when the home was listed for $13.5 million, Hatvany said via email. But a neighbor had recently filed for permits to completely reconstruct their home, and buyers were deterred by the thought of years of construction noise. After six months on the market, the Gallivans removed the listing and rented the property out to two families over the next four years instead.

With the neighboring construction complete, they were ready to put the home back on the market this summer, even though it is typically a slower time for high-end real estate because many buyers are out of town.

“Everyone is traveling but people are passing through town, in and out,” Hatvany said. “Buyers and agents know that these kinds of homes, that have everything you could want (grand spaces, endless bedrooms, stunning views, outdoor space) and are in move-in condition, are hard to find, so they are making it a priority to see this house.”

Hatvany and her husband owned the home in the late 1990s and lived there for about five years with their three children. Hatvany is responsible for the brick 1908 property’s new foundation, among other seismic upgrades, as well as the expanded kitchen and primary suite, which now takes “more advantage of the fabulous full-on views of the Golden Gate Bridge,” she said.

Since she sold the home more than 20 years ago, the kitchen has been updated again and the garage-level rooms that lead out to the deck and basketball court have been improved as well.

She said her children, who are now grown and work as a part of her real-estate team, have enjoyed revisiting their old home and seeing it “made modern and current.”

The updates, views, location and family-friendly floor plan make her “optimistic” that the home will sell this time around, even with a softening market. The vast majority of the city’s $10-million-plus deals this year have been in Pacific Heights, including the May $17.6-million sale of an over 8,200-square-foot home on Pacific Avenue that currently holds the top spot.

“It is difficult to price high-end properties right now,” Hatvany said. “But we have been seeing sales all year and are continuing to see sales of really premier properties, with views and good floor plans, and this is one of them.”

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