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September 14, 2009

719 Carolina and the Red Kitchen Return


719 Carolina in Potrero Hill is back on the scene, after a month’s break. First listed in early June for $2,250,000, the “substantially rebuilt” 3BR/3.5BA, 3400-square foot home sat on the market for 60 days before the sellers withdrew it.

Carolina’s back, red kitchen intact…and still listed at $2,250,000. Perhaps the sellers are counting on what are perceived to be improved market conditions since the summer? No 3BR homes in Potrero have sold for more than $1,435,000 in 2009, so Carolina may continue to be a tough sell—particularly amidst a ton of new inventory expected over the next several weeks.

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