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December 14, 2011

Stagehouse Loft with Killer Deck Flies Off Shelf


The Stagehouse Lofts bank-owned unit with the amazing deck and two-car parking came on the market late last week at $895,000, and I had the opportunity to show it to clients. Featuring phenomenal living/dining/kitchen and adjoining outdoor areas with city views, the 2BR/2BA unit was made for entertaining.

Though its two bedrooms were tiny and didn’t really work for most buyers, there were apparently at least a couple sets of buyers willing to overlook that flaw.

The property was in contract with a back-up offer by the end of last weekend. So if you’re in the market for this sort of unit in SoMa, plan to act quickly—especially if it’s the holiday season. Of course, there are other, less expensive options. (The average SoMa loft sale from September to present is $620,056). But if you’re looking for exceptional entertainment/living space and two-car parking, you can expect to pay around $900,000.

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