The San Francisco Ballet is offloading a piece of its institutional history, listing a 15-bedroom Pacific Heights property for $6.5 million as the company consolidates its residential holdings.
The Edwardian-era building at 3016 Jackson St. has served as a cornerstone of the Ballet’s international recruitment efforts for decades. Originally built in 1909 as a triplex, the building was granted a rare conditional use permit in the late 1980s to operate as group housing, an entitlement almost nonexistent in the surrounding residential enclave.
The Ballet originally purchased the site to house visiting dancers as the company’s global profile expanded. More recently, the building has been leased as a dormitory for Westmont College, a Christian liberal arts college based in Santa Barbara County.
The San Francisco Ballet is offloading 3016 Jackson St., a historic 15-bedroom Edwardian property in Pacific Heights, for $6.5 million. (Steph Dewey/Reflex Imaging/Compass)
With the college no longer requiring the space and the Ballet securing a larger facility to accommodate its growing roster, the property was officially brought to market late last month.
“The Ballet outgrew the site as they bring in more dancers than the site can accommodate,” Scott Whelan, the Compass agent representing the seller, said in a statement.
The listing arrives during a complicated season for the Ballet. Under Artistic Director Tamara Rojo, the company has faced internal and external pressure over a scheduled engagement at the Kennedy Center in Washington, D.C., that it ultimately canceled.
Whelan added that in the competitive Pacific Heights market, the Jackson Street property is being viewed as a “unicorn” asset, as neighboring homes on the block routinely sell for more than $20 million.
This 12-bathroom structure maintains a 30-person occupancy limit and transient housing status.
The San Francisco Ballet is offloading 3016 Jackson St., a historic 15-bedroom Edwardian property in Pacific Heights, for $6.5 million. (Steph Dewey/Reflex Imaging/Compass)
“I doubt many people on the block know this property is not a residential dwelling,” Whelan said. “This property stands out because it offers a rare glimpse into a bygone housing model in one of San Francisco’s most prestigious neighborhoods. It’s something you simply don’t see come to the market often.”
Because of its zoning status and the lot’s 40-foot height limit, the site is expected to attract developers looking to utilize state housing laws to convert the dormitory into luxury condominiums.
The three-story building includes communal dining areas, a den and a backyard patio.
This article originally published at San Francisco Ballet lists historic 15-bedroom Pacific Heights ‘unicorn’ for $6.5 million.