San Francisco’s Highest Home Under Contract for $18 Million

San Francisco’s highest home — not to be confused with its priciest — has a buyer. 

The 7,500-square-foot home at 150 Glenbrook Avenue in Clarendon Heights is in contract for $18 million, the San Francisco Standard reported. The price amounts to $2,400 per square foot.

At 834 feet above sea level, the home holds the record for the most-elevated residence in the city. The four-story home was completed in 2018 and has been on and off the market for more than a year. 

It was designed and built for Tom Buttgenbach, founder of solar energy company Avantus. The buyer hasn’t been identified.

Buttgenbach sold the home in 2021 for $17.5 million, though the sale was rescinded two years later, and a private mediation gave the buyer, whose identity was hidden behind an LLC, a $21 million payout in exchange for the home going back to Buttgenbach. 

The energy magnate put the home back on the market in the spring of last year.

Buttgenbach bought the property for about $2.6 million in 2012. Architect John Maniscalco designed the home. 

It has six bedrooms, six full bathrooms and two half baths with several terraces overlooking the city. An entertainment floor includes a covered deck with a hot tub and fire pit. It has a guest suite, two laundry rooms, a family room with a wet bar and a 300-bottle wine cellar. 

San Francisco’s housing market is very competitive across all sectors, with demand outpacing supply and a median home price of about $1.3 million. 

Despite a national trend of price cuts, only 12 percent of listings in the area have seen reductions, and two-thirds of single-family homes sold above list price recently. The market is particularly buoyed by an influx of wealth from the AI sector, leading to a shortage of luxury properties.

— Chris Malone Méndez

Read more