SF New Developments

OVERVIEW:

Mission Dolores, one of San Francisco’s most vibrant and sought after destinations will soon have new neighbors. The construction of Chelsea Park — a highly anticipated 39 unit condo complex — is getting closer to completion with first occupancy scheduled for Late Fall 2008.

The project is situated on Oakwood, a tree-lined street nestled between 18th and 19th, and Dolores and Guerrero. Foodies and Hipsters alike enjoy the neighborhood’s many amenities including sunny Dolores Park, acclaimed eateries, Tartine Bakery, Delfina Restaurant, Bi-Rite Market and Mission Dolores, with its iconic landmark basilica.

Architect Mark Bucciarelli of Baukunst designed the four-building complex surrounding an English Garden style “Mews”. A mix of 1, 2 and 3-bedroom floorplans are being offered at pricepoints ranging from the high $600′s-$1,249,000. Leased, stacked parking will be made available to all home owners for $100/mo. HOA dues will range from $357-450. Traditional style finishes inside the homes include natural stone and marble, Bosch Appliances, Kohler and Hans Grohe fixtures and 36′ Bertazoni Ranges. Green and Energy Efficient features include Sustainably harvested hardwood Floors, M8 Cabinets and MDF Doors and Moldings.

SALES UPDATE:

With Reservations first being accepted in Nov 2007, buyers are now going directly to contract. The Breakdown of the four buildings is as follows:

Bloomsbury

- First released phase of the project located on the North side of Courtyard facing Oakwood.

- Parking occupies the 1st level with 8 flats situated on the 2nd and 3rd floor.

- Of the 8 homes, 7 are currently in contract with Unit #16 still available.

- Unit 16 offered at $1,158,000, Bi-Level 3Bed/2.5Bath, Corner Unit approx 1585 Sq.Ft with a private patio off the Master Bedroom.

Kennisgton

- Located on South Side of Courtyard facing 19th Street

- 19 flats in total, 15 Market Rate and 4 BMR.

- 6 homes are currently in contract with 9 remaining

- 4 1BD/1BA remaining, approx 850 Sq.Ft ranging from $679-699

- 2 2BD/2BA remaining, approx 900 Sq.ft, ranging from $769-779 some with Downtown Views

- 3 3BD/3 BA remaining approx 1600 Sq.Ft with outdoor space starting at $1,149,000

Mayfair and Knightsbridge

- 11 2 Story Townhomes East and West Facing, 1 is currently in contract

- 2 Bed+Den/2.5Bath Floorplans ranging from 1382-1500 Sq.Ft.

- Knightsbridge has an Open “Loft” Mezzanine level

- Prices range from $1,169,000-1,289,000

- ReRelease of Mayfair Building happening in a few weeks.