Julia Roberts spends $8.3M on a century-old San Francisco Victorian house | Sunday Observer

Julia Roberts spends $8.3M on a century-old San Francisco Victorian house

20 September, 2020

Oscar-winning actress Julia Roberts has bought a century-old Victorian Revival-style house in the Presidio Heights neighborhood of San Francisco for $8.3 million, property records show.

The five-floor house, designed in 1907-’08 by Sylvain Schnaittacher (1874-1926), has approximately 6,245 square feet of living space, including five bedrooms and four-and-a-half baths. It features a partial slate roof, a north-facing garden, a two-car garage and a 1,000-bottle wine room, according to the listing with Sotheby’s International Realty. The brokerage listed the property for $10.25 million in May 2019, and later dropped the price to $9.65 million in September, listing records show.

The final sale price represented a 19 per cent discount from the original ask. Ms. Roberts, 52, closed the deal via a trust, according to the deed filed in January. She previously used the same trust to make real estate transactions across the country, including a Hawaii beachfront home selling for $16.2 million in 2016.

Ms. Roberts, whose first blockbuster was Pretty Woman in 1990, has been nominated for four Academy Awards and won Best Actress Award for her performance in Erin Brockovich (2000). Her reps did not immediately respond to a request for comment.

The seller was Brodie Cobb, a competitive cyclist and founder of the financial services firm The Presidio Group. He purchased the home for $1.88 million in 1997, property records show.

Cobb didn’t immediately respond to an email seeking comment, while listing agent Caroline Kahn Werboff of Sotheby’s declined to comment.

Remodeled by interior designer John Wheatman, the house’s main level has a large entry foyer with leaded windows, a living room, a formal dining room and a family room featuring fireplaces and coffered ceilings, a gourmet kitchen with a breakfast room and a wet bar.

There are four bedrooms and two baths on the second floor. Occupying the third floor is the master bedroom suite, which has a balcony and skylight with views of the Golden Gate Bridge and San Francisco Bay, according to the listing.

The lower two levels include a screening room, a mud room with wall-to-wall closets, a laundry room, a two-car garage, a 1,000-bottle wine room and a built-in dog bath. There is also a rear patio and garden, according to the listing.

The Los Angeles Times first reported the deal. Jennifer Lopez adds eco-friendly Los Angeles home to her property portfolio.

 

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