Back in November of 2012, the former chairman of Pacific Stock Exchange, Doug Engman, listed the Queen Anne style mansion located at 2724 Pacific Avenue for $30 million. And just early this year, the 13,500 square foot property dropped its asking price, with an $8.25 million cut, down to $21.75 million.
After a couple of years in the market, the E.A. Hermann designed home is finally in someone else's possession. It was purchased for $23,889,000, as reported by Curbed San Francisco. Notwithstanding the price discount, the sale of the mansion still bagged the distinction of being San Francisco real estate market's biggest sale of the year, thus far.
It may have changed ownership, but the beauty and appeal of this Queen Anne mansion has remained the same over the years. You can check out the photos from the listing here.
The prime estate has seven bedrooms, with additional room for the staff, and same number of full bathroom (plus two powder rooms). It has 4 stories with a sweeping view of the San Francisco bay, the Alcatraz, East Bay hills, and the financial districts in downtown.
According to the listing, the luxury mansion is also built with a four-port car garage. It has a huge sun room with a beautiful koi pond. The amenities also include a chef's kitchen, outdoor entertainment deck, library, office, spa room and bath, a grand foyer, recreation and media room, and service and storage rooms.
The outdoor portion of the property also features multiple lawns, a formal sunken garden, and a carriage house that can also be used as a game room and gazebo, the Wall Street Journal notes.
The Queen Anne mansion has a long interesting history dating back to its construction in 1984. The mansion was built for Captain Hermann L.E. Meyer, a seafarer born in Germany, and his wife Annie, together with their eight children. In 1944, Paul Verdier and his sister, Countess Suzanne de Tessan, occupied the estate.
Suzzanne was a refugee from France which the Nazi usurped at that time. She moved to San Francisco and had since long then established herself and the Verdier family as highly-esteemed individuals in the French community of the city. They stature paved the way for the house to be regarded as French diplomats' host venue for years.
The house functioned as the Decorator's Showcase in 1984 before it was purchased by the Engmann family.
