Maureen Terris, the listing agent, said the buyer—represented by Ronda Priestner—kept the deal confidential, a choice that echoes the property’s exclusivity.
The 4,490‑sq‑ft, 112‑year‑old home sits on a 9,233‑sq‑ft lot that borders Presidio National Park—a rarity in San Francisco’s dense cityscape.
Inside, the house preserves original redwood trim, a coffered dining‑room ceiling, and a butler’s pantry that echoes the First Bay Tradition—an architectural gem.
Mike Simonsen, Compass chief economist, said the city’s wealth, fueled by AI tech, makes buyers willing to bid far above asking.
Bob and Joan McGrath, 90s, who founded McGrath RentCorp and owned the home for decades, now choose to move on.
The sale, 87.5% above asking, signals a shift toward premium pricing for historic homes in San Francisco, prompting comparables to re‑price.