Newly built California waterfront home lists for $32 million within months
A newly constructed $32 million waterfront mansion in Belvedere, California, has been listed for sale less than a year after its completion. The property features rare direct water access and panoramic views of the San Francisco skyline and Golden Gate Bridge.
Why it matters
The listing highlights the extreme luxury real estate market trends in the San Francisco Bay Area and the high turnover of ultra-high-net-worth properties.
Less than a year after completion, the newly built mansion at 46 Cliff Road in Belvedere hit the market. The waterfront mansion is asking $32 million, the San Francisco Business Times reported. The three-storey home sprawls across 5,000 square feet with four bedrooms, five bathrooms, and what may be its most prized perk: direct access from street to water, which is rare on Belvedere Island. The current owners, who acquired the property this year, are putting it back on the market as they are building a larger residence elsewhere.What the buyer getsIt is one of the very few places in the world where land, water, and land conspire to create something magnificent. Most homes on the island either face the water or back onto the street. This one does both.
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