San Francisco home listed for $8m sells for $15m after nine competing offers

The house at 2 Sixth Avenue in San Francisco went on the market on September 17 at $7.999 million. Three weeks later, something rare happened in the real estate market. The house sold for a whopping $15 million, which is 87.5% above the asking price, the New York Post reported.Built in 1914, the 4,490-square-foot home remained in the original owner’s possession for 70 years before being sold for the first time in 1984, according to The Independent.The buyer has not been publicly identified. The listing agent, Maureen Terris of Compass, described the property as a ‘once-in-a-generation listing’. Ronda Priestner, also of Compass, represented the buyer.A house at the edge of the PresidioThe house sits on a 9,233-square-foot lot that borders Presidio National Park. The listing describes the property as a “rare convergence of architecture, landscape, and place – a private retreat”.