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Exclusive | A San Francisco-area home with rare architectural pedigree has sold for $1.6M — 101% over its list price

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A Midcentury Masterpiece Sparks a Bidding Frenzy in Berkeley Hills

Introduction: A Surprising Sale

In a tale of unexpected fervor, a midcentury-modern home in Berkeley Hills, designed by the renowned architect John Hans Ostwald, captured the hearts of many, leading to a spirited bidding war. Listed at $795,000, the home sold for a staggering $1.6 million, more than double its asking price. This hexagonal gem, which spent a mere two weeks on the market, drew over 30 offers, 70 private showings, and 1,000 visitors, showcasing the intense demand for unique architectural treasures.

The Home’s Allure: Design and History

The Foley House, a 1,300-square-foot residence, boasts two bedrooms and two bathrooms, with panoramic views of the San Francisco Bay and the Golden Gate Bridge. Its hexagonal design, original features like exposed redwood rafters, and refinished oak floors, have been meticulously preserved since its construction in 1963. Commissioned by a dental hygienist, this home stands as a testament to midcentury design, blending seamlessly into its natural surroundings.

The Architect’s Legacy: John Hans Ostwald

John Hans Ostwald, a Berlin-born architect, left an indelible mark on the Bay Area with his Swiss-inspired functional aesthetic. Known for his collaborations with luminaries like Richard Neutra, Ostwald’s work includes local landmarks such as the Bancroft Center and St. John’s Presbyterian Church. His ability to merge homes with their environment made his designs highly sought after, as seen in the Foley House.

Buyer Interest and Competition

The home’s unique appeal attracted a diverse pool of buyers, from young professionals enamored with midcentury architecture to architects and designers. The winning bidder, who offered $1.6 million, had a personal connection to Ostwald’s work, having visited a friend’s home designed by him. This emotional connection, coupled with the home’s prime location, made it irresistible.

Market Trends: A Resurgent Luxury Market

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