Billionaire Peter Sperling, who is the Senior Vice President/Director of Apollo Group and a co-founder/chairman of CallWave, Inc., has heaved his San Francisco, CA mansion back onto the market. Located at 2845 Broadway, the Neoclassical style mansion boasts a French limestone exterior with 19th century Italian tiled roof. The main house boasts 17,000 square feet of living space and the guest house boasts 6,000 square feet of living space. A garden separates the two of them. The mansion first came onto the market back in 2006 with a hefty $65,000,000 asking price. It was last on the market a few months ago with an asking price of $47,000,000. It is now listed at $38,500,000. The home is 70% completed.

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  • Daniel

    While the exterior and location are undoubtedly superb, $40 million for a gutted interior? The interior is where you can make or break the bank! At least another $5-$10 million is needed for the top quality refinement and final finishings.




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  • Stewie

    How can it STILL not be completed. It must have been in that state for at least 5 years now.
    The home is beautiful, and in a great neighborhood.
    But the price is very high, especially considering you’re going to have to put in millions do actually make it habitable.
    15-20 mil would be an acceptable price imo




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    • Marcus

      I think they have not finnished the home by plan. They want the new owner to be able to finnish the interiors any way they want. I love the exterior with all the French Limestone. New York architect Charles Young did a great job on this house. The price seems to be inline with other nearby homes. 2701 Broadway lists for 28.5M, 2950 Broadway lists for 33.9M and 2901 Broadway lists for 45 Million. This is one prestigious neighborhood!

      Forbes has a video of the home with the brokers. Link below.

      http://video.forbes.com/fvn/lists/jal_richlist07_goldhome




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  • Grrrowler

    It’s a great house in an incredible location. I also think it’s a great opportunity for someone to get hold of the house before the interior is finished so that it can be made entirely their own. But, as the others have already said, a well-done interior is going to cost many millions to do the interior up right. It IS on a double lot, but the price is way too optimistic.




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  • Plain J.

    70% completed? $38,500,000?
    No wonder it’s not sold yet…..




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  • NOVA Ben

    Ok, the exterior is pretty impressive, and I DO like the thought that they left the home unfinished so that the eventual owner can finish it to their tastes. The gorilla in the room is that price tag. Given that this is San Francisco and even unfinished homes do not come cheap, I could see this selling for $10 million less, which gives you some wiggle room on finishing it up. The current asking price should be for a finished home.




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  • rob

    I love the neighborhood, but this house sure doesn’t stand out among all the other mansions. I think the big mansion one block west is for sale as well and that seems more impressive. Not that I would turn down this house. Does anyone know what the deal is with that big white gift wrapped thing one block west. Is that a mystery mansion waiting for some big unveiling? My favorite houses in San Francisco are still down in China beach on Sea Cliff Ave.




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    • Marcus

      That big mansion one block west is 2901 Broadway and it is listed for 45 Million.




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  • Phil

    2901 Broadway has been reduced to $34M and will not sell at that price. Both that house and the one above are on the wrong side of Broadway to command a heafty price. The idiot who built the above mansion is the son of the A-hole who founded the University of Phoenix (that fake college no serious business recognizes). Even at the current, heavily reduced price, this place is being offered at a loss.




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