A single-family home located at 2824 Scott Street in the Cow Hollow neighborhood of San Francisco has been sold for $16,375,000. The property spans 7,410 square feet and has a price-per-square-foot value of $2,210. This vacant home had been listed on the market for nearly a year at $19 million before it was sold to the buyer, Jason Reska, acting as trustee of The Scott Street Trust. The home underwent a complete rebuild, signaling a rebound in San Francisco's luxury real estate market.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $16,375,000
• Square Footage: 7,410
• Price Per Square Foot: $2,210
• Address: 2824 Scott Street, San Francisco
• Market: San Francisco

In this transaction, Jason Reska acted as the buyer and trustee of The Scott Street Trust. The deal was facilitated by brokers Lori Docherty and Neal Ward from Compass. This sale showcases the resilience and recovery of the luxury real estate market in San Francisco.