Shipyard SF Offers Contemporary Luxury Homes Priced Below $1 Million.

Bay Area Buyers Can Stretch Their Dollar While Enjoying World-Class Water Views and the Best Weather in San Francisco

San Francisco is renowned for its stunning vistas, vibrant culture, and temperate climate. However, it is also infamous for its high cost of living, making home-buying a daunting task for many. As of September 2024, the median sale price for homes in the city reached approximately $1.4 million, reflecting a 5.3% increase from the previous year, according to Redfin. With limited inventory often leading to bidding wars, prospective homeowners may find themselves outbid or priced out of the market entirely. Fortunately, there is a burgeoning neighborhood that offers a viable alternative for those looking to purchase a new home in San Francisco for under $1 million.

Discovering Bayview-Hunters Point

Real estate professional Chris Lim from Christie’s International Real Estate highlights Bayview-Hunters Point as a prime location for buyers seeking affordability without sacrificing quality of life. This dynamic neighborhood is undergoing a transformation, featuring new construction housing, breathtaking water views of the bay, and some of the best weather in the city. The recently opened India Basin Waterfront Park adds to the area’s appeal, providing residents with access to outdoor activities and scenic beauty.

Lim notes that the neighborhood is attracting a diverse group of buyers, including medical professionals from nearby Mission Bay, airline industry workers from SFO, and biotech executives from South San Francisco. The Shipyard SF, a prominent development in the area, offers modern luxury and convenience at a fraction of the city’s median price.

Affordable Housing Options

For those looking to make Bayview-Hunters Point their home, the Shipyard SF presents several attractive options well below the median price point. Here are three notable listings:

1. What You Can Buy for $406,000: A studio with one bath, spanning 552 square feet, located at 52 Kirkwood Ave. #403. This single-level studio features a modern open floorplan, seamlessly integrating the living room, kitchen, and dining area. The owner’s suite serves as a tranquil retreat, complete with a spacious bedroom, walk-in closet, and direct access to a semi-en-suite bathroom. This compact yet stylish living space is ideal for individuals or couples.

2. $770,000: A two-bedroom, two-bath condominium at 52 Kirkwood Ave. #426, offering 1,109 square feet of living space. This beautifully designed residence strikes a perfect balance between comfort and style. It includes a spacious owner’s suite with a private en-suite bathroom, a second bedroom with its own bath, and an open living area that is flooded with natural light, making it a welcoming space for entertaining.

3. $849,800: A three-bedroom, two-bath corner home at 51 Innes Ct. #403, boasting 1,409 square feet and expansive views. As the last three-bedroom residence available at Monarch, it features an owner’s suite with a private full-sized bathroom, plus two additional bedrooms sharing a hallway bathroom. The open-concept living area includes a contemporary kitchen, dining space, and family room, making it perfect for families or those seeking extra space.

A Vibrant Community

The Shipyard SF is not just about affordable housing; it is also about lifestyle. Residents enjoy proximity to the newly opened India Basin Waterfront Park, which features 1.7 miles of waterfront trails, public piers, and a vibrant food pavilion. The community is home to the renowned Hunters Point Shipyard Artists, who have been celebrating creativity for over 40 years. Many homes in the area offer breathtaking views of the East Bay, the San Mateo Bridge, and the iconic San Francisco skyline.

In addition to its stunning natural surroundings, Bayview-Hunters Point boasts an array of amenities that promote a luxurious lifestyle. Parks, playgrounds, and art walks provide residents with ample opportunities to enjoy the outdoors and engage with the local arts scene. The neighborhood is rich in history and is home to thriving local businesses, making it a culturally vibrant place to live.

Accessibility and Convenience

One of the significant advantages of living in Bayview-Hunters Point is its accessibility. The neighborhood offers easy access to downtown San Francisco and Silicon Valley via public transit and major highways. For those who travel frequently, SFO International Airport is just a 13-minute drive away, making it convenient for both business and leisure travel.

Conclusion

For Bay Area buyers looking to stretch their dollar while enjoying world-class water views and some of the best weather in San Francisco, Bayview-Hunters Point presents an attractive option. With modern housing, a vibrant community, and a commitment to sustainability, this neighborhood is poised to become a sought-after destination for those seeking a balance of affordability and quality of life.

For more information on these homes and the community, please visit shipyardsf.com.