Living in: Great waterfront cities
The City on the Bay sits on a peninsula with the Pacific Ocean on one side and San Francisco Bay on the other. The Golden Gate Bridge soars across the mouth of the bay, connecting the city to Marin County, while the Bay Bridge connects to Oakland in the east. From the sea lions sunning themselves on the pilings at Fisherman’s Wharf to swimmers and strollers taking advantages of the many parks and promenades, life in this city is centred on the water. The many hills have astonishing views of the blue bay, skyline, and on some days, the fog rolling in. “Home buyers in San Francisco are willing to pay top dollar to have a glimpse of stunning vistas in neighbourhoods perched high atop the city,” said Betty Taisch, the San Francisco Association of Realtors president elect.
The Marina District, close to the Presidio and Fisherman’s Wharf, has access to waterfront activities such as swimming and sailing and the Aquatic Park Historic District, as do nearby Russian Hill and Presidio Heights . Many properties in these neighbourhoods have classic Victorian architecture, with views of the bay and the Golden Gate Bridge. The median price for a single-family home in the Marina is $4.15 million, while the median price for a condo is around $1.16 million. A rental apartment in the Marina starts at around $4,500 a month. In Russian Hill, the median price for a house is $2.5 million and rents start around $3,000 a month. To the east, the new and up-and-coming neighbourhoods of Mission Bay and South Beach are vibrant and walkable. A condo in Mission Bay starts around $1.5 million and rents start $3,500. In the west of the city, Outer Sunset and Outer Richmond have great access to Ocean Beach, a wide sandy expanse on the Pacific Ocean. The average house price is $856,000 and rents start around $2,800.
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