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3940 - 3942 Clay Street, San Francisco, CA, 94118

5beds
5baths
5,000sqft
$7,998,000
$1,600price/sqft
$50,844/moest. monthly cost
$2,033,760/yrincome needed

About This Home

Exceptional Presidio Heights duplex rich in architectural history and made for gracious San Francisco living. Built in 1908 by noted Swedish-born architect, August Nordin, this special property has been cherished and fabulously maintained by its artist-owner. Soaring ceilings, hardwood floors, stained and beveled glass, original millwork, wood-burning fireplaces, a lush garden, spectacular rooftop deck, and two-car garage parking are just the beginning. The expansive owner's residence occupies the top two levels with wonderful scale and natural light. An elegant foyer opens to a grand dining room and lavish living room with fireplace and southern hill and city views. The airy eat-in kitchen features quartz counters, stone tile floors, stainless steel appliances, gas range, and a charming center garden patio. Two bright bedrooms overlooking the garden and a remodeled bath complete this level. Upstairs, the private primary suite includes hardwood floors, vaulted ceilings, a built-in window seat and full bath with jetted tub. An intimate second living livingroom area has west-facing outlooks toward the Pacific Ocean and peaceful Temple Emanu-El and opens to an extraordinary rooftop deck with expansive views. A spectacular setting for morning coffee, outdoor workouts, gardening, entertaining, and evening cocktails above the city. The lower residence echos the same footprint as above. A spacious living room and dining room, two bedrooms, a full bath, separate water closet, and a kitchen with outdoor access. An additional flexible lower-level live/work unit, workshop area, and two-car garage add exceptional versatility. The Presidio is practically at your doorstep, with Laurel Village, Sacramento Street and Clement Street nearby for shopping, dining and neighborhood favorites. Downtown, the beaches, Golden Gate Bridge and Marin are all within easy reach. Architectural pedigree, a spectacular rooftop deck, parking, ideal location, rental income, and a remarkable owner's residence, all in the heart of Presidio Heights. *Additional photos, videos, floor plans and property info. are available through virtual media.

Getting Around

89
WalkingVery Walkable
64
TransitGood Transit
79
BikeVery Bikeable

Schools

7/10
Sutro Elementary SchoolGrades K-50.8 mi
8/10
Roosevelt Middle SchoolGrades 6-80.4 mi

Construction

Condition

  • Year built: 1908

Materials

  • Foundation: Concrete
  • Roof: Composition
  • Construction materials: Wood

Type & Style

  • Home type: MultiFamily
  • Architectural style: Edwardian
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Free-Standing Gas Range,Disposal,Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • Partial bathrooms: 2

Features

  • Unit 1 - Beds: 0,Baths: 0,Square Footage: 5530 | Unit 2 - Beds: 2,Baths: 2,Square Footage: 2000 | Unit 3 - Beds: 3,Baths: 0,Square Footage: 5530 | Unit 4 - Beds: 0,Baths: 0,Square Footage: 5530 | Interior Features: Vaulted Ceiling(s)
  • Flooring: Wood,Tile,Stone,Painted/Stained,Carpet

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Property

Details

  • Parcel number: 0991011
  • Special condition: Trust

Features

  • Levels: Three Or More
  • Patio & porch: Deck,Balcony/Deck
  • Exterior features: Yard Space
  • Fencing: Fenced
  • Has view: Yes
  • View description: Trees/Woods,Water,San Francisco,Hills,City
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 3,188 sqft
  • Features: Sidewalk,Landscape Back,Garden

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Francisco County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $40,442$485,304
Home Insurance *$1,311$15,732
Property Taxes $8,019$96,228
Electricity $1,072$12,866
Total$50,844$610,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,743,222/yr
40% on housing$1,525,320/yr
45% on housing$1,355,840/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,600This listing

vs Other Active Listings

Avg $/sqft

ZIP 94118$749
San Francisco County$693

vs Homes Sold Last Month

Median $/sqft

ZIP 94118$1,334
San Francisco County$986

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Listed for sale$7,998,000

For Sale by Agent

AgentElena D Barbagelata
BrokerageBarbCo

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