Maison Au Pont at Lombard and Divisadero: two closings this year at $1,328 a foot, 8 percent under its 2020 opening, each after more than two months on the market

Maison Au Pont is a six-year-old building selling under its opening prices, slowly. Two condominiums closed at 2448 Lombard Street between January 1 and October 15, 2026, on $1,730,000 of volume; nothing closed in 2025, and one unit closed in 2024. The median sale is $865,000 and the median price per square foot is $1,328, against $1,443 in 2020 and $1,441 in 2021, the developer's two sellout years, so this year sits 8 percent under the opening.

#208, a 719-square-foot one-bedroom, closed at $955,000 on June 23 after 65 days; it was bought new in September 2020 for $1,025,000, down 6.8 percent, and it is the year's one paired resale. #313, a one-bedroom with no square footage on record, closed at $775,000 on January 22 after 134 days. The median listed sale took 100 days to contract, and neither went inside two weeks. The building's first resale ran the same way: #206, bought in August 2020 for $958,000, closed at $910,000 in March 2024 after three price cuts (SocketSite).

JS Sullivan Development built the project with architect Alan Tse on the one-story Wolf and Lion pet-supply building, a former Blockbuster, after the Planning Commission twice refused a Pet Food Express on the site: 41 units, six of them affordable, over four retail spaces, with a roof deck, two garden courts, a dog wash and solar panels; dues run about $570 to $870 a month (SF Planning; SocketSite; SF Highrises).

2026 so far, against the same window in 2025

Closings at Maison Au Pont between January 1 and October 15, 2026, set against January 1 to October 15, 2025. Days on market is median days from listing to contract on MLS-listed sales; "under 15 days" counts how many of those went into contract inside two weeks.

Year by year

Every recorded closing at Maison Au Pont since July 2020, by calendar year. 2026 runs through October 15, 2026. Days on market is available for MLS-listed sales from 2020 onward.

The building's highest median price per square foot in any year with five or more closings was $1,443 in 2020 (11 closings). 2026 year to date stands at $1,328.

By bedroom count, 2025 against 2026

Every closing in 2026

All 2 closings through October 15, 2026, highest price first. Square footage and days on market are as recorded on the MLS; county-recorded transfers that never listed show no days.

Paired resales

Units that closed in 2026 and had a prior recorded sale in the same building. The change is gross, before any improvements, fees or carrying costs.

0 of these resold above the prior price, 1 below.

Lombard and Divisadero

The building wraps the 76 station on the northeast corner of Lombard and Divisadero, with a three-story Super 8 motel immediately east and three-story shop-and-flat buildings across Lombard, one block south of Chestnut Street (SF Planning). Across the street at 2419-2435 Lombard, a 15-unit building with ground-floor commercial space was proposed in August 2023, and two blocks west at 2629 Lombard a six-story, 15-unit, no-parking building was filed on July 14, 2026 to replace a 1932 house (SF YIMBY; SF YIMBY). A 1940 four-unit building at 2539 Lombard sold for $2,460,000 in 2026 (MLSListings).

No AI office of any size is within walking distance; the office figures in the paragraphs below describe SoMa, three miles east.

The timetable that every South of Market building now sits inside is the public-offering calendar. Anthropic filed a confidential draft registration with the SEC on June 1, 2026, a week after a funding round that set its valuation at $965 billion (TechCrunch). As of this week the Standard reports the Anthropic listing has been pushed to November, after the midterms, that OpenAI's has moved to 2027, and that Anthropic is weighing a lockup longer than the usual six months (SF Standard). The same piece carries a Redfin estimate that current and former OpenAI and Anthropic employees could in theory buy close to a third of the metro area's homes with their proceeds, and the counter-argument from UC Berkeley's Enrico Moretti and the Bay Area Council's Jeff Bellisario that the money is concentrated in fewer hands than past booms and that these firms create fewer jobs per dollar because so much goes to data centers rather than headcount. The record in this report ends on October 15. None of it reflects a single share that has been sold.

Two citywide facts frame every building figure here. First, the office recovery is lopsided: CBRE put Q3 2026 vacancy at 27.7 percent citywide, down 6.6 points in a year, but Avison Young splits that into roughly 12 percent for Class A and north of 31 percent for Class B, and a Presidio Bay executive told Bisnow the headline number is misleading for that reason (Bisnow). Second, the condo market is still digging out: the Chronicle's May analysis found that only eight Bay Area ZIP codes showed inflation-adjusted condo gains over the year, all of them in San Francisco, and that Noe Valley's typical condo remained close to $400,000 below its 2019 level in real terms (SF Chronicle).

How this was counted

Two records feed this review. The MLS layer is one row per listing and carries days on market and square footage. The county layer reaches back further and catches transfers that never listed, but records the same closing once per data source, so the two were merged on unit, date and price and each closing kept once. Below-market-rate units and transfers under $300,000 are listed but excluded from every median. "Same window" means January 1 to October 15 of each year. Nothing here is a valuation of any unit, and nothing here is advice.

Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272