4 days Ago By Robb Report
A stately San Francisco residence long owned by early Silicon Valley venture capitalist C. Richard (Dick) Kramlich and his wife Pamela has popped up for sale in the affluent Presidio Heights neighborhood. The asking price is a substantial $19.
5 million, with held by Neal Ward of Compass. Acquired by the well-known media-based art collectors in the early 1980s for $1.6 million, the Tudor-style abode was originally built and designed in the late 1920s by noted Bay Area architect Albert Farr for engineer Leland Rosener.
In addition to having had a hand in building the Golden Gate Bridge, Rosener was also instrumental in the home’s creation—hence the remaining vestiges of his tenure at the premises, which include an original pneumatic vacuum system and a window perch where he could use a telescope to watch the bridge’s construction progress. Secluded behind high iron gates, amid the southwest corner of the 3600 block of Washington Street, the four-story limestone and brick-accented structure is fronted by a serene courtyard bolstered by a fountain and an exercise pool. Inside, five bedrooms and eight baths are spread across nearly 10,000 square feet of elevator-accessible living space boasting a mix of stone and herringbone-patterned floors, leaded glass windows, and ceilings adorned with wood beams and intricate plaster relief details.
Of course, there are also views of the iconic orange-hued suspension bridge. Especially standing out on the main level is an entrance gallery that flows to a living room anchored by an oversized stone fireplace surrounded by a coffered wood wall. The formal dining room connects to a gourmet kitchen outfitted with a center island, top-tier stainless appliances and a walk-in pantry, while a more casual family dining room has floor-to-ceiling glass and steel-framed French doors spilling out to an alfresco entertaining patio warmed by a fireplace.
Other highlights include a guest apartment with its own kitchenette, bath and deck, plus a posh primary suite that comes with a fireplace, a seating area, a bar nook, a dressing room, and a luxe bath. Rounding out the listing is a top-floor family room and den that have been converted into a dedicated office space and a lower level featuring a recreation/media room equipped with a stage, a bar and a wine cellar, as well as a catering kitchen, a children’s study area, a gym, and a two-car garage. Co-founder of New Enterprise Associates and Green Bay Ventures and CEO of Kramlich Investment Group, Kramlich began his career in 1969 as a general partner at Arthur Rock & Company.
Since then, he’s become widely known as the first outside equity investor in Apple and for leading numerous startup companies to valuations exceeding $1 billion each. Avid art collectors, the couple created the renowned , which features one of the world’s largest assemblages of media-based works primarily housed within their Herzog & de Meuron-designed residence/gallery in Napa Valley. They also maintain a Florida vacation home in the Windsor enclave of Vero Beach.
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