Price of S.F. Penthouse Slashed from $70M to $35M

This San Francisco penthouse, named the Museum Tower Penthouse, is likely the most expensive bank-owned single-family residential real estate listing in the country. If that doesn't open your eyes maybe this will: The jaw-dropping residence was listed in 2008 for $70 million, but is expected to be back on the market in September for a not too shabby $35 million. Take a look! View the listing.

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This San Francisco penthouse, named the Museum Tower Penthouse, is likely the most expensive bank-owned single-family residential real estate listing in the country. If that doesn't open your eyes maybe this will: The jaw-dropping residence was listed in 2008 for $70 million, but is expected to be back on the market in September for a not too shabby $35 million. Take a look! View the listing.
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The ritzy penthouse is two stories and totals 20,000 square feet. Situated on the top two floors of the St. Regis hotel, this spread has never been lived in. You can be the first!
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A view of the high-end kitchen. The spread was built by a real-estate investment manager and developer Victor MacFarlane who combined three apartments into this massive home. The unit is now owned by a subsidiary of Bank of America after MacFarlane sold it to the bank in a deed in lieu of foreclosure.
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In addition to this lounge area in the master bedroom, the home has a gym, sauna and steam room, as well as a two-story waterfall in the entrance foyer.
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A look at the 2,500-square-foot master suite. The penthouse boasts six bedrooms total.
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We can't imagine a lavish shower with a better view than this!
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A view of the massive walk-in closet.
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The unit boasts 22-foot-high ceilings in the living room, as well as a library, home theater and 3,000 square feet of terraces with views of San Francisco.
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The bank is reportedly spending $500,000 to stage the place before its official showings begin in September, but those furnishing will just be a drop in the bucket compared to this staggering view.
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