Clarendon Heights Home Sells for $10 Million
The property at 176 Palo Alto Avenue fetched $2 million over its listing price after just two weeks on the market.
Updated on Oct. 30, 2026 in Residential
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A Clarendon Heights residence owned by Ken Fulk and Kurt Wootton has sold for $10 million. The transaction closed less than two weeks after the property hit the market, netting a significant gain over its $7.9 million asking price.
Why it matters
The sale highlights the intense demand in premium city markets, with the owners opting to move closer to the city center. This quick turnover reflects ongoing activity for high-end residential listings in established San Francisco neighborhoods.
The home at 176 Palo Alto Avenue sold for $10 million, a 26.5 percent increase over the $7.9 million list price. The property, which spans 3,200 square feet, yields a gross gain of roughly $8.1 million since its 2010 purchase.
The players
Ken Fulk
A designer and property owner who recently sold his Clarendon Heights home.
Kurt Wootton
A property owner who co-owned the 176 Palo Alto Avenue residence.
Neil Bassi
The real estate agent from Sotheby's International Realty who listed the property.
The details
The three-bedroom, four-bathroom home in Clarendon Heights closed on October 28, 2026. The property was listed with Neil Bassi of Sotheby's International Realty and moved quickly, selling in under two weeks. The owners purchased the home in December 2010 for $1.9 million.
Timeline
December 2010: Ken Fulk and Kurt Wootton purchased the home for $1.9 million.
October 28, 2026: The sale of the Clarendon Heights property officially closed.
Across the Bay
This transaction follows the city's broader trend of high-end property turnover as owners consolidate assets near the urban core. It marks a significant shift from the market conditions seen in the property's 2010 acquisition.
Residents in Clarendon Heights may notice moving activity at 176 Palo Alto Avenue as the owners transition to their new home in the city center. The sale underscores current price appreciation trends for luxury properties in the neighborhood.
The takeaway
This $10 million sale demonstrates the rapid pace of the city's premium housing market. Watch for similar high-value listings in the Clarendon Heights area to gauge shifting valuation trends.
Further reading
Find more local trends in our Residential section.
Source note: This article includes information reported by The Real Deal New York.
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