The only constant in life is change, and that is most certainly true for San Francisco neighborhoods. District 10 is arguably the fastest-changing area right now. Though it is still very transitional, there is a optimistic vibe going on throughout the neighborhood. The changes in the area are reminiscent of how the Valencia corridor and the Inner Mission felt 20 years ago. Back in the mid-'90s, that neighborhood underwent sweeping changes that pushed it from marginal to among the most coveted areas in the city. One of the next areas to blossom was Mission Bay and Dogpatch, a.k.a. Central Waterfront. Development has been shifting south along 3rd Street, ever since AT&T Park was built. More of that area's industrial buildings continue to be converted to offices, condos, restaurants, and brewpubs. On a recent night I visited the new Magnolia / Smokestack and I was amazed at the foot traffic along 3rd Street. All of this has come to rise within the last 10 years, and the trend is pushing further south toward Bayview.
The pleasant weather and convenience to both downtown and the peninsula makes Bayview-Hunters Point an appealing place to live. These areas have lots of single family homes, as well as upcoming development of very modern condos. Two developments to watch are The Shipyard and the Candlestick Point development, comprising about 10,000 new units coming to the market. Rapid change, indeed.
The Shipyard is a new development that boasts some of the best views of San Francisco.
Candlestick proposed development
Bayview is becoming a hotbed of new food producers. Here are just a few of my favorites.
- All Good Pizza - Boasts a nice garden to enjoy some really good pizza.
- Radio Africa Kitchen - It is worth the trip to Chef Eskender Aseged's restaurant.
- Old School Cafe - A 1940s-style supper club that has a great mission to help at-risk youth.
- Bayview Underground Food Scene - A popup market featuring a variety of local merchants.
- Gratta Wines - The only winery in the Bayview. You can taste their wines at the Bayview Underground Food Scene market.
- Fox and Lion Bread Co. - Another regular at the market, Xan mills her own locally-sourced organic grains.
- Speakeasy - Checkout their tap room and stay for a tour.
Bayview Rise is an illuminated animated mural located at the Port of San Francisco’s Pier 92 grain silos on Islais Creek. You have probably have seen this large mural from the freeway. The artwork serves as the gateway to the neighborhood. It's striking by day, but really comes to life at night, when colored lights highlight the different designs layered on the mural.
With all this going for the Bayview, it's small wonder that prices are on the rise. This chart breaks down, by neighborhood, the average percentage selling price over list price. A look at the Bayview coming in at 14% over original list price is just astounding! This includes one historic home that sold for over $1 million, unprecedented for the neighborhood.
However, the area is historically less expensive than most other areas of the city, so it can be a good place for a first-time buyer, or for investment property. With the direction the city is moving I would not be surprised to see the values continue to go up in this corner of the city.
Have I whet your appetite for the Bayview? Contact me, and I can show you more.