See George Shultz’s spectacular glass penthouse above San Francisco, listed for $29M
High above San Francisco in a glass-and-steel tower, a pair of awe-inspiring penthouse apartments with magnificent panoramic views of the city’s most iconic landmarks have hit the market for $29 million.
The north and south penthouses at The Summit, 999 Green St., in the Russian Hill neighborhood were home to former U.S. Secretary of State George Shultz and his wife Charlotte Maillard Shultz, an heiress, socialite, philanthropist and former chief of protocol for California.
George Shultz died Feb. 6, 2021 and his wife passed away Dec. 3, 2021.
The luxury units are being sold together or separately. They have come to the market just twice since 1973, when Charlotte combined a north penthouse with a south penthouse to create two separate spaces connected by a hallway to create room for guests and entertaining, according to Compass real estate, which holds the listing. She and businessman Mel Swig purchased the apartments during their marriage, a representative for Compass said.
The three-bedroom, five-bath north penthouse with north, east and west views spans 5,380 square feet. It is asking $17 million.
The three-bedroom, five-bath south penthouse has south, east and west views over 4,935 square feet of living space. It is going for $12 million.
“The views, the building, the piece of San Francisco — any one of these would make this exceptional, but the three of them together, there is nothing that compares,” listing agent Karen Mendelsohn Gould of Compass told the San Francisco Chronicle. “You cannot find another property like this in San Francisco.”
Gould is marketing the properties with Max Armour of Compass.
The twin penthouses together are among the highest priced luxury apartments in San Francisco. There is a $46 million penthouse for sale at 181 Fremont St. The highest priced house on the market is the $39 million former home of Sharon Stone in Sea Cliff, according to Compass data.
The median sales price for condominiums priced at over $5 million in San Francisco County is rising again after falling since 2021, according to the most recent data from Compass. The median sales price stands at about $6 million, which is lower than the $10.5 million mark in January 2021.
“The market for high-end properties like this is always strong,” Gould said in an email to the Sacramento Bee. “A unique one of a kind property like this—with its panoramic views, prime location, architectural significance and place in San Francisco history—will always have multiple potential buyers.”
The Shultzes often entertained world leaders and celebrities at the penthouses, including British Prime Minister Tony Blair and musician Tony Bennett.
“Both north and south-facing penthouses evoke a statement-making sense of grandeur with floor-to-ceiling glass and grand staircases that link two lavish levels,” according to the listing.
The Shultzes also spent time at a home on the campus of nearby Stanford University, where the statesman was a fellow at the school’s Hoover Institution think tank, according to Compass.
This story was originally published May 27, 2022 at 10:32 AM.
