A midcentury-modern home in Berkeley Hills, designed by John Hans Ostwald, caused a bidding frenzy, selling for $1.6 million, 101% above its $795,000 listing price, within just two weeks. The property attracted notable interest with over 30 offers and 300 visitors during open houses, surprising agent Jodi Nishimura. Factors such as its architectural appeal, strategic pricing, and location in a competitive market played crucial roles in generating demand. The unique 1,300-square-foot Foley House remained with its original owner since 1963 until her recent passing.
The emphasis on the home’s midcentury-modern style and unique hexagonal architecture attracted an unprecedented level of interest, as evidenced by over 30 offers and 1,000 visitors.
Agent Jodi Nishimura expressed surprise at the overwhelming demand, indicating that the combination of design, pricing, and market conditions unexpectedly resulted in a bidding war.
Originally listed at $795,000, the Foley House sold for $1.6 million in just 14 days, underscoring the hot market dynamics in the East Bay.
The 1,300 square-foot midcentury gem, designed by architect John Hans Ostwald, showcases the local architectural history and was the only home owned by its original owner since 1963.
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