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Take a look inside a $14 million penthouse in San Francisco's tallest residential building, which was sinking and tilting for years before it was fixed

Sarah JacksonMay 21, 2023, 15:54 IST

Sotheby's International Realty, which is listing the property, says San Francisco's Millennium Tower at 301 Mission Street is "now fully anchored to bedrock" after the building was sinking and tilting for years.Jacob Elliott for Sotheby’s International Realty

A penthouse on the 60th floor of San Francisco's Millennium Tower has hit the market at $14 million.
The building was famously sinking and tilting for years before construction began to fix the issue.

A luxury penthouse in San Francisco has hit the market, asking $14 million.

The condo isn't located in just any building: It's in Millennium Tower. The Tower is known for being the city's tallest residential building, yes, but it's also famous for the fact that it was sinking and tilting for several years before construction began to remedy the issues.

After years of structural recorrection, the building is now fully anchored to bedrock, according to Sotheby's International Realty, which is listing the property.

Take a look inside the 5,000-square-foot penthouse:

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Behold Grand Penthouse A in San Francisco's Millennium Tower.

Jacob Elliott for Sotheby’s International Realty

The luxury condo hit the market this week, with an asking price of $14 million.

Jacob Elliott for Sotheby’s International Realty

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It measures 5,000 square feet, according to its listing through Sotheby's International Realty.

Jacob Elliott for Sotheby’s International Realty

Source: Sotheby's International Realty

Source: Sotheby's International Realty

Sotheby's says it's the highest and largest penthouse in California.

Jacob Elliott for Sotheby’s International Realty

Source: Sotheby's International Realty

Source: Sotheby's International Realty

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It has two bedrooms...

Jacob Elliott for Sotheby’s International Realty

...as well as 2.5 bathrooms.

Jacob Elliott for Sotheby’s International Realty

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The penthouse has 270-degree views of major San Francisco landmarks like the Golden Gate Bridge, the San Francisco Bay, and the Transamerica Pyramid.

Jacob Elliott for Sotheby’s International Realty

Millennium Tower famously made headlines years ago not just for its prestige, but for the fact that it was sinking and tilting for a number of years.

Jacob Elliott for Sotheby’s International Realty

Source: Insider

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In 2016, the San Francisco Chronicle reported that the tower had sunk 16 inches into the ground and tilted two inches to the northwest since its completion in 2008.

Jacob Elliott for Sotheby’s International Realty

Source: The San Francisco Chronicle

Source: The San Francisco Chronicle

Several factors were to blame, including the use of concrete instead of steel for the skyscraper's frame, as well as the fact the tower was originally built on sand, not bedrock, according to the Chronicle.

Jacob Elliott for Sotheby’s International Realty

Source: The San Francisco Chronicle

Several factors were to blame, including the use of concrete instead of steel for the skyscraper's frame, as well as the fact the tower was originally built on sand, not bedrock, according to the Chronicle.

Source: The San Francisco Chronicle

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After years of "structural recorrection," however, the tower is now "fully anchored to bedrock," with street-side construction scheduled to finish later this year, Sotheby's told Insider.

Jacob Elliott for Sotheby’s International Realty

After years of "structural recorrection," however, the tower is now "fully anchored to bedrock," with street-side construction scheduled to finish later this year, Sotheby's told Insider.

After years of "structural recorrection," however, the tower is now "fully anchored to bedrock," with street-side construction scheduled to finish later this year, Sotheby's told Insider.

Asked if a tilt was noticeable in the penthouse, listing agent Gregg Lynn told SFGate "It's not noticeable to the naked eye."

Jacob Elliott for Sotheby’s International Realty

Source: SFGate

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The seller of the penthouse is tech industry veteran Craig Ramsey, who worked at companies like Oracle and IBM for many years.

Jacob Elliott for Sotheby’s International Realty

Ramsey had bought the penthouse in 2016 for $13 million. He knew of its structural issues at the time.

Jacob Elliott for Sotheby’s International Realty

"I knew the building was tilting," Ramsey told The Wall Street Journal. "I got a very good discount because of that fact."

I knew the building was tilting, Ramsey told The Wall Street Journal. I got a very good discount because of that fact.

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Before Ramsey, the condo belonged to late venture capitalist Tom Perkins.

Jacob Elliott for Sotheby’s International Realty

The penthouse has a 400-square-foot private outdoor terrace.

Jacob Elliott for Sotheby’s International Realty

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Naturally, it also includes access to the building's many amenities.

Jacob Elliott for Sotheby’s International Realty

These include a 20,000-square-foot fitness center, pool, screening room, wine storage, private dining room, and more.

Jacob Elliott for Sotheby’s International Realty

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