In a new community in San Francisco’s Hunters Point, things are quiet. Maybe too quiet.
Residents of the San Francisco Shipyard, a 522-home condo and townhome complex being built by Miami-based developer Lennar, say they were attracted by the affordability.
And the homes are, relatively speaking, an excellent deal. Two-bedroom, two-bathroom condos cost between $600,000 and $700,000, with homeowner’s association fees tacked on for around $500 a month. That’s cheap for roughly 1,000 square feet in San Francisco.
The catch is that the isolated area is a relative transportation and food desert. It is only served by two bus lines, the nearest real grocery store is 1.5 miles away and the neighborhood boasts just one coffee shop—which closes at 2 p.m. (There’s also a great Russian bathhouse nearby that serves food, but you need to pay for a soak if you want to access it.)
