Yerba Buena Island & Treasure Island Real Estate & Homes For Sale

Yerba Buena Island Neighborhood Vibe

Yerba Buena Island was once known only for its Coast Guard station and hairpin-turn exit off from the Bay Bridge. The 150-acre island is now joined by a master-planned development with 95 total acres, of which 72 acres will remain as open space. Wilson Meany is the lead developer for the neighborhood and Hart Howertown is the lead architect for the neighborhood.

A new Hilltop Park with 5 acres will feature a 66′ high steel sculpture, The Point of Infinity. The community will also include an off-leash dog park, possibly tennis courts, and definitely five miles of hiking, biking, and running trails.

Yerba Buena Island will have three distinct “neighborhoods,” including The Cove on the east side, which will be home to The Bristol one of the buildings with the earliest planned availability.

The Bristol at The Cove

The Bristol condominiums feature 124 homes with plans ranging from studio to three bedrooms. Home sizes will be generous for new construction in San Francisco, starting at about 700 square feet for studios and ranging up to about 1,400 square feet for a larger two-bedroom home and over 2,000 square feet for the largest three-bedroom homes. Homes at The Bristol are expected to have monthly HOA fees of roughly $450 – $600.

The Townhomes

Townhomes will make up another part of Yerba Buena Island and are available in plans ranging from two-bedroom with loft to five+ bedroom plans. The townhomes feature a private garage and private entrance and sizes range from enormous to massive, measuring in at roughly 2,200 to 4,000 square feet. The townhomes feature an outdoor terrace, roof deck, and 10 1/2 foot high ceilings, with end-homes featuring fireplaces and some plans featuring elevators.

The Flats

The Flats will be home to a collection of boutique condo buildings, each with between seven and nine homes. Home plans are large, featuring roughly 2,500 square feet of three-bedroom three-and-a-half bathroom plans up to full-floor penthouse homes of over 4,000 square feet. Homes on the lower floors will feature 10 1/2 foot high ceilings, while the penthouse level homes will have a ceiling height of almost 12 feet.

Seaview will be one of the first “flats” buildings.

The Skyline

Homes in The Skyline neighborhood are townhome-style plans featuring a central courtyard, private garages, and a separate casita home off of the garage. Plans range from three to five bedrooms and start at over 3,000 square feet. Homes at The Skyline are perched along the very top of Yerba Buena with stunning views of downtown San Francisco.

Estate Home Sites

The neighborhood will feature five lots designated for the development of grand estate-style single-family residences. The lots are priced beginning at approximately six-million dollars, and owners may work with an architect from the development or use their own architect in compliance with neighborhood design guides.

Boutique Hotel

A site on the island is zoned for 50 room boutique hotel, but no further announcements have been made about that project.

Monthly Fees

Planned monthly fees are about $825 a month for the master association with the precise fee fluctuating based on population build-out and final and complete amenity development for neighborhood amenities and clubhouse. Individual buildings and homes may have additional monthly fees, and the developer is projecting that total monthly fees will be in the $1,200 to $1,600 range per month for master and other association dues.

Mello Roos

Homes on the Island of Yerba Buena also are subject to an additional mello-roos annual tax assessment. The funds from the mello-roos assessment fund the construction of new infrastructure on the island, from drainage to roads, schools, sewers, and more. Mello-Roos assessments vary based on your square footage and as of early 2020, the known mello-roos rates will be $6.91 a square foot for homes at The Bristol and $6.75 per square foot elsewhere.

Transit To and From Yerba Buena Island

Ferry service to San Francisco is running and offered from the first-day residents take occupancy.  Ferry service takes approximately 10 minutes in both directions. Bus service is available, with additional express buses to the trans-bay terminal planned. Development plans also call for an  0n-island shuttle at some future time. To find out what trails, buses, boats, and trains are available check out the SF gov site.

Neighborhood Amenities

A stand-alone roughly 10,000 square foot “island club” will open to residents roughly a year after the first home move-ins. In addition to a stunning lobby, it will feature an outdoor lounge with a fire pit, sun deck, 25-meter outdoor pool and spa, yoga studio, fitness center, spa level with massage room, steam rooms, a meditation garden, and an “owner’s level” with private kitchen and lounge.

Condominium buildings will have additional amenities to serve their residents which vary by location. Some typical building amenities include a fitness center, a rooftop deck with grills, and open-air lounges.

Retail & Commercial

There will be no retail or commercial businesses on Yerba Buena Island. All residential. Treasure Island will eventually have some limited retail space such as a small corner-store-style store.

Pricing

Prices are available for select homes in The Bristol and other select home sites. The developer is also accepting reservations for buildings not yet available for sale, requiring a fully-refundable 10k deposit to hold the opportunity.

Preferred Lenders 

The development has six preferred lenders. Please contact us for additional information.

Listing Agent

The developer has selected a fine team from Compass as their exclusive representative and the developer’s website can be found here. We provide buyers with independent buyer representation in this neighborhood and every other bay-area neighborhood. Renderings of neighborhood courtesy of Yerba Buena Island Sales Team/Compass.