Yerba Buena Island Neighborhood Vibe
Yerba Buena Island was once known only for its Coast Guard station and hairpin-turn exit 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 will 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.
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, 10 1/2 foot high ceilings, with end-homes featuring fireplaces and some plans featuring elevators.
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 three-bedroom three and a half bathroom plans ranging 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.
Homes in The Skyline neighborhood are townhome style plans featuring a central courtyard, private garages, and a seperate 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 to 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.
A site on the island is also zoned for 50 room boutique hotel, but no further announcements have been made about that project.
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.
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 will be offered from the first day resident’s take occupancy, currently estimated to be some time in 2022. Ferry service will take approximately 10 minutes in either direction. Bus service is available, with additional express buses to trans-bay terminal planned. Development plans also call for an 0n-island shuttle at some future point.
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 fire pit, sun deck, 25 meter outdoor pool and spa, yoga studio, fitness center, spa level with massage room, steam rooms, and a meditation garden, and an “owner’s level” with private kitchen and lounge.
In addition, condominium buildings will have additional amenities to serve their residents. Typical building amenities will include a fitness center, rooftop-deck with grills, and open-air lounges.
Retail & Commercial
No retail or commercial on island. All residential. Treasure Island will eventually have retail space. There may be a small corner-store style store.
Prices are available for select homes in The Bristol and other select home sites. The developer can also accept reservations for buildings not yet for sale, requiring a fully-refundable 10k deposit to hold the opportunity.
The development has six preferred lenders. Please contact us for additional information.
The developer has selected a fine team from The Agency 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/The Agency.