Sacramento Sutter Mansion Flip Tops 50% Profit
Sutter Mansion Sale: Buy, Sell, Return Within roughly one year, the owner of Sutter Mansion moved from a reported $4.8 million acquisition in June 2025 to a $7.3 million sale in June 2026. The quick turnaround produced a sharp gain on the historic hospitality asset at 1409 Sutter Street. The property is a historic Queen Anne Victorian boutique hotel in San Francisco’s Japantown-Pacific Heights area. It is also known as Payne Mansion. The sale was announced on June 4, 2026, with confidential buyer details remaining undisclosed. Built in 1881 and renovated in 2019, the property spans roughly 16,897 to 17,789 square feet across four stories. Marketing positioned it as a hotel-plus-restaurant opportunity with 10 rooms and modernized amenities. The listing also highlighted strong visibility tied to earlier short-term rentals. The transaction was marketed by CBRE. In other markets, redevelopment efforts such as Boynton Beach’s workforce homes initiative show how adaptive real estate strate...