San Francisco Business Times | Ted Andersen

Located across the street from the Fairmont Hotel, the Crescent features 44 residences within a boutique eight-story building, representing the first new significant residential development in the neighborhood in decades. Photo: Matthew Millman
The snazzy penthouse atop Nob Hill's newest luxury housing development has come to market this week for $7.1 million.
Situated at the intersection of California and Powell streets, Crescent features 44 residences within an eight-story building, representing the first new significant residential development in the neighborhood in decades.
The penthouse is an artistic 3-bedroom, 2.5-bath residence with design and furnishings by San Francisco-based Jeff Schlarb Design Studio, the same designer who recently created models for the new Four Seasons Residences on Mission Street. The penthouse offers 1,825 square feet inside and 925 square feet of exterior space, encompassing two private terraces on the main floor and a private roof terrace with views of downtown San Francisco, the bay, Coit Tower and North Beach. The residence also includes a 24-hour attendant and two-car parking in an automated parking garage with a private valet.

The living room and dining area at Crescent's penthouse. Photo: Aubrie Pick