Metallica Rock Star Sold Sea Cliff Mansion for $11.7 Million
Kirk Hammett, Metallica’s lead guitarist since 1983, ranked 11th on Rolling Stone’s list of The 100 Greatest Guitarists of All Time
Photo: iCollector.com
Photo: Ultimate Classic Rock
Hammett was born in San Francisco, raised in El Sobrante, CA and attended De Anza High School in Richmond, CA.Side note: After the end of a European tour in 1986, he also enrolled at San Francisco State University and studied Film and Asian Arts. His parents are Teofila “Chefela” (his mom is of Filipino descent) and Dennis Hammett, a merchant marine of English, German, Scottish and Irish descent.
Hammett, who grew up from humble beginnings, briefly worked at Burger King as a teen to save up for a Marshall amplifier and a 1978 Fender Stratocaster copy.
Photo: Picture Wallbase Amazing
Photo: Pinterest
He ended up as some of the richest and famous people in the world, with a net worth of $70 million, per music industry/guitar community news site, Ultimate Guitar. Over the years he has also accumulated a few million-dollar real estate investments in San Francisco – two of which he sold recently.
Per realtor.com, on March 2018 last year, Hammett sold one of his luxury homes at 308 Sea Cliff Ave in the exclusive Sea Cliff neighborhood in San Francisco for $12.8 million (making a hefty profit since he purchased the property for $5.7 million back in 2005). See photos below.
Spoiler alert: It doesn’t look like a heavy metal rockstar’s home!
Photo: SocketSite
Photo: Realtor.com
Photo: Realtor.com
Photo: Realtor.com
Photo: Realtor.com
Photo: Realtor.com
Photo: Realtor.com
Photo: Realtor.com
Photo: Realtor.com
On December of 2016, the lead guitarist put another one of his luxurious San Francisco estates on the market for $16 million. This one is an exclusive 5,200-square foot enclave overlooking China Beach, just adjacent to the one mentioned prior.
Photo: SocketSite
Photo: Better Homes and Gardens Real Estate
Photo: Open Listings
Photo: Open Listings
Photo: Open Listings
The price for this property was reduced down to $14 million in early 2017, and then taken off the market and re-emerged as a new listing in 2018 for $13 million. Early this year, 2019, the price was reduced once again to $11.9 million.
The estate is hidden behind the privacy wall at 320 Sea Cliff Avenue, and which Hammett purchased for $8 million in early 2010. This month, he accepted an offer and sold it for $11.7 million.
Photo: SocketSite
Photo: SocketSite
Photo: SocketSite
Photo: SocketSite
Not too shabby, as the sale represented a total appreciation of 46 percent over the past 9 years, or roughly 4.4 percent per year from the end of the Great Recession of 2008 to today, 2019.