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By Candace Jackson of the Wall Street Journal
Art collector John Traina's landmarked San Francisco property—a converted 1893 firehouse once owned by former California Gov. Jerry Brown—has sold for $3.36 million, about 30% less than its original $4.85 million asking price in September 2007.
Mr. Traina is a retired maritime entrepreneur formerly married to novelist Danielle Steel, with whom he raised seven children. He bought the roughly 4,000-square-foot firehouse in a 2006 private sale. The Pacific Heights estate has three bedrooms, four baths and a guest house. The fire poles remain in the living room, and the original garage door opens into the great room, where fire trucks once parked.
Mr. Traina sold because he was spending most of him time at a Napa Valley ranch he owns, says Greg Lynn of Sotheby's International Realty, who shared the listing with Sotheby's Louis Silcox. Steven Mavromihalis of Pacific Union Real Estate, a Christie's Great Estates affiliate, represented the buyer, a local family.
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