Looking for new construction homes in San Francisco? The search may be easier than you might imagine. Although a historic city known for its classic architecture, San Francisco is constantly undergoing revitalization and adding to its existing housing stock.
The state of California has mandated that the city add 82,000 new residential units over the next 5 years, and roughly 3,700 new construction homes in San Francisco are under construction, while an additional 14,000+ permits for new buildings have already been issued. So new home construction in San Francisco is currently on the rise and will only increase in the coming years.
From luxury condos to amenity-rich masterplanned communities, you can find many different types of new homes in San Francisco. Some new houses in San Francisco are designed to support an active urban lifestyle, while others offer an all-in-one living solution for luxury buyers.
There are countless benefits to new construction in SF. There is something special about being the first person to call a space their home. New construction homes in San Francisco can also feature modern amenities, energy-efficient appliances, and customizable layouts that aren’t common in existing construction. Plus, there are many reputable builders in San Francisco offering financial incentives and warranties that make their developments a smart investment.
According to Redfin, the median price of new construction homes in San Francisco is $1.2 million. While that’s very high for most cities, in a competitive market like the Bay Area, that’s fairly standard. However, that doesn’t mean all new homes in the San Francisco Bay area are worth the investment.
While some neighborhoods offer great value for the money, not every community is worth the exorbitant price tag. So to help you find the perfect home, here are some of the best neighborhoods in San Francisco to find new construction homes.
How to Search for New Construction Homes in San Francisco
When searching for new home construction in San Francisco, consumers can identify prospective properties through a multiple listing service (MLS) with the help of a listing broker who can show you how to navigate local legal requirements and ensure properties’ compliance with local building codes and your general needs.
Such material and information about new construction homes in San Francisco is deemed reliable when independently reviewed by licensed real estate professionals. However, such information is provided for personal use, provided exclusively, and for non-commercial purposes. Popular searches often utilize artificial intelligence tools to help identify prospective properties consumers may like with homes based on their current location and preferences.
Treasure Island | An Up and Coming New Development Community With Fantastic City Views
- Starting at: $800,000
- Builders: Treasure Island Development Corp (Lennar, Wilson Meany, and Stockbridge Capital Group)
- Home types: condos, luxury rentals, townhomes
By far one of the best areas for new construction homes in San Francisco is Treasure Island. Treasure Island is a man-made island that was originally constructed in 1936 and 1937 for the Golden Gate International Exposition. For years, it was primarily a naval base, but it’s currently being revitalized into a sustainable community featuring over 8,000 units of San Francisco new home construction, parks, restaurants, shopping, and more.
Its estimated completion is 2032, although you can already start purchasing new construction homes in San Francisco in this unique new community. The redevelopment is a joint project between Wilson Meany and Lennar, featuring towering waterfront units, luxury condos, and townhomes. While most of the current new home construction in San Francisco is available for lease, more and more pre-sales are opening as new units come on the market every day.
The San Francisco new homes on Treasure Island offer breathtaking views of the city skyline, luxury amenities, and a quick ferry ride into downtown. While it isn’t the most happening area yet, as it’s still being developed, for those who want a secluded area with easy access to San Francisco, Treasure Island offers some of the best new construction homes in San Francisco.
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Dogpatch | A Historic Neighborhood With Modern New Developments in San Francisco
- Starting at: $600,000
- Builders: Associate Capital, BUILD SF, Foster and Partners
- Home types: Revitalized cottages, modern condos, high-rise apartments
While not exclusively a new community, Dogpatch is a historic neighborhood that is rapidly undergoing development with plenty of new construction homes in San Francisco. Initially a 19th-century working-class neighborhood, Dogpatch has undergone a transformation in recent years with an influx of renovated early 20th century cottages and modern high-rise buildings with some of the best new home construction in San Francisco.
Much of the revitalization is part of the Potrero Power Station Project, a redevelopment plan spearheaded by Association Capital. The initiative includes over 400,000 square feet of mixed-use developments, including the Avalon, a 338-unit residential building constructed on a former San Francisco Opera storage site.
Much of the project is focused on sustainability, with many buildings featuring LEED certifications, modern amenities, and waterfront access. While not all homes in the neighborhood are new, Dogpatch offers plenty of new construction homes in San Francisco for those who want a historic neighborhood with a modern feel.
Mission Bay | New Homes in San Francisco CA Built on a Former Rail Yard
- Starting at: $700,000
- Builders: Mission Bay Development Corp (Tishman Speyer, DPR Construction)
- Home types: Luxury condos, townhomes, and rentals
Mission Bay is also a great neighborhood for new construction homes in San Francisco. Located just north of Dogpatch on the East Side of San Francisco, Mission Bay is a 303-acre neighborhood located directly on the water. Just like its neighbor to the south, Mission Bay is a former industrial site and rail yard that has been transformed into a master planned community with some of the best new homes for sale in San Francisco.
The San Francisco new construction began in 1998 and has persisted throughout the 2020’s with new buildings like One Mission Bay and Madrone becoming the premier destination for young professionals who work in tech. Home shoppers will find a wide selection of San Francisco, CA new homes, including luxury condos, townhomes, and rentals.
The area consists of over 6400 new construction homes in San Francisco, including a healthy mix of affordable and market-rate units. It’s also a very walkable neighborhood with easy access to top attractions like the Chase Center and Oracle Park.
The redevelopment of the community was primarily overseen by the Mission Bay Development Corp, with assistance from some of the top home builders in San Francisco CA, such as Tishman Speyer and DPR Construction. With home prices starting around $700,000, Mission Bay is one of the top destinations for new construction homes for sale in San Francisco, CA that balance luxury and convenience.
Potrero Hill | A Former Power Station Transformed Into One of San Francisco’s Most Exciting Neighborhoods
- Starting at: $800,000
- Builders: BRIDGE Housing, San Francisco Housing Authority, and the Mayor’s Office of Housing and Community Development
- Home types: single-family homes, townhomes, and condos
Potrero Hill is another historic neighborhood undergoing major revitalization, with a significant increase in new construction in San Francisco in recent years. Sparked by the Rebuild Potrero project and the Potrero Power Station redevelopment, there has been a major push in recent years to replace housing stock from the 40s and 50s with modern, energy-efficient new construction homes in San Francisco.
You’ll still find a healthy mix of Victorian homes and new construction homes in San Francisco in the Potrero Hill neighborhood, although new buildings are being added every day. Potrero Hill Power Station is a long-term initiative to transform a former power plant site into a brand-new neighborhood with more than 2,600 residential units, along with commercial spaces, hotels, and parks.
Several brand-new 5-story apartment complexes have also been added to the area, including a 157-unit building on 25th Street. Many of the San Francisco new housing developments in the neighborhood are being spearheaded by BRIDGE Housing, along with San Francisco Housing Authority and the Mayor’s Office of Housing and Community Development.
With a good selection of single-family residences, townhomes, and modern condos starting around $800,000, Potrero Hill features some of the best new homes for sale in San Francisco, CA.
Brooklyn Basin | A Master-Planned Community On a Former Industrial Site
- Starting at: $275,000
- Builders: Signature Development Group and Zarison Holdings
- Home types: Condos, apartments, townhomes
For those in search of new homes for sale in the San Francisco Bay Area that are outside the city limits, Brooklyn Basin is a solid choice. Located directly across the Bay in Oakland, Brooklyn Basin is a 64-acre master planned, waterfront development consisting of modern apartments, luxury townhomes, and affordable housing units.
Similar to some of the other new construction homes in San Francisco, Brooklyn Basin was built on a former industrial site and features 3,100 contemporary one-, two-, and three-bedroom units, as well as “stacked town” floor plans. It also features over 200,000 square feet of commercial space, a skate park, grocery stores, a marina, and other enticing amenities.
A major draw of Brooklyn Basin is that it’s much more affordable than many other San Francisco new homes for sale, with purchase prices starting around $275,000. It’s currently under development in a partnership between Signature Development Group and Zarsion Holdings Group, with new properties and commercial spaces being added all the time. So if you want new construction homes in San Francisco CA that offer affordability and sophistication, Brooklyn Basin is a great choice.
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Bay Meadows | A Luxury, Transit Neighborhood Built on a Former Racetrack
- Starting at: $900,000
- Builders: William Meany and Stockbridge Capital
- Home types: Townhomes, apartments, single-family homes
Bay Meadows is another fantastic community offering new construction homes in the San Francisco Bay Area. Located in San Mateo, right next to the Hillsdale Shopping Center, Bay Meadows is an 83-acre mixed-use development comprising nine residential communities, mostly townhomes, along with apartment buildings and single-family homes.
It’s a very transit-oriented neighborhood for commuters who work in San Francisco, and the Hillsdale Caltrain station is located just south of 31st Ave, offering a route to various parts of the Bay Area. There are also three parks operated by the City of San Mateo that are within the community, as well as a multipurpose public plaza called Town Square.
It’s one of the largest redevelopment projects in the Bay Area with more than 1,000 residential units, 780,000 square feet of office space, and 40,000 square feet of retail space. Formerly a horse track called the Bay Meadows Race Track, the community was developed through a partnership between William Meany and Stockbridge Capital. With a median home price of $1.67 million, it’s not the cheapest neighborhood offering new construction homes in San Francisco, but it’s popular among commuters who want the peace and quiet of the suburbs with easy access to the city.
Alameda Point | A Revitalized Air Force Base With One of a Kind Amenities
- Starting at: $450,000
- Builders: City of Alameda and the Alameda Point Partners
- Home types: luxury townhome rentals
Alameda Point is another fantastic neighborhood if you want new construction homes in San Francisco. The 1560-acre masterplanned community is situated on a former Naval Air Station on the waterfront in Alameda, CA. Plans for the community’s redevelopment began in 2000, with groundbreaking for phase one in 2018. The area is undergoing rapid revitalization as a dynamic, mixed-use district, featuring new housing, commercial space, and retail.
The community primarily consists of high-end townhome rentals and dedicated affordable housing, with a mix of two-story, 2-4-bedroom homes featuring modern, energy-efficient designs.
It’s home to unique local businesses and amenities such as Spirits Alley (a stretch of wineries, breweries, and distilleries), Northern California’s largest monthly antiques fair, a 120,000-square-foot fitness complex, and an expansive preserve for wildlife viewing.
Developed in partnership between the city of Alameda and Alameda Point Partners LLC, it’s easily one of the most exciting up-and-coming communities for new construction homes in San Francisco.
Map of Best Neighborhoods for New Construction in San Francisco
New Construction Homes in San Francisco FAQ
How Much Do New Construction Homes in San Francisco Cost?
New construction homes in San Francisco can cost anywhere from $700,000 to well over $1M. Redfin suggests that the median price of new home construction in San Francisco is $1.2M. However, you can find more affordable options in surrounding cities in the Bay Area.
Where Can You Find The Best New Construction Homes In San Francisco?
You can find plenty of great new construction homes in San Francisco in revitalized neighborhoods like Dogpatch, Potrero Hill, and Mission Bay. However, other Bay Area cities like Oakland, Alameda, and San Mateo also offer solid options.
What Are The Benefits of New Construction Homes in San Francisco?
New home construction in San Francisco often offers modern designs, energy-efficient appliances, and open concept layouts. Many also offer shared amenities such as fitness centers, clubhouses, and shopping options.
Ready to Experience the Best New Construction Homes in San Francisco?
Now that you know where to find the best new construction homes in San Francisco, you’re ready to plan your relocation. When the time comes to make the transition, you can count on the dedicated San Francisco movers at AMS relocation to make the journey easy and efficient. Call (650) 284-2931 for a free quote.
