Business Reporter

Kevin V. Nguyen

Residents trying to adhere to a well-intentioned rule mandating new sprinklers in old buildings are staring down its unintended consequences.

The three-lot property with a 12,000-square-foot Italian-inspired main home and unfinished “entertaining home” sold for $56 million.

Despite foreclosure and a failed bankruptcy attempt, the Hickeys are filing new redevelopment applications at 2700 Sloat Blvd. 

Named for a Persian goddess, Villa Anahid has five bedrooms, six baths, and a three-story sculptural floating staircase. 

Soaring appeals are straining the city budget and leaving homeowners stuck in a growing backlog.