Wilson Meany, Stockbridge Capital Group, and Lennar Corporation have offered a look inside 490 Avenue of the Palms, the first for-sale residential development on San Francisco's Treasure Island. 

The six-story development, named for its address, will include 148 residences at a waterfront location with view of the San Francisco skyline, the Golden Gate Bridge, and Alcatraz. “490 Avenue of the Palms marks a pivotal moment for Treasure Island — the debut of its first for-sale residences and the completion of our first phase of homes,” said Treasure Island Community Development co-chief executive officer Chris Meany in a news release. “It’s situated on one of the most remarkable parcels of developable land on the island, offering protected views that span the Bay, its bridges, and iconic landmarks. To live directly across from a waterfront park that will feel like your own Crissy Field is a once-in-a-generation opportunity. In addition to striking architecture and livability, homeowners are embraced by a perspective and sense of place that simply can’t be replicated.” 

Rendering of 490 Avenue of the PalmsHayes Davidson

Designed by Anne Fougeron and Mark Cavagnero Associates, with interior design by MCA and Kenneth Brown Design, the project will include a mix of studio, one-, two-, and three-bedroom dwellings, each featuring floor-to-ceiling windows, open layouts, contemporary finishes, and high-end appliances.

Sales for 490 Avenue of the Palms are scheduled to launch in Fall 2025, and the first move-ins are expected in late 2025.

With the completion of 490 Avenue of the Palms, nearly 1,000 homes will have been completed on Treasure Island. Overall plans call for nearly 8,000 homes and 300 acres of open space on Treasure Island.