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Location: San Francisco, Calif.
The Skinny: Overheated the San Francisco housing market might be, but with houses as beautiful as this historic manse hanging a "For Sale" sign in the window, it's not hard to see why the tech money is flowing north from Silicon Valley into residences in the city by the bay. Built in 1853 high atop Russian Hill, the home offers unbeatable bay, Bay Bridge, and downtown views, whether you're inside the house or out on one of its many terraces. The two story manse, which is going for $12M, boasts four bedrooms, including a huge master suite, and has recently been upgraded with an elevator between the two-car garage and the residence.