First Look: 490 Avenue of the Palms Brings Elevated Coastal Living to San Francisco Bay

The next chapter in San Francisco Bay living begins at 490 Avenue of the Palms — a collection of 148 luxury residences perched along the waterfront on Treasure Island. Designed as an architectural collaboration between Anne Fougeron, FAIA, and Mark Cavagnero Associates, this six-story mid-rise is the first for-sale condominium offering in the island’s expansive redevelopment. It introduces a fresh expression of California-modern living—set against the cinematic backdrop of the Golden Gate Bridge, Alcatraz, and the downtown skyline.

Just eight minutes by ferry from the Embarcadero, 490 Avenue of the Palms offers a perspective that feels both immersive and elevated. Located along the forthcoming Cityside Park, the building’s position provides sweeping, protected views across the Bay—a rare find in a city known for prized vistas and limited inventory.

“This is one of the most extraordinary parcels in San Francisco,” says Chris Meany, Co-CEO of Treasure Island Community Development. “It’s a once-in-a-generation opportunity to live directly on the waterfront, with views and access that simply don’t exist anywhere else in the city.”

What sets 490 Avenue of the Palms apart isn’t just its views—but how the building invites you to engage with them. The design features a trio of large, sculptural portals that rise two to three stories and cut through the building, creating a series of framed perspectives that connect residents to the water and skyline beyond. These openings also serve as lightwells, bringing sunlight and airflow deep into the structure and creating a living environment that feels airy, open, and intimately tied to the outdoors.

“The idea behind the portals was simple but powerful,” says architect Anne Fougeron. “We wanted every resident, no matter their unit, to feel visually connected to the Bay. That kind of equity in design is essential—and it’s beautiful.”

A gently curving landscaped courtyard at the center of the community ties the architecture to its natural surroundings, with a shared outdoor kitchen and dining space that encourages neighborly connection.

Inside, homes are tailored for effortless indoor-outdoor living. Floor-to-ceiling windows, oversized sliding doors, and private patios or balconies bring the outside in. Floor plans range from studios to three-bedroom residences, with 52 distinct layouts offering a variety of orientations and light exposures.

The interiors, envisioned by Kenneth Brown Design in partnership with Mark Cavagnero Associates, reflect the tones and textures of the coastal setting. Wide-plank oak flooring, soft stone finishes, and dual-tone Italian cabinetry evoke Bay sunsets and understated refinement. Kitchens are outfitted with Fisher & Paykel appliances, Silestone® countertops and backsplashes, and custom lighting. Bathrooms feature full tile surrounds, soaking tubs, and walk-in showers in select residences.

“Every detail was considered with the resident experience in mind,” says Kenneth Brown. “We drew inspiration from the island’s light, the views, and the feeling of openness that comes from being surrounded by water.”

Life at 490 Avenue of the Palms extends beyond the four walls of home. Residents will enjoy three landscaped rooftop terraces with unobstructed views, a fitness center with yoga and barre space, a fire pit lounge, and a resident clubhouse overlooking the waterfront park. Even the lobby reflects the thoughtful design ethos—with a library nook, fireplace, and natural finishes that offer a warm welcome home.

Additional amenities include secure resident parking, a pet washroom, package lockers, and bicycle parking for every home.

490 Avenue of the Palms is the latest milestone in the $6 billion Treasure Island redevelopment, a master-planned community led by Wilson Meany, Stockbridge Capital Group, and Lennar Corporation. When complete, the island will feature 8,000 new homes, 300 acres of open space, and 22 miles of shoreline access. Newly opened parks and trails—including Panorama Park, Signal Park, and Rocks Dog Park—are already redefining urban nature access in the Bay Area.

BayFC, San Francisco’s professional women’s soccer team, also recently announced plans to build their new training facility on the island, signaling a bright and active future for the growing community.

Sales for 490 Avenue of the Palms will launch in Fall 2025, with move-ins anticipated by the end of the year. Interested buyers can join the priority list at 490palmssf.com.

As Paul Zeger of Polaris Pacific, the exclusive sales partner, notes: “With limited inventory and a location like no other, this is a rare chance to be part of San Francisco’s next great waterfront neighborhood.”

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