On the southeastern edge of San Francisco, a new neighborhood is growing. 

The San Francisco Shipyard development, which has been in the works for over a decade, is an ambitious project aimed at creating a bustling live/work community at the former Hunters Point naval shipyard. Once completed, the development will create thousands of new residential units, as well as ample new office and retail space and hundreds of acres in preserved open space and waterfront parks. Though tucked away from the hustle and bustle of the city center, the development offers a specialty general store, public art installations, and a daily shuttle that takes commuters downtown, with stops along the Third Street Corridor, in Dogpatch and SoMa, and at the CalTrain station.

San Francisco has one of the nation's most expensive real estate markets, with Zillow reporting a median home value of $1,146,800. But with homes priced from the low $600,000s, The San Francisco Shipyard presents a unique opportunity for buyers—especially given that homes in the first Shipyard building to hit that market have already listed for resale at a 30 percent price increase.

The San Francisco Shipyard is now selling homes in three distinct communities, Alma, Engel, and Thayer, all of which feature developer Lennar’s Everything’s Included® program: upscale finishings such as dark hardwood flooring throughout the kitchen and living areas, Caesartone kitchen countertops, stainless steel Bosch kitchen appliances, Barbosa cabinetry and more are all included with the list price.

The Alma townhomes range in size from approximately 1,072 to 1,437 square feet, 2- to 3-bedrooms and 2- to 2.5-bathrooms, with select homes featuring private balconies and decks, some with gorgeous views of the city skyline.

The Engel flats range in size from approximately 611 to1,342 square feet, 1- to 3- bedrooms and 1- to 2- bathrooms, with many homes featuring private terraces and shared rooftop decks. And the cozy Thayer Edwardian-inspired flats range from approximately 806 to 970 square feet, 1- to 2- bedrooms and 1- to 2- bathrooms. These attached homes have a common terrace perfect for socialization and relaxation.

For more information on The San Francisco Shipyard's offerings, click here or call 888-216-2330. And for a closer look in person, The San Francisco Shipyard’s Welcome Home Center is open daily from 11am-6pm at 11 Innes Court.

[Editor’s note: This is a sponsored post.]