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  • Price cut: $500K (8/21)
    $14,500,000

    300 Margarita Drive, San Rafael, CA 94901

    --beds
    --baths
    54.72Acres
    Residential Lot
    Built in ----
    54.72 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Three legal parcels
    Perched atop one of Marin County's most spectacular private ridgelines, this once-in-a-generation legacy estate offers an extraordinary opportunity to own over 54 acres of unparalleled beauty just minutes from San Francisco. Behind private gates, the property commands breathtaking panoramic views spanning the San Francisco Bay, city skylines, rolling hills, bridges, and unforgettable sunsets. The estate features three exceptional residences thoughtfully positioned for maximum privacy, including an impressive main residence, an elegant guest home, a detached studio, private fitness pavilion, multiple garages, and an array of ancillary structures including a pool house ready for a pool to be built. Designed for those who value privacy, prestige, and possibility, the property offers a rare combination of luxury living, multigenerational flexibility, executive retreat potential, and expansive grounds unlike anything else available in Marin. The three legal parcels provide exceptional long-term value and future opportunities, while the park-like setting creates a peaceful sanctuary only moments from world-class dining, yachting, hiking, and the cultural amenities of Marin and San Francisco. Whether envisioned as a private family compound, luxury retreat, or one of Northern California's most iconic estates, 300 Margarita Drive represents an irreplaceable offering where scale, privacy, and extraordinary natural beauty converge. A truly rare opportunity to own one of Marin County's landmark estates. The seller has secured a new property and is open to offers and may consider seller financing for qualified buyers, subject to mutually agreeable terms.
    61 days
    733
    39

    Zillow last checked:

    Listing updated:

    Listed by:

    Wyatt G Herbst DRE #01986110 775-741-9314,

    Real Brokerage Technologies 855-450-0442

    Source: BAREIS,MLS#: 326059605MLS LogoOriginating MLS: Marin County

      Facts & features

      Property

      Features
      • Fencing: Partial
      • Has view: Yes
      • View description: Bay, Bridge(s), City, Hills, Ocean, Panoramic
      • Has water view: Yes
      • Water view: Bay,Ocean
      Lot
      • Size: 54.72 Acres
      • Features: See Remarks
      Details
      • Parcel number: 18652009
      • Zoning description: Residential
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: San Rafael

      Financial & listing details

      • Tax assessed value: $2,865,072
      • Annual tax amount: $40,415
      • Date on market: 7/7/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$14,500,000-3.3%
        Source: BAREIS #326057465 Report a problem
        7/8/2026Listed for sale$15,000,000+0.3%
        Source: BAREIS #326057465 Report a problem
        3/3/2025Listing removed--
        Source: Owner Report a problem
        12/1/2024Listed for sale$14,950,000+92.2%
        Source: Owner Report a problem
        8/2/2018Listing removed$7,777,777
        Source: Bradley Real Estate #21725477 Report a problem
        5/25/2018Price change$7,777,777-11.1%
        Source: Bradley Real Estate #21725477 Report a problem
        11/2/2017Listed for sale$8,750,000-32.4%
        Source: Bradley Real Estate #21725477 Report a problem
        9/17/2017Listing removed$12,950,000
        Source: Bradley Real Estate #21623034 Report a problem
        10/10/2016Listed for sale$12,950,000+30.2%
        Source: Bradley Real Estate #21623034 Report a problem
        2/19/2014Listing removed$9,950,000
        Source: Bradley Real Estate #21310539 Report a problem
        1/22/2014Listed for sale$9,950,000-20.4%
        Source: Bradley Real Estate #21310539 Report a problem
        10/2/2013Listing removed$12,500,000
        Source: Bradley Real Estate Report a problem
        6/13/2013Listed for sale$12,500,000
        Source: Bradley Real Estate-Novato #21310539 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$40,415 +3.3%$2,865,072 +2%
        2024$39,112 +1.4%$2,808,909 +2%
        2023$38,557 +5.8%$2,753,836 +2%
        2022$36,459 +1.5%$2,699,856 +2%
        2021$35,908 +0.6%$2,646,924 +1%
        2020$35,681 +2.6%$2,619,793 +2%
        2019$34,781 +0.9%$2,568,442 +2%
        2018$34,462 +3.8%$2,518,095 +2%
        2017$33,185 +3.4%$2,468,730 +2%
        2016$32,102 +4.4%$2,420,337 +1.5%
        2015$30,751 +5.3%$2,383,994 +2%
        2014$29,195 $2,337,304 +114%
        2013-- $1,092,302 +2%
        2012-- $1,070,889 +2%
        2011-- $1,049,900 +0.8%
        2010-- $1,042,055 -0.2%
        2009-- $1,044,535 +2%
        2008-- $1,024,058 +2%
        2007-- $1,003,986 +2%
        2006-- $984,300 +2%
        2005-- $965,000 -64.6%
        2004-- $2,727,480 +21.5%
        2003-- $2,244,000 +265.1%
        2002-- $614,621
        2001-- $614,621
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Country Club

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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