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.
Active
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
- 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#: 326059605
Originating 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
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $14,500,000-3.3% |
Source: | ||
| 7/8/2026 | Listed for sale | $15,000,000+0.3% |
Source: | ||
| 3/3/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/1/2024 | Listed for sale | $14,950,000+92.2% |
Source: Owner Report a problem | ||
| 8/2/2018 | Listing removed | $7,777,777 |
Source: Bradley Real Estate #21725477 Report a problem | ||
| 5/25/2018 | Price change | $7,777,777-11.1% |
Source: Bradley Real Estate #21725477 Report a problem | ||
| 11/2/2017 | Listed for sale | $8,750,000-32.4% |
Source: Bradley Real Estate #21725477 Report a problem | ||
| 9/17/2017 | Listing removed | $12,950,000 |
Source: Bradley Real Estate #21623034 Report a problem | ||
| 10/10/2016 | Listed for sale | $12,950,000+30.2% |
Source: Bradley Real Estate #21623034 Report a problem | ||
| 2/19/2014 | Listing removed | $9,950,000 |
Source: Bradley Real Estate #21310539 Report a problem | ||
| 1/22/2014 | Listed for sale | $9,950,000-20.4% |
Source: Bradley Real Estate #21310539 Report a problem | ||
| 10/2/2013 | Listing removed | $12,500,000 |
Source: Bradley Real Estate Report a problem | ||
| 6/13/2013 | Listed for sale | $12,500,000 |
Source: Bradley Real Estate-Novato #21310539 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: Country Club
Local buyer's agents are ready to help


