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Mapping the 10 SF Homes with the Highest Property Taxes

By Tracy Elsen
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By Tracy Elsen

The expenses that come with buying a mega-manse don't stop with the purchase price. There are usually lap pools to install, indoor basketball courts to wax, and, of course, property taxes that far outstrip even a well-paid techie's annual salary. A few months ago we mapped for you the 18 Bay Area homes with the highest property taxes, stretching from Los Altos Hills to Marin. Now, with the latest data from real estate website PropertyShark, we've zeroed in on San Francisco. In doing so we managed to narrow our map down to one very small, very fancy part of town.

The 10 homes that pay the most property taxes in the city are clustered right around Pacific Heights' Billionaires' Row, that infamous stretch of high-end pavement that is home to tech moguls and socialites. A few of the houses don't sit right on Billionaires' Row, but they don't stray more than a few blocks away. Income inequality in San Francisco hasn't yet reached such heights that a hefty property tax bill would cover the cost of a starter home, but it's getting awfully close.


· Mapping 18 Bay Area Homes With the Highest Property Taxes [Curbed SF]
· PropertyShark [Official Site]
· Mapping the Demise of the Working Class in San Francisco [Curbed SF]
· For $399K, This Tiny Modern Cottage in Ingleside Totally Rules [Curbed SF]

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2840 Broadway

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Property value: $33,812,814
Property taxes: $397,064
The details: This 17,000-square-foot home, designed by Willis Polk, sits right in the heart of Billionaires' Row. Larry Ellison is the next-door neighbor, and although he was rumored to have purchased the home for $40 million, the buyer was actually investment banker Roger Barnett.

2840 Broadway Street, San Francisco, CA 94115

2950 Broadway

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Property value: $30,226,608
Property taxes: $354,951
The details: This home was the second-most-expensive sale of 2011, going for $29.5 million to socialite couple Trevor and Alexis Traina. It was designed by early San Francisco starchitect Frederick H. Meyer in 1922 and includes a heated outdoor pool.

2950 Broadway Street, San Francisco, CA 94115

2845 Broadway

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Property value: $29,537,198
Property taxes: $346,855
The details: When this manse sold to Yammer founder David Sacks in late 2012, its interiors were gutted and in need of a lot of work. The home was once on the market for $65 million, making its new under-$30 million value look like a steal.

2845 Broadway Street, San Francisco, CA 94115

2901 Broadway

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Property value: $28,387,254
Property taxes: $333,246
The details: This Italian Renaissance mansion has eight bedrooms and once wanted $58 million. It settled for $28.25 million back in 2012. It had been in the same family for years before its sale and owners were paying only $7,900 in property taxes, a number that has now shot up to more than $300K per year.

2901 Broadway Street, San Francisco, CA 94109

3277 Pacific Avenue

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Property value: $28,068,440
Property taxes: $329,608
The details: The first home on our map to sit off of Billionaires' Row is reportedly home to quite the billionaire. This Pacific Avenue house, valued at more than $28 million, belongs to Salesforce's Marc Benioff.

3277 Pacific Avenue, San Francisco, CA 94118

2701 Broadway

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Property value: $27,665,031
Property taxes: $324,870
The details: This grand home sold for just $5.5 million in 1998, but by 2012 its price had soared to $27 million. The 16,000-square-foot house is large enough to accommodate an indoor basketball court.

2701 Broadway Street, San Francisco, CA 94115

37 Raycliff Terrace

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Property value: $24,161,441
Property taxes: $283,728
The details: This $24 million home belongs to Xochi and Michael Birch, the founders of private club the Battery who got their money by starting social network Bebo. They've owned the home since 2008.

37 Raycliff Terrace, San Francisco, CA 94115

2920 Broadway

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Property value: $24,051,158
Property taxes: $282,443
The details: This 11,455 square-foot home sold for almost $30 million back in 2005, but by 2009 its price had dropped to a mere $23.473 million. Among the highlights are 40 foot glass windows. The owners remain anonymous.

2920 Broadway Street, San Francisco, CA 94115

3070 Pacific Avenue

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Property value: $20,492,615
Property taxes: $240,645
The details: 3070 Pacific sold very quietly back in 2011 for $20 million. This house is a bit of a mystery. All we know is that it has six bedrooms and 8,800 square feet of space.

3070 Pacific Avenue, San Francisco, CA 94115

2750 Vallejo Street

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Property value: $20,000,000
Property taxes: $234,860
The details: This home was the ultimate flip. It was purchased in 2006 for just $4 million with plans to completely demolish the old house. Those plans were rejected, and so it instead underwent a massive, uber-green renovation by Troon Pacific that left it with an outdoor lap pool, a thoroughly modern feel, and a $20 million selling price.

2750 Vallejo Street, San Francisco, CA 94123
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2840 Broadway

2840 Broadway Street, San Francisco, CA 94115

Property value: $33,812,814
Property taxes: $397,064
The details: This 17,000-square-foot home, designed by Willis Polk, sits right in the heart of Billionaires' Row. Larry Ellison is the next-door neighbor, and although he was rumored to have purchased the home for $40 million, the buyer was actually investment banker Roger Barnett.

2840 Broadway Street, San Francisco, CA 94115

2950 Broadway

2950 Broadway Street, San Francisco, CA 94115

Property value: $30,226,608
Property taxes: $354,951
The details: This home was the second-most-expensive sale of 2011, going for $29.5 million to socialite couple Trevor and Alexis Traina. It was designed by early San Francisco starchitect Frederick H. Meyer in 1922 and includes a heated outdoor pool.

2950 Broadway Street, San Francisco, CA 94115

2845 Broadway

2845 Broadway Street, San Francisco, CA 94115

Property value: $29,537,198
Property taxes: $346,855
The details: When this manse sold to Yammer founder David Sacks in late 2012, its interiors were gutted and in need of a lot of work. The home was once on the market for $65 million, making its new under-$30 million value look like a steal.

2845 Broadway Street, San Francisco, CA 94115

2901 Broadway

2901 Broadway Street, San Francisco, CA 94109

Property value: $28,387,254
Property taxes: $333,246
The details: This Italian Renaissance mansion has eight bedrooms and once wanted $58 million. It settled for $28.25 million back in 2012. It had been in the same family for years before its sale and owners were paying only $7,900 in property taxes, a number that has now shot up to more than $300K per year.

2901 Broadway Street, San Francisco, CA 94109

3277 Pacific Avenue

3277 Pacific Avenue, San Francisco, CA 94118

Property value: $28,068,440
Property taxes: $329,608
The details: The first home on our map to sit off of Billionaires' Row is reportedly home to quite the billionaire. This Pacific Avenue house, valued at more than $28 million, belongs to Salesforce's Marc Benioff.

3277 Pacific Avenue, San Francisco, CA 94118

2701 Broadway

2701 Broadway Street, San Francisco, CA 94115

Property value: $27,665,031
Property taxes: $324,870
The details: This grand home sold for just $5.5 million in 1998, but by 2012 its price had soared to $27 million. The 16,000-square-foot house is large enough to accommodate an indoor basketball court.

2701 Broadway Street, San Francisco, CA 94115

37 Raycliff Terrace

37 Raycliff Terrace, San Francisco, CA 94115

Property value: $24,161,441
Property taxes: $283,728
The details: This $24 million home belongs to Xochi and Michael Birch, the founders of private club the Battery who got their money by starting social network Bebo. They've owned the home since 2008.

37 Raycliff Terrace, San Francisco, CA 94115

2920 Broadway

2920 Broadway Street, San Francisco, CA 94115

Property value: $24,051,158
Property taxes: $282,443
The details: This 11,455 square-foot home sold for almost $30 million back in 2005, but by 2009 its price had dropped to a mere $23.473 million. Among the highlights are 40 foot glass windows. The owners remain anonymous.

2920 Broadway Street, San Francisco, CA 94115

3070 Pacific Avenue

3070 Pacific Avenue, San Francisco, CA 94115

Property value: $20,492,615
Property taxes: $240,645
The details: 3070 Pacific sold very quietly back in 2011 for $20 million. This house is a bit of a mystery. All we know is that it has six bedrooms and 8,800 square feet of space.

3070 Pacific Avenue, San Francisco, CA 94115

2750 Vallejo Street

2750 Vallejo Street, San Francisco, CA 94123

Property value: $20,000,000
Property taxes: $234,860
The details: This home was the ultimate flip. It was purchased in 2006 for just $4 million with plans to completely demolish the old house. Those plans were rejected, and so it instead underwent a massive, uber-green renovation by Troon Pacific that left it with an outdoor lap pool, a thoroughly modern feel, and a $20 million selling price.

2750 Vallejo Street, San Francisco, CA 94123