The property with the second largest gap in assessed and current market value previously served as the residence of Robin Williams and his former wife and Mrs. Doubtfire producer Marsha Garces Williams.
There is a nearly $19 million difference between the $5.7 million assessed value of the property and the Zestimate market value of $24.7 million. Its $74,286 property tax bill in 2023 translates to a 0.3% effective tax rate.
A new buyer at the current $25 million asking price would pay some $295,000 in annual property taxes.
Originally built in 1926 by the wealthy Olsen family, who made their fortune in lumber and shipping, the property sits a short distance from China Beach between the Presidio and Lands End. The expansive 17,000-square-foot corner lot is located in Sea Cliff, a posh neighborhood of San Francisco renowned for its collection of estates with pristine ocean views.
In the early 1990s, Marsha and Robin Williams renovated the Italian Renaissance-style villa with six bedrooms, five bathrooms and three half-bathrooms. Marsha and Robin Williams lived at the property for more than a decade and raised their children in the home after purchasing it for $3.2 million in 1991, according to property records. The couple divorced in 2010, and Marsha took over ownership of the home after they separated.
