$20,800,000 | Built c.1904 | 9 Beds | 7.5 Baths | 18,788 Sq. Ft. | 0.47 Acres
A landmark mansion in San Francisco’s Presidio Heights originally built for one of the city’s most prominent families of the era has been reduced to $20.8 million. The 18,000 square foot sandstone mansion was modelled after Marie Antoinette’s Petit Trianon located on the grounds of Versailles and was constructed between 1902 and 1904 for wool merchant Marcus S. Koshland and his wife Corrine. Just two years after construction was completed, the mansion suffered severe damage during the 1906 San Francisco earthquake. The residence is currently a designated San Francisco and National Historical Landmark and is considered by many as one of the city’s prized architectural masterpieces. Over the course of its 115-year history the mansion has been sold numerous times. It sold in 1953 for $100,000 to Walter E. Buck, in 1975 for $675,000 to Paul Renne and after it was venue for the 1982 San Francisco Decorator Showcase it sold to gallery owner Heidi Betz for $1,500,000.
It changed hands a few more times before internet tycoon Halsey Minor purchased it for $22 million in 2007. He had planned to pour several more millions into the property, however those plans changed when he was met with financial struggles. The mansion had fallen into a state of disrepair and was abandoned for several years. According to Mansion Global, a man named Jeremiah Kaylor illegally squatted in the mansion for months, selling off art and accessories before eventually being arrested and charged. The property sold again in 2016 for $12 million to Ron Jankov, who followed through with plans of renovating and bringing the once opulent residence back to her former glory. Mansion Global reported that the plumbing was shot, the roof was leaking, stucco was peeling and mold had set in. The San Francisco Decorator Showcase took over the historic mansion for a second time, drastically transforming many of the home’s formal rooms to showcase the talent’s of local designers. There are twenty rooms with nine bedrooms, six full and three half bathrooms, two kitchens, nine decorative fireplaces, a ballroom and grand-scale main staircase. The property is on the market for $20.8 million with Joel Goodrich.