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The Gap Founders’ Family Retreat Lists For $100 Million In America’s Most Expensive Zip Code

Emma Reynolds | Forbes

The Atherton Estate, the summer retreat of The Gap Inc. founders, has hit the market for $100 million, making it the most expensive listing in the city and the ninth largest estate in all of Atherton.

Home exterior
The Atherton Estate is the ninth largest estate in all of Atherton. BERNARD ANDRE

Located in America’s most expensive zip code in Atherton, California (between San Francisco and San Jose), the eight-acre estate includes The Main Home, The Secondary Home and The Gardens. Doris Fisher and her late husband, Don, who revolutionized the retail industry with Gap, first bought the property in 1975, and since then, the couple and their family have transformed the property. All parcels are located at 154, 170 and 178 Atherton Avenue in the coveted Circus Club neighborhood, surrounded by California live oaks, pristine landscaping and expansive green lawns. 

The Main House
The Main House features five bedrooms and four bathrooms. BERNARD ANDRE

“What the Fisher family has created in this property would be impossible to replicate today without decades of thoughtful patience,” says Brent Gullixson, a broker with Compass who is co-listing the property with his mother, Mary Gullixson. “This is a once in lifetime opportunity to own one of the ten largest properties in Atherton.”

Pool and tennis court
The Main Home features a pool, tennis court and pool house. BERNARD ANDRE

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The fully leveled estate has four gated entrances, including a grand main entrance. The Main Home, which spans nearly four acres, has five bedrooms and four bathrooms, including two en suites, as well as a pool, tennis court, pool house and beautiful living areas. It was designed by San Francisco interior designer Michael Taylor and prioritizes indoor-outdoor living with wonderful views over the lush lawn. 

The main entrance
There are four gated entrances, including this main grand entrance. BERNARD ANDRE

“This listing is the largest real estate offering since 2011 when a 12-acre property on Atherton Avenue sold,” says Mary Gullixson of Compass. “Properties like these are generational opportunities to own in the most desirable location of the Bay Area.”

Winding path
The estate features winding paths between parcels. BERNARD ANDRE

The Secondary Home sits on two acres and is perfect for entertaining. Separate from the main living area is a detached one-bedroom and one-bathroom guest house. The Estate also features the Fisher family’s museum-quality sculpture garden filled with sculptures they’ve collected over the years in the third parcel of land, The Gardens.

Elegant and sophisticated interiors
San Francisco interior designer Michael Taylor helped design the home. BERNARD ANDRE

Also spanning two acres, The Gardens house the family’s contemporary and striking sculptures with manicured walking paths throughout to enjoy the art. The Gardens also have multiple wells for irrigation to all the land. 

Hallway with art collection
The Fisher family has an incredible art collection. BERNARD ANDRE

There is an opportunity for future owners to build on the property, whether for ancillary buildings or other amenities.

Living area
The Fisher family has transformed the property since they first bought it in 1975. BERNARD ANDRE

The Fishers, renowned in the art world, are major donors to the arts and have significantly supported SFMOMA over the years. Their collection rivals many museums or private exhibition spaces, and their home reflects their passion for the arts. 

Aerial view of the three parcels
An aerial view of the three parcels. BERNARD ANDRE

Land of this size is rare in Atherton, which is known as a summer destination for those looking to escape foggy San Francisco in the summer months. The Fisher family, whose primary residence was in San Francisco, would vacation here to enjoy sunny summer days. It’s a very residential city with a population of just 7,000. 

Atherton is located near Menlo Park, where Facebook’s headquarters are, and is less than a 30-minute drive from global tech campuses in Silicon Valley.