The French-inspired Atherton mansion that 49ers legend Jerry Rice custom-built for himself is back on the market, this time carrying a $35 million price tag. The 12,520-square-foot estate at 267 Atherton Ave. sits on 1.24 acres and includes six bedroom suites, 11 bathrooms, an elevator, a movie theater, a gym and a private guest house.
Rice lived in the home until he sold it in 2013, according to SFGate. The three-story main residence is listed by Pierre and Alex Buljan of Compass, and the current listing shows a price of $2,795 per square foot, per Coldwell Banker, with the listing data last updated Monday. It's a steep climb from the home's last sale: Rice originally listed the property for $22 million back in 2007, but it ultimately sold for just $9 million, SFGate reports.
Inside the Hall of Famer's Custom Build
The gym still holds Rice's own workout equipment, paired with a recovery room featuring a steam shower and sauna, according to a listing description from the Buljan Group. Elsewhere in the house, a theater room shows off Art Deco detailing with tiered seating, while a wine room holds up to 1,000 bottles. The home also has what's described as a hobby room and a dog run, per the same SFGate report.
Outside, the grounds include a pool and spa, an outdoor kitchen and dining area, a stone fireplace and a putting green, SFGate notes. The Buljan Group listing adds that the estate includes a separate guest house with its own kitchen and bathroom, plus an underground seven-car garage equipped with a Tesla charging station.
A Hot Market for Atherton's Priciest Addresses
Rice's relisted mansion lands in a market where Atherton's median home price hit a record $8.33 million in 2025, according to The San Francisco Standard. Homes priced between $20 million and $30 million in the area are drawing multiple offers and often selling above asking, with demand that The Almanac says mirrors the peak of the pandemic-era market in 2021. Across the Midpeninsula, more than 60% of listed homes were selling fast in the first quarter of this year, with a median of just eight days under contract and only 1.7 months of inventory, per the same report.
Large lots are especially prized right now: parcels of at least 20,000 square feet are fetching multiple offers and often selling $1 million to $2.5 million over list price, The Almanac reports. Three of the 51 single-family homes sold in nearby Menlo Park during the first quarter went for more than $1 million above asking.
Nine-Figure Neighbors on the Peninsula
Rice's estate joins a crowded field of ultra-luxury Atherton listings. A 1.4-acre spread with a newly built 17,000-square-foot contemporary mansion, featuring nine bedrooms and a dozen full bathrooms plus a wellness wing with a Japanese soaking tub, Finnish sauna and steam room, is asking $49.9 million, according to Robb Report. Villa Anahid, a newly completed 13,000-square-foot mansion with five bedrooms, six baths and an accessory dwelling unit, listed for $57.5 million last November — described by the Standard as the highest asking price for an Atherton home that year.
Not every big-ticket Atherton sale closes at the top of the market, though. A 12,000-square-foot home once owned by Marc Andreessen sold for $27 million in 2025, 10% under its listing price, the Standard reports. The biggest Atherton sale so far in 2025 went for $52 million, for the home of Stephen Luczo and Agatha Relota Luczo.
Rice later left the 49ers and signed with the Oakland Raiders in 2001. Whether his former Atherton estate draws the kind of bidding war now common for the area's priciest listings remains to be seen.
