If you've ever wondered what $22.5 million buys you in San Francisco real estate — besides a crippling property tax bill and the eternal envy of your neighbors — Pacific Heights has an answer.

A modern home designed by architect Olle Lundberg, the same guy who designed Larry Ellison's house, has hit the market for the first time in its 25-year history. The property, which has apparently been kept under wraps for a quarter century, is now ready for its close-up in one of the city's most exclusive neighborhoods.

Let's state the obvious: this is not a story most San Franciscans can relate to. When the median home price in the city hovers around $1.3 million and regular folks are sweating over whether they can afford a one-bedroom in the Sunset, a $22.5 million listing feels like it's from another planet. But here's the thing — luxury real estate transactions like this actually matter for the city's fiscal health, whether we like it or not.

San Francisco's property transfer tax on a sale this size would generate a hefty chunk of revenue for city coffers. And the annual property taxes on a $22.5 million assessment? That's real money flowing into a city budget that desperately needs every dollar it can get — ideally spent better than it currently is.

The broader point is this: San Francisco still attracts ultra-high-net-worth buyers willing to park serious capital here, even as the city battles perception problems around crime, homelessness, and a struggling downtown. That's a signal worth noting. The demand for premium real estate in neighborhoods like Pac Heights hasn't evaporated — it's just increasingly disconnected from the reality most residents experience.

So no, you probably won't be scheduling a tour. But if the city plays its cards right, the tax revenue from sales like this could at least help fix a pothole or two on your street. We won't hold our breath.