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‘PayPal Mafia’ vet trims $1M on Glen Park mansion ask
On and off market since Rabois’ move to Florida
“PayPal Mafia” veteran Keith Rabois is once again looking to sell his Glen Park mansion more than a year after announcing his move to Florida.
The four-bed, seven-bath home, at 2 Everson Street, has been on and off the market since December of 2020. The compound contains a 6,230-square-foot house located at the end of a cul-de-sac. The property surfaced on listing sites yesterday with a price of $11 million, a cut of $1 million from its original ask.
The home is just across the street from where Rabois proposed a sort of private sports compound that rankled neighbors. That property, at 43 Everson Street, is currently off the market. In 2017, Rabois submitted an application to build a three-story addition to the 43 Everson Street site, with plans for the installation of a basketball court, a gym and a sauna. His renovation plans were met with pushback from neighbors, who argued that the proposed structure was inappropriate for the neighborhood.
“I have no problem with him spending his money; he should be spending that in Pacific Heights,” Joe O’Donoghue, one of Rabois’ neighbors, said during a San Francisco Planning Commission hearing.
Rabois announced his plan to leave San Francisco in October of 2020. On his way out, he criticized the city, saying that it’s “massively improperly run and managed.”
In December of that year, he paid a record $28.9 million for a waterfront mansion in Miami Beach. He bought the property, a 15,000-square-foot home at 1429 North Venetian Way, from Andre Radandt, the former CEO of Bolthouse Farms.
Rabois was an early executive at PayPal, Square, and LinkedIn. He is part of what is known as the “Paypal Mafia,”a group of wealthy Silicon Valley executives that count Elon Musk and Peter Thiel among its dozen or so members.