The San Francisco estate of Metallica guitarist Kirk Hammett returned to the market Thursday with a freshly reduced $13 million price tag.

Multiple reports, including from Realtor.com, identify Mr. Hammett as the owner of the Sea Cliff Avenue home. It was purchased in 2005 for $5.7 million, according to property records, through a trust linked to the band’s attorney.

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Built in 1922, the neoclassical house was first listed in 2016 for $16 million, listing records show. The price dropped to $14 million in February, before it was removed from the market in July.

The house spans 4,180 square feet and has four bedrooms, four-and-a-half bathrooms, oversized windows, a formal living room, a spiral staircase, multiple fireplaces, manicured gardens and views of China Beach, the Pacific Ocean and the Marin Headlands, according to the listing with Pacific Union International’s Mark Allan Levinson.

Mr. Levinson declined to comment to Mansion Global.

Mr. Hammett, 55, a San Francisco native, has been the lead guitarist and a contributing songwriter for Grammy-winning metal band Metallica since 1983. He could not be reached for comment.

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The San Francisco real estate outlook is currently rather sunny. In October, the median house sales price in San Francisco hit a new high, surging to $1.58 million, according to a report by Paragon Real Estate Group. A major factor in the increase, more than $100,000 above the previous peak in May, was that October was a record-breaking month for luxury house sales, the report said.

That said, Mr. Hammett’s house isn’t the only high-end property to see a price cut in the Northern California city. A $13.5 million house designed by Bernard Maybeck got a $2.5 million discount earlier this fall.