Elon Musk Lists His San Francisco Bay Area Estate for $37.5 Million

A century-old, 47-acre estate just south of San Francisco is for sale by its owner—who happens to be Elon Musk. 

The tech entrepreneur and Tesla CEO tweeted early Monday that he had “decided to sell my last remaining house.” The price tag is $37.5 million. 

Mr. Musk, 49, did not engage a broker, and the listing instructs interested parties to contact the owner. Calls to the phone number provided went directly to an answering service. 

Also the CEO of SpaceX, Mr. Musk has sold nearly his entire property portfolio in recent years in an effort to get rid of his possessions, as he focuses on “multiplanetary” life. Only this Bay Area home was left, and it was being “rented out for events,” he explained in a Tweet last week.

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In fact, he tried to sell the property, located in the town of Hillsborough, last year. The six-bedroom, 10-bathroom home hit the market in May 2020 for $35 million, according to listing records. It was removed in November. 

Mr. Musk bought the estate in 2017 for $23.4 million through Gatsby LLC, which is connected to another entity, Excession, tied to Mr. Musk’s family office. When he completed the purchase, the property had been on the market since 2013, when it was listed for $100 million, Mansion Global reported

The historic European-style mansion dates to 1916, when it was built by Count Christian de Guigné, a French nobleman. He came to California and married Mary Katherine Parrott, whose father, John Parrott, had made a fortune in the Gold Rush era, Mansion Global previously reported. 

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Set on one of the area’s largest parcels of private land, amenities of the estate include views of the San Francisco Bay, a ballroom, a banquet dining room and a “preserved but completely updated professional kitchen,” according to the listing. There’s also a pool, hiking trails, a three-car garage and an eight-car carport.

Mr. Musk did not immediately return request for comment. 

Article source: https://www.mansionglobal.com/articles/elon-musk-lists-his-san-francisco-bay-area-estate-for-37-5-million-01623793339

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