Elon Musk Officially Exits California After Taking $30M for Last Remaining Home

Elon Musk Officially Exits California After Taking $30M for Last Remaining Home

Published: December 4, 2021 | By: American Luxury Staff

The Bay Area home of progressive-minded SpaceX and Tesla CEO Elon Musk has found a new buyer this month. The property is one of eight homes in the Golden State that Musk has sold off in the past couple of years. The transaction closed at $30 million.

Musk listed all his California properties privately in 2020. A couple of them hit the market in Bel-Air with a combined price tag of $39.5 million; they found takers near ask. Four more Bel-Air listings were soon added; they sold in fairly short order for a combined $62 million, with the lot changing hands in December of last year. The properties included a modern, a 17,000 sq. ft. chateau, and the most interesting home of the lot — the former haunt of comic actor and writer Gene Wilder. There is also a superb modern Musk sold for $3.9 million back in 2019.

The property in question, however, is located in Hillsborough, a popular bedroom community for Silicon Valley’s more well-heeled figures. The 1916-built mansion is formal inside and out; manicured hedges, groomed lawns and a circular fountain in the motor court frame it, its exterior appears to suggest the architecture of Provence, and its interiors include ‘classical’ details: black and white tile floors, original light fixtures (or very convincing analogues thereof), and marble molding.

The home’s period is sustained by its materials and its living style, and by the retaining of additional features, including the original butler’s bell system. Specialized spaces in the 16,000 sq. ft. house include a library with leather-clad walls.

The estate’s grounds speak for themselves: 47.4 acres of breathing room just south of San Mateo.

Musk’s net worth is around $300 billion, up from $2 billion in 2012. Gone to plaid, indeed.

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