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Elon Musk Lists His San Francisco Bay Space Property for $37.5 Million

A centuries-old 47-acre estate south of San Francisco is for sale from 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 house.” The price is $ 37.5 million.

Mr Musk, 49, has not hired a broker and listing directs prospective buyers to contact the owner. Calls to the given phone number went directly to an answering machine.

SpaceX’s CEO, Mr. Musk, has also sold almost his entire real estate portfolio in the past few years to get rid of his property as he focuses on “multiplanetare” life. Only that house in the Bay Area remained, and it was “rented out for events,” he stated in a tweet last week.

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

Mr Musk bought the property in 2017 for $ 23.4 million through Gatsby LLC, which is affiliated with another company, Excession, that is affiliated with Mr Musk’s family office. By the time 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 back 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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Located on one of the largest private lots in the area, property amenities include San Francisco Bay views, a ballroom, banquet dining room, and “preserved but fully modernized professional kitchen,” according to the listing. There is also a pool, walking trails, a three-car garage, and an eight-car carport.

Mr. Musk did not immediately return the request for comment.

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