Property Profit

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Thursday, 24 January 2013

A Very Big Deal Goes Quietly Down in the Bay Area

Posted on 11:25 by Unknown
It seems the global economy isn't suffering much if you're among the super-rich of the world.

Thanks to the fine folks at SF Luxe, Your Mama has learned that a sprawling Silicon Valley estate in hoity-toity Woodside, CA just sold for—buckle your real estate safety belts, butter beans—a mind-numbing and record-breaking $117,500,000.

The seller, according to previous reports and property records we peeped, was San Francisco-based financier Tully Friedman. The deep-pocketed buyer, shielded behind a mysterious limited liability company, has yet to be revealed but Your Mama hears through the Silicon Valley real estate gossip grapevine that the buyer might be a Korean banker who—so the story goes—bought the property as a summer getaway for his wife—or maybe his mistress—who may want to embark on some sort of remodel.

Bueller? Bueller? Anyone? Bueller?

The Neoclassical main mansion, according to noted classical architect Allen Greenberg's website, occupies "an elaborate hilltop garden" and reflects a "strong Palladian tradition" that's " planned around hyphens and dependencies and features a double volume, elliptical garden room." We don't really know what an architectural hyphen or dependency is but it certainly sounds high fallutin' don't it? The San Mateo County Tax Man shows the house measures 8,930 square feet and contains just four bedrooms and 4.5 bathrooms but we really can't vouch for the accuracy of those numbers.

The nearly nine acre gated estate also includes acres of elaborate and meticulously maintained formal gardens, at least one reflecting pool, broad expanses of painstakingly manicured lawns, lots and lots of parking and a swimming pool complex with spa and a pool house Your Mama would bet is twice the size of our own house.

The super-sized transaction, which went down very quietly in late November (2012), makes it the most expensive private residence in California and it's likely to be the second or third highest price ever paid for a private home in the United States. Chicago hedge fund fat cat Ken Griffin and wife Anne Dias-Griffin allegedly and possibly coughed up $130 million for a quartet of contiguous properties in Palm Beach late in 2012 and the 124,000 acre Broken O Ranch in Montana—last listed for $132,500,000—was acquired late last year by multi-billionaire businessman Stan Kroenke and wife Ann for an undisclosed amount believed to be in the nine figures. Ann (Walton) Kroenke, for the record, is the daughter of Wal-Mart co-founder Bud Walton.

The wily SF Luxe folks dug up a small cache photos of the property and is it ever a doozy worth having a look-see at. Run don't walk before they're forced by an angry army of attorneys to take them down!

NOTE FROM YOUR MAMA (01-01-13): The Los Angeles Times subsequently suggested the buyer may be Masayoshi San, the CEO of SoftBank and one of Japan's richest men with a fortune in the eight billion dollar range.

aerial images: Google
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • End of Week Pick Up Sticks: Cameron Diaz
     Even though she already has a glammy New York City pied-a-terre worked over by maximalist queen bee Kelly Wearstler —it was recently featur...
  • Did Daniel Craig Do It in Spilsby?
    In March (2013) there were a handful of unverified reports in local media outlets that well-compensated British actor Daniel Craig—he's...
  • Reality Television Pioneer Sells Topanga Spread to Billionaire
    SELLER: Jonathan Murray BUYER: Anthony Pritzker LOCATION: Topanga, CA PRICE: $2,650,000 SIZE: 3,664 square feet, 3 bedrooms, 3.5 bathrooms Y...
  • UPDATE: Chris Brown
    Due to his well-documented homophobic slurs and much publicized violent assaults Your Mama knows that a some of y'all don't care to ...
  • UPDATE: The Reserve
    There's little Your Mama loves more than a convoluted real estate ditty. And this one's a doozy so we suggest you grab a candy snack...
  • End of Week Mish Mash
    After nearly four long years on the market Grammy winning singer/songwriter Sheryl Crow re-listed her Tennessee Farm for $3.85 million, $3....
  • Constance Zimmer Sells on Both Coasts
    SELLERS: Constance Zimmer and Russ Lamoureux LOCATION: Los Angeles, CA PRICE: $1,175,000 SIZE: 1,379 square feet, 2 bedrooms, 1.75 bathroom ...
  • Tidbits and Morsels: Michael Jordan
    Seemingly undeterred by its failure to sell earlier this week at an auction of international réclame with a $13 million reserve, His Airness...
  • Mid-Week Morsel: Oprah Winfrey
    Your Mama only read it this week in  The Hollywood Reporter   but several months ago multi-billionaire media maven Oprah Winfrey told her ow...
  • Michael Bay Lists Long-Time Bel Air Digs
    SELLER: Michael Bay LOCATION: Los Angeles, CA PRICE: $13,500,000 SIZE: 7,919 square feet, 4 bedrooms, 5.5 bathrooms YOUR MAMAS NOTES: Given ...

Blog Archive

  • ▼  2013 (445)
    • ►  December (31)
    • ►  November (28)
    • ►  October (37)
    • ►  September (33)
    • ►  August (32)
    • ►  July (41)
    • ►  June (31)
    • ►  May (49)
    • ►  April (42)
    • ►  March (39)
    • ►  February (43)
    • ▼  January (39)
      • Keyshawn Johnson Re-Lists Calabasas Albatross
      • Professional Hoopster Chris Bosh Puts Pacific Pali...
      • Irving Azoff Shakes Up Real Estate Portfolio
      • Peter Morton Does It In Trousdale Estates
      • Your Mama Hears...
      • Jude Law Lists in London's Maida Vale
      • Big Time Banker John J. Mack Lists Duplex Penthouse
      • Texas Businessman Tom Hicks Puts $135M Price Tag o...
      • A Very Big Deal Goes Quietly Down in the Bay Area
      • Hollywood Hot Shot Barry Levinson Shakes Up East C...
      • Ethan Hawke Lists Multi-Colored Two-Family Manhatt...
      • Your Mama Hears...
      • Is Lindsey Buckingham Downsizing?
      • Serena Williams Sells L.A. Condo
      • More Week End Wrapping Up
      • The Week End Wrap Up
      • William H. Macy and Felicity Huffman Buy House Nex...
      • Judge Judy Lists Pricey Pied-à-Terre
      • Debra Messing Tosses Bel Air Manse onto Open Market
      • Your Mama Hears...
      • A Posh New Penthouse for Writer/Producer David Chase
      • Barry Bonds Lists Beverly Park Behemoth
      • UPDATE: Howard Marks
      • Francois Pinault Snags Sassoon's Singleton House
      • Kelly Ripa and Mark Consuelos List Big Apple Penth...
      • Eriq La Salle Lists Beverly Hills Faux-Tuscan
      • Madonna Wants To Let It Go in Beverly Hills
      • (More) Rumor and Speculation: Howard Marks
      • Kim and Kanye Bite the Real Estate Bullet in Bel A...
      • Bunny Mellon Sells Cape Cod Compound to Billionair...
      • The Great Peter Madoff Real Estate Sell Off
      • UPDATE: Petra (Ecclestone) Stunt's New Manor
      • UPDATE: Kim Zolciak
      • UPDATE: Howard Marks in Malibu
      • UPDATE: Kelsey Grammer
      • Petra (Ecclestone) Stunt Sells Up in London, Too
      • Did Ken Griffin Spend $130 million in Palm Beach?
      • Racing Heiress Tamara Ecclestone Lists in London
      • Reese Witherspoon Unloads Celebrity Pedigreed Lot
  • ►  2012 (55)
    • ►  December (35)
    • ►  November (20)
Powered by Blogger.

About Me

Unknown
View my complete profile