Multibillionaire Elon Musk has landed a buyer for his Hillsborough, CA, home. Listed for nearly $32 million, the 16,000-square-foot estate outside of San Francisco is pending sale.
In June, the tech entrepreneur announced on Twitter that he had decided to let go of “his last remaining house.”
The mansion “just needs to go to a large family who will live there. It’s a special place,” Musk said at the time.
Musk purchased the property in 2017 for $23,364,000. It had recently been rented out for events.
The Tesla CEO, who has reportedly been living in a humble home in Texas that he rents from his SpaceX company, has said he plans to direct all his assets toward his future mission to colonize Mars.
Hillsborough home
5/5
Hillsborough home (Realtor.com)
1/5
Living room (Realtor.com)
2/5
Chef’s kitchen (Realtor.com)
3/5
Library (Realtor.com)
While he’s been wildly successful in business, Musk did hit a few hurdles in selling his Hillsborough home. On his own, he listed the massive estate in June for $37,500,000. He had no luck making a deal, so he turned to the traditional route, engaging listing agents Mary and Brent Gullixson with Compass in October.
The property was relisted with a $5 million reduction, which appears to have enticed a potential buyer.
