Daily Trade News

Elon Musk pulls Bay Area home off the market again


Turns out, it’s hard to sell off all your possessions. Especially when one of those possessions is a historic 100-year-old Hillsborough mansion on 47 acres of land.

Elon Musk tweeted in May 2020 that he was selling “almost all physical possessions. Will own no house.” He has almost succeeded in fulfilling this promise, offloading at least six real estate properties in Los Angeles in favor of focusing on space travel through his company SpaceX.

But the Silicon Valley house remains, after starting on the market at $35 million in May 2020, being removed in November 2020 and relisted at $37.5 million in June 2021. The house quietly went off the market last week, according to Zillow.

The 16,000-square-foot mansion features 6 bedrooms and nine and a half bathrooms, in addition to a ballroom, a grand formal banquet room, a flower-arranging room and a library. Outside, there are sprawling gardens and private hiking trails. There’s also a detached three-car garage, an eight-car carport and motor court parking.

Musk expressed on Twitter that he wanted the home to be sold to a family that would use it — though that may be harder than he anticipated. After listing for $100 million in 2013, the home last sold to Musk in 2017 for $29.85 million.

Musk confirmed via Twitter in June that he had moved to Texas in December 2020 and is reportedly renting a home from SpaceX in Boca Chica, Texas.




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