Looks like Elon Musk sold more than just Tesla stock this week. According to Mansion Global, the billionaire CEO has officially closed on his last remaining property, a luxurious 16,000-square-foot mansion in California’s Silicon Valley.
The property, located in Hillsborough, California, just south of San Francisco, sold for $30 million USD. According to the California Multiple Listing Service (MLS)’s records, the mansion was originally listed for $37.5 million in June, before being toned down to $31.99 million in October.
The identity of the buyer has not been made public. With the sale, Musk has fulfilled a promise he made last year to “own no house.”
I am selling almost all physical possessions. Will own no house.
— Elon Musk (@elonmusk) May 1, 2020
Days after publicizing plans to sell all of his properties, Musk listed two of his homes for sale in May 2021. The Tesla and SpaceX CEO also sold three of his Bel-Air, Los Angeles, homes by year’s end, leaving the 46-acre Hillsborough property as his “last remaining house.”
The 100-year-old estate, known as Guignécourt, has a long and colorful history. The mansion was originally built in 1912 by Count Christian de Guigné, a member of the French nobility who moved to the state after marrying a California Gold Rush heiress.
The property remained in the de Guigné family for over a century before Musk snapped it up for $23.4 million in 2017.
The mansion is located on what is today one of the largest parcels of land in the area, featuring hiking trails and a reservoir. Not that Musk had any more use for any of that, considering the Tesla boss and world’s wealthiest man moved to Texas from California late last year.
When Musk is spending his time at Starbase in Boca Chica, Texas, he is renting a pre-fabricated home that’s only 375 square feet in size, allowing him to stay close to the site for his work as CEO of SpaceX.
My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It’s kinda awesome though.
Only house I own is the events house in the Bay Area. If I sold it, the house would see less use, unless bought by a big family, which might happen some day.
— Elon Musk (@elonmusk) June 9, 2021
Now that I have made some improvements, I’m pretty sure it’s worth $69k haha
— Elon Musk (@elonmusk) June 9, 2021
