Elon Musk

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Last May, Elon Musk claimed that he would be selling his $100 million real estate portfolio in order to prioritize funding a colony on Mars. His motivation in selling off his "earthly possessions" is to emphasize the intentions and intensity regarding his mission of moving humans to Mars. Musk has since sold most of his properties including Gene Wilder’s former Los Angeles home for $7 million. However, the final remaining residence awaiting purchase is his “special place” in San Francisco.

In 2017, the business magnate purchased a lavish San Francisco home for $23.4 million, reportedly designating the property for events. In May of 2020, after publicly announcing the sale of his real estate portfolio, Musk listed the property for $35 million. A deal had not yet been closed in the months following leading him to eventually remove the listing in November. Yesterday, Musk once more listed the home at heightened price of $37.5 million. Reportedly, Musk currently resides in a Boca Chica, Texas property rented from his aerospace company SpaceX for less than $50 thousand.

Located south of San Francisco, Musk’s former “special place” is a historic 100-year-old mansion in Hillsborough. Spanning 16,000 square feet and 47 acres of land, the extravagant property includes 10 bedrooms and 9.5 bathrooms. The interior features a state-of-the-art professional kitchen, grand ballroom, formal banquet room, flower arranging room, and library. Stepping outside, the expansive exterior space offers a swimming pool, custom made pond, landscaped gardens, private hiking trails, and picturesque views of the Bay. Other perks include a detached 3-car garage, 8-car carport, and motor court parking.

The property is listed directly by the owner on Zillow.

The post Elon Musk Lists Final San Francisco Home For $37.5 Million appeared first on Haute Residence by Haute Living.

What local amenities does this area have to offer (parks, community center, recreation programs)?

There are parks, a wonderful recreation program and a huge bonus – Hillsborough has its own Police and Fire Departments

Can you describe the local school system, and what type of education children get here (private, public, charter - focus on sports, the arts, etc.)?

The public school system within the town of Hillsborough rated as one of the top school systems on the San Francisco Peninsula

What is the community culture like (i.e. private, gated, urban, diverse, etc)?

Hillsborough is a community of single family homes.  There is a diverse culture with strong emphasis on its outstanding school system and community involvement.

What is transportation like to the area's major surrounding cities, or within the city?

 Public transportation is easily accessible nearby in the downtown area of Burlingame.

Is there a strong political presence or community leader involvement in this area?

Yes, an elected board of community volunteers, Hillsborough provides an online and print newsletter for its residents and focuses on excellent communication between the Town Hall and residents.

Are there any local traditions that bring the community together? (sports events, charity events, sales, holiday celebrations)

Hillsborough celebrated its 100^th birthday this year with a parade, there are classes and training sessions at our town hall for the community as well as  an Emergency Response Program

What is the job market like or major industries that are at the core of this area?

Biotech and Technology firms as well as Financial related are a large majority of the industry locally.

hillsborough real estate

835 Chiltern Road, Hillsborough

List price $38,500,000*

This world class estate is situated on more than 6 acres of manicured grounds. The main house spans some 36,000 square feet and while it ranks as one of the West Coast’s largest private residences, is also a warm and family friendly home. Fireplaces, lush carpeting, and beautiful decor lend coziness to the bedrooms, family rooms and other living areas while formal rooms can accommodate entertaining on a grand scale.  Interiors abound with museum-quality artifacts, and amenities include automated lighting, heating, and air conditioning systems, state of the art screening room, indoor lap pool, racquetball and squash court, gymnasium, tennis court, and guest house.

*Includes furnishings and art (seller to provide exclusion list)

Adjacent 2.5 acres available for purchase

To learn more about Susan Herman, Hillsborough Real Estate, or 835 Chiltern Road, visit her HLRN Profile:

http://dev.hauteresidence.com/member/susan-herman/

The post Suburban Exclusivity: Industry Leader Susan Herman On The Hillsborough Real Estate Market appeared first on Haute Residence by Haute Living.