Silicon Valley Estate Sells for Record-Breaking $117.5 Million

By
Real Estate Agent with Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty DRE# 00901962 Lic.1985

Silicon Valley Estate Sells for Record-Breaking $117.5 Million

by Michelle Carr Crowe, Silicon Valley Luxury home sales 

An investor's impressive estate in Woodside, Calif., sold for $117.5 million in November, 2012, one of the highest prices ever paid for a residential property in the U.S., as reported in the San Jose Mercury News on January 26, 2013.

The sale price for the Mountain Home Road home in Woodside beats the previous Silicon Valley record of $100 million paid for a Los Altos Hills mansion by Russian investor Yuri Milner in 2011 by 17.5 percent.

The past year has seen a resurgence of interest in and sales of luxury homes in Silicon Valley, from Saratoga to Cupertino to Palo Alto and beyond.

Luxury Home Buying Process California Association of Realtors Michelle Carr Crowe blog image

According to public records, the seller was private equity investor Tully M. Friedman, and an undisclosed buyer represented by SV Projects.

The Mercury News reported that Woodside planning records show approval for a 7,500-square-foot home with a 3,245-square-foot basement, plus an underground four-car garage, 780-square-foot detached library and a 715-square-foot retreat building. Other amenities included a tennis court, extensive landscaping, an elliptical garden room, a pool and a 1,117-square-foot colonnaded pool house.

I know of a fabulous $5 million estate lot in Palo Alto available off-market where a buyer could build a similar Silicon Valley dream home. Just Call 408-252-8900.

http://www.mercurynews.com/business/ci_22453809/woodside-estate-sells-117-million-near-record-luxury?IADID=Search-www.mercurynews.com-www.mercurynews.com

Posted by

Aloha & God Bless You, 

Michelle Carr Crowe Just Call 408-252-8900 sign image

 

Michelle Carr Crowe of the Get Results Team Real Estate Agent . Author . Coach . Trainer DRE #00901962 Licensed to Sell since 1985

P: Just Call ... 408-252-8900
F: 408-947-1585
E: GetResultsTeam@gmail.com
1190 S. Bascom Ave., Suite #118
San Jose, CA 95128
www.MichelleJudyCarr.com

Michelle C. Carr-Crowe and the Get Results Team (established by the late legendary Silicon Valley super agent Judy Carr) are known as the "Lynbrook and Cupertino Schools Experts." Coaching clients to success is Michelle's passion, making her and her team creative catalysts for positive change in people's lives. She is a Silicon Valley-based multi-million dollar real estate consultant, author, coach and trainer who works by referral only.

Her designations have included: Accredited Buyers Representative (ABR), Accredited Consultant of Real Estate (ACRE), Accredited Luxury Home Specialist (ALHS)Accredited Staging Professional (ASP)Certified Distressed Property Expert (CDPE),  Property Marketing Expert (PME), Real Estate CyberSpace Specialist (RECS), and Senior Real Estate Specialist (SRES).

Michelle is an internationally-published freelance writer with over 1,200 traditional articles in print and online, co-author of two books on Silicon Valley-specific real estate as well as over 68,000 blog posts on Blogger, ActiveRain, Examiner, FaceBook, Realtor, Trulia, RealBird and others. She enjoys reading, traveling, animals, nature, family, dancing, staging, consulting, coaching and praying. Check out her blog at www.activerain.com/results or visit her online at www.michellejudycarr.com or www.lynbrookhighhomes.com. For RE$ult$ ... Just Call ... (408) 252-8900.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
California Santa Clara County Palo Alto
Groups:
Luxury Real Estate
San Francisco Real Estate
Advice for Sellers
HyperLocal Neighborhood and Community Posts
2013 BIG Jumpstart Blog Challenge
Tags:
blogs
michelle carr
michelle carr crowe
silicon valley luxury homes
silicon valley estate sells for recordbreaking 1175 million

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
596,598
Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

Michelle, even if you combine the square feet of all the buildings it's still over 850 dollars per square foot, Wow! I'd love to see photos.

 

Jan 28, 2013 05:00 PM #1
Ambassador
2,036,323
Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Nancy-me too. Like most ultra-high-end luxury properties is was an off-market sale.

Jan 31, 2013 03:19 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
2,036,323

Michelle Carr Crowe,Altas Just Call...408-252-8900!

Family Helping Families Buy & Sell Homes 40+ Years
Subscribe,Sell,Search San Jose Homes for Sale Cupertino Schools
*
*
*
*
Spam prevention

Additional Information