Elon Musk Removes ‘Last House Left’ in Bay Area

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  • Musk listed his Bay Area mansion for $ 37.5 million in June in an effort to get rid of all of his properties.
  • The list was taken down last week, according to Zillow files.
  • The billionaire has pledged to sell “all physical goods” in 2020 to finance the colonization of Mars.

Elon Musk nearly kept his promise to sell his entire $ 100 million real estate portfolio.

In June, Musk said he unloaded all of his homes – except for one home in the Bay Area of ​​California he rented for events.

“I have decided to sell my last remaining house,” Musk tweeted of the house in June. “You just have to go to a large family that will live there,” he wrote.

Zillow’s records show the home was put up for sale by the owner on June 13 for $ 37.5 million. The list was then deleted by the owner on September 11, according to Zillow and first reported by the New York Post.

Elon Musk's Bay Area home in a Zillow Listing.

Zillow Listing for 891 Crystal Springs Rd, Hillsborough, CA.

Zillow


The listing boasted that the sprawling 1961 mansion has 16,000 square feet of interior space and sits on 47 acres in Hillsborough, California. The house has an 11-car garage, ballroom, 10 bathrooms for just six bedrooms, and access to hiking trails. “It’s a special place,” Musk wrote in a June tweet.

He bought the property for just over $ 23 million in 2017 from Christian de Guigne IV, whose aristocratic family had owned the property for over a century.

While there does not appear to have been any active push to sell the property as it was listed without an agent, the few months the house has been on the market is a testament to Musk’s larger plan to offload all of his assets.

In May 2020, Musk tweeted that he planned to sell “almost all of his physical possessions” and that he “would not own any homes.”

He spends as much money as possible on colonizing Mars and sells his material goods to fund it, he told Mathias Döpfner, CEO of Insider’s parent company Axel Springer, in an interview in December. He’s already sold a few homes in Los Angeles’ Bel-Air neighborhood, including a $ 7 million house once owned by actor Gene Wilder and a $ 29 million mansion bought by a Chinese billionaire.

“It will take a lot of resources to build a city on Mars,” Musk told Döpfner. “I want to be able to contribute as much as possible to the city,” he continued. “It just means a lot of capital.”

Musk tweeted that his current primary residence is a small, prefabricated house worth $ 50,000 in Boca Chica, Texas, which he leases from his aerospace company SpaceX.

SpaceX completed the world’s first all-tourism flight into orbit this weekend, opening the door to private space tourism and Musk’s ultimate vision for the company.

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