Tech mogul and space entrepreneur Elon Musk has found a buyer for his last remaining residential property, a historic California estate that’s on the market for nearly $32 million.
The 16,000-square-foot mansion in Hillsborough, California—an affluent area of Silicon Valley—went under contract over the weekend for an unspecified sum, according to the Multiple Listing Service. No public information about the price or buyer has been released, as the sale has yet to close.
Mr. Musk, 50, first announced that he was selling the European-style home in a tweet in June, saying he had “decided to sell my last remaining home. Just passing it on to a large family who will live there.” He listed the home shortly afterward for $37.5 million.
Also known as Guignécourt, the home sits on 47 acres—one of the largest lots in the area—with views of the San Francisco Bay and the city skyline. The home was built in 1912 by a French aristocrat, Count Christian de Guigné, who came to California and married Mary Katherine Parrott. De Guigné later founded the Stauffer and Leslie Salt Chemical Company, which distributed the mineral around the Bay Area.
According to the listing, the residence has seven bedrooms and nine and a half bathrooms. It features a large living room, a library with leather walls and a fireplace, a gourmet kitchen with a separate chef’s area, and a dining room and music room that can be combined into one large entertaining area.
Unsurprisingly, the 100-year-old home has been upgraded quite a bit in terms of technology. “Infrastructure upgrades include fiber optic cabling under the driveway, a high-end security system, an interior sound system and restoration of some period features,” the Gullixsons said in the listing. The agents declined to comment on the deal.
The beautifully landscaped property features a pond, pool and pavilion, hiking trails, a three-car garage and an eight-car garage.
Mr. Musk purchased Guignécourt in 2017 for $23.4 million through Gatsby LLC, which is connected to another entity, Excession, linked to Mr. Musk’s family office. The property was listed for $100 million before he bought it,
