Elon Musk Lists Final San Francisco Home For $37.5 Million

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Elon Musk, Tesla CEO, SpaceX CEO, and one of the wealthiest men in the world, is ready to bid farewell to his last remaining property in San Francisco, California and focus on his mission to Mars.

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.

For more on the latest in luxury real estate, visit www.hauteresidence.com.

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