Tue, 30 Nov 2021

SAN FRANCISCO, California: The Silicon Valley home of Tesla founder Elon Musk, which he originally bought for $29.85 million in 2017, has been re-listed for $32 million, more than $5 million less than its previous listing of $37.5 million.

According to Zillow, where the home was previously listed, Musk's historic 100-year-old Hillsborough mansion was no longer for sale last month, but this was not the first time the property was quietly de-listed.

The home, which is now being managed by Mary and Brent Gullixson of Compass and was for sale for $100 million in 2013, is located on 47 acres of land and has seven bedrooms and nine and a half bathrooms, spanning a total area of 16,000-square feet.

"The dining room and music room can now be combined into one space with a hydraulic lift wall that disappears when needed," the online listing said.

The home also has a library with leather walls, a detached three-car garage, an eight-car carport and motor court parking.

Musk's decision to sell his remaining house in the Bay Area came after he recently announced, at a shareholder meeting, the company's move from Palo Alto to Austin, blaming the Bay Area's high cost of living for the relocation.

Musk also stressed that he has been focusing on space travel with his company, SpaceX, and tweeted, in May 2020, he was getting rid of "almost all physical possessions and will own no house."

Most of his houses have already been sold, including at least six properties in Los Angeles.

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