Elon Musk officially owns no homes: Tesla CEO sells lavish Silicon Valley estate for $30 million

The world’s second richest man has kept his promise to ‘own no house’.

Elon Musk, the CEO of Tesla and SpaceX, sold his Silicon Valley estate on Thursday for $30 million, $7.5 million less than the original asking price of $37.5 million first listed in June, according to the data. He struggled to sell the house three times before finding a buyer.

Musk, who has a net worth of $151 billion, had previously shared that the 47-acre estate south of San Francisco was his “last remaining home.”

The new owner of the Hillsborough, California mansion at 891 Crystal Springs Road has not been publicly named.

The 16,000-square-foot estate features seven bedrooms, seven bathrooms, a music room, a grand ballroom, and a cocktail room with retractable library shelves.

Elon Musk sold his Silicon Valley estate for $30 million, the last of his seven homes in California, and moved to Texas. This 109-year-old European-style home sits on 47 acres of land south of San Francisco

The seven-bedroom, seven-bathroom white house is surrounded by beautiful greenery that you can enjoy while strolling along the property's walkway

The seven-bedroom, seven-bathroom white house is surrounded by beautiful greenery that you can enjoy while strolling along the property’s walkway

The century-old house has a beautiful interior with intricate moldings, mirrored walls and marble designs

The century-old house has a beautiful interior with intricate moldings, mirrored walls and marble designs

A beautiful golden candlestick hangs in one of the many impressive rooms with large floor-to-ceiling windows

A beautiful golden candlestick hangs in one of the many impressive rooms with large floor-to-ceiling windows

The all white kitchen has a long marble table, wooden pantry doors and matching tiles

The all white kitchen has a long marble table, wooden pantry doors and matching tiles

“The dining room and music room can now be combined into one space with a hydraulic lift wall that disappears when needed,” said one of the lists.

Musk had previously said he wants to sell it to a large family who will live in the house. “It’s a special place,” he tweeted.

Musk currently lives in a house he rents worth $50,000 in Boca Chica, Texas near his Space Exploration Technologies Corp. Starbase missile factory, where he moved last year.

My primary home is literally a ~$50k house in Boca Chica/Starbase that I rent from SpaceX. It’s kind of awesome,” Musk tweeted.

Last year, the eccentric billionaire indicated he was planning to sell all his homes in a bizarre Twitter rant: “I sell almost all physical assets. Won’t own a house.’

Beautiful blue-green tiles cover the kitchen floor and add a pop of color to the pristine open space

Beautiful blue-green tiles cover the kitchen floor and add a pop of color to the pristine open space

The state-of-the-art cooking area has a large white marble island to match the table next door

The state-of-the-art cooking area has a large white marble island to match the table next door

The second richest man in the world sold this 16,000-square-foot estate for $7.5 million less than its original $37.5 million

The second richest man in the world sold this 16,000-square-foot estate for $7.5 million less than its original $37.5 million

He said he did it as a way to defuse criticism of his wealth, telling podcast host Joe Rogan last May, “I think possessions weigh on you a bit. And they’re kind of an attack vector. People say, ‘Hey, billionaire, you got all this stuff.’ “Well, now I don’t have the stuff – what are you going to do now?”

At the time, Musk owned seven homes in California, six of them in Los Angeles within walking distance of each other.

He has since sold all of his homes for a whopping $144 million.

His Silicon Valley estate, Guignécourt, is a 109-year-old European-style mansion with hiking trails and a reservoir on the property.

It was built in 1912 by Count Christian de Guigné, a member of the French nobility who moved to the Golden State after marrying a local heiress to the Gold Rush.

The aerial photo above shows five of the six homes Musk owns on adjacent streets in the upscale Bel Air neighborhood

The aerial photo above shows five of the six homes Musk owns on adjacent streets in the upscale Bel Air neighborhood

Musk has since sold all of his homes for a whopping $144 million since announcing his plans to sell

Musk has since sold all of his homes for a whopping $144 million since announcing his plans to sell

The beautiful property remained in the family for a little over a century before being listed for $100 million in 2013 – three years later it was reduced to $29.85 million.

Musk bought the beautiful property in 2017 for an even lower price of $23.4 million and used the house primarily as a rental space for events.

After announcing his plans to sell all of his homes, Musk quickly put two of his Bel Air mansions on the market.

The house that overlooked the Bel Air Country Club was bought by Musk in 2012 for $17 million and was listed for $30 million.

The 16,251 square foot mansion features six bedrooms, 11 bathrooms, a two-story library, pool and tennis court.

It also features a gym, swimming pool, wine cellar, fruit orchard and garage for five cars.

The second Bel Air home was listed for $9.5 million and was previously owned by the late Willy Wonka actor, Gene Wilder, who died in 2016.

Musk bought the three-quarter-acre home from Bel Air in 2013 for $6.75 million and turned it into a private school.

It features five bedrooms, 4.5 bathrooms, an oval pool and a private guest house.

Musk paid $6.4 million for this white colonial house on a Bel Air cul-de-sac on Somera Road among his other properties

Musk paid $6.4 million for this white colonial house on a Bel Air cul-de-sac on Somera Road among his other properties

“Only one condition of sale: I own Gene Wilder's old house.  It can't be torn down or lose its soul,

“Only one condition of sale: I own Gene Wilder’s old house. It can’t be torn down or lose its soul,” he tweeted when he sold this house on Chalon Road

The Los Angeles home features five bedrooms, 4.5 bathrooms, an oval pool and a private guest house

The Los Angeles home features five bedrooms, 4.5 bathrooms, an oval pool and a private guest house

This 16,251 square foot townhouse has six bedrooms, 11 bathrooms, a two-story library, pool and tennis court

This 16,251 square foot townhouse has six bedrooms, 11 bathrooms, a two-story library, pool and tennis court

Musk also sold this house in Somera Road for $4.4 million.  It was built in the 1960s and apparently hasn't been renovated since then

Musk also sold this house in Somera Road for $4.4 million. It was built in the 1960s and apparently hasn’t been renovated since then

In December 2020, Musk sold four Bel Air homes for a total of $61.7 million, including this property on Somera Road

In December 2020, Musk sold four Bel Air homes for a total of $61.7 million, including this property on Somera Road

He shared his one condition on the sale of the beautiful property: “Only one condition on the sale: I own Gene Wilder’s old house. It cannot be broken or lose its soul.’

Musk bought two homes in 2015, a $4.3 million ranch house and a $20 million mansion.

A year later, he bought a large, unfinished house for $24.25 million. All three houses are located on the same cul-de-sac.

According to the Musk fan blog Teslarati and the Houston Chronicle, Musk would live in a 375-square-foot modular home made by the Boxabl company.

While Musk has not confirmed the name of the company that made his home, a Boxabl unit appears to be visible on the site on Google Earth.

The company’s houses are small but stylish, set up as a studio apartment with an open plan living room, kitchen and bedroom, with an attached bathroom.

The houses are composed of a folded box of concrete panels and steel.

Teslarati reported that the Musk model, reportedly worth $167.3 billion, is a mass-produced 20-foot x 20-foot “foldable prefabricated house” dubbed the Boxabl Casita.

Boxabl has not confirmed whether Musk lives in any of his homes, but announced in November that it had built a Casita for a “high-profile” and “top secret” client in Boca Chica.

.

Leave A Reply

Your email address will not be published.