Silicon Valley's $100 Million Home

The Wall Street Journal's Market Watch recently reported that the $100-million sales price of the single-family residence in the Silicon Valley, purchased by Internet mogul Yuri Milner, is the highest known amount paid for a house in the U.S. The story was first reported last week by technology blog TechCrunch.

Is the price correct? With various resources reporting the actual sales price ranging between $70 million and $100 million, it was questioned. However, according to a report filed by the San Francisco Examiner, the $100 million sales price is based upon the $110,000 transfer tax recorded by the Santa Clara County Assessor's office. So, yes the price is right.

The 18th century-styled French chateau has 25,500 square feet of living space in a floor plan that includes five bedrooms, nine bathrooms, a ballroom, a home theater, a wine cellar, an indoor swimming pool and a gym with a spa. The exterior of this 18-acre stupendous dwelling has pristine gardens, an outdoor swimming pool, a tennis court, and a private car wash. The everyday living sections of the estate are located on the second floor to take in the picturesque view it offers looking out at the San Francisco Bay.

While Milner, the founder of Internet investment company Digital Sky Technologies and chairman of Group, plans to keep his primary residence in Russia, his intentions at this time with the residence are unknown.

Hablinksi + Manion Architectural & Planning Group designed the $100-million estate for the original owner and seller, Fred Chan, the founder of ESS Technology.

James Rothaar

James has written content for and other leading online luxury lifestyle magazines. Rothaar previously served as the senior-tenured staff writer for JustLuxe, having worked with the digital magazine since 2005. He resides in Jacksonville, Florida, and works as an independent marketing consultant and freelance writer and copywriter. He is the co-owner of Wild Owl Digital, a boutique mar...(Read More)

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