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Two Silicon Valley homes among the three most expensive ever sold in the U.S.

The Woodside estate that sold for $117.5 million.
The Woodside estate that sold for $117.5 million.

It was the deal of deals, finalized Nov. 27, 2012, when the title for a Woodside mansion changed hands for $117.5 million, making it the highest confirmed price ever paid for a home in the United States.  A grand purchase, but no one knew much about it at first. 

Shrouded in secrecy, the 8,900-square-foot Neoclassical home built in 2005 never got close to the Multiple Listing Service.  For months after the sale, the identity of the buyer remained unknown.  It was the Los Angeles Times that finally broke the news on Jan. 29, 2013, reporting that an unnamed real estate source told the Times that the home was purchased by SoftBank's billionaire founder, Masayoshi Son.

Plush and surrounded by immaculate grounds, the nine-acre estate was designed by award-winning architect Allan Greenberg.  It has a guest house and a swimming pool and provides panoramic views of the Woodside mountains. 

The $117.5 million price tag eclipsed that of $100 million, which Russian investor Yuri Milner paid for a Los Altos Hills estate in 2011.

Depending on what sources you read and the reliability of information, the Son and Milner estates are the first- and second-most-expensive homes ever sold in the U.S.  Much press, however, has been given to the November 2012 sale of a Montana ranch, which was publicly listed at $132.5 million.  According to Forbes.com, we may never know the actual price paid, because Montana is a nondisclosure state – i.e., final real estate prices are not public record. 

The Fairfield Sun Times of Montana wrote this about the transaction:

“The 142,000 acre ranch was listed at $132.5 million; the deal closed Tuesday for an ‘undisclosed’ amount, although sources tell the Sun Times the price was in the $90 million neighborhood.” 

So we can’t determine with absolute certainty what places should be assigned to the Woodside and Los Altos Hills estates.  But it’s not surprising at all that those two homes are somewhere among the top three most expensive homes ever sold in America.

Hadar Guibara

Silicon Valley Real Estate



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