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Former Sun Microsystems CEO Scott McNealy Slashes Price on Silicon Valley Mansion

By Claudine Zap | Jan 8, 2020 Sun Microsystems co-founder Scott McNealy is hoping to find a buyer for his amenity-stuffed megamansion in Silicon Valley, now available for $53.9 million. The tech tycoon’s hilltop home in Portola Valley was initially offered in 2018 for almost $100 million through a company called REX Real Estate Exchange, of which McNealy is an investor, according to Mansion Global. This week, McNealy relisted it with Samira Amid-Hozour with Compass and Deepee Chattha with REX.   With ...more

This massive Palo Alto home wants $53.8 million

It comes with an ice hockey rink and a professional basketball courtBy Brock Keeling@BrockKeeling  Jan 6, 2020, 2:42pm PST The facade at night. Photos by Jacob Elliott, courtesy of Compass When Sun Microsystems co-founder Scott McNealy put his home—a very large home, high atop a hill in Palo Alto—on the market in 2018, it made waves for having the audacity to ask for nearly $100 million. Alas, no one bit. Flash forward to ...more

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Tech Tycoon Listing Silicon Valley Mansion With Ice Rink and Putting Greens for $53.8 Million

The Palo Alto, California, mega estate, which comes with a “pizza room,” was built from scratch by Scott McNealy BY LIZ LUCKING  |  ORIGINALLY PUBLISHED ON JANUARY 3, 2020  |  MANSION GLOBAL An amenity-laden megamansion in Palo Alto, California, belonging to tech tycoon Scott McNealy will be coming to the market Monday for $53.88 million, Mansion Global has learned. Mr. McNealy, 65, is the co-founder and former chief executive ...more

Authentic Palo Alto farmhouse asks $6.27M

Located in the historic Professorville district By Brock Keeling@BrockKeeling  May 31, 2019, 9:41am PD Some farmhouses, which shall remain nameless, are contrived. A few exposed beams, a Napa setting, and an over saturation of Restoration Hardware furnishings does not a farmhouse make. But this one, located in Palo Alto’s historic Professorville district, is the real deal. Featuring five bedrooms, two bathrooms, and 2,976 square feet, 1136 Waverley, a circa-1893 ...more

What $9 million won’t get you in Old Palo Alto: A house on a lot

Vacant property listed for sale after sitting undisturbed for decades by Linda Taaffe / Palo Alto Weekly The vacant lot at 1628 Bryant St., once part of the grounds of the adjoining historic 1920s Wickett estate, has sat vacant for decades. On April 11, 2019, it was listed on the market for $9 million. Photo by Christian Trujano. A quarter-acre property for sale in Palo Alto ...more

Who’s Really Buying Property in San Francisco?

ALEXIS C. MADRIGAL A lot of software developers, according to an unprecedented new analysis. There has never been a town like the one San Francisco is becoming, a place where a single industry composed almost entirely of rich people thoroughly dominates the local economy. Much of the money that’s been squished out of the rest of the world gets funneled by the internet pipes to ...more

Moving On Up Millennials and young Gen Xers are changing the face of luxury real estate in Silicon Valley and beyond. The Mediterranean home located in Palo Alto’s Midtown neighborhood sat on the market for more than a year with only four viewings and no offers—during one of the hottest markets in the area’s real estate history. “It wasn’t selling because no one wants that style,” ...more

This Bungalow Sums Up Silicon Valley’s Housing Shortage

The 102-year-old four-room house in California sold for $100,000 in 2003, and just closed for $1.78 million BY BECKIE STRUM  |  ORIGINALLY PUBLISHED ON SEPTEMBER 26, 2018   A 100-year-old bungalow so small it could fit inside a regulation basketball court five times has sold in Palo Alto, California, for $1.78 million. It’s a sign of just how inflated the Silicon Valley property market has become over ...more