Woodside Estate, Front Elevation, Designed by Allan Greenberg
I can now report that a Woodside estate has just sold for the record-breaking price of $117,500,000, making it the most expensive private residence in California, and possibly the second-highest price paid for a home in the United States. According to public records, the transaction took place on November 27, 2012. It had not been publicly listed for sale. Previously owned by T.Friedman, founder of San Francisco-based investment firm, Friedman Fleischer and Lowe LLC, the residence at Mountain Home Road is a masterpiece of Neoclassical design, and takes advantage of its location with 360-degree views of the nearby Woodside Mountains. Created by Virginia-based architect Allan Greenberg, it was featured in the wonderful book, “Extraordinary Homes California: An Exclusive Showcase of the Finest Architects, Designers and Builders in California,” in 2009. Greenberg, who is a member of the Architectural Digest 100, described the house as sitting in “an elaborate hilltop garden”, and noted that, in the Palladian tradition, “it is planned around hyphens and dependencies and features a double volume, elliptical garden room.”
Meticulous Attention to Detail.
Owner is a foreign Buyer from Overseas…Yes !…Asian buyer we fdont know exact details but we do know the owner now resides in “BILLIONARE ROW” among the Who’s Who of Silicon Valley tech and finance, so it’s a name with which you’re undoubtedly familiar. Or will be!
Incidentally, this home is just 10 miles away from the third highest priced home in the United States, belonging to Yuri Milner in Los Altos Hills. The record for the highest price was set last year by Stan Kroenke, who purchased a ranch in Montana listed for $132.5 million.
With sales figures this high, to say that the Peninsula real estate market is “hot” is an understatement. We wouldn’t be surprised to see other showcase properties such as the Tobin Clark Estate in Hillsborough or the $85,000,000 Flood Estate in Woodside to sell this year as well