In May, multibillionaire Elon Musk, the CEO of Tesla and SpaceX, said that he would be “selling almost all tangible objects. won’t possess a home. A few days later, he listed four spectacular homes in Los Angeles for sale for a total of $137 million. Elon Musk’s House portfolio includes a historic 100-year-old mansion on the San Francisco Peninsula, a $30 million Los Angeles home, and the former abode of Gene Wilder. This article examines the spectacular properties of the world’s first billionaire renter.
The market value of Musk’s former residences in the greater Los Angeles area was approximately $70 million. Musk purchased his first piece of real estate in Bel-Air before the end of 2012. He started renting the same house and living there with his family in 2010. In the end, he spent $17 million to buy the house. Elon Musk’s house is twenty thousand two hundred forty eight square feet, with seven bedrooms and thirteen bathrooms.
Lovely brick makes up the kitchen ceiling. The backyard features a gorgeous pool, a spacious tennis court, and a spectacular view of the illustrious Bel-Air Country Club. The house also boasts a gym and a wine cellar. With a $30 million asking price, this 20,248-square-foot home was the first and largest of his Bel Air homes to sell after Musk tweeted about his mission. Chinese billionaire William Ding bought it for $29.72 million. Reports state that the cost is about $5.5 million more than what the Tesla CEO paid for it in 2016.
Elon Musk spent $6.75 million in October 2013 to acquire this stunning house beside his mansion. Elon Musk did in fact purchase the late actor Gene Wilder’s house in order to “preserve the spirit of Gene Wilder.” Famous actor Gene Wilder lived there for more than 30 years before 2007. In a 2015 Vogue interview, the multibillionaire CEO compared it to a “little schoolhouse on the prairie, but in Bel-Air on a golf course.” Musk never really lived there, although he did run AdAstra, a private school for his children as well as those of some of the SpaceX and Tesla employees.
The CEO of Tesla made quite clear that the buyer could not damage the asset or inflict harm on its “soul” while he was selling it. The only prerequisite is that I am the current owner of Gene Wilder’s former residence. No part of its soul can be taken away or destroyed. Musk tweeted this. It was subsequently discovered that he had secretly agreed to pay Jordan Walker-Perlman, Wilder’s nephew, $7 million to purchase the Wilder estate through Elizabeth Hunter. They also allegedly received a loan from the software tycoon for up to $6.7 million to help them buy the property.
This boomerang-shaped home, which was formerly owned by Elon Musk, is situated in Brentwood, California, about 15 miles northwest of Downtown Los Angeles. A little under $3.7 million, according to the Variety-owned real estate website Dirt, was Musk’s investment there in 2014. Although the building is completely surrounded by privacy hedges for protection, there is still plenty of natural light coming in through the enormous floor-to-ceiling windows. According to a Business Insider report, Musk sold the home for $4 million in late August 2019. Long before he publicly disclosed his plans, Musk sold a modern house on 0.28 acres in Brentwood, which is about 20 minutes away from his six prior Chalon-Somera properties. The mansion was supposedly purchased by the Tesla CEO in 2014 for around $3.7 million, and it was subsequently sold for $3.9 million.
The software tycoon paid $24.25 million for a second Bel-Air home in 2016, while it was still being built, according to Variety. Notably, Musk doesn’t live close to the Tesla facility in Fremont, California. He previously admitted that he would sleep on a couch or the floor of a conference room during periods of high productivity.
Listed on Zillow with a combined asking price of $62.5 million and the interesting description, “A project for the big thinker, designed to showcase one of the best views in Los Angeles – from the city to the ocean and beyond,” were the four Bel Air homes that Musk still owned. The properties, which had a price range of $4 million to $30 million and each had a distinctive architectural style, brought in about $6.8 million for him.
After selling up his worldly possessions for more than a year, the only thing left is a sizable 100-year-old house close to San Jose. The Hillsborough estate includes a huge ballroom, hiking trails, canyons, 9.5 bathrooms, and just about anything you could ever want! It is located on a 47-acre plot of land. It was initially priced at $35 million in May 2020, but it appears Musk has taken the item down for the time being. Rumor has it that there is a good probability the house will be listed again and Musk will be successful in his goal of liquidating all of his real estate interests.