Poor celebrities? Recently news of Lindsay Lohan's rented home garnered national attention, causing fans to wonder if she couldn't afford a Beverly Hills home. Celebrities may also be priced out of some real estate up north in San Francisco. Realty News first reported Friday, January 25 on an all-time record breaking deal that astounded the California real estate market. A nine acre hilltop Woodside estate in tony Silicon Valley, located overlooking the bay at Mountain Home Road, has sold for $117.5 million.
According to public records, the home belonged to Tully Friedman, founder of Friedman Fleischer and Lowe, a private equity firm. The home was not publicly listed and was quietly sold off in November. The home's sale price makes it the most expensive private residence in California and the second-highest expensive home in the U.S., reports SF Luxe.
The home, which has a massive colonial facade, has reportedly been sold to a wealthy Asian banker. Others are wondering if one of the billinaire Facebook or Google executives has cashed in some stock options and is picking up a new home.
If you're feeling left out, don't worry. There's still something available in your price range, as long as you don't mind moving to Dallas, Texas. Just revealed late Friday is news of yet another super-home that even Donald Trump might find pricey. It's the Crespi-Hicks Estate, which is owned by a Forbes-listed billionaire, and is being quietly offered to luxury clients for a staggering $135 million.