); ?> "Prime Property of the Week" - $117.5 Million Woodside, CA Estate Sells For Record Breaking Price - Prime Property Group CT - Prime Property Group CT

“Prime Property of the Week” – $117.5 Million Woodside, CA Estate Sells For Record Breaking Price

PPOW - 117 million

This weeks “Prime Property of the Week” is not only a masterpiece, but it also set the record for the most expensive private single family residence in California and is the second most expensive residence overall in the United States.  The home is rumored to have been purchased through a limited liability company by a Korean banker looking for a United States vacation 
home.  The previous owner of the home is Tully Friedman; a San Francisco based private equity investor of Friedman, Fleischer and Lowe, Capital Partners, LP.  The home was quietly sold back in late November after being privately listed for sale.

The impressive estate is comprised of a 4 bed, 8,900 square foot main house, which is set upon nine pristine acres of land with 360-degree mountain views. The perfectly manicured gated estate has a pool, pool house, and a still pond. Property records indicate that the parcel of land was purchased back in 2005 for $8 million.  The house was then custom built by famed architect, Allan Greenburg, in a neo-classical style. The exquisite home was showcased in the architectural magazine “Extraordinary Homes California: An Exclusive Showcase of the Finest Architects, Designers and Builders in California.”  While there are few interior pictures of the home, one shot does reveal beautiful hardwood floors with ornate moldings and detail work.

The former most expensive home in California is just ten miles away in Los Altos, California. This home was purchased last year by Russian business magnate, Yuri Milner for $100 million.  Do you think this property really sold for $117.5 million or could this just be an error? Leave your thoughts in the comment section.

Check out some more pictures of the property below.

woodside front - jay graham woodside ext - jay graham

woodside - jay graham

woodside pool - michael biondo

Woodside-jay graham woodside - night - jay graham jpeg

Pictures are courtesy of Jay Graham and Michael Biondo.

View other “Prime Properties of the Week”

 

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