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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 Chatta with REX.
With the price now cut nearly in half, prospective wealthy buyers may be encouraged to take a closer look at the 32,000-square-foot residence on 13.4 acres.
“What the McNealys created in Silicon Valley is unrivaled,” said Amid-Hozour in a statement. “This hilltop home offers one fortunate buyer the opportunity to own a rare, private estate overlooking the most exclusive real estate in the country.”
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Jacob Elliott
Jacob Elliott
Jacob Elliott
Jacob Elliott
Jacob Elliott
Jacob Elliott
The 65-year-old and his wife, Susan McNealy, built the place from the ground up, reportedly buying two lots for $11 million.
Finished in 2008, the estate was designed to channel the family’s passion for sports, according to materials provided by Compass.
The grounds boast state-of-the-art athletic facilities. Outside, you’ll find a three-hole golf course and two putting greens as well as a pool. Indoors, the spread features a basketball court, locker room, gym, climbing wall, and yoga studio. The 7,300-square-foot ice hockey rink could be converted to an indoor equestrian center, tennis courts, or a garage.
The four-level, 20-room home includes plenty of other eye-popping perks, including a dance floor, tiered home theater, poker room, billiard room, and wine cellar.
The home features floor-to-ceiling windows, and balconies with mountain, valley, and San Francisco Bay views. Security features of the five-bedroom, 7.5-bath mansion include a safe room and panic buttons. In addition, there’s a separate one-bedroom, one-bath guesthouse.
According to a statement from McNealy, the empty nesters are ready to leave their custom-built property to a sports-loving family.
“We wanted to create the ideal home to support the growth and development of our family athletically, musically, academically, and socially. We treasure the time we spent in pursuit of all of their interests, and sharing our home with our friends, classmates, extended family and business associates. As newly minted empty nesters, we take pride in knowing that the next owners will enjoy similar experiences while we move into the next stage of our family’s life with a new home closer to our son as he pursues a career on the PGA Tour.”
McNealy co-founded Sun Microsystems in 1982 and served as the company’s CEO for over two decades. After Oracle bought Sun in 2010 for $7.4 billion, he co-founded Wayin, a social intelligence and visualization company based in Denver. He stepped down as CEO of Wayin in 2016.
The post Former Sun Microsystems CEO Scott McNealy Slashes Price on Silicon Valley Mansion appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/scott-mcnealy-cuts-price-portola-valley-mansion/
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