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Monday, January 28, 2013

California Home May Be Second Most Expensive Property Ever Sold $117.5 million - ABC News

an 27, 2013 6:23am

California Home May Be Second Most Expensive Property Ever Sold

ht woodside estate tully friedman sswm jt 130125 wblog California Home May Be Second Most Expensive Property Ever Sold

(Image credit: Google Maps)

The $117.5 million estate of a financier in Northern California may be the second most expensive property ever sold in the U.S., according to SF Luxe.

SF Luxe reported that financier Tully Friedman, the previous owner, sold the property on Nov. 27, 2012, according to public records.

The four-bedroom home was created by architect Allan Greenberg, and has 360-degree views of the Woodside Mountains. It sits on nine acres and was built in 2005.

If the home was sold for $117.5 million, it would outrank the nearby estate that sold for $100 million. Russian entrepreneur and venture capitalist Yuri Milner bought in 2011, the San Francisco Chronicle reports.

The most expensive estate sold in the U.S. is likely a Montana ranch that was listed for $132 million but sold for an undisclosed price last year to real estate billionaire Stanley Kroenke. He also owns the NBA’s Denver Nuggets, the NHL’s Colorado Avalanche, and the NFL’s St. Louis Rams.

California Home May Be Second Most Expensive Property Ever Sold $117.5 million - ABC News

Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale

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