It's a booming week for Marin County real estate, thanks to the sale of one prominent piece of property.
Belvedere's historic estate Locksley Hall sold on Wednesday for $47.5 million.
That's $22 million over than any previous home sold in Marin County and $12 million more than the highest home sale in San Francisco, according to Curbed SF.
The listing described Locksley Hall, built in 1904, as a three-level home with approximately 9,235 square feet of living space. It has four bedrooms, six full bathrooms, three powder rooms and a one bedroom, one bathroom apartment.
San Jose Mercury News reported that the former owners spent $32 million to renovate the property in the nine years prior to the sale.
It's not clear who bought the home, but it seems like there might be a Silicon Valley connection. The deed recorded with the county listed a Palo Alto-based entity as the new owner, the Marin Independent Journal reports.
The deed recorded with the county listed a Silicon Valley-based firm called Golden Gate Holdings as the new owner, the Marin Independent Journal reports. The downtown Palo Alto address listed in the public record is shared by a number of firms, including Breyer Capital, the investment arm of billionaire Jim Breyer’s venture capital firm.
