A massive $27 million Silicon Valley mansion is back on the market less than a year after selling — take a look

• A seven-bedroom mansion in Atherton, California, is listed on the market for $US27 million.
• The listing at 61 Faxon Road was listed in June 2018 for $US32.5 million. It sold in April 2019 for $US24 million, and now less than a year later, it’s back on the market for $US27 million.
• The mansion is the third most expensive listed publicly on the market in Atherton, a Silicon Valley town that many of the region’s high-profile tech players call home – Forbes dubbed Atherton the wealthiest town in America in 2019.
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There’s a reason why Forbes listed Atherton, California, as the wealthiest town in America in 2019.

The town is nestled in the state’s Silicon Valley, a region famed for its magnitude of tech behemoths like Google and Facebook, meaning that tech workers in the area make some of the highest salaries in the country.

And there’s a decent chance that one such techie could become the new owner of the 13,014-square-foot residence at 61 Faxon Road – if they shell out the asking price of $US27 million.

That price tag was $US5 million higher when it was listed in summer 2018, but in September of that year, the amount was slashed from $US32.5 million to $US29.5 million, according to Zillow. And just two months later the home saw another cut, this time lowering the price to $US27.5 million, and then to $US24 million when it sold in April 2019. Now, just eight months later, the mansion is back on the market for $US27 million.

Even by Atherton’s standards, the price tag is a hefty one. According to Zillow, the median home value for the neighbourhood is $US6.57 million, four times less than that of the mansion’s current listed price. But it certainly has the amenities to match: the listing includes six bedrooms, a movie theatre, a wine cellar, and is located near the elite Menlo Circus Club.

Take a look around.

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The estate at 61 Faxon Road spans 1.07 acres and went on the market in June 2018. It sits in the vicinity of the area’s Menlo Circus Club, an exclusive social club for wealthy clientele.

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The contemporary home is outfitted with black stainless steel, cedar, clear glass, and natural stone.

Source: Keller Williams

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It also has a casual five fireplaces …

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… one of which is in the living room.

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Seven bedrooms are scattered throughout the house.

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As well as four half bathrooms and eight full ones, one of which sports a heavenly white tub.

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A recreation den on one of the mansion’s three floors is decked out for entertaining …

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… with a full bar to match. There’s also, of course, a wine cellar.

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A tricked out movie theatre allows for an exceptional in-home cinematic experience.

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A large opening leading outside separates an indoor dining table and an outdoor seating area.

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On the premises is also a 1-bedroom guest house with a full kitchen and bathroom. A fireplace sits in close proximity to this crisp kitchen.

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A serene pool and lounge area rests in the backyard.

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It’s expansive, compared to other homes in the area’s real estate market.

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In addition to its bells and whistles, the home’s location is what makes it so ideal — it sits 20 minutes from Google’s and Facebook’s corporate headquarters.

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