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Dec. 4, 2021, 12:46 p.m. EST

Elon Musk officially ‘owns no home’

By  Virginia K. Smith

Elon Musk has fulfilled his pledge made last year to “own no home.”

The Tesla boss and billionaire sold his 16,000-square-foot mansion in Hillsborough, California, a wealthy Silicon Valley enclave just south of San Francisco. The property sold for $30 million, after initially  listing for $37.5 million , when Mr. Musk announced the sale via Twitter in June, and eventually relisting for $31.99 million in October, according to  records on the MLS.

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The identity of the buyer has not been made public, and the property’s listing agents, Brent & Mary Gullixson of Compass, did not immediately respond to a request for comment.

Mr. Musk, 50, has previously announced that the 47-acre property was his “last remaining house” in California after  selling off his other properties in the state .

The 100-year-old estate,  known as Guignécourt, had a colorful history  even prior to Mr. Musk’s ownership, and was originally built in 1912 by Count Christian de Guigné, a member of French nobility who moved to the state after marrying a California Gold Rush heiress. 

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The European-style estate is one of the largest parcels of land in the area, and includes hiking trails and a reservoir. The property remained in the de Guigné family for over a century before being listed for an eye-popping $100 million in 2013. In 2016, the asking price was reduced to $29.85 million.

Mr. Musk purchased the home for $23.4 million in 2017, according to public records.

This report originally appeared on MansionGlobal.com.

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