$18,800,000
SOLD OCT 29, 2024
7 Beds
7.5 Baths
7,052 Sq Ft
3.1 Acres

Recently Sold

$2,666 Per Sq Ft

18% Below List Price

97 Days on Market

Highlights

  • Wine Cellar
  • Solar Heated Pool and Spa
  • Bay View
  • Ormondale Elementary School Rated A+
  • Sauna
  • Solar Power System

About This Home

As of October 2024

Resting on over 3 acres, this spectacular estate, completed in 2024, presents an unparalleled living experience. Sleek exteriors, characterized by clean lines and minimalist design, evoke the precision of modern art. Step inside to experience interiors thoughtfully crafted to cater to a contemporary lifestyle, with walls of glass that seamlessly integrate indoor and outdoor spaces while showcasing awe-inspiring views spanning the San Francisco Bay and beyond. Generous gathering areas, a chef's kitchen, office, and more provide captivating venues, complemented by grounds featuring a pool. And this incredible location offers all-encompassing feelings of seclusion while still being close to everything Silicon Valley has to offer - San Francisco and San Jose are ~40 minutes way, two international airports are easily accessible, and Palo Alto, Stanford University, Sand Hill Road, and the area's premier public and private schools are all within easy reach.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 06/17/2024

Last Buyer's Agent

Mary Gullixson

Compass License #70001879

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,851

Year Built

  • Built in 2024

Lot Details

  • 3.1 Acre Lot
  • Hillside Location
  • Back Yard
  • Zoning described as R1002A

Parking

  • 3 Car Garage

Property Views

  • Bay
  • Bridge
  • Skyline
  • Mountain
  • Hills

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 7,052 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Free Standing Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Sauna
  • Alarm System
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Eco-Friendly Details

  • Solar Power System

Pool

  • Solar Heated Pool and Spa
  • Solar Heated In Ground Pool
  • In Ground Spa
  • Outside Bathroom Access
  • Pool Cover

Outdoor Features

  • Balcony
  • Fire Pit
  • Barbecue Area

Utilities

  • Zoned Cooling
  • Vented Exhaust Fan
  • Radiant Heating System
  • Thermostat
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 077-070-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,851

Year Built

Built in 2024

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Structure Sq Ft: 7052
  • Year Built: 2024
  • Zoning Description: R1002A
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Dual See Thru, Free Standing, Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven - Built-In, Oven - Gas, Pantry, Refrigerator
  • Living Sq Ft: 7052
  • Stories: 3
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Finished, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Full on Ground Floor, Marble, Outside Access, Pass Through, Primary - Stall Shower(s), Primary - Sunken Tub, Sauna, Skylight, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Heated - Solar, Pool - Cover, Pool - In Ground, Pool / Spa Combo, Spa - In Ground, Spa - Jetted, Steam Room or Sauna
  • Roof: Flat / Low Pitch
  • View: Bay, Bridge, City Lights, Hills, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fire Pit
  • Pool: Yes
  • Construction Type: Concrete, Wood

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Radiant
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Sequoia Union High
  • Elementary School: Ormondale Elementary
  • Middle School: Corte Madera Elementary
  • Elementary School: 664
  • Middle School: 623

Lot Info

  • Lot Description: Grade - Hillside
  • Parcel Number: 077-070-140
  • Lot Acres: 3.1000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 135036.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 135036.00

Green Features

  • Energy Features: Double Pane Windows, Solar Power, Thermostat Controller

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: ADU Garage

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Ormondale Elementary
  • Middle School Text: Corte Madera Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Oct 8, 2024
Sold by
Gambhir Family Trust and Gambhir Sangeeta
Bought by
Re Trust and Chen
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Mary Gullixson
Compass
List Price
$22,988,000
Sold Price
$18,800,000
Premium/Discount to List
-$4,188,000
-18.22%
Views
174
Current Estimated Value
$11,259,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,540,173
Avg. Annual Appreciation
-48.51%
Original Mortgage
$7,500,000
Outstanding Balance
$7,417,530
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$3,784,135

Purchase Details

Closed on
Jun 18, 2021
Sold by
Sanjiv Gambhir
Bought by
Gambhir Family Trust

Purchase Details

Closed on
Jun 27, 2019
Sold by
Gambhir Sanjiv and Gambhir Aruna
Bought by
Gambhir Sanjiv and Gambhir Aruna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 6, 2019
Sold by
Bank Of America Na
Bought by
Gambhir Sanjiv and Gambhir Aruna

Purchase Details

Closed on
Sep 25, 2018
Sold by
Quality Loan Service Corporation
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 1, 2005
Sold by
Winder Edwin C
Bought by
Richards James A and Lark Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2004
Sold by
Marshall Janice A
Bought by
Winder Edwin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 28, 2000
Sold by
Hicks Harry H
Bought by
Winder Edwin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $18,800,000 Lawyers Title
Deed -- --
Interfamily Deed Transfer -- None Available
Grant Deed $2,500,000 Servicelink
Trustee Deed $2,813,919 Accommodation
Grant Deed $3,000,000 Cornerstone Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $4,100,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,500,000 New Conventional
Previous Owner $3,375,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,640,000 Unknown
Previous Owner $2,640,000 Unknown
Previous Owner $2,800,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $2,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $600,000 Credit Line Revolving
Previous Owner $300,000 Stand Alone Second
Previous Owner $171,000 Unknown
Previous Owner $1,000,000 No Value Available
Previous Owner $250,000 Unknown
Previous Owner $1,950,000 Unknown
Previous Owner $10,800 Unknown
Previous Owner $640,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $18,800,000 -18.2% $2,666 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $22,988,000 -- $3,260 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $74,851 $18,795,000 $7,625,000 $11,170,000
2023 $74,851 $5,123,630 $3,350,630 $1,773,000
2022 $36,361 $3,284,932 $3,284,932 $0
2021 $37,019 $3,323,578 $3,220,522 $103,056
2020 $36,903 $3,289,500 $3,187,500 $102,000
2019 $36,510 $5,400,000 $5,350,000 $50,000
2018 $39,397 $3,603,134 $3,543,088 $60,046
2017 $38,935 $3,532,485 $3,473,616 $58,869
2016 $38,252 $3,463,221 $3,405,506 $57,715
2015 $37,992 $3,411,202 $3,354,353 $56,849
2014 $37,068 $3,344,382 $3,288,646 $55,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81969904

MLSListings

APN: 077-070-140