$23,000,000
SOLD OCT 23, 2024
11 Beds
14 Baths
24,350 Sq Ft
2.9 Acres

Recently Sold

$945 Per Sq Ft

23% Below List Price

479 Days on Market

Highlights

  • Safe Room
  • Wine Cellar
  • Cabana
  • South Hillsborough Elementary School Rated A
  • Home Theater
  • Solar Power System

About This Home

As of October 2024

This opulent mansion stands as a veritable icon in Lower South Hillsborough, meticulously crafted as a homage to the White House by the esteemed architect Julia Morgan. Spanning over 24,000 square feet across four levels, it has been thoughtfully rejuvenated with the finest fixtures and state-of-the-art appliances. With its Neoclassical Georgian architecture, the home greets you with majestic columns and an impeccably laid driveway, the facade exuding grandeur. Inside, an abundance of windows and soaring ceilings invite the warmth of California's sun, bathing each room in natural light. Timeless accents such as intricate crown molding, resplendent wood floors, and dazzling chandeliers seamlessly marry with contemporary elements and sleek lines, epitomizing sophistication. Ascend to the primary bedroom, where a regal fireplace, a tranquil sitting area, and an opulent ensuite bathroom await, adorned with dual sinks, a sumptuous soaking tub, and a separate shower. A sanctuary for productivity, the home office boasts two-toned wood paneling and an imposing desk. Nestled upon nearly three acres of verdant grounds, the Bay Area's 'Western White House' is a testament to refined living and illustrious entertaining.

Last Agent to Sell the Property

Pierre & Alex Buljan

Compass License #70014994 Listed on: 06/21/2023

Compass

Last Buyer's Agent

Greg Browman

Vanguard Properties License #01183227

Vanguard Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $177,013

Year Built

  • Built in 1915

Lot Details

  • 2.9 Acre Lot
  • Fenced
  • Secluded Lot
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R10025

Parking

  • 8 Car Detached Garage

Home Design

  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 24,350 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Bonus Room
  • Workshop
  • Utility Room
  • Wood Flooring
  • Safe Room
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 11 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Pool

  • Cabana
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Gazebo
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 032-254-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$177,013

Year Built

Built in 1915

Lot Details

0

Parking

8

Listing Details

  • Subclass: Single Family Home
  • Age: 108
  • Listing Class: Residential
  • Structure Sq Ft: 24350
  • Year Built: 1915
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Dishwasher, Exhaust Fan, Freezer, Island, Oven Range, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 24350
  • Laundry: Dryer, Washer
  • Flooring: Wood
  • Additional Rooms: Attic, Basement - Finished, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Media / Home Theater, Mud Room, Office Area, Recreation Room, Safe / Panic / Room, Storage, Utility Room, Wine Cellar / Storage, Workshop
  • Maximum Numberof Bedrooms: 11
  • Minimum Numberof Bedrooms: 11
  • Full Bathrooms: 9
  • Half Bathrooms: 5
  • Total Bedrooms: 11
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Pool Description: Cabana / Dressing Room, Pool - In Ground, Spa - In Ground
  • Yard/Grounds: BBQ Area, Courtyard, Deck, Fenced, Gazebo, Sprinklers - Auto, Storage Shed / Structure
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 8
  • Garage Max: 8
  • Garage Min: 8
  • Garage Parking Features: Detached Garage, Parking Area, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High
  • Elementary School: South Hillsborough
  • Middle School: Crocker Middle
  • High School: San Mateo High
  • High School: 672
  • Elementary School: 681
  • Middle School: 625

Lot Info

  • Lot Description: Grade - Level, Private / Secluded
  • Parcel Number: 032-254-020
  • Lot Acres: 2.9000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 126324.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 126324.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: South Hillsborough
  • High School Text: San Mateo High
  • Middle School Text: Crocker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Oct 15, 2024
Sold by
Elieabad Llc
Bought by
Willowmoss Llc
Seller's Agent
Pierre & Alex Buljan
Compass
Buyer's Agent
Greg Browman
Vanguard Properties
List Price
$29,995,000
Sold Price
$23,000,000
Premium/Discount to List
-$6,995,000
-23.32%
Views
949
Current Estimated Value
$8,767,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,233,000
Avg. Annual Appreciation
-68.28%

Purchase Details

Listed on
Oct 13, 2021
Closed on
Aug 26, 2022
Sold by
Mehta Living Trust
Bought by
Elieabad Llc
Seller's Agent
Max Lo
Green Banker Realty
Buyer's Agent
Pierre & Alex Buljan
Compass
List Price
$25,000,000
Sold Price
$15,000,000
Premium/Discount to List
-$10,000,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.11%

Purchase Details

Closed on
Oct 18, 2011
Sold by
Mehta Shailesh J and Mehta Kalpa S
Bought by
Mehta Shailesh J and Mehta Kalpa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Mehta Sameet
Bought by
Mehta Shailesh J and Mehta Kalpa S

Purchase Details

Closed on
May 31, 2001
Sold by
Mehta Seema
Bought by
Mehta Sameet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1997
Sold by
Eckersley Rosemary J
Bought by
Mehta Shailesh J and Mehta Kalpa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1997
Sold by
Eckersley Norman C
Bought by
Eckersley Rosemary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $23,000,000 Fidelity National Title
Grant Deed $15,000,000 Fidelity National Title
Interfamily Deed Transfer -- Old Republic Title Company
Quit Claim Deed $1,100,000 None Available
Gift Deed -- Old Republic Title Company
Grant Deed $6,050,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,100,000 New Conventional
Previous Owner $7,000,000 Credit Line Revolving
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $1,950,000 Purchase Money Mortgage
Previous Owner $2,500,000 Unknown
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $23,000,000 -14.8% $945 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $26,995,000 -26.8% $1,109 / Sq Ft
04/26/2024 04/26/24 Price Changed $36,900,000 +23.0% $1,515 / Sq Ft
04/22/2024 04/22/24 For Sale $29,995,000 0.0% $1,232 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $29,995,000 -22.9% $1,232 / Sq Ft
06/21/2023 06/21/23 For Sale $38,900,000 +159.3% $1,598 / Sq Ft
09/02/2022 09/02/22 Sold $15,000,000 -24.2% $600 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
02/25/2022 02/25/22 Price Changed $19,800,000 -20.8% $792 / Sq Ft
10/13/2021 10/13/21 For Sale $25,000,000 -- $1,000 / 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 $177,013 $23,000,000 $16,500,000 $6,500,000
2023 $177,013 $15,000,000 $9,500,000 $5,500,000
2022 $104,778 $9,103,320 $4,551,660 $4,551,660
2021 $102,808 $8,924,824 $4,462,412 $4,462,412
2020 $101,120 $8,833,312 $4,416,656 $4,416,656
2019 $98,923 $8,660,110 $4,330,055 $4,330,055
2018 $96,084 $8,490,304 $4,245,152 $4,245,152
2017 $94,753 $8,323,828 $4,161,914 $4,161,914
2016 $93,138 $8,160,616 $4,080,308 $4,080,308
2015 $92,043 $8,038,036 $4,019,018 $4,019,018
2014 $89,793 $7,880,582 $3,940,291 $3,940,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81932652

MLSListings

APN: 032-254-020