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Tech & Science $42 million price cut on tech billionaire's Silicon Valley monster mansion

03:21  23 october  2019
03:21  23 october  2019 Source:   sfgate.com

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The new listing price is .8 million, an impressive $ 42 million price cut . The Sun Microsystems co-founder and his wife, Susan, built the Tucked away in the tiny and bucolic unincorporated town of Portola Valley , the property feels worlds away from the buzz of the Silicon Valley , but it' s only four

Billionaire Scott McNealy, who co-founded the computer technology company Sun Microsystems, has slashed the price of his Silicon Valley mega- mansion by The 13-acre property in the hills of Palo Alto, California — a hub for tech billionaires — includes a full-sized ice rink, pool, golf course, indoor

Click through the gallery above to see inside the $54.8 million mansion.

Silicon Valley big shot Scott McNealy drastically slashed the price on his mega Portola Valley, Calif., mansion on over 13 serene acres. McNealy originally listed the estate, which includes a 28,000-square-foot house, for $96.8 million in June 2018. The new listing price is $54.8 million, an impressive $42 million price cut.

The Sun Microsystems co-founder and his wife, Susan, built the modern adobe estate at 610 Los Trancos Road. in 2008, spending more than $11 million.

The 20-room home includes five bedrooms, 7.5 bathrooms and a separate 4,000-square-foot guest house.

The interiors are grand and spacious with large windows taking in views of the surrounding wooded hills. Hardwood floors, wood-paneled ceilings and stonework fireplaces add warmth.

The property features a long list of amenities unlike any other real estate offering in the area.

For entertaining, there's a home theater, poker and billiards rooms, a room dedicated to making pizzas with a wood-fire oven, and a party room with a disco ball and dance floor.

The offerings for athletic activities are even more impressive and include a 110-yard golf practice area with two putting greens, a 4,700-square-foot gym with a rock-climbing wall and locker room, a tennis pavilion, a swimming pool with a spa, and a 7,300-square-foot ice hockey rink.

Tucked away in the tiny and bucolic unincorporated town of Portola Valley, the property feels worlds away from the buzz of the Silicon Valley, but it's only four miles from Stanford University, 11 miles from the Google campus and 12 miles from the Facebook headquarters.

As of 2018, McNealy had an estimated net worth of $1 billion. He was the CEO of Sun Microsystems for 22 years before stepping down in 2006. Oracle purchased Sun in 2009 for $7.4 billion.

Along with PayPal founder Peter Thiel, McNealy is one of the few Silicon Valley executives who has publicly voiced support of President Donald Trump and hosted an election 2020 fund-raiser at his home in September, according to the San Francisco Chronicle.

The property is listed with REX, a real estate startup in which McNealy has invested, according to the Wall Street Journal.

Amy Graff is a digital editor with SFGATE. Email her real estate tips at agraff@sfgate.com.

Goats help save Reagan library from destruction as California wildfire threatens .
Flames from the Easy Fire were within a few feet of the Reagan library. Goats, which graze on grass around the property, helped prevent their spread.The structure was threatened but undamaged Wednesday morning by the so-called Easy Fire. Goats that grazed on vegetation near the property are partially to thank for why the building remains standing.

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