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Zuckerberg's Woodside home sale nets $29.6M

EditorFrank DeMatteo
Published 03/27/2024, 05:06 PM
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Facebook (NASDAQ:META) founder Mark Zuckerberg has sold his Woodside (OTC:WOPEY), California home for $29.6 million, significantly above the estimated value of $13.5 million, according to recent findings by The Robert Dekanski Team. The transaction, which closed on March 4th, 2024, marks a notable event in the local real estate market.

The European-inspired residence spans 3.5 acres and features four bedrooms, 3.5 baths, and luxury amenities such as an outdoor fireplace, a grill station, and a spa. The sale price translates to roughly $6,100 per square foot, a figure that vastly exceeds the average house price in San Mateo County.

Zuckerberg, whose net worth is reported at $178.6 billion, acquired the property for an undisclosed amount in December 2021. His real estate portfolio, valued at approximately $320 million, includes properties across California and Hawaii.

A spokesperson for The Robert Dekanski Team noted that the sale price not only eclipses the average house price in the county but also exceeds the property's estimated worth by over $16 million. This has prompted discussions among industry professionals about the potential for increased investment and economic activity in Woodside, a town already home to business figures like Tom Siebel and Hazuo Hirari.

The details of the property were sourced from the original Redfin (NASDAQ:RDFN) listing. This sale adds to Zuckerberg's reputation for turning high-end investments into substantial profits and raises curiosity about future real estate dynamics in the Woodside area.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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