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Google's former CEO lists $24.5 million mansion in most expensive ZIP code in the US
Google's former CEO lists $24.5 million mansion in most expensive ZIP code in the US
Ana AltchekMay 4, 2024, 15:53 IST
Eric Schmidt bought his mansion for around $2 million in 1990, according to Zillow, and is now trying to sell it for $24.5 million.Vivien Killilea/Peter Lyons/Getty
Eric Schmidt, Google's ex-CEO, is selling his Atherton mansion for $24.5 million.
The property, located in the most expensive US zip code, includes a main home and a guest house.
Google's former CEO, Eric Schmidt, and his wife, Wendy, are selling their Atherton mansion for $24.5 million.
The 5,265 square-foot listing includes a main home and a guest house in the most expensive zip code in the US. Schmidt's current net worth is estimated at around $23.9 billion, according to Forbes' ranking.
Schmidt, 69, served as CEO of Google from 2001 to 2011. He later served as chairman for Google and its parent company, Alphabet, until 2018.
The five-bedroom home at the top of a cul-de-sac in Atherton has been Schmidt's primary residence for the last several decades.
Schmidt purchased the Atherton home for $2 million in 1990.Peter Lyons
Atherton, a small town in San Mateo County, is known to be a hotspot for tech moguls, like former Facebook COO Sheryl Sandberg, Microsoft cofounder Paul Allen, and former HP CEO Meg Whitman.
Other tech titans like Sheryl Sandberg and Paul Allen also purchased Atherton homes.Peter Lyons
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Tech investors Ben Horowitz and Marc Andreessen, as well as early Tesla investor Alan Salzman, have also bought properties in Atherton.
The home has dark hardwood flooring and traditional nodes of design.Peter Lyons
It isn't the only home Schmidt bought in California. He bought Ellen Degeneres and Portia de Rossi's 7,000-square-foot Montecito mansion in 2007.
Schmidt's portfolio includes multiple properties on the East and West Coast.Peter Lyons
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He also bought homes on the East Coast. In 2013, he purchased a $15 million penthouse in New York City and reportedly spent millions soundproofing it.
The Atherton kitchen has marble counters, white wooden cabinets, and a steel stove area.Peter Lyons
The exterior of the guest house has an outdoor fireplace, an amphitheater on one side, and a cascading water feature on the other.
The home was designed by Schwanke architecture in 1969.Peter Lyons
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The home has multiple terraces and access to the outdoors in almost every room.
The home has ample amounts of natural light.Peter Lyons
The estate has five bedrooms, eight total bathrooms, and a fireplace in the living room and family room.
The estate has five bedrooms and eight total bathrooms.Peter Lyons
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Schmidt's mansion includes three acres of park-like grounds and an outdoor pool.
The property has an outdoor pool and three acres of park-like grounds.Peter Lyons
Like many Atherton homes, landscaping surrounding the house creates a secluded feel to the property.
Many Atherton homes are secluded by landscaping or fencing.Peter Lyons
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The estate includes a diverse selection of mature plants and specimen trees from Amdega Conservatory imported from the UK.
The home features a greenhouse. Peter Lyons
The home also has several areas for growing plants or produce.
The home has a greenhouse and outdoor garden area.Peter Lyons
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The home embraces the California landscape of while incorporating European design.
The dining room has a traditional design with large windows and greenery. Peter Lyons