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Marc Andreessen, the prominent figure in the tech, crypto, and venture capital sectors, has amassed a considerable real estate portfolio. His properties in Malibu alone are valued at over $255 million, featuring a compound in Paradise Cove, an adjacent property worth $34 million, and a $44.5 million residence on Escondido Beach. Given his substantial time spent in Southern California, Andreessen has decided to put his long-held Northern California residence in Atherton on the market.
Listing Details and History
The asking price for Andreessen's Atherton property exceeds $33 million, doubling what he and his wife paid for it over 17 years ago. Built in the mid-1990s and extensively renovated during their ownership, the gated 1.5-acre estate includes a Tuscan-style mansion, a guesthouse, and a separate office/studio. With five bedrooms and seven baths spread across over 12,400 square feet, the main residence boasts luxurious features such as cherry floors, multiple fireplaces, and high-tech amenities like home automation and security systems.
Interior Highlights
Inside the mansion, visitors are greeted by a grand foyer leading to a three-story living space, complete with an elevator for accessibility. Notable features include a soundproof living area, two kitchens equipped with top-tier appliances, a formal dining room, and a family room opening to a covered terrace with a barbecue. Additional amenities comprise a den with an adjoining office, a recreation/media room, a gym, and an upstairs lounge connecting to the primary bedroom, which features a private balcony, walk-in closets, and a lavish marble-clad bathroom.
Outdoor Amenities and Extras
The manicured grounds surrounding the residence offer a blend of natural and synthetic grass lawns, specimen trees, gardens, and fountains. An arbor-covered media lounge provides an outdoor entertainment space. Additionally, the property includes a one-bedroom guesthouse with a kitchen and living area, an office/studio with a kitchenette and bath, and a three-car garage with an additional office and catering space.
Other Properties
Apart from the Atherton estate, Andreessen reportedly owns properties in Malibu and a $36 million vacant lot near Las Vegas, adding to his extensive real estate holdings.
Conclusion
Marc Andreessen's decision to sell his Atherton residence marks a significant move in his real estate ventures, showcasing his diverse and substantial property portfolio across desirable locations.