Tomasz Tunguz Sells Woodside Estate For $20.75M To 30 Trail Lane LLC
30 Trail Ln Woodside, CA 94062, USA
$20,750,000
$2,046/SF
Building Size
10,138 SF
Asset Type
Single Family Residence
Closing
Aug 28, 2023
AI
A prominent venture capitalist, Tomasz Tunguz, recently sold his Woodside estate for $20.75 million, just two years after purchasing it for $20 million. The property spans an impressive 7.69 acres and includes multiple houses and luxurious amenities. The sale took place at 30 Trail Lane in the Woodside market, making it a substantial transaction in the area.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $20,750,000
- Address: 30 Trail Lane
- Market: Woodside
- Square Footage: 10,138
- Price per Square Foot: $2,047
30 Trail Lane LLC, linked to an accounting firm known for advising venture capital clients, acquired the Woodside estate from Tomasz Tunguz. The buyer's representative in the deal was DeLeon Realty, while the seller's representative was Zachary Trailer from Compass. This transaction demonstrates a significant change of hands for the property, highlighting the involvement of key individuals and companies in the real estate market.
It is worth noting that the sale price of $20.75 million signifies a modest increase of $750,000 from Tunguz's initial purchase price of $20 million. This successful transaction emphasizes the desirability and value of the Woodside property, as well as the savvy decision-making of all parties involved.
Players
Woodside Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93