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30 Trail Ln Woodside, CA 94...

Tomasz Tunguz Sells Woodside Estate For $20.75M To 30 Trail Lane LLC
SOLDSingle Family Residence

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

Zachary Trailer

Compass

Broker

$20.8M

vol

1 deal

Broker

Woodside Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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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