facebook
Traded Co logo
Submit a Deal
170 Atherton Avenue & 154 Atherton Avenue
SOLD

Deanna Surbaugh Of Frank Rimerman & Co Acquires Atherton Estate From Gap For $48M

170 Atherton Avenue & 154 Atherton Avenue

Single Family
clock iconSold 40 days ago
Mary Gullixson
Brent Gullixson
the dealplayerscompscontact
share iconContact now

Summary

Sale
CALIFORNIA
Single Family

The property involved in the transaction is located at 170 Atherton Avenue & 154 Atherton Avenue in Atherton. This single-family estate spans 6 acres and was sold by Doris Fisher, the Gap co-founder, to Deanna Surbaugh of Frank Rimerman + Co - Magnificent Trees LLC & Majestic Trees LLC for a sale price of $48,000,000. Originally marketed as an 8-acre property, the estate includes an older home situated on 6 acres.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $48,000,000
  • Buyer: Deanna Surbaugh - Frank Rimerman + Co - Magnificent Trees LLC & Majestic Trees LLC
  • Seller: Doris Fisher - Gap
  • Brokers: Brent Gullixson & Mary Gullixson - Compass
  • Market: Atherton
  • Address: 170 Atherton Avenue & 154 Atherton Avenue

The sale marks one of the largest trades in the Atherton area in recent years, as the majority of Doris Fisher's family estate changed hands. Notably, the estate had an initial asking price of $100 million in 2021 before being sold for nearly half that amount in the final transaction. Additionally, a 2-acre portion of the property was separately sold for $15.5 million to a high-end home developer.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Mary Gullixson's profile picture
Mary Gullixson
Compass-image
Realtor
$152.5M Sold
Brent Gullixson's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Mary Gullixson, Deanna Surbaugh, Doris Fisher & Brent Gullixson DATE: 06/03/2024 ADDRESS: 170 Atherton Avenue & 154 Atherton Avenue MARKET: Atherton ASSET TYPE: Single Family ~ ACRES: 6 BUYER: Deanna Surbaugh - Frank Rimerman + Co - Magnificent Trees LLC & Majestic Trees LLC SELLER: Doris Fisher - Gap BROKERS: Brent Gullixson (@Gullixsonteam) & Mary Gullixson - Compass (@Compass) SALE PRICE: $48,000,000 NOTE: Public records indicate that Gap co-founder Doris Fisher has sold the majority of her long-held family estate in Atherton for nearly $48 million, marking one of the largest trades in the area in the past five years. The estate, originally marketed as an 8-acre property, features an older home on 6 acres, which had an initial asking price of $100 million in 2021, while the remaining 2-acre portion sold separately for $15.5 million to a high-end home developer.

View on map

Loading...

Address170 Atherton Avenue & 154 Atherton Avenue

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want