Updated Sep 5, 2024
Anthony Precourt Sells Hillsborough Estate For $17M In Highest-Priced Sale Since Elon Musk's Former Home
869 Culebra Road Hillsborough, California 94010, USA
$17,000,000
$1,901/SF
Building Size
8,940 SF
Asset Type
Single Family
Closing
Jun 6, 2023
About this deal
AI
An estate in Hillsborough, California, has been sold for $17 million, making it the highest-priced sale in the area since Elon Musk's former home sold for $30 million. The French Country-inspired estate, situated on a spacious 2.3-acre lot, offers a unique and luxurious living experience in the exclusive Hillsborough neighborhood.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $17,000,000
- Address: 869 Culebra Road, Hillsborough
- Market: Hillsborough
- Asset Type: Single Family
- Acres: 2.3
The sellers of this remarkable estate are Agatha and Anthony Precourt. The transaction was facilitated by the brokers Heather Hansen and Alex Buljan from Compass. Heather and Alex represented Agatha and Anthony in this successful sale.
On the Map
$17,000,000
$1,901/SF
Single Family
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Hillsborough Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $17M for 8,940 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93