Updated Nov 6, 2026
Jeffrey Housenbold Of Beast Industries Sells 2 Carolina Lane In Atherton For $28.4M
2 Carolina Lane
$28,400,000
$2,513/SF
Building Size
11,300 SF
Asset Type
Single Family
Closing
Nov 5, 2026
About this deal
AI
A single-family mansion located at 2 Carolina Lane in Atherton, California, has been sold for $28.4 million. The property encompasses 11,300 square feet and is situated on a 1.3-acre lot. It features various amenities, including a pool, pickleball court, fitness center, wine cellar, and batting cage, and achieved a sale price that is 5% below its original asking price of $29.8 million, closing in less than two weeks after being listed.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $28,400,000
- Address: 2 Carolina Lane
- Market: Atherton, CA
- Square Footage: 11,300
- Price Per Square Foot: $2,513
- Seller: Jeffrey Housenbold - Beast Industries
- Broker Representatives: Steve Lessard, Brent Gullixson & Mary Gullixson - Compass
- Acres: 1.3
The transaction was facilitated by brokers Steve Lessard, Brent Gullixson, and Mary Gullixson, who represent the seller, Jeffrey Housenbold of Beast Industries. The swift closure of the sale reflects the team's effectiveness in the competitive Atherton real estate market.
On the Map
$28,400,000
$2,513/SF
Single Family
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Players
Atherton Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $28.4M for 11,300 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93