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Tech Exec Nikesh Arora Parting With Atherton Mansion for $18.8M


Tech Exec Nikesh Arora Parting With Atherton Mansion for .8M

Nikesh Arora

Kiyoshi Ota/Bloomberg via Getty Images; realtor.com

Atherton, CA, is known as a quiet spot for the titans of technology to unwind. And it’s the exclusive enclave where you’ll find this property going for $18.8 million.

According to property records, the seller is former Google exec Nikesh Arora. Arora left Google in 2014 to become second in command at Japanese conglomerate Softbank. After a couple of years with Softbank, Arora resigned when it became apparent he wasn’t going to have a chance to take over from Softbank CEO Masayoshi Son.

Although the price is sky-high, it’s not even the most expensive home on the market in Atherton. It’s topped by five other wallet-busting homes, including a $39.75 million mansion.

The town’s South Bay locale offers proximity to Google, Apple, and Facebook. The area is home to many famous tech types willing to shell out millions for a residence, and Forbes named it the priciest ZIP code in the United States. Eric SchmidtSheryl Sandberg, and Charles Schwab have all called the place home.

Now a buyer can plot a takeover of Arora’s lavish home. The home was purchased in January 2010 for $11,625,000. So if the mansion goes for anywhere near the asking price, it’ll be a robust ROI.

The prestigious location has clearly helped to push the price higher. But with this property, you get a lot for your money.

Completed in 2010, the 11,965-square-foot home offers five beds, 6.5 bathrooms, and three floors—with elevator service to all three floors.

Open kitchen
Kitchen

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The executive estate, with interiors designed by London-based Rachel Laxer Interiors, features lofty ceilings, white oak flooring, and a “tremendous” combined kitchen and family room with retractable doors.

Retractable doors
Retractable doors

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There’s also a library/office, recreation room, theater, fitness center and spa bath, and wine cellar.

Pool
Pool

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The outdoor space is landscaped and includes a pool, spa, heated lounge and dining areas, and a full bathroom. An underground garage can hold up to six cars.

It’s the perfect luxe lair for a tech tycoon. CEOs should submit their bids ASAP.

The post Tech Exec Nikesh Arora Parting With Atherton Mansion for $18.8M appeared first on Real Estate News & Insights | realtor.com®.

Source: Real Estate News and Advice – realtor.com » Real Estate News