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Each week, Embarcadero Media takes a look at home sales activity along the Midpeninsula in the communities of Atherton, East Palo Alto, Los Altos, Los Altos Hills, Menlo Park, Mountain View, Palo Alto, Portola Valley and Woodside. Home sales are provided by California Resource, a real estate information company that obtains the information from counties’ recorder’s offices. Information is recorded from deeds after the close of escrow and published within four to eight weeks. Here’s a look at home sales activity between March 30 – April 17 that was made public the week of May 11.
Of particular interest this week … An 11,504-square-foot Atherton home sold for a whopping $32.5 million on March 30, ranking as the ninth most expensive home sale in the country recorded for the month, according to a Redifn report. County records show Fairview Ave. Holdings LLC sold the six-bedroom residence to Sunny Residential Property LLC. Built in 2015, the home was previously owned by PayPal’s first COO, David Sacks, who purchased the property in 2016. The Atherton sale appeared on the same top 10 list as Mark Zuckerberg’s reported $170 million purchase of a waterfront estate on Miami’s “Billionaire Bunker” island, which topped the list as the nation’s most expensive home sale in March.
