CFAH

Buy It Now in Los Altos Hills for $3.2 Million Less

March 29, 2016

27040 Old Trace Lane Aerial

Listed for $19.988 million in January, the asking price for the 3.3-acre Los Altos Hills estate owned by Jeff Skoll, the first employee and former President of EBay, has just been reduced to $16.75 million, a quick $3.24 million (16 percent) cut.

Built in 1990, the 14,000-square-foot main home on the property features eight bedrooms, ten bathrooms, seven fireplaces, a gaming area with adjacent bar and an indoor basketball court and climbing wall.

27040 Old Trace Lane
27040 Old Trace Lane Entry
27040 Old Trace Lane Living
27040 Old Trace Lane Dining
27040 Old Trace Lane Kitchen
27040 Old Trace Lane Den
27040 Old Trace Lane Game Room
27040 Old Trace Lane Bar
27040 Old Trace Lane Court

Skoll, who’s now primarily a producer and philanthropist and owns a couple of homes in Beverly Hills, purchased the gated estate at 27040 Old Trace Lane for $14.25 million in early 2013, at which point it was listed for $16.8 million having been reduced from $19.88 million in 2012.

Comments from Plugged-In Readers

  1. Posted by BobN
    7 years ago

    Quite a schlep from the tennis courts to the pool.

  2. Posted by soccermom
    7 years ago

    Segway.

  3. Posted by c_q
    7 years ago

    listing should say: *RARE* Los Altos Hills MINT house NO RESERVE

  4. Posted by SocketSite
    7 years ago

    UPDATE: The sale of 27040 Old Trace Lane has closed escrow with a reported contract price of $16.5 million.

Comments are closed.

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