The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market with a bit of fanfare and an $88 million price tag back in 2015.
Features of the five-bedroom home include a 3,000-bottle wine “cellar” adjacent to the main dining room. There’s an indoor swimming pool with a retractable roof, spa and swim-up bar. And there’s a freestanding 1,024-square-foot executive center with a conference room and kitchenette, not to mention a six-car garage and 12 outdoor fire pits sprinkled across the eight-acre estate.
With a little less fanfare and hidden behind an undisclosed address, the “resort-like estate in Los Altos Hills” was quietly listed for $68 million early last year, as we first reported at the time and despite the original list price of $88 million having “reflect[ed] the cost of construction and the price of land,” according to the listing agent at the time.
And this morning, 27500 La Vida Real was quietly listed anew with a $55 million price tag.