Originally marketed by Sotheby’s with a $47.5 million price tag back in 2012, the asking price for “Woodhaven Manor” – which was built in 1988 and includes a 12,000-square-foot main home, a 1,200-square-foot carriage house and a 1,000-square-foot guest house on over 3 acres of land at 700 Kings Mountain Road down in Woodside – was subsequently reduced and the estate was listed anew for $28.888 million in 2015.
Reduced a few more times over the past couple of years, to as low as $15.99 million in late 2017, the property went to auction this past December in Hong Kong, “in hopes of securing a Chinese-based buyer.”
From the auction site:
“Nestled in an extremely desirable and exclusive region of the United States, Woodside maintains its small-town sensibility despite its proximity to Silicon Valley and San Francisco. Horses are a part of the everyday culture here, with a plentitude of horse trails just outside your gates to indulge your inner-equestrian. A leisurely stroll into the village for dinner will find you at legendary Buck’s Woodside, where you can spy Silicon Valley deals being inked over a bottle of Chateau Lafite.”
And the winning bid for 700 Kings Mountain Road was $8.2 million. But with a required buyer’s premium of 15 percent, we’ll call it an effective sale price of $9.4 million. No official word as to the provenance of the buyer.