Bay Area's Most Expensive Homes Sold in 2024

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Bay Area's Most Expensive Homes Sold in 2024
Bay AreaReal EstateLuxury Homes
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Discover the luxurious features and hefty price tags of some of the Bay Area's most expensive homes sold in 2024. From pickleball courts to in-home ice rinks, these properties offer a glimpse into the extravagant lifestyles of the region's elite.

A backyard pickleball court. An in-home ice rink. A golf course — these are just a few of the perks that come with owning some of the most expensive homes sold in the Bay Area last year. Originally designed in 1917 and then rebuilt in 2013, 202 Camino Al Lago features an array of marble, onyx and hand-selected mosaics and tiles.

In October, Christopher Varelas, founding partner of venture capital firm Riverwood Capital and former executive at the investment bank Salomon Brothers, and wife Jessica sold their 8,499-square-foot Italian-style villa. The buyer was Dmytro Gerasymenko, CEO of the Singapore-based tech company Ahrefs, and Natthaya Meundaeng Gerasymenko, a university lecturer who now runs a crepe joint in Singapore. Atherton-based developer Abergel built this 11,175-square-foot home with seven bedrooms, eight bathrooms, as well as a gym, movie theater, steam room, sauna and wine room. The buyers were listed as Lani Kapur Rains Trust and Coit Tower Trust. Kapur is director of wealth management for the San Francisco wealth manager Aspiriant. 3630 Jackson St. in San Francisco was under renovation, as of Monday, Jan. 6, 2024. It was the home that ignited a pickleball controversy. This mansion sits next to the Presidio Wall, a popular “pickling” destination in San Francisco. In 2023, the home’s owners, Holly Peterson and her husband Karl Peterson, a venture capitalist and founder of Hotwire.com, started a petition to have the courts environmentally assessed due to the potential noise impact on migrating birds. When the home went up for sale later that year, the listing revealed that the Petersons have theirin 2007, the Wall Street Journal reported. Designed by renowned architect Julia Morgan, the home was built in 1917 for Abraham Rosenberg, a dried-fruit baron in the late 19th century. The buyer was 3630 Jackson LLC, which is registered to a P.O. box in Fort Worth, Texas, associated with Kelvin Lloyd Davis, head of North American Buyouts Group within the Fort Worth-based Texas Pacific Group. The home is currently undergoing extensive renovations. Immanuel Thangaraj, a venture capitalist with a focus on the health care industry, sold this new-build home of 12,352 square feet sits on 1.4 acres in West Atherton. The buyer was 289 Park Lane LLC, an LLC registered to a UPS mailbox in Saratoga, is affiliated with a trust in the names of Ji Zhao and Chengyu Guo. Venture capitalist George Sarlo — who survived the Holocaust and went on to cofound Walden Venture Capital, an investor in Pandora Media — sold his 8,000-square-foot home in San Francisco’s exclusive Sea Cliff neighborhood, with the proceeds going to his family foundation, which primarily benefits families around the Bay Area. It was the most expensive property ever sold in the neighborhood. Sarlo bought the property for $2.2 million in 1993. Since then, he has updated the house with a new kitchen and breakfast room, a two-car garage and electric vehicle charging stations. Tania Toubba, the listing agent, said that ahead of showing the home, her team worked to curate an art installation within the home’s entertaining spaces that “elevated the home’s perceived value” and “resonated powerfully with discerning buyers”. 275 Camino Al Lago in Atherton, Calif. sold for $29 million in 2024. Palo Alto-based NexGen Builders sold this 11,300-square-foot new-build in West Atherton in June 2024. According to property records, the buyer was Stellar Prosperity LLC, a company affiliated with Luxshare Tech, a major supplier for Apple products, and whose technology is also used in AI data centers. The company’s cofounder is Wang Laichun, who in 2021 ranked as the second-richest woman in China. The listing agent, Nathalie de Saint Andrieu, said that she couldn’t disclose the buyer, but said that the listing attracted several people working in tech, as well as foreign buyers. She said that the home’s appeal was its “quiet luxury” feel, in which “the quality and elegance of the home took precedence over the ‘stuff.'”After sitting on the market for two years, this four-story, 11,690 square-foot Pacific Heights home sold in August 2024, making it the year’s second-most-expensive property sold in San Francisco

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