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Reading: Western White Home sells for $23M, amongst prime native gross sales
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Michigan Post > Blog > Real Estate > Western White Home sells for $23M, amongst prime native gross sales
Real Estate

Western White Home sells for $23M, amongst prime native gross sales

By Editorial Board Published October 26, 2024 3 Min Read
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Western White Home sells for M, amongst prime native gross sales

Located on practically three acres, the property options 11 bedrooms, 14 loos, a wine cellar, workers rooms—each added in the course of the Elies’ renovation — and a swimming pool. Regardless of these intensive upgrades, the Elies in the end discovered the house too giant and selected to not transfer in.

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The Western White Home, a White Home duplicate in Hillsborough, California, has offered for $23 million forward of the presidential election, The Wall Road Journal reported Thursday. Nevertheless, the subsequent president will presumably not be transferring in.

This $23 million sale ranks amongst Hillsborough’s highest residence gross sales, following the file $30 million sale in 2022, in line with The Journal. Alex Buljan of Compass and his father and colleague, Pierre Buljan, shared the itemizing.

The identification of the client has not been publicly launched.

Situated at 401 El Cerrito Avenue, the house was initially listed in June 2023 for $38.9 million. House owners Mehrdad Elie, an actual property investor, and his spouse, Neda Elie, thought of promoting at public sale earlier this 12 months however opted to maintain it in the marketplace as a substitute. The property went below contract earlier this month.

The Elies bought the house in 2022 for $15 million and invested round $6 million in renovations whereas preserving its White Home-inspired options. Initially constructed within the 1870s as a four-story Swiss chalet, the house was remodeled right into a White Home duplicate within the Nineteen Thirties by George R. Hearst, the son of media mogul William Randolph Hearst.

George commissioned the late architect Julia Morgan to revamp the house with Neoclassical Georgian parts, together with columns, Palladian home windows and a duplicate of the White Home Rose Backyard, together with inside replicas of the Oval Workplace and East Room. The 24,000-square-foot mansion exudes luxurious, mixing intricate crown molding, polished wooden flooring and chic chandeliers with fashionable finishes, in line with the itemizing.

Located on practically three acres, the property options 11 bedrooms, 14 loos, a wine cellar, workers rooms — each added in the course of the Elies’ renovation — and a swimming pool. Regardless of these intensive upgrades, the Elies in the end discovered the house too giant and selected to not transfer in.

E-mail Richelle Hammiel

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