Former Google Chief Executive Officer and Chairman, Eric Schmidt, has listed his expansive Northern California compound for sale at a substantial asking price of US$24.5 million, revealing a significant appreciation in property value since its purchase over three decades ago.
Schmidt, renowned for his extensive real estate acquisitions across prominent US cities, acquired the Atherton property in 1990 for a fraction of its current listing price, according to the Robb Report.
The property, represented by Katharine Carroll of Compass, is nestled in the affluent Silicon Valley enclave of Atherton, renowned for its luxury estates and high-profile residents.
The compound spans approximately 3.3 acres and has been meticulously upgraded during Schmidt’s tenure.
The estate features a European-inspired main mansion alongside a modern guesthouse designed by Schwanke Architecture, collectively housing five bedrooms and eight bathrooms across more than 483sq m of living space.
The residence is approached via two gated driveways leading to a trio of motor courts, including one adjacent to a detached three-car garage with a lower-level recreation room.
The interior boasts a grand entry foyer with herringbone-style hardwood floors and a curving iron-railed staircase.
This opens to several elegantly appointed rooms including a living room with a fireplace, a formal dining room, and a gourmet kitchen equipped with marble countertops, dual sinks, dishwashers, and high-end appliances.
A breakfast nook with a bay window overlooks a patio featuring a water element.
Additional luxurious amenities include a wood-panelled office, a wet bar-equipped family room, and a sunroom, all designed to offer comfort and style.
The upper level houses a primary bedroom suite with access to a large private terrace, a dressing room, and an en-suite bathroom highlighted by a marble shower and soaking tub.
The grounds are as impressive as the interiors, with mature landscaping, a swimming pool and spa, and multiple areas suited for outdoor entertaining.
A separate security building and a charming Amdega Conservatory from the UK, now used as a greenhouse, complete the estate.
Schmidt’s real estate portfolio extends beyond Atherton, encompassing properties in Miami Beach, Beverly Hills, New York City, and Washington, D.C., highlighting his continued influence and investment in prime real estate across the nation.
