Thursday, 16 October 2014

Sheryl Sandberg of Facebook sells Atherton mansion for $9.25 million

Sheryl Sandberg, author of "Lean In" and chief operating officer of Facebook, has quietly sold her estate in Atherton, California, for $9,250,000.
She and her husband, SurveyMonkey CEO David Goldberg, bought the home in late 2004, when she was still a Google executive. They paid $7,995,000 for the then-new private and gated mansion.
She joined Facebook in March 2008, which was then headquartered in Palo Alto, less than 10 minutes away from her Atherton home. With a short commute and a gorgeous place to call home, Sandberg was living the Silicon Valley dream.
But in December 2009, she and her husband bought and razed a house in nearby Menlo Park and began building a very modern home with a futuristic glass and steel exterior. In 2011, Facebook moved its headquarters to Menlo Park.

Last year, Sandberg's family finally moved into the Menlo Park house, listing the Atherton house at $10.5 million in September 2013. It was most recently listed at $9.8 million. The sale quietly closed last month at $9.25 million but is just now being reported.The Atherton house is in the 94027 ZIP Code, just named the nation's most expensive ZIP for the second year in a row by Forbes. It's a traditional style with 7 bedrooms and 8 bathrooms in 11,430 square feet of living space, including a main residence and a guest house with full kitchen.
By contrast, her new Menlo Park home has 6 bedrooms and 6 bathrooms, according to plans and permits filed with the city of Menlo Park, in more than 9,200 square feet. The first floor has a great room stretching over 800 square feet, and a subterranean basement houses an office, gym, wine room, theater, and guest bedroom. Atop the home, Sandberg installed solar panels and a “living roof.”
The Symon Group of Alain Pinel Realtors represented Sandberg and Goldberg in the sale and Kay Wang, also of Alain Pinel Realtors, represented the buyer.

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