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Convicted Varsity Blues couple asking $15.5M for Atherton home

Couple’s three-story residence is on about an acre in a town where single-family homes sell for $9M

Manuel and Elizabeth Henriquez with 23 Flood Circle in Atherton (Getty, Compass)
Manuel and Elizabeth Henriquez with 23 Flood Circle in Atherton (Getty, Compass)

Manuel and Elizabeth Henriquez, convicted and imprisoned in the Varsity Blues college admissions scandal that netted Lori Loughlin and Felicity Huffman, are asking $15.5 million for their six-bedroom house in Atherton, the U.S.’s most expensive zip code over the past five years.

The three-story residence at 23 Flood Circle is on about an acre in northeast Atherton, a San Mateo County town of about 7,200 people where single-family homes sell for $9 million. Built in 2002, it’s almost 7,900 square feet and includes five baths, three half baths and a pair of offices, according to its Compass listing. Its grounds include a pool, hot tub and pavilion.

The home’s first floor has living and dining rooms and a kitchen, while its second and third levels contain its primary suite, four of its six bedrooms, three baths and a walk-in closet, the listing said. It also has a basement with a rec room, a wine cellar, a gym and a bar.

Compass’s Zach Trailer, its listing agent, didn’t respond to requests for comment.

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The couple pleaded guilty in 2019 to conspiring to commit fraud and money laundering, admitting to paying college admissions consultant William Singer about $50,000 to fix their two daughters’ college entrance exams on five occasions, the Los Angeles Times reported.

Prosecutors alleged that they paid Singer another $400,000 to help one of their daughters get into Georgetown University as a tennis recruit even though she wasn’t a competitive player, according to Bustle, an online magazine.

A federal judge sentenced Elizabeth Henriquez in March 2020 to seven months in prison, two years of supervised release, 300 hours of community service and a $200,000 fine. The same judge sentenced her husband, the former CEO of a Palo Alto venture capital firm, to six months in prison, two years of supervised release, 200 hours of community service and a $200,000 fine in July 2020. The court ordered him to report to prison the following February, about a month after his wife’s prison term ended, Bustle said.

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