Silicon Valley titan Eric Schmidt is selling his decades-long house in Atherton for $24.5 million.
The former CEO of Google and his wife, Wendy, have listed the 3.4-acre wooded estate at 366 Walsh Road, SFGate reported.
The Schmidts bought the 5,300-square-foot home in 1990 for $2 million, according to property records.
The couple then spent decades adding to the estate, including two purchases of adjacent land, bringing the property up to more than 3 acres. They also renovated the estate.
Compass listing agent Katherine Carroll declined to confirm or deny the Schmidts’ ownership of the Walsh Estate, according to SFGate. But the property’s address and geography match prior reporting on the Schmidts’ home.
The property includes a five-bedroom, six-bathroom house, guest house, security office, greenhouse and a detached three-car garage with an entertainment room.
The two-story main house, clad in white, contains a formal entry with a stairway and herringbone wood floors throughout, according to the listing.
It has a gourmet kitchen with a breakfast nook, living room, family room, dining room, office-study and sun room, which overlook a swimming pool surrounded by lawns and fruit trees.
Upstairs, a master bedroom includes an ensuite bath and dressing room, with a balcony overlooking the pool.
It has ample room for “entertaining a crowd,” according to its listing, while being “incredibly private.”
Carroll compared the property to Woodside’s historic Filoli mansion and garden. “From the moment you step onto the grounds, it feels as if you’ve been transported to a private botanical sanctuary,” she told SFGate.
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Atherton, with a typical home price of $8.3 million, has been the most expensive ZIP code in the nation for the last seven years. Last month, tech billionaire Marc Andreessen and his wife, Laura, listed their Atherton estate for $33.4 million.
Eric Schmidt served as CEO of Google from 2001 to 2011, then moved into artificial intelligence and technology investing, advising and philanthropy.
The couple recently bought Jackie Kennedy’s former mansion in Washington, D.C., and own homes in Montecito, Nantucket, Los Angeles and New York.
— Dana Bartholomew