Friday, October 11, 2013

Mark Zuckerberg buys FOUR houses next to his Silicon Valley home for$30million




Mark Zuckerberg has bought the four houses surrounding his multi-million dollar home but he doesn't plan on knocking them all down to make one giant complex.
Instead he will be renting it out to the current residents as he reportedly bought the homes to avoid a developer doing the same thing.

The developer was going to build a huge house and market the property as being next door to Mark Zuckerberg,' a source told The San Jose Mercury News.

The paper reports that this form of personal privacy came with a total price tag of $30million as he has spent less than a year buying up four different properties on his block.
The prices and sizes of the homes vary and one cost more than $14million which one realtor said was 'absurdly high'.
The first of the four that he bought through a legal entity is located directly behind his house and then he got two more behind his house and one directly next door.
That's twice the price the Facebook founder paid for his own home when he bought it for he and his then-girlfriend Priscilla Chan.


The couple got married in a surprise ceremony at the home, and invited guests thought that it was just a graduation for Chan as she had just finished medical school.
While he has no intention of staying in any of these new homes, he and his wife did purchase a pied a terre for themselves in one of San Francisco's priciest neighborhoods. 
The home that they live in full time- and the four that they now own surrounding it- is in the Crescent Park neighborhood in Silicon Valley and is less than a ten minute drive to Facebook's headquarters in Menlo Park.
That area is about 40 minutes outside of San Francisco, and now the couple owns a house in the heart of the city. 
The four-bedroom house in Dolores Park is now undergoing over $1.6million worth of renovations.

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