No. 2 most expensive Bay Area home sold for $40M

A luxurious Silicon Valley home in the nation’s most expensive ZIP code recently sold for $40 million, landing it at No. 2 in the ranking of most expensive publicly listed houses sold in the Bay Area so far this year, according to data provided by Compass Real Estate.

The 233 Park Lane property in the San Mateo County town of Atherton sold in October, 10 months after being listed for sale for nearly $50 million, according to Zillow. At 14,215 square feet on a 1.3-acre lot, the home boasts six bedrooms, eight full bathrooms, three half-bathrooms, both an indoor and outdoor pool, a home theater, wine cellar, a full gym and other amenities. It also has a 1,000-square-foot guest house and a pool house.

The sellers bought the property in 2017 for $15 million and finished building the home last year, according to the Real Deal, quoting listing agent Michael Repka at DeLeon Realty. However, the unidentified owners decided to move out of the area and sell the newly completed house, which came with custom-curated furniture, art, linens and cutlery, Repka said. 

According to data provided by Compass Real Estate, the Atherton home was the second-highest-price sale this year in the nine-county region….