Elon Musk walks the walk, lists two of his six Bel Air homes

After Elon Musk tweeted he was “selling almost all [my]
physical possessions,” to his 33.6 million Twitter followers late
last week, many chalked up the bold pledge as par-for-the-course
blustering from the full-time Twitter troll and tech tycoon.

But now it appears the Tesla and SpaceX chief was actually quite
serious. He’s already listed two of his
six homes
in L.A.’s Bel Air neighborhood, asking $30 million
for his longtime main residence and $9.5 million for a much smaller
home across the street, which was previously utilized as a private
schoolhouse for his children. Both homes are listed as “for sale
by owner” and include a motley batch of mostly non-professional
photographs, including one that shows two of Musk’s Teslas
sitting in his driveway.

While eschewing realtors by selling directly is not typical in
L.A.’s high-end market, particularly when the seller is a
high-profile celebrity, it’s certainly been done before. Earlier
this year, Jeff Bezos paid a
record-shattering $165 million
for David Geffen’s titanic
Beverly Hills compound, in a deal consummated without the aid of
any agents. The moguls’ attorneys simply reviewed the documents
and oversaw the transaction, likely saving Geffen millions in real
estate fees.

Of course, Musk has always opted to forge his own unique path in
life, sometimes to the consternation of his fans and detractors
alike. Just prior to casting off his homes, he tweeted that
Tesla’s stock price was overvalued — prompting a massive price
dip and tanking the company’s value by $14 billion.

The larger Bel Air house, asking $30 million, sits behind gates
and a veritable forest of tall hedges and mature trees. Originally
built in 1990 and since extensively renovated, the towering
structure has more than 16,000 square feet with seven bedrooms and
11 baths. Musk picked up the property in late 2012, paying $17
million, though it’s likely appreciated in the years since.

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Across the road lies the other house, far more modest and wholly
unpretentious, spanning about 2,600 square feet with a
kidney-shaped swimming pool. From its hilltop perch, the 1951
sprawler — the former residence of Gene Wilder — has views
across the Bel Air Country Club fairways and to the city lights

But even if Musk manages to unload both properties himself,
he’s still got those four other Bel Air homes — one purchased
for $4.3 million, another for $20 million, and the latest one ran
him $6.4 million. His priciest property, however, is a blocky
contemporary mansion that he bought unfinished in 2016 for $24
million and has since spent millions to complete. Whether those
will come to market in the near future remains unclear.

One person who did not take kindly to the news of Musk’s great
real estate sell-off was his longtime girlfriend, the musician
Grimes, with whom he welcomed a baby boy on Monday.

My gf @Grimezsz is
mad at me

— Elon Musk (@elonmusk)
May 1, 2020

It’s not know where Musk plans to live once — and if — all
his California homes are sold, but Grimes does own her own house in
Pasadena, purchased back in 2017 for $1.7 million. That property,
however, has been undergoing extensive renovations and is not
currently livable.

Source: FS – All – Real Estate News 1
Elon Musk walks the walk, lists two of his six Bel Air