Villa Lauriston, in the South Bay area of Silicon Valley is up for auction. The tech valley is also known for its prime real estate and very expensive homes. Owning a luxury home in the Valley gives you a feeling of having arrived in your life and career. Villa lauriston is one of the finest residences in South Bay. The estate spread over 28.4 acre of prime real estate will be auctioned on April 21, 2013. The sale is being handled by consultant Guy Masters and Sotheby’s International Realty. The reserve price of the opening bid has been fixed at $8,880,000. The property is close to Sand Hill Road and Stanford University.
Villa Lauriston Spread Over 16,000 Sq. Ft Was Built in 1920s
The Florentine style mansion was originally built in the 1920s for Herbert Edwards Law who owned Fairmont Hotel in San Francisco at the time. The main house on the estate provides 16,000 square feet of living space featuring 20 spacious rooms. The sprawling grounds around the house are rich in natural greenery. There are thousands of acres dedicated open spaces around the estate that provide privacy, serenity, and the bountiful natural beauty to the estate. Villa Lauriston is rich in amenities with its own library, 7 bedrooms with 6 bathrooms, tennis court, swimming pool and a 6-car garage building with guest house at the top.
Silicon Valley Estate Bought in 1995 for $10 Million; Listed for $15.88 Million
The property is fit to be converted into a luxury holiday retreat. Its vast garden area, manicured lawns, sunken garden, 2 acre vineyard, vegetable garden and even natural streams and waterfalls makes it the ideal place to relax and forget about the technology business to recharge your batteries. The property had last changed hands in 1995 when the current owner had purchased it for $1,000,099 only. The estate is well maintained and has been listed several times in the past with different asking prices. The last time it was listed it carried a price tag of $15,880,000. It will be interesting to see what price the Villa Lauriston fetches in the auction.