Loan limits will likely go up to $625K in 2022, but FHFA hasn’t announced it yet. Still, higher home values have convinced some lenders to boost loan limits now.WASHINGTON –
Paul Allen's Silicon Valley estate just hit the market for $41.5 million; check it out ☘ Hoey Team ☘ eXp Realty
Dated: October 20 2019
Take a look inside the late Microsoft cofounder's 7-bedroom mansion in America's richest town
Atherton is the richest town in the US.
The nearly 18,000-square-foot mansion is in Atherton, an affluent California town of about 7,000 people. Among that population are several high-profile tech executives.
Atherton is about four miles from Palo Alto — which is home to Stanford University and the headquarters of many tech companies, including Hewlett-Packard and previously Facebook — and roughly equidistant between San Francisco and San Jose.
"Silicon Valley is really the corridor from San Francisco down to San Jose, so this is equidistant for anyone looking to travel to a company along that corridor," Charney said
Allen's seven-bedroom estate is the most expensive home currently listed in Atherton, according to listing agent Courtney Charney of Parc Agency
The home is built on what's called a "flag lot," which means the home sits at the end of a long driveway.
"It's set back from the street and it really offers the utmost in privacy," Charney said.
The interior of the three-level, 17,686-square-foot main home was designed with warm wood and neutral tones throughout.
"It's a large home, but when you are in the home it has this incredible ability to envelop you and make it feel warm and inviting," Charney said
The light-filled home, designed by Olson Kundig, features high ceilings and large windows.
The living room features a limestone fireplace and built-in shelving.
The dining room, which includes an elevated limestone fireplace at eye-level, can seat at least 10 people
In the kitchen, you'll find Carrera marble counter and white oak cabinetry, double ovens, two Miele dishwashers, and a Sub-Zero refrigerator and freezer
There are two master bedroom suites: one on the main level of the home and one on the second floor.
Each suite comes with a marble bathroom with double vanities
The main floor master bathroom includes a marble soaking tub with views of the backyard
as well as an expansive walk-in closet.
The upstairs bathroom has its own soaking tub with garden views
An elevator serves all three levels of the home
The house's audio/video system, including the in-home cinema, is controlled by iPad tablets (a little ironic)
In addition to its five bedrooms, the Atherton home also has a home theater and snack bar, an exercise room and spa, and a wine cellar
Outside, the house boasts two outdoor kitchens, a pizza oven, an in-ground pool and spa, and multiple dining and seating areas
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