Days after swearing to Joe Rogan that he would truly, absolutely, positively “own no house” by selling all six of his lavish Bel Air properties — not just two of them — Elon Musk has made moves to fulfill that promise, listing the four remaining homes as “for sale by owner” with another spate of non-professional photographs, some of them sporting photoshopped red arrows for helpful reference.
The odd thing about the listing, besides the fact that Musk still refuses to use a realtor, is that the four houses are not being sold separately. Rather, they’re bundled together as a package deal, as one big happy compound, and are offered at an eyeball-shredding price of $62.5 million.
While multi-structure residential estates are quite common in Los Angeles, Musk’s four properties are not contiguous, and clearly not a cohesive compound. Three of the homes sit atop a tall hill in Bel Air, while the fourth house lies on a steep hillside, situated far below the others. It seems rather unlikely that there are many billionaire buyers who would covet that sort of unusual real estate situation, however well-located the homes may be.
And all four houses are of starkly differing architectural styles. The largest and easily most valuable house of the lot is an ultra-contemporary, boxy mansion that Musk recently completed. Next door is an elegant neoclassical Colonial house, and directly across the street lies a modest traditional bungalow. The house on the hillside below was originally built in 1954 as a humble midcentury modern ranch, but has since been majorly renovated and expanded into a sprawling mansion that’s perhaps best described as ’90s modern, with a midcentury twist.
Property records and previous Dirt stories reveal Musk paid a total of about $55 million for all four homes, purchasing them between July 2015 and January 2019 in four separate transactions from four different sellers, none of them famous. Since then, he’s spent millions more building out and completing the big contemporary mansion atop the hill.
Even in the unlikely event of a full-price $62.5 million offer, it’s hard to imagine Musk will be turning much of a profit — even without the hefty typical real estate agent fees of 4-5%.
Combined, the properties cover 7.1 (non-contiguous) acres and total more than 23,000 square feet of living space, with 18 bedrooms and 19 full baths — and that doesn’t include his other two Bel Air homes, which are available separately: one at $30 million, the other at $9.5 million. Current listing details don’t offer much information about any of the homes, including their current decor situations, but are instead deliberately vague: this is clearly “a project for the big thinker,” as Musk himself writes.
Musk is also selling his Silicon Valley estate, a luxe compound just outside the posh town of Hillsborough, Calif. That property, acquired for $23.3 million in 2017, currently sports an aggressive $35 million pricetag.
Although Musk has said he plans to rent “a modest house” once all seven pieces of his $100+ million residential real estate portfolio are sold, it remains unclear if a truly modest house will have room to comfortably accommodate all six of his children. His girlfriend Grimes still owns a house in Pasadena, Calif., though that property makes do with only three bedrooms.
Qualified buyers may contact Musk through his compound’s Zillow listing.