Stunning aerial photos provide a detailed look on billionaire Elon Musk’s $85 million real estate empire in LA – as the wild Tesla CEO puts two of the homes on the market after announcing he’s ditching the property …
Stunning aerial photos offer a detailed look at Elon Musk’s sprawling $85million compound in Los Angeles – including two homes that are now on the market after the Tesla CEO vowed to sell his physical assets.
Musk spent the past seven years building a mini real estate empire in the celebrity enclave of Bel Air by snapping up six properties in walking distance from each other.
The homes, which range in value from $3.2million to $30million, are located on two adjacent streets – at one point prompting rumors that Musk planned to build a connective tunnel system beneath them.
But now, Musk is making moves to disband the property cluster.
The eccentric entrepreneur, who according to Forbes is worth more than $38billion, indicated that he planned to put the homes on the market in a bizarre Twitter rant on Friday, writing: ‘I am selling almost all physical possessions. Will own no home.’
In the same rant Musk declared that Tesla’s stock price was ‘too high’ – causing the companies shares to plummet almost 11 percent and erasing around $13million from its market value, including nearly $3million from the CEO’s stake.
On Monday it was revealed that Musk had put two of the Bel Air homes up for sale for a combined $39.5million.
The aerial photo above shows five of the six homes Elon Musk owns on adjacent streets in the upscale Bel Air neighborhood of Los Angeles. Last week the Tesla CEO announced that he plans to sell ‘almost all’ of his physical possessions in a bizarre Twitter rant, declaring: ‘Will own no home’
Musk announced that he plans to sell ‘almost all’ of his physical possessions in a string of bizarre tweets on Friday
Musk put this home at 10924 Chalon Road on the market for $30million on Monday, two days after his Twitter rant
This home at 10930 Chalon Road – which was previously owned by Gene Wilder – is also now for sale for $9.5million
Musk bought the home above at 10947 Chalon Road in July 2015 for $20million. It is now estimated to be worth $10.7million
The first home for sale is Musk’s lower Bel Air estate that overlooks the Bel Air Country Club.
The residence, which was purchased by Musk in 2012 for $17million, has been listed for $30million on Zillow.
The 16,251-square-foot mansion boasts six bedrooms, 11 bathrooms, a two-story library, swimming pool, and a tennis court.
It also features a gym, pool, a wine cellar, fruit orchard and a five-car garage.
The second home has been listed for $9.5million and used to be owned by the late Willy Wonka actor, Gene Wilder, who died in 2016.
It features five bedrooms, 4.5 bathrooms, an oval pool and a private guest cottage.
In November 2013, Musk purchased the three-quarter-acre Bel Air home for $6.75million. Musk has since turned the property into a private school.
In one of his Friday tweets, Musk said he would sell the home with certain conditions.
‘Just one stipulation on sale: I own Gene Wilder’s old house. It cannot be torn down or lose any its soul,’ Musk said.
Musk bought the home at 10924 Chalon Road (pictured) for $17million in 2012. It’s now listed for $30million on Zillow
The 16,251sqft mansion features six bedrooms, 11 bathrooms, a two-story library, swimming pool, and a tennis court
In one of his Friday tweets, Musk said he would sell the home at 10930 with certain conditions. ‘Just one stipulation on sale: I own Gene Wilder’s old house. It cannot be torn down or lose any its soul,’ he wrote
The home features five bedrooms, 4.5 bathrooms, an oval pool (pictured) and a private guest cottage
The home is one of six that Musk bought within walking distance of each other. Musk also purchased a seventh home near Tesla headquarters in Northern California.
In total, he has spent more than $100million for seven properties since 2012, according to The Wall Street Journal.
Musk bought two homes in 2015: a ranch house for $4.3million and $20million mansion.
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