Peter Thiel, billionaire co-founder of PayPal and a partner at Founders Fund, is apparently moving out of his mansion in San Francisco’s Marina District. The billionaire venture capitalist listed the massive two-in-one property for $9.25 million in May, but it has yet to move off the market and now has a new listing price: $8 million.
It has some pretty extravagant features, including a penthouse lounge, elevator, and panoramic views of both the Golden Gate Bridge and the Palace of Fine Arts. Thiel bought the home for $6.5 million in 2010, property records show.
Thiel, who secretly funded Hulk Hogan’s high-profile lawsuit against Gawker, also reportedly owns property in Los Angeles and on the Hawaiian island of Maui. Justin Fichelson, now of Venture Sotheby’s International Realty, has the listing.
The home is situated behind a large gate at the end of a private path.
It’s just across the street from the Palace of Fine Arts, which you can spot from various points in the home.
Golden Gate Bridge views are another major selling point.
With a total of 7,000 square feet of living space, this property is massive. It actually used to be made up of two separate houses, which were combined into one by Remick Architects and Master Builders.
Every inch of living space seems to be taking advantage of the home’s ideal location.
Even this bathroom has a direct view of the outdoors.
The decor is somewhat muted, but stylish.
The kitchen is expansive and can be accessed by a separate set of stairs.
The dining room is set up for more formal occasions.
This library and work space has its own set of wide windows.
In total, the home has five bedrooms, six bathrooms, and one half-bath.
This bedroom has an attached sitting area with direct outside access.
Another bedroom has some unique wallpaper.
One of the best parts of this home, though, is its expansive roof deck. From one side, you’ll get another close-up look at the Palace of Fine Arts.
From another, you’ll get sweeping views of the city.
This looks like an excellent place to relax on a warm day.
The luxurious compound is certainly fit for a Silicon Valley billionaire.