Elon Musk pulls a Zuckerberg, buys neighbor's $6.7 million house

Trulia

An exterior shot of Elon Musk's new $6.75 million Bel Air home, which is situated across the street from his other 20,248-square-foot home.
Click the photo for more images of Musk's new abode.

Lauren Hepler: Economic Development Reporter- Silicon Valley Business Journal; Email | Twitter | LinkedIn | Google+

Startup Renaissance man Elon Musk paid $6.75 million for a three-bedroom Bel Air home right across the street from the $17 million, seven-bedroom estate he bought in January, according to the real estate site Trulia.
He joins a string of high-powered CEOs buying out their neighbors. My colleague Nathan Donato-Weinstein reported that Facebook CEO Mark Zuckerberg recently bought out most of his Palo Alto block. And Yahoo CEO Marissa Mayer also just plunked down $11 million for a funeral home near her Palo Alto home.
Musk, the founder of PayPal, Tesla Motors Inc. and SpaceX, purchased his new 2,756-square-foot Bel Air home on Oct. 24. The residence includes 4.5 bathrooms, a pool and a private guest cottage. Trulia also reports that "Willy Wonka and the Chocolate Factory" actor Gene Wilder lived in the house from 1976-2007.
And Musk's new pad has serious development potential, Trulia adds:
"The home is the perfect location to develop a dream property. It sits on a one acre promontory overlooking a beautiful stream, mature trees and the white sand traps of the 13th green and 14th fairway of the prestigious Bel-Air Country Club Golf Course. It’s likely he’ll either capitalize on the opportunity presented by the new home and build an even more over-the-top mansion, or he’ll raze the existing home and create even better views and privacy for his current home."
Click through the photos for a glimpse of Musk's new abode, and click here to read more details on Trulia.

Lauren Hepler covers economic development, sports, and hospitality for the Silicon Valley Business Journal. She can be reached at 408.299.1820

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