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Today: November 27, 2024
March 20, 2024
1 min read

Silicon Valley Legend Departs, Leaves $33M in San Francisco


TLDR:

– Marc Andreessen and his wife are selling their $33.37 million mansion in Atherton, California
– The couple is moving to Southern California after acquiring over $250 million worth of properties in Malibu

Billionaire tech investor Marc Andreessen and his wife Laura Arrillaga-Andreessen are saying goodbye to their 12,200-square-foot Atherton estate, complete with a guesthouse, office, and studio, listed for $33.37 million. The couple, known for their investments in tech giants, are off to Southern California after accumulating a real estate portfolio in Malibu worth over $250 million. The property, originally purchased for $16.6 million in 2007, underwent significant renovations and boasts five bedrooms, an office, a den, and seven fireplaces. The lush grounds feature manicured lawns, fountains, and a reflecting pool, all opposite the historic Menlo Circus Club. The move marks the end of an era for the Andreessens’ in Atherton, one of Silicon Valley’s most influential enclaves.

The couple’s new focus on the coastal haven of Malibu includes properties like a $177 million estate in Paradise Cove and a $44.5 million property on Escondido Beach. Their acquisition spree culminated in a $34 million purchase of a beachfront residence adjacent to their Paradise Cove compound. Marc Andreessen’s legacy in Silicon Valley, from co-founding Netscape to establishing venture-capital firm Andreessen Horowitz, has left a lasting impact on the tech world.


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