×

Yammer Founder David Sacks Seeks $22.5 Million for Silicon Valley Estate

Seller:
David Sacks
Location:
Atherton, Calif.
Price:
$22.5 million
Size:
11,160 square feet, 6 beds, 8.5 baths

A lavish compound on one of the best streets in Atherton — arguably the most desirable neighborhood in all of Silicon Valley — has popped up for sale with a hefty $22.5 million ask. Owned by angel investor David Sacks and his longtime wife Jacqueline Tortorice, the one-acre property features a traditional-style mansion and guesthouse that include over 11,000 sq. feet of combined interior space.

Sacks, long one of Silicon Valley’s most prominent tech titans, served as the founding COO of PayPal and also founded Yammer, the enterprise social network acquired by Microsoft in 2012 for a whopping $1.2 billion. He’s since made big financial bets on a multitude of other tech unicorns — Facebook, Uber, SpaceX, Airbnb, and Bird among them.

Constructed in 2015 by local developers Wise Building Company, the gated Atherton property was last sold the following year for $19.75 million. It does not appear Sacks has made any significant changes in the three years since — the three-level main residence still features dark-stained hardwood floors throughout, an eat-in kitchen slathered in Carrara marble, a massive theater, and garaging for up to four luxury vehicles. The detached guesthouse includes another living room and kitchen.

Outside, the leafy grounds contain a sizable swimming pool with Baja shelf for convenient sunbathing. Sprawling lawns make up much of the backyard’s remainder, and somewhere there’s also two top-of-the-line children’s playhouse connected by a short bridge. This listing is represented by Courtney Charney of Parc Agency.

While unquestionably luxurious, the $22.5 million estate is actually somewhat restrained for Sacks, a fellow known for his rather grand lifestyle. Back in 2012, he threw himself an elaborate “Let Them Eat Cake” themed 40th-birthday bash at Fleur De Lys, an $88 million Los Angeles mega-mansion. Guests donned 18th-century French costumes — all properly ruffled, of course — and were treated to a private musical performance from Snoop Dogg.

Sacks additionally maintains an eye-popping estate in San Francisco, on Pacific Heights’ so-called “Billionaires’ Row.” The three-story mega-mansion, which he picked up in 2012 for $20 million and reportedly spent another $10 million renovating, sports nearly 22,000 sq. feet within its French limestone-encased walls and views of the San Francisco Bay. Some of the nearest neighbors include billionaires like Larry Ellison, Gordon Getty, and Nvidia CEO Jensen Huang.

More Dirt

  • Rihanna House

    Rihanna Seeks Renter for Hollywood Hills Villa

    Not having had any luck selling, Rihanna now seeks a well-heeled renter for a Hollywood Hills residence that is now available to rent at $35,000 per month, after it popped up for sale for late last year at almost $7.5 million. The mono-monikered Barbadian pop superstar and international style icon, also a savvy beauty, fashion [...]

  • Owen Van Natta House

    Ex-Facebook COO Owen Van Natta Dumps $10 Million on Santa Monica's Gold Coast

    Only a few dozen homes line Palisades Beach, the oceanfront strip of sand sometimes labeled the “American Riviera” or “Gold Coast” in reference to its bygone famous residents, many of them among the biggest stars of Hollywood’s Golden Age. In the 1920s, when most Palisades Beach homes were built, Old Hollywood had just launched its [...]

  • Owlwood Holmby Hills

    Los Angeles' Legendary Owlwood Estate Seeks $115 Million

    For the third time in as many years, the massive — and massively idiosyncratic — Los Angeles estate known as Owlwood has popped up for sale. The current owner, much-beleaguered investment consortium Woodbridge Group, has been attempting to offload the celebrity-pedigreed property since 2017, when it was originally saddled with a rather ridiculous $180 million [...]

  • Will Gluck House

    Will Gluck Trims Price on Outpost Estates Contemporary

    Film and television hyphenate Will Gluck has re-listed his longtime home in the star-drenched Outpost Estates neighborhood in the historic foothills above Hollywood, Calif., with a new and reduced price just shy of $2.5 million. The writer, director and producer of the 2018 CGI-live action comedy-drama “Peter Rabbit,” which did more than $350 million in [...]

  • Holly Marie Combs House

    Holly Marie Combs Lists Horse Property in L.A.’s Bell Canyon

    An equestrian estate in the guard-gated suburban Los Angeles, Calif. enclave of Bell Canyon, long owned by veteran television actress Holly Marie Combs, has hit the market at $2.2 million. Combs, whose dozens of professional credits include long runs on “Picket Fences” and “Charmed,” and, most recently, Freeform’s cult favorite “Pretty Little Liars,” purchased the [...]

  • Peter Thiel House

    Peter Thiel Pays Bargain Price for Sunset Strip Modern Cottage

    Even billionaires enjoy shopping a good discount sale, as evidenced by Peter Thiel’s recent purchase of a contemporary L.A. cottage. The high-profile Silicon Valley tycoon — who was Facebook’s first outside investor and co-founded a slew of multibillion-dollar tech companies including PayPal, Palantir Technologies and Founders Fund — paid a cool million under the $6 [...]

  • Bill Hader House

    Bill Hader Picks Up Pacific Palisades Contemporary Villa

    A clean-lined contemporary villa on a low-key but high-cost street in a quietly plum Pacific Palisades, Calif., neighborhood was recently sold for about $4.2 million and word on the celebrity real estate street is the new owner is showbiz polymath and Emmy darling Bill Hader, winner of two of the 15 Emmys for which he’s [...]

More From Our Brands

Access exclusive content