Historic Green Gables Estate in Bay Area Sells for $85 Million After Price Reduction

September 16, 2025 - 10:27

The landmark property, originally listed at $135 million in 2021, has officially sold for $85 million, marking one of the largest residential sales in California this year. Located in the prestigious Bay Area, the Green Gables estate has been a significant part of the region's real estate landscape.

Despite its initial high asking price, the estate underwent a substantial price cut, attracting buyers looking for an exceptional property. The sale reflects the evolving dynamics of the luxury real estate market, where buyers are increasingly seeking value and unique offerings.

Green Gables boasts a rich history and stunning architecture, making it a coveted asset. This sale not only highlights the enduring appeal of high-end properties in California but also underscores the competitive nature of the real estate market, even amid fluctuating economic conditions. As the market continues to evolve, the future of luxury estates in the region remains a topic of keen interest.