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Elon Musk Lists Bel-Air Homes

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Tesla and SpaceX chief executive Elon Musk has listed two of his Bel-Air mansions following a twitter announcement he plans to sell almost all of his physical possessions and own no house.

The two Los Angeles properties are now listed online as “for sale by owner”.

When asked why by one of his twitter followers, Musk, who has an estimated net worth of more than $US 37.3 billion, replied “freedom”.

One of the homes was previously owned by actor Gene Wilder, and has an asking price of $US9.5 million.

▲ Musk picked up the former home of Gene Wilder for $US 6.75m in 2013.
▲ Musk picked up the former home of Gene Wilder for $US 6.75m in 2013.Zillow.com


The site describes the home as “updated, but carefully preserved unique, quirky and charming ranch style, former home of Gene Wilder/Willy Wonka”.

The home includes five-bedrooms and 4.5 baths located on two-thirds of an acre in the ritzy LA suburb.

The price history of the property, at 10930 Chalon Road, shows it last transacted for $US6.75 million in October of 2013.

Musk also tweeted one condition to the sale of Gene Wilder’s former home: “it cannot be torn down or lose any of its soul”.


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The second home, a French Chateau style property, is listed for $US30 million on the Zillow platform, also as “for sale by owner.

Musk’s nearby Bel-Air house, at 10911 Chalon Road, has seven bedrooms and 10 full bathrooms. It also has a “family wing”, a two-story library, and a five-car garage situated on a 1.7 acre block.

The home’s price history shows Musk purchased it for $17 million in January of 2013.

Tesla shares jumped more than 8 per cent on Monday, putting its market capitalisation at $US141.1 billion.

The jump follows Musk’s take to twitter on Friday saying its stock prices were “too high” which caused Tesla shares to dip by more than 10 per cent.

The electric carmaker, who last week described Covid-19 lockdown measures as “fascist”, did not say when production was expected to resume at its Fremont plant.

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Article originally posted at: https://theurbandeveloper.com/articles/elon-musk-lists-two-homes