California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + Bay Area  + Hospitality  | 

King Mountain Estate to Sell Via Online Auction

The King Mountain Estate is located in Kentfield on a foothill just west of Mt. Tamalpais, amid tens of thousands of acres of public open space. Yet, the estate is only 12 miles north of the Golden Gate Bridge.

The 140-acre ridgetop parcel was once owned by Herb Boyer, the co-founder of Genentech. The 32-acre primary building envelope straddles the ridgeline to offer panoramic views.

The property will be auctioned next month via Concierge Auctions in cooperation with agent Steven Mavromihalis of Compass Real Estate. Currently listed for $25 million, the property will sell with no reserve to the highest bidder between April 22 to 27 via the firm’s digital marketplace.

“Though there are many incredible homesites in the Bay Area, there’s only one King Mountain Estate,” says Chad Roffers, Concierge Auctions chairman. “There is simply nothing else like it. The possibilities are endless. For properties valued over $10 million, let alone $25 million-plus, the buyer pool is particularly limited.”

Connect

Inside The Story

Learn More About King Mountain Estate

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Sale
New call-to-action