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Tech Bro Marc Andreessen Cashes Out: Atherton Mansion Sells for a Cool $27 Million

Marc Andreessen

Photo by jdlasica | License

In the land of tech titans and eye-watering real estate prices, Marc Andreessen just proved once again that the Silicon Valley housing market is wilder than a startup pitch meeting. The Andreessen Horowitz co-founder recently sold his lavish Atherton mansion for $27 million - a cool 10% below his original asking price, because even billionaires have to negotiate sometimes.

From Farmland to Fortune

Andreessen, who helped build the early internet through Netscape and is now a legendary venture capitalist, originally scooped up this 12,000-square-foot palace in 2007 for a mere $16.6 million. Talk about a return on investment! The property comes complete with two kitchens (because one is never enough), seven fireplaces, and what the listing mysteriously calls “visible and concealed screens” - because tech bros love their privacy.

NIMBYism in Action

Ironically, while Andreessen just cashed out on his real estate investment, he’s been vocally opposed to increasing housing density in Atherton. In a deliciously hypocritical twist, he and his wife previously objected to multi-family housing projects, claiming they would “MASSIVELY decrease home values” - the ultimate Silicon Valley power move.

The Atherton Lifestyle

This isn’t just a house; it’s a tech ecosystem. With a one-bedroom guest house, a detached studio, and a four-car garage (one bay conveniently converted to an office), it’s basically a campus for a one-person startup. The grounds feature a reflecting pool and fountains, because why have a swimming pool when you can have something more… refined?

Andreessen’s net worth hovers just under $2 billion, and he’s not shy about spending. These Malibu property purchases prove that when you’re this rich, real estate is basically just another investment portfolio.

AUTHOR: mls

SOURCE: SF Standard