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Tech Bros Are Throwing Millions at a House with a Chanel-Inspired Panic Room (And We're Kinda Obsessed)

Facebook headquarters in Menlo Park, CA.

Photo by Greg Bulla on Unsplash

In the land of Silicon Valley real estate, where tech moguls turn every home purchase into a flex, a jaw-dropping property in Portola Valley just set a mind-blowing record.

Imagine dropping $56 million on a 12-acre estate that comes with a 900-square-foot closet inspired by Chanel – because why settle for basic when you can have haute couture panic room realness? This isn’t just any house; it’s a testament to the Bay Area’s unhinged luxury market where bullet-resistant glass is basically a home accessory.

From Tech Dreams to Real Estate Fantasies

The property, dubbed “Villa del Prato,” was originally owned by a VC investor who clearly understood the assignment of creating the most extra residential space possible. Originally listed at a whopping $85 million, the price eventually dropped to $65 million – because even billionaires love a good discount.

More Than Just Square Footage

What makes this place special isn’t just its price tag, but its ridiculous amenities. We’re talking a home theater, wine cellar, 20-foot ceilings, and a separate 6,500-square-foot entertainment house that’s just begging for some seriously bougie parties. The real kicker? A closet that doubles as a panic room, because in the Bay Area, preparedness is always in style.

Rural Luxury Meets Tech Chic

Interestingly, buyers are increasingly ditching urban life for these secluded, luxurious spaces. As one realtor put it, suburban life has become so “repulsive” that people would rather go full countryside – complete with a Chanel-inspired safe room, obviously.

Welcome to the Bay Area real estate market, where your panic room is more designer than most people’s entire wardrobe.

AUTHOR: cgp

SOURCE: SF Standard

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