A historic estate in Northern California whimsically titled “Green Gables” has re-emerged on the market for a staggering $110 million. While Silicon Valley is not the setting of many classic children’s novels, this circa-1911 property is enchanting enough to inspire such works. If a buyer with over a hundred million dollars to spare falls in love with the listing, it would mark a new chapter for the estate, too, as it would be the first time it trades hands in five generations.
Green Gables first listed in 2021 for $135 million and last year wanted $125 million. Now, Mauricio Umansky of The Agency represents the still-pricey piece of real estate. “The Green Gables estate has undergone a strategic price adjustment to $110 million, presenting an unparalleled opportunity for prospective buyers,” Umansky says. “The current owners are motivated to sell, recognizing the potential for this magnificent estate to evolve into the perfect haven for a discerning buyer.”
The family compound was built over 100 years ago by a banker named Mortimer Fleishhacker, who founded the Anglo California Bank and the Great Western Power Company. A group of his descendants are now looking to jointly sell the property.
The 74-acre plot is comprised of seven residences totaling 34 bedrooms and 26 bathrooms. The grounds include a 100-yard Roman pool, three swimming pools, a tennis court, and gardens. There is plenty of room to build additional structures and outdoor amenities. “As one of the nation’s most distinguished residences, this offering invites the next owners to transform it into their dream sanctuary and a new legacy,” Umansky adds.
