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Source: Christie's International Real Estate

Real Estate

A Century-Old Silicon Valley Estate Is On Sale for $135 Million

The Fleishhacker family’s Green Gables, a 74-acre compound with seven houses and three pools, has stayed in the family since it was built.

At the turn of the 20th century, industrialist Mortimer Fleishhacker Sr. was looking to escape two things: San Francisco’s foggy summer weather and his in-laws. “They had a home on the north side of the bay, in San Rafael,” says his great-grandson Marc Fleishhacker. “So he drove south.”

At the time, the California coast was comparatively undeveloped and Mortimer, who founded the Anglo California Bank and the Great Western Power Co., was in a position to buy whatever land struck his fancy. In what his great-grandson calls a “quest to build a family compound,” he quickly amassed nine parcels in Woodside, a town that’s now the heart of Silicon Valley.