Tuesday, December 18, 2007
Marin mansion to set record with $65M sale
Locksley Hall on the island of Belvedere in Marin County is under contract for the full asking price of $65M, and is set to close escrow in January. This is believed to be a record sales price in Northern California.
Not a bad "fixer upper" investment for the owner who purchased the property in 1995 for $5.5M and then sunk $32M in renovation costs. The rich get richer...