In what could be one of the biggest residential real estate stories of the year, a historic estate in Hillsborough, Calif. has hit the market for $100 million.
The 47-acre spread has belonged to members of the de Guigne family for 150 years, and is finally being sold by Christian de Guigne IV for "estate-planning purposes," according to The Wall Street Journal.
The sale has one unusual stipulation: de Guigne, 75, comes with the home. He's retaining a "life estate" on the property, meaning he will have exclusive use of the home until he dies, according to The WSJ.
The 16,000-square-foot mansion has seven bedrooms and a servants' wing. The property also has formal gardens and two reservoirs. It's being sold by Sotheby's International Realty; Gregg Lynn and Bernadette Lamothe have the listing.
This map gives an idea of how big the de Guigne estate is. The 47-acre spread sits on the top of a hill and has views of San Francisco.
A 4,500-foot driveway leads up to the main home.
The centerpiece of the property is the mansion, which is 16,000 square feet.
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