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illionaire tech investor Marc Andreessen is giving house hunters another chance to buy his Atherton, California estate. The 12,000-square-foot property has been relisted for $29.5 million, a nearly $4 million price cut from its previous listing.
The five-bedroom estate was purchased in 2007 for $16.6 million and sat on the market for eight months before being pulled last November. Andreessen, co-founder of venture capital firm Andreessen Horowitz (a16z), has been spending more time in Florida and Washington, where he's aligned himself with President Donald Trump.
The Atherton residence is discreetly located behind thick hedges on a 1.55-acre lot, featuring seven bathrooms, two kitchens, seven fireplaces, a guest house, and a three-car garage. The property is being marketed by Compass Real Estate agents Brent and Mary Gullixson.
Andreessen's decision to revisit the listing comes as he and his wife, philanthropist Laura Arrillaga-Andreessen, have shifted their focus to other states, including Florida and Washington. They've made headlines for high-profile real estate purchases in Malibu, California, and their opposition to local housing developments in Atherton.
The couple's Atherton home has been a subject of controversy, with Andreessen and his wife opposing a proposed multifamily housing development that they argued would decrease property values and lower residents' quality of life. Despite pushback from affluent locals, the town adopted a rezoning plan allowing more housing in October 2024.
