The house of Elon Musk, CEO of Tesla and SpaceX, is a dream to many. Located in the Bel Air neighborhood of Los Angeles, the property was purchased by Elon Musk in 2012. It is now one of the most valuable real estate holdings in Los Angeles and one of the most expensive homes in the world. Estimates of what Elon Musk’s house is worth range from $30 million to $72 million. The exact amount is unknown due to its luxurious privacy settings.
When initially built in 1990 by developer Jack Weeks, it was a large and modern structure which included elements of contemporary, Victorian, and French chateau styles. The estate sits on 7.3 acres of land and includes a main house with 6 bedrooms, a pool, tennis court, and a solar-powered carport. It also has a 10-car garage and a gated entrance with high security. The house, located in a prestigious celebrity neighborhood, is also adjacent to a number of million dollar homes.
Due to its prestige and exclusivity, Elon Musk’s house has been featured in numerous media outlets. Architectural Digest described it as “stately, yet understated” and included photos of the house, showing sprawling outdoor gardens, an expansive pool, and a grand dining and living room. CNBC also featured the property, noting its opulent features such as an Italian hand-painted tile fireplace, a grand staircase, and a large terrace with a wood burning fireplace.
Experts suggest that Elon Musk’s house is worth somewhere between $30 to $72 million, depending on the market and the property. Estimations consider various factors such as the property size, amenities, location, and celebrity status of the home. The property is reported to be one of the most expensive homes in Los Angeles and has been featured in many news outlets and publications.
When it comes to the value of the property, realtors suggest taking into consideration what comparable properties in the area have sold for in the past. Experts also point to the high level of privacy and luxury offered by the house. It has world-class security, a large backyard, and beautiful landscapes. Aside from a few media outlets, the public does not have access to the inside of the house, making photos and news of the property hard to come by.
Elon Musk’s Home Maintenance
Elon Musk’s home requires significant upkeep. The large grounds and gardens need to be maintained, and the pool and carport sustain considerable costs. Landscape and security services are employed to keep the house safe, and home repair and furniture services are also needed for upkeep. In addition to regular maintenance, there have been reports of Elon Musk investing in additional amenities and renovations.
Elon Musk’s Home Design
Elon Musk’s home follows a trend of luxury living, combining elements of contemporary, Victorian, and French chateau styles. The Italian hand-painted tile fireplace, grand staircase, and large terrace with wood-burning fireplace imbue the house with sophistication. The sprawling outdoor gardens and the long driveway are designed to enhance both the house’s aesthetics and privacy.
Elon Musk’s Home Impact on The Local Real Estate Market
The purchase of Elon Musk’s house had an impact on the local real estate market. By buying a luxurious estate in the same neighborhood, Elon Musk raised the price point for homes in the area. Real estate analysts have stated that the purchase of Musk’s house has set a benchmark for what buyers would consider as an acceptable price for Bel Air real estate.
Elon Musk’s Home Inspiration for Other Homes
The design of Elon Musk’s home has become an inspiration for many homeowners. His unique combination of modern, Victorian, and French chateau styles has convinced many people to incorporate similar features into their home design. The house has also been featured in various magazines and blogs, inspiring people to dream of living in a house similar to that of Elon Musk’s.
