This is what $38 Million Buys You

Kelly Porter has quite the pedigree; venture capitalist, one of the founders of the Fox TV cable news division, son of an E*Trade founder and former CEO…but word has it he’s suffering from ‘mansion malaise’ prevalent on the west coast…

Here’s his listing for his $38 million home in Los Altos Hills.

It’s been reduced from $48 million and reportedly his agent says he’s not lowering it again.

Silicon Valley mansion for sale– Erin Lubin / Bloomberg News

Kelly Porter, a venture capitalist, owns Stonebrook Court, a 30,000-square-foot mansion on 7.5 acres in Los Altos Hills, Calif.

High-end homes are staying on the market longer. One seller cuts his asking price from $45 million to $38 million, but he can afford to wait.

And for more on the ex of Mrs. Porter, read Connie Loizos at PEHub.


Housing Downturn Hits Silicon Valley/LA Times

Woodside Partner Trying To Sell Home for Gulp…/PEHub



Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities.


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BostonKayakGuy…The MetWest Scene

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