09/16/2026
What does $70 million buy in Hillsborough?
At Villa de Verano, it bought more than a home. The 12-acre estate includes a grand main residence, a guesthouse, a sports pavilion, gardens, and even an outdoor amphitheater.
Its August sale set a new record for Hillsborough - AND the largest sale this year in Silicon Valley.
What caught my attention beyond the price is the difference between the original $88 million asking price and the final sale. Even at the very top of the market, pricing and finding the right buyer matter.
This is one remarkable sale, rather than a measure of every Silicon Valley neighborhood. However it is a fascinating glimpse at the depth of demand for truly distinctive Peninsula properties.
Every property has a buyer. The challenge—even for a one-of-a-kind estate—is understanding what that buyer values and arriving at a price that brings them to the table.
That is why I always say real estate is local, personal, and strategic. A headline price tells us what happened. The story behind it tells us much more.