$100M (Second) Home a Record Price

Those average home price statistics that the evening news reports always seem low to Bay Area residents.

The average home price in California is stunning enough at $309,000 -- that's 80 percent above the rest of the United States, according to CSMonitor.com.

Well expect that average to nose up now that Yuri Milner paid $100 million for -- dig this -- a second home, the Wall Street Journal reported.

That's purportedly a record sale price for a home in the United States. The 25,500-square-foot, French chateau-style manse is in Los Altos Hills and once belonged to Fred Chan, founder of ESS Technology, according to Luxist.com.

Some of the amenities include a car wash, home theater, ballroom and indoor pool. Outdoors has another pool, tennis court and some exquisite looking gardens.

The 47-year-old Milner lives in Moscow most of the year with his wife and two daughters, according to Luxist. He's an investor in Facebook, Groupon and Zynga.

Contact Us