California Mega-Manse, Once Listed for $100M, Finds a Buyer

A century-old sprawling country estate in Hillsborough, California, that had been lingering on the market since 2013 and was once listed for $100 million, has found a buyer six weeks after taking a huge price cut.

The 47-acre European-style property, located halfway between San Francisco and Silicon Valley, entered into contract last week, with an asking price of $29.85 million, according to listing records.

The sale is still pending, so the final sales price and buyers haven’t been made public yet.

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The estate first came onto the market for $100 million in 2013. The asking price was later dropped to $34.9 million in October 2016. The last listing this May represented a 70% discount from the original ask.

The property is one of the largest on the San Francisco Peninsula, and includes hiking trails, a reservoir and city views, Mary Gullixson—who is handling the listing with her son, Brent Gullixson—told Mansion Global in a previous interview.

Known as Guignécourt, the mega-manse was built in 1912 by a member of French nobility, Count Christian de Guigné, who landed in California and married Mary Katherine Parrott, whose father, John Parrott, made a fortune in the Gold Rush era.

De Guigné hired Bliss & Faville, architects behind the historic upscale St. Francis Hotel in San Francisco, to build the 16,660-square-foot main house, which has 10 bedrooms, nine-and-a-half bathrooms.

The property remained within the de Guigné family ever since, according to Ms. Gullixson. She didn’t immediately respond to requests for comment on the sale.

The home’s current owner, Christian de Guigné IV, had previously imposed on the sale a life estate condition, which would allow him to live in the home for the rest of his life, but later removed the legal condition. He also couldn’t be reached immediately for comment.