Back in 2009, Joe Montana made big news when he put his 500-acre Northern California spread on the housing market with an asking price of $49,000,000. Unique price, eh? Flash-forward to 2012 and Montana is still trying to sell that house. New price: $35,000,000. What changed with the house in three years to drop the price $14mm? Gophers? Bad olive crop? Windstorm took out trees?
None of those, from what we can tell. What makes more sense is that Montana is trying to sell a 3-bedroom house for $35mm. Do the math. Imagine the guilty lump in your throat every time you think about living in a house with an average bedroom price of $10mm, or $27,397 per night/room for 365 days. Helluva hotel.
Joe Montana NorCal Estate Details:
• 3 bed, 3.5 bath
• 9,700 sq. ft.
• 500 acres
• Guest house and caretakers unit
• You get a pool!
• You get an olive farm
• Bocce court
• Insane equestrian stable
Mortgage: $130,000/mo. (not counting the caretaker fee and the salary of the dude to pick olives)
[Buy Joe Montana’s NorCal Estate – Zillow]