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A 30-year-old cofounder of 2 billion-dollar companies was reportedly the buyer of San Francisco’s most expensive home

(41 Views) October 31, 2016 3:24 pm | Published by | No comment

2250 Vallejo

Vince Valdes

The buyer of San Francisco’s formerly most expensive home was Kyle Vogt, cofounder of Twitch and Cruise Automation, according to OpenHouse.

Vogt bought the house for $ 21.8 million, according to city record, which makes it the biggest sale in the city so far this year. The home was originally listed for $ 28 million in November of 2015, but the price was later chopped by $ 3 million in June. It was San Francisco’s most expensive listed home at the time of the sale.

Vogt is a serial entrepreneur who sold his car automation startup, Cruise, to General Motors for $ 1 billion in March, where he remains CEO. He’s also a cofounder of video streaming startup Twitch, which Amazon purchased for $ 970 million in 2014.

Vogt is known to some as the “Robot Guru” for his interest in robotics. He studied computer science and electrical engineering at MIT.

His new home was built in 1901 and has been turned into a contemporary-style mansion with 9,095 square feet of space. It has seven bedrooms and seven bathrooms spread out over three floors, and is situated on one of San Francisco’s highest streets. It was most recently owned by Tara and Bryan Meehan, who made a fortune on investments in Blue Bottle Coffee. The couple gutted and restored the home, but apparently never moved in.

Vogt did not immediately respond to Business Insider’s request for comment.

Welcome to the most expensive home sold in the city of San Francisco in 2016.

It was originally built in 1901 for wealthy fish-packing mogul James Madison — no, not the president. Its facade was restored to its original beaux-arts beauty.

The top-to-bottom restoration of the property took two years to complete.

After being converted to housing for soldiers wounded in World War II, the home spent 50 years as an apartment building.

It was decided that the exterior would be preserved but the interior would be ripped out.

The newly open floor plan allows one to sit at the dining-room table and still look out over San Francisco Bay.

The gourmet chef’s kitchen is also new.

Five complete bedroom suites are spread throughout the house.

The marble of the bathroom is luxurious.

There’s a dressing room for her …

… and him.

The huge glass windows that look down on the city below are another new addition, and you can slide them open to walk out onto the balcony.

The dining room is lined with rich dark wood.

This spiral staircase is gorgeous, but there’s no need to take it — the mansion also has an elevator.

Much of the house’s furniture has been imported from Italy.

The backyard includes a small patch of incredibly green grass.

There are also two other bedrooms joined by a shared bathroom.

The top floor is the spa room.

It doubles as a roof deck with a gas fire pit, indoor steam room, and infinity edge pool.

This just might be the best view in San Francisco.

The post A 30-year-old cofounder of 2 billion-dollar companies was reportedly the buyer of San Francisco’s most expensive home appeared first on Business Insider.

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