Sun Microsystems Scott McNealy put his estate in Palo Alto back up for sale early this year. Mr. McNealy is asking a smidgen under $54 million for the property, a compound that extends to nearly 14.5 acres, and is crowned by a 12,657 square foot adobe mansion; he had the estate custom built in 2008.
But this isn’t the first time the property has been offered on the open market. McNealy listed it for the first time back in late 2018, asking a whopping sum: $97 million.
That price was rather sanguine. But the story of the property is a long one, and the estate’s design and construction was clearly a labor of love for McNealy and his wife, Susan. The tale begins in the 1980s, with the purchase of the initial lot. All told, the couple has at least $11 million into the land, and a handsome eight-figure sum into the construction of the four-story house and grounds.
The list of amenities is lengthy, and frequently family-oriented. A special ‘pizza room’ with a wood-fired oven is one example of a rather specialized home feature. Another is the night club—with dance floor, naturally. Athletic pursuits get top billing, though, and there is an ice rink, a massive fitness center, and a 3-hole golf course with a pair of putting greens. Views from the property take in the Bay and mountains.
McNealy co-founded Sun Microsystems in 1982. His net worth is estimated at $1 billion.