Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. Through immersive experiences, innovative formats and an unparalleled lineup of speakers, this gathering becomes more than a conference — it becomes a collaborative force shaping the future of our industry. Secure your tickets now!

Billionaire Marc Andreessen’s recent real estate moves may indicate a significant shift in the software engineer and venture capitalist’s way of life.

Andreessen and his wife, Laura Arrillaga-Andreessen, have owned a 12,200-square-foot estate in Atherton, California, since 2007, and have now listed it for $33.375 million, The Wall Street Journal reported on Monday.

The couple has also spent more than $250 million buying up property in Malibu in recent years across three separate parcels, suggesting they may be making a lifestyle shift from the tech-fueled cities of Northern California to the beach paradises of Southern California.

The Andreessens first purchased the 1.55-acre estate for $16.6 million, The WSJ reported. The property’s home was constructed by developer Colin Whiteside in the 1990s, but more recently underwent a four-year renovation.

Atherton is one of the most wealthy enclaves in the U.S., with many Silicon Valley bigwigs making the town their home, including former Google CEO Eric Schmidt. The town’s median home sale price was $5.7 million in February 2023, down 46 percent year over year, according to Redfin.

Get Inman’s Luxury Lens Newsletter delivered right to your inbox. A weekly deep dive into the biggest news in the world of high-end real estate delivered every Friday. Click here to subscribe.

Email Lillian Dickerson

Compass
Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×