£46.4 million Woodside estate remains for sale despite £10.1 million price cut
For sale at the extraordinary price of £46.4 million ($69.8 million) – reduced from an initial asking price of £56.5 million ($85 million) in 2012 – and simply described as 331 Greer Road, this is undoubtedly one of the largest parcels of land in the entire area.
Built for James Flood, the grandson of the “Bonanza King” James Clair Flood – who discovered by the largest silver mine in history in Virginia, Nevada – in 1946, the current centerpiece of the estate is a 9,000 square foot “Colonial Revival style” main house with 9 bedrooms, 8.5 bathrooms and a garden designed by Thomas Church.
In addition there’s also a vineyard, a 2-bedroomed gatehouse, a 3-bedroomed caretaker’s cottage and a number of barns and outbuildings.
Twenty-four of the Forbes list of richest Americans live in the vicinity and with the possibility of constructing a far grander residence on the site, it is highly likely that one of them will eventually put in a bid.
331 Greer Road is for sale on behalf of the Flood family through the San Francisco office of Sotheby’s.
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