Work remotely? No problem for Zuckerberg.
Last Monday, the Wall Street Journal claimed that the 37-year-old Facebook creator planned to work remotely for half of 2022, and his $320 million real estate holdings can support him.
The centibillionaire has 1,400 acres and 10 Palo Alto, San Francisco, Lake Tahoe, and Hawaii homes. He has a history of conflict with neighbors, from San Francisco building noise complaints to a petition against “colonization” due to his growing Hawaii real estate portfolio.
The homes hardly scratch the surface of his $120 billion net wealth, making him Forbes’ fifth richest person.
Maxima, 5, and August, 3, are his children with Priscilla Chan. Though billionaires are often blamed for increasing inequality, they said having children drove them to give 99% of their Facebook shares away.
The family confirmed the residences to The Post, citing “Mark and Priscilla’s work with the community in Kauai.”
The townhouse renovation in Dolores Heights, San Francisco, cost $11.83 million.
According to San Francisco property and permit records, Zuckerberg bought this 7,368-square-foot mansion in November 2012 for $10 million and renovated it for $1.8 million.
A first-floor office, video room, half-bathroom, laundry room and mudroom, wine room, and wet bar are described in property records. Photos of the stucco and brick home with a slate roof are limited.
According to San Francisco property records, the house has 23 rooms on four storeys on a 0.22-acre lot. Its bedrooms and bathrooms are unclear.
Permit records show that the 1928 property’s $1.8 million renovation included remodeling the kitchen and bathrooms, replacing and repairing the stucco and brick exterior, making it fire and earthquake safe, installing air conditioning, moving and renovating windows, and replacing the slate
Property records show that he added a bathroom and glass roof deck to the fourth story and expanded the first, second, and third levels.
According to records, inspectors and city personnel ignored or negotiated six neighbor complaints about noise, dust, parking, littering, construction debris, and permit violations during the renovations.
A suburban Silicon Valley half-block
Palo Alto, $50 million
Zuckerberg owns 1.83 acres, or half a block, in Palo Alto.
He bought property with spacious front yards and redwood, magnolia, and Ginko trees for $50.8 million. Property records show more than 16 bathrooms and 15 bedrooms in the almost 20,000-square-foot mansions.
According to Architectural Digest, he bought the 5,617-square-foot, five-bedroom, five-bathroom wood-floored primary home on 0.41 acres for $7 million in 2011, a year before he married Chan.
According to a City of Palo Alto Historic Resources Board report, the colonial style, clapboard-sided house is Palo Alto’s oldest residence, with elements of the wood frame construction dating to the 1860s.
The mansion has a saltwater pool, sunroom, entertainment pavilion, fireplace, barbecue area, spa, front and back porches, and unusual amenities like a “Facebook Canon” that launches gray T-shirts and an A.I. assistant with Morgan Freeman’s voice, which Zuckerberg built himself, according to Architectural Digest and FastCompany.
He used the other four residences as guest houses for recreation, according to an Architectural Review Board meeting.
In 2016, he proposed demolishing the four homes and replacing them with 20% smaller ones to improve their major property’s outdoor space. However, the Palo Alto Architectural Review Board declined his request because the residences were not “credible” single-family homes.
“These plans aren’t residential in my book. A family lives in a home. A individual lives there. They’re not homes. At the meeting, Architectural Review Board member Peter Baltay indicated these are part of a compound.
Emails suggest that his new neighbors were leery of San Francisco neighbors’ objections, even though builders said they minimized neighborhood impact in their plans in the review board meeting.
Thousands of Hawaii acres
Kauai | $200+ million
Zuckerberg likes Hawaii. He can’t quit buying 1,400 acres of land.
The Garden Island reported that Zuckerberg paid $116 million purchasing 707 acres, including most of Pila’a beach and Kahu’aina Plantation, which features a 6,100-square-foot mansion with a 16-car garage and offices and security headquarters for his $23 million security team.
The Garden Island claimed that Zuckerberg was initially criticized for building fences and preventing beach access after this purchase.
Zuckerberg’s 2017 quiet-title litigation to buy estate land drew national attention. Landlocked kuleana tracts were granted to native Hawaiian tenant farmers around 1850 and passed down through generations, local sources said.
After public reaction, Zuckerberg dropped the cases but spent $45.3 million purchasing 89 acres over at least 12 kuleana plots, including 79.8 acres from Gary Stewart for $33.3 million, according to Pacific Business News.
The couple bought 600 extra acres for $53 million in March. Zuckerberg has been seen surfing, throwing spears, and wearing lots of sunscreen in the islands, in addition to contributing to the Chan Zuckerberg Kaua‘i Community Fund of Hawai‘i Community Foundation.
Dual desert vacation homes
California Lake Tahoe | $59 million
Zuckerberg bought the Brushwood and Carousel residences in Lake Tahoe for $59 million in 2018. The properties cover over 10 acres.
Six bedrooms, five bathrooms, and 5,322 square feet sit on six acres at Brushwood Estate. Permit records show 400 feet of lakeshore, a private pier, patios, a guest house, and a garage. Photos reveal peaked roofs and light-wood beamed ceilings in the main house.
According to Realtor.com, the mansion hosted the Oscar de la Renta fashion show and Lake Tahoe summer music festival.
Carousel estate contains 3.5 acres with an eight-bedroom, nine-bathroom mansion. According to Realtor.com and permit records, it boasts 200 feet of lakefront, a marina-style pier, a breezeway, a two-car garage, a guesthouse, and a caretaker’s apartment.
Three cabins from the 1930s were joined and enlarged in the 1950s. According to historical status inspection, the caretaker’s house was erected in 1967 and modified in the 1970s and 1998, making it non-historic.
For decades, celebrities including Frank Sinatra, Kim Kardashian, and Gene Simmons have vacationed at Lake Tahoe, which borders California and Nevada.