Elon Musk Sells His Last 4 California Homes for $62 Million, Months After Saying He'd 'Own No House'

"I am selling almost all physical possessions. Will own no house," the Tesla businessman tweeted in May

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Published on January 4, 2021 04:34 PM

Elon Musk is starting the new year with a clean real estate slate.

Last year, the 49-year-old businessman began the process of selling his California homes after he vowed earlier in the year to "own no house" in a statement shared on social media. "I am selling almost all physical possessions. Will own no house," Musk tweeted in May.

Now, the tech billionaire has completed the sales of his last four homes tucked into a Bel-Air cul-de-sac for a combined $61.9 million, according to Variety and The Los Angeles Times. All four residences closed around Christmas.

The four homes located in the Bel-Air cul-de-sac sold to a single buyer, leading luxury property developer Ardie Tavangarian of The Arya Group.

The collection of homes includes a contemporary mansion with six bedrooms and seven bathrooms in 9,309 square feet and a Colonial-style house.

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The deals bring his total Golden State sales to eight which he initially listed for a combined $157.9 million.

According to the Times, Musk sold his first house in June 2020 for $29 million and the second in October for $7 million. The Tesla and SpaceX CEO sold the first house to Chinese billionaire William Ding, per Variety's Dirt.

The second house, which once was once home to the late actor Gene Wilder, was purchased and now belongs to Wilder's nephew, the outlet adds. In a tweet from May 2020, Musk detailed, "Just one stipulation on sale: I own Gene Wilder's old house. It cannot be torn down or lose any of its soul."

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Musk recently bid the Bay Area adieu and is now living in Texas, months after sparring with state officials in California over Covid-related lockdown orders.

Musk, who recently became the second-richest person in the world, has taken up residence in the Lone Star State, he told Wall Street Journal editor-in-chief Matt Murray during the newspaper's CEO Council annual summit in December.

It remains unclear if girlfriend Grimes, with whom he welcomed son X Æ A-Xii in May, has also made the move with him.

Both Tesla and SpaceX have operations in Texas; a new Tesla factory outside of Austin is scheduled to open next year, while SpaceX has a launch site in Cameron County. WSJ reported that Musk also filed paperwork in late October to move his personal foundation from California to Austin.