Elon Musk sells mansion after vow to 'own no house'

Bel Air home reportedly sold to Chinese billionaire for $29M

Elon Musk has sold one of the mansions he put up for sale after tweeting that he was selling most of his possessions and would “own no house.”

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The listing on Zillow, where the 16,251-square-foot Los Angeles home had been listed by owner for $30 million, was removed on June 12. Zillow listed the sale price as $1. However, The Wall Street Journal reported that Musk sold the property to William Ding, the billionaire CEO of Chinese tech firm NetEase, for $29 million.

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The Bel Air estate includes seven bedrooms and 11 total bathrooms, according to the former listing. The remodeled home includes lots of space for entertaining, including a pool, fire pit, outdoor dining area and a two-room guest suite.

The luxurious home includes high ceilings, a two-story library, a theater and a wine cellar. The master suite includes dual bathrooms and closets.

Elon Musk reportedly sold this Los Angeles home for $29 million. (Google Maps)

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Outside, the 1.67-acre property also includes a lighted tennis court and a fruit orchard.

It appears to have been a good investment for Musk. Property records show he paid $17 million for the home in 2012, and its most recent assessments valued the property at closer to $19 million.

In this file photo, Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio in Hawthorne, Calif. (AP Photo/Jae C. Hong, File)

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The CEO of Tesla and SpaceX has listed three other homes for sale after his public pledge to sell his possessions. The four homes were listed together for $62.5 million.

One of those other properties is located across the street from the sold home. It’s the former home of actor Gene Wilder, and Musk tweeted that there would be a stipulation for whoever buys that particular property: they can’t tear it down and the home cannot lose “its soul.”

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