Musk has spent the past seven years building a small real estate empire in the celebrity enclave of Bel Air, buying six properties within walking distance of each other.
The homes, which range in value from $3.2 million to $30 million, are located on two adjacent streets, at one point sparking rumors that Musk planned to build a connecting tunnel system beneath them.
But now, Musk is taking steps to dismantle the real estate sector.
The eccentric businessman, who is estimated by Forbes to be worth more than $38 billion, indicated he planned to put the homes up for sale in a bizarre Twitter post on Friday, writing: “I am selling almost all of my physical possessions. I will not own any houses.”
In the same speech, Musk declared that Tesla’s stock price was “too high,” causing the company’s shares to fall nearly 11 percent and erasing about $13 million from its market value, including nearly $3 million from the CEO’s stake.
On Monday, it was revealed that Musk had put two of the Bel Air homes up for sale for a combined $39.5 million.
The aerial photo above shows five of the six homes Elon Musk owns on adjacent streets in the exclusive Bel Air neighborhood of Los Angeles. Last week, the Tesla CEO announced he plans to sell “almost all” of his physical possessions in a bizarre Twitter rant, declaring, “I won’t own any houses.”
Musk announced he plans to sell “almost all” of his physical possessions in a series of bizarre tweets on Friday.
Musk listed this home at 10924 Chalon Road for sale for $30 million on Monday, two days after his Twitter rant.
This home at 10930 Chalon Road, previously owned by Gene Wilder, is now also for sale for $9.5 million.
Musk purchased the house pictured above, at 10947 Chalon Road, in July 2015 for $20 million. It is now estimated to be worth $10.7 million.
The first home for sale is Musk’s estate in lower Bel Air, which overlooks the Bel Air Country Club.
The home, which Musk purchased in 2012 for $17 million, is listed on Zillow for $30 million.
The 16,251-square-foot mansion features six bedrooms, 11 bathrooms, a two-story library, a swimming pool and a tennis court.
It also has a gym, swimming pool, wine cellar, fruit orchard and garage for five cars.
The second home was listed for $9.5 million and was formerly owned by the late Willy Wonka actor Gene Wilder, who passed away in 2016.
It features five bedrooms, 4.5 bathrooms, an oval pool and a private guest house.
In November 2013, Musk purchased the three-quarter-acre home in Bel Air for $6.75 million. Musk has since turned the property into a private school.
In one of his tweets on Friday, Musk said he would sell the house under certain conditions.
“The sale has only one condition: I am the owner of Gene Wilder’s former home. It cannot be demolished and its essence cannot be lost,” Musk said.
Musk purchased the home at 10924 Chalon Road (pictured) for $17 million in 2012. It’s now listed for $30 million on Zillow.
The 16,251-square-foot mansion features six bedrooms, 11 bathrooms, a two-story library, a swimming pool and a tennis court.
Musk purchased the second home now for sale, at 10930 Chalon Road, for $6.75 million in 2013.
In one of his tweets on Friday, Musk said he would sell the house for 10930 with certain conditions. “Only one condition for the sale: I own Gene Wilder’s former home. Cannot be torn down or have its soul taken away,” he wrote.
The home features five bedrooms, 4.5 bathrooms, an oval pool (pictured) and a private guest cottage.
The home is one of six Musk has purchased that are within walking distance of each other. Musk also purchased a seventh home near Tesla’s headquarters in Northern California.
In total, he has spent more than $100 million on seven properties since 2012, according to The Wall Street Journal.
Musk purchased two homes in 2015: a $4.3 million ranch house and a $20 million mansion.
