Back in 2009, Joe Montana made big news when he put his 500-acre Northern California spread on the housing market with an asking price of $49,000,000. Unique price, eh? Flash-forward to 2012 and Montana is still trying to sell that house. New price: $35,000,000. What changed with the house in three years to drop the price $14mm? Gophers? Bad olive crop? Windstorm took out trees?
None of those, from what we can tell. What makes more sense is that Montana is trying to sell a 3-bedroom house for $35mm. Do the math. Imagine the guilty lump in your throat every time you think about living in a house with an average bedroom price of $10mm, or $27,397 per night/room for 365 days. Helluva hotel.
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Joe Montana NorCal Estate Details:
• 3 bed, 3.5 bath
• 9,700 sq. ft.
• 500 a...
Original Story:
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January 20, 2012
