Google Millionaires Make 94027 Home
94027, the zipcode for Atherton, CA, is the most expensive in the entire United States. Located between San Franciso and San Jose, it is one of Silicon Valleys most elite addresses.
Atherton, CA a town of approximately 7000 citizens, counts Charles Schwab, Steve Jobs (Apple), Larry Ellison (Oracle), Meg Whitman (Ebay), Eric Schmidt (Google CEO) among its many famous residents.
Googler Homesteaders. Since the lock up expiration on Google shares, Atherton has seen a run up in its skyhigh prices. More than a dozen Googlers, flush with cash, have bought houses in Atherton for between $3.5 million and $17.8 million. Realtors report that 35% of recent home sales over $7 million have been to Google employees.
If you are seeking a home in Atherton, be prepared to out bid the 15 to 20 Googlers still in the market for a home. As of mid-September, there were 55 homes on the market with an average list price of $4.79 million, equating to an average price per square foot of $677. If you are Googler interested in impressing your boss, consider purchasing the home of Larry Ellison, CEO of Oracle Systems. He recently listed his Japanese inspired beauty for a mere $25 million, not a lot of cash in Google terms.