Property sales: Property 25 room(s): California Hillsborough United States for sale

40 Verbalee Lane 94010 Hillsborough, United States

Advertised price

23 595 026 EUR

ESTIMATED AT monthly
Property sales

40 Verbalee Lane, Hillsborough, CA 94010, USA 94010 Hillsborough

Agency reference : 4363483
Hornwell reference : RES-1703000001299
Property Type : Property
Number of rooms : 25
Number of rooms : 12
Number of bathrooms : 12
Year of construction : 0
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Location

#, street, path... : 40 Verbalee Lane
Residence, building, post box :
District :
Arrondissement :
Postal code : 94010
City : Hillsborough
County / Department : San Mateo County
State / Region : California
Country : United States
Tobin Clark Estate
The masterpiece of noted architect David Adler, "House-On-Hill" was commissioned for Mrs. Celia Tobin Clark, heiress to the Hibernia Bank fortune. Inspired by the graceful elegance of England's Cotswold Hills Tudors, construction commenced in 1929 and was completed in 1931. In 1992, the present owners meticulously renovated the entire property with loving attention to detail and an eye for the preservation of original design features while updating the systems infrastructure to modern-day requirements. From the opulent music room, to the lovely Otis lift, to the incredible hand-mill work throughout the residence, no detail was overlooked in the restoration. Nestled in the gentle hills overlooking San Francisco Bay, one feels, upon entering through classic wrought-iron gates, a sense of having entered another world. Driving past the Guardhouse and up the dramatic cobble into the privacy of the magnificent grounds, one sees the expansive motor court and its beautiful fountain at center. The carved front entry opens to an elegant black and white marble reception foyer with a carved balustrade staircase leading to opulent public rooms including a banquet-sized formal dining room with carved marble fireplace, over sized French Doors leading to the Loggia and Grand Terrace, a cozy Library with 17th Century English paneling and the grand Music Room. The mansion includes 12 bedrooms (4 of which are master suites), 12 full baths and 3 half baths, four kitchens, 12 fireplaces, luxurious master quarters, a handsome Bar Room, paneled Card Room, Wine Vault, Exercise Room, huge Recreation/Media Room and in-ground pool. A special VIP suite of rooms has been the guest residence of a prestigious list of U.S. Presidents and other World Leaders including, Presidents Nixon, Reagan, Ford, and Bush, as well as Prime Minister Margaret Thatcher and His Majesty King Hussein. The property also includes a six car garage and state-of-the-art systems, including sound, lighting, security and intercom throughout,. The Music Room is 55 feet long and is crowned by 15 foot ceilings with exquisite three dimensional decorations, features antique parquet-de-Versailles flooring, triple gold-gilt moldings, matching fireplaces, Bay Windows and French doors leading to the Grand Terrace. In the gallery, the floor, which is black and white marble, is laid without mortar, point to point, to create a deep pattern of optical illusion. The walls are dowel-joined Jacobean paneling, purchased through Stair and Andrew in London. Eighteenth-Century English oak surrounds the gentleman's cloak room. For the master sitting room, the owner and architect chose oak paneling, circa 1724, from Royal House Cononley; and the chandelier, constructed a few years later, is Waterford, purchased from a descendant of the actor Edmund Kean. Pine carving attributed to Grinling Gibbons, woodcarver to St. Paul's Cathedral under Sir Christopher Wren, and matching eighteenth-century pine bookcases grace the library, featured in Helen Comstock's One Hundred Most Beautiful Rooms in America. For more than sixty years, the Hillsborough mansion with the unassuming name "House-on-Hill" has been cited as one of the most spectacular private residences ever created, and one that is certainly without peer in its stately and elegant English style. This is a once in a lifetime opportunity to acquire a priceless piece of history, located in the heart of the one of the most significant and beautiful locations in the world. Co-Listed with Coldwell Banker Previews International. For Showings: Richard.Williamson@sothebysrealty.com 01-650-597-1808 Richard C. Williamson of Today Sotheby's International Realty. Price is conditioned upon owner financing 40% of the purchase price at 3.8%; price w/out seller financing is $29,000,000. Virtual Tour can be viewed at www.TobinClarkEstate.net

Characteristics

STATUS

Traditional
Old
Top of the line
Contemporary
Historical
To renovate
Atypical
Condo
Seizure
Auction
Life Sale
Exclusiveness
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VOCATION / USE

Residential
Professional
Placement / Investment
Heritage / Culture
Agriculture
Viticulture
Équestre
Élevage
Touristic
Holidays / Resort
Golf
Ski
Hunting
Peach
Nautical sports
Aeronautical sports
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ENVIRONMENT

City
Town
Campaign
Mountain
Wood / Forest
Desert
Island
Tropical
In a dominant position
With panoramic view
At the water's edge
Lake / Pond / River
Residential district
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CONVENIENCES

Disabled accessible
Suitable for events
Hotel services
Guided access
Not overlooked
Elevator
Intercom / Videophone
Home automation
Ecological / Bioclimatic
Security System / Alarm
Automatic extinguishing system
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FACILITIES

Landscaped garden
Balcony
Terrace
Roof terrace
Pool
Indoor swimming pool
Heated pool
Indoor and heated pool
Pool house
Indoor pool
Indoor heated pool
Spa / Jacuzzi
Sauna / Hammam
Veranda
Patio
Reversible climate control
Fireplace / Wood stove
Wine cellar / Cellar
Library
Home cinema
Bowling Alley
Sports Hall
Basketball court
Golf field
Tennis court
Summer kitchen / Barbecue
Infrastructure(s) for horses
Stable(s)
Barn / Hangar
Wharf / Pontoon / Berth
Vineyard
Secure residential complex
House of friends
Staff quarters
Helipad
Private landing strip
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Mortgage

In 30 years you will pay 29 786 871 EUR
Total principal payments : 18 876 021 EUR
Total interest payments : 10 910 850 EUR
Based on a payment estimate of 82 741 EUR monthly

Amortization table

Month Year Deadline Main Interest Remains to be paid Paid
06 2024 1 30 722 € 52 019 € 18 845 299 € 82 741 €
07 2024 2 30 807 € 51 935 € 18 814 492 € 165 483 €
08 2024 3 30 892 € 51 850 € 18 783 600 € 248 224 €
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