Matthew Anello 2/26/25 Matthew Anello 2/26/25

Of the Bay Area’s 10 most expensive home sales of 2024, half were in one city

5. 275 Camino Al Lago, Atherton | $29M

Palo Alto-based NexGen Builders sold this 11,300-square-foot new-build in West Atherton in June 2024. According to property records, the buyer was Stellar Prosperity LLC, a company affiliated with Luxshare Tech, a major Chinese supplier for Apple products, and whose technology is also used in AI data centers. The company’s cofounder is Wang Laichun, who in 2021 ranked as the second-richest woman in China.

The listing agent, Nathalie de Saint Andrieu, said that she couldn’t disclose the buyer, but said that the listing attracted several people working in tech, as well as foreign buyers. She said that the home’s appeal was its “quiet luxury” feel, in which “the quality and elegance of the home took precedence over the ‘stuff.'”

Matthew Anello 2/26/25 Matthew Anello 2/26/25

Inspiring Woman & Notable Men

Matthew Anello 10/29/24 Matthew Anello 10/29/24

Rolex, ICA SF and Wilkes Bashford Debut New Spaces

Kerns San Francisco Rolex Showroom

255 Post Street, San Francisco; kernjewelers.com

In partnership with Kerns Fine Jewelry, Rolex’s stunning showroom is now open in downtown San Francisco. “Watch lovers can look forward to an inviting, comfortable atmosphere filled with fantastic models from throughout the Rolex collection,” says David Mendell, proprietor of Kerns. “One of my favorite themes of the showroom is the recurring usage of the iconic fluted motif. It is highlighted on the walls, in the cabinetry and, of course, on many of the watches, too. Another showstopper is the custom Lasvit chandelier that represents a deconstructed view of the layers of a Rolex watch.” The shop’s opening coincides with Kerns’ 50th anniversary as an official Rolex jeweler, so it’s a full-circle moment for the Burlingame-based brand. While Rolex doesn’t produce limited collections for a specific location, the Kerns team has access to rare, one-of-a-kind pieces, and their collection of watches changes regularly. For the best experience, the team recommends making an appointment.