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

Written By Matthew Anello

275 Camino Al Lago in Atherton, Calif. sold for $29 million in 2024. (Matt Anello, Blu Skye Media, Inc. / Courtesy of Christie’s International Real Estate Sereno) 

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

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