You expect a lot from a home wearing an $88 million dollar price tag, and this Los Altos Hills property delivers. The Wall Street Journal reports that the on-the-market home belongs to tech mogul Kumar Malavalli, founder of Brocade Communications Systems and the head of VKRM, a venture capital firm. The newspaper says that Malavalli uses the compound, (a 20,400-square-foot house and a 1,024-square-foot "executive center"), as a live-work set up.
There's no shortage of luxe features. In addition to the executive center (a space that reportedly holds a reception area, kitchenette, and conference room), there's a swimming pool with a retractable roof and swim-up bar; a stand alone catering kitchen; a six-car garage; a 4,000-bottle wine cellar; and a home theater. A bell tower on the eight-acre property can serve as a stage.
The home is also rich in whimsy. Throughout the grounds there are sculptures depicting a group of musicians, children playing ring around the rosy, and small figures holding baskets.
The house itself is marked with swooping and organic lines, including arching window mullions and carved screens.
Malavalli tells the WSJ that he and his wife are selling the house because they are empty nesters and wish to live closer to their children. The listing agent, Michael Dreyfus, is quoted as saying the home is "one of the most expensive properties ever to be publicly listed in the area," although he notes other homes have been sold privately for more.