Recently news broke that a Woodside, Calif. home has fetched an astounding $117.5 million. The nine-acre estate quietly traded hands in November, according to county records, and had never been officially listed for sale. The news had some, like myself, suspicious that a "fat finger" typo was behind the astronomically high number gracing public records. After all, how could this property yield a nine-figure windfall when comparable properties in the area tote price tags in the low tens of millions?
Recently news broke that a Woodside, Calif. home has fetched an astounding $117.5 million. The nine-acre estate quietly traded hands in November, according to county records, and had never been officially listed for sale. The news had some, like myself, suspicious that a "fat finger" typo was behind the astronomically high number gracing public records. After all, how could this property yield a nine-figure windfall when comparable properties in the area tote price tags in the low tens of millions?