Woodside estate with 14 acres sells for $33 Million

A limited liability company managed by a family office adviser paid $33 million to acquire a palatial single-family home in Woodside, this year’s second-priciest residential sale in the Peninsula town.

The LLC — named 578 Properties — paid nearly $4,100 a square foot of living space to purchase the five-bedroom, six-bathroom estate at 578 Mountain Home Road from Woodside couple David and Karie Thomson, according to public records and Zillow data. The buyer didn’t name any of its members or organizers on its California LLC registration forms, but did list financial services firm Rosewood Family Advisors as a manager/member on one of those documents. Rosewood, based in Palo Alto, didn’t respond to requests for comment.

Google search results don’t turn up any recent for-sale listings for the home, suggesting it sold in an off-market deal. It sits on nearly 14 acres on Mountain Home Road, the site of some of Woodside’s priciest-ever single-family home sales, according to Zillow data. The neighborhood is a stone’s throw from the town’s center, and many of the homes there are surrounded by horse trails, something that brings many if not most residents to the area, according to a past report by Palo Alto Online.

578 Mountain Home Road (YouTube)

While there are few photos of 578 Mountain Home Road online, a video tour of the property shot in 2019 shows a two-story main home with a pool in the front yard. The nearly 8,100-square-foot home sits atop a brick staircase and includes a library room that can double as a space to host guests during events and a great room that can accommodate a kitchen, dining area and living room, according to footage from the video tour on YouTube.

The abode’s grounds include hedges and trees as well as several sets of solar panels connected to the main home by an underground electrical conduit, according to the video tour and Woodside planning documents.