Inside Elon Musk’s Secret $12 Million Waterfront Estate in Austin
Posted: 2024-11-12
Elon Musk, the CEO of Tesla and SpaceX, is reportedly spending a considerable amount of time at a luxurious waterfront mansion in , Texas, despite his public claims of living in a modest $50,000 modular home at SpaceX’s Boca Chica site. This mansion, owned by his fellow PayPal co-founder Ken Howery, is located in the exclusive Watersedge community on Lake Austin.
The estate boasts stunning views of the Colorado River, providing a serene and picturesque setting.
A private boatThe estate, which Musk has been using as a guest, is an 8,000-square-foot mansion featuring high-end amenities that reflect the luxurious lifestyle often associated with billionaires. The property includes a waterfront pool, jacuzzi, and private boat slip, offering a serene and private retreat. It was purchased by Howery for over $12 million in 2018, setting a record for the Austin market at the time. Given the booming property values in Austin, the mansion’s worth has likely increased significantly since then
With its expansive square footage, the mansion offers ample space for both living and entertaining.
The interior design reflects contemporary elegance, blending comfort with high-end finishes and fixtures
Musk has previously sold all of his California properties, which included nine mansions, for a total of $144 million, as part of his declaration to “own no house.” This strategic move has been linked to his need to raise cash to exercise stock options set to expire soon