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Los Altos Hills Home Becomes First Ever To Sell For $100 Million

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This home at 13310 La Paloma in Los Altos has reportedly sold for $100 Million. (CBS)

This home at 13310 La Paloma in Los Altos has reportedly sold for $100 Million. (CBS)

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LOS ALTOS HILLS (CBS 5) — A Russian billionaire investor has purchased a lavish, 25,500-square-foot mansion in Silicon Valley for $100 million, believed to be the most ever paid for a single-family home in the United States.

Yuri Milner, 49, an investor in Facebook, Groupon and Zynga, apparently has no immediate plans to move into the home in the community of Los Altos Hills.

Milner is the founder of Digital Sky Technologies, an investment firm he started in 2005.

The mansion purchased by Milner is a French-style chateau set on 18 acres in hills overlooking the San Francisco Bay.

See Google Map Of The Property

The estate has a ballroom, wine cellar, gym, spa and pools inside and outside.

The sale price beats the previous high of $95 million, which was paid in 2008 for an estate in Palm Beach, Florida.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services may have contributed to this report.)

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