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Palo Alto Mansion Sold in $10 Million Real Estate Deal

The modern estate was purchased for less than its asking price, reflecting current market trends.

  • The 5,400-square-foot mansion at 6 Tevis Place in Palo Alto has secured a buyer.
  • The transaction highlights ongoing interest in high-value properties despite broader economic uncertainties.
  • This sale contributes to the region's dynamic real estate market, driven by the tech economy.
  • The deal underscores the competitive nature of the luxury housing market in Silicon Valley.
  • While the property's sale price exceeded $10 million, it ultimately closed below the initial asking price.
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