Silicon Valley Estate Inspired by Lake Como Gets Price Cut to $78.8 Million
In the hills of Silicon Valley, one of Northern California’s most extravagant private estates has had its price reduced to $78.8 million. The Lake Como–inspired compound was originally listed for $88 million.
Known as Villa de Verano, the 17,016-square-foot residence was commissioned by private-equity investor Ted Kruttschnitt and his wife, Alexia, who spent six years bringing their vision to life.
Completed around 2010, the estate unfolds across more than 12 acres and is designed as a full-scale homage to the Italian lake region, complete with terraced gardens, dramatic water features, and one of the most extensive private amenity collections in Hillsborough.
Property Highlights
Price: $78.8 million
Size: 17,016 square feet on 12.33 acres
Bedrooms: 6
Bathrooms: 7 full, 10 partial
Notable Features: 150-seat amphitheater, redwood grove, reflection pond with Bellagio-inspired fountains, Asian garden with koi pond, executive-length golf course, sports pavilion with championship courts, 2,100-gallon saltwater aquarium, theater, fitness center, spa, game room, and terraced gardens
Inside the Silicon Valley Estate
The main house in this Silicon Valley estate stretches more than 12,000 square feet across three levels, designed for symmetry and framed by views of the Bay as seen in the posts from the Wall Street Journal and Jennifer Gilson.
A grand motor court leads inside to formal gathering spaces and a design that blends European influence with modern craftsmanship. The interiors include a theater, spa, fitness center, game room, and an astonishing 2,100-gallon saltwater aquarium commissioned specifically for the property.
The 4,612-square-foot guest house sits just beyond the main residence, offering additional suites and a sports pavilion.
The sports pavilion includes a sunken championship tennis court, pickleball, volleyball, badminton, bocce ball, horseshoes, shuffleboard, a putting green, and even an executive-length golf course stretching across the property.
Outside, a series of cascading fountains connect the main house to a massive reflection pond modeled after the Bellagio in Las Vegas, while pathways weave through an Asian garden, koi pond, and rose garden.
Full Video Tour
Purposely designed to capture the character of Italy’s lake district, this property stands out as one of the most distinctive homes in the region.
Every detail was chosen to make the setting feel like a world of its own, a sense that becomes even clearer in the full video tour from Golden Gate Sotheby’s International Realty.
There, you’ll see the custom-designed furniture and commissioned artwork created specifically for the estate, bringing a unified, intentional style to both the interiors and the separate structures across the property.
Why is Villa de Verano on The Market?
Villa de Verano is one of Silicon Valley’s most elaborate private residences, designed with a level of scale and customization rarely seen in California real estate.
Between its Lake Como inspiration, sweeping gardens, full sports complex, and dedicated amenities, it stands as a true legacy estate built for privacy, entertaining, and architectural grandeur.
Now, the Kruttschnitts are parting with it simply because their lives have shifted south. They spend most of the year in Palm Desert, California, where they own a home at Bighorn Golf Club, making Villa de Verano more of a seasonal property than a primary residence.
Their sale opens the door for a new buyer to step into one of Northern California’s most impressive compounds.

