real estate

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Photo: Cult of Mac Deals

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Buy the California home of a former Apple CEO for just … $37.5 million


Former Apple CEO Mike Markkula's Rana Creek Ranch in Carmel Valley is up for sale. What better purchase to show off your Apple fan credentials?
What better purchase to show off your Apple fan credentials?
Photo: Hall and Hall

Want to own the home of a former Apple CEO? Wouldn’t we all? Unfortunately, you’ll need to pony up $37.5 million to do so.

Belonging to Mike Markkula, the angel investor who played a critical role in Apple’s early days, the ranch is the largest single landholding in Central California’s Carmel Valley. Markkula reportedly purchased it in 1982 for $8 million. He’s been trying to sell it since at least 2013 — and has dropped the price substantially during that time.

A video by the listing agency, Hall and Hall, lets you take a look around.

New York City is going to be seeing a lot more of Apple


Apple Maps just got a New York update.
Apple loves the Big Apple.
Photo: Apple

Apple is on the hunt for big new offices in Manhattan, aiming to increase its footprint in the New York City area.

According to a new report, Apple is searching for up to 750,000 square feet of office space. It has already looked at some of the most prestigious locations in the area. As of now, however, it’s not yet locked anything down.

Zillow’s new app brings 3D home tours to the masses


One of the many house tours available in 3D Home.
Photo: Zillow

Prospective home buyers no longer have to waste time going to houses just to get a look at what its like on the inside.

Zillow debuted its new app this week called 3D Home which makes it easy to create a 3D tour of a property all from your iPhone. Virtual walkthrough tours have usually only been available on high-end homes, but now even the cheapest properties can get in on the action.

San Jose says yes to sprawling new Apple campus


Apple hQ
Apple's building a new office in San Jose.
Photo: Apple

Apple is officially moving into San Jose.

The company received unanimous approval from the San Jose city council this week to develop on property it has leased in North San Jose for the next 15 years. The council approved Apple to build up to 4.15 million square feet of space, but what Apple plans to do with it is still a mystery.

Apple’s senior director of real estate development, Kristina Raspe, told the city council that the company still doesn’t have any firm plans on how the space will be used.

This Fabulous iPad-Controlled Mansion Can Be Yours For Only $22 Million



Apple Fanboy One Percenters (if such a thing exists) looking for new real estate might be tempted to scoop up the open condo next to Tim Cook, but if you’re looking for something more high-tech, with a bigger price tag, this iPad-controlled mansion in Newport Beach, California just came on the market, and it’ll only set you back $22 million.

It’s a mansion worthy of Fortune Cookie himself thanks to incredible beachfront views. And it fits in with Apple’s push for green renewable energy as 95% of its electricity is supplied by a gigantic solar panel in the backyard.

Check it out:

Apple Just Bought A Ton Of Land In Texas For Austin Campus Expansion



Over the last couple of months Apple has been trying to secure a real estate deal that will allow them to expand their Austin, Texas campus and bring an additional 3,600 new jobs to the area. Recent records show that Apple purchased three large tracts of land adjacent to their current campus, that will allow the company to expand and make good on their plans to invest $304 million in the area.

Tim Cook’s 2,400 Square-Foot Home In Palo Alto Keeps Him Rooted


Tim Cook and his Palo Alto condo


Tim Cook is one of the world’s top CEOs, but you wouldn’t know that by where he lays his head at night. The recently appointed head of Apple Inc. lives in a 2,400-square-foot, relatively modest home in Palo Alto, California.

The four-bedroom condo boasts a tiny yard and small adjunct section of real estate in the back. Not much for a man who was recently awarded a $378 million stock incentive.