Elon Musk Buys Neighbor's Home in Bel Air for $6.75 Million

Elon Musk Home Bel-Air - H 2013
Courtesy of MLS

Elon Musk Home Bel-Air - H 2013

The Tesla CEO purchased the property directly across the street from his primary residency.

Elon Musk is the latest billionaire on a contiguous property-buying spree.

The 42-year-old mogul, who amassed billions via Tesla, SpaceX and PayPal, purchased a traditional-style 20,000-square-foot home in Bel Air for $17 million in January of this year. Property records show that he has just purchased another home across the street, a few hundred feet away, for $6.75 million, according to real estate website Trulia.

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At 2,756 square feet, his latest purchase may be tiny in comparison to his original 7-bedroom, 9-bathroom spread, but the 1951 ranch-style home more than makes up for size with its location and pedigree. Sitting on a raised, 1-acre promontory overlooking a stream and the Bel Air Country Club golf course, the house was the longtime residence of actor Gene Wilder, who lived there from 1976 to 2007.

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Musk currently lives in the 20,000-square-foot home; he rented for three years before purchasing it this year. Whether he'll raze the ranch home to build an even larger anchor home or use the smaller house as a convenient crash pad for guests remains to be seen.