Elon Musk is close to selling his last remaining house, a 47-acre California estate

• Elon Musk's last home seems to have found a buyer, according to its Zillow listing.
• Musk initially listed the 47-acre California estate for $37.5 million.

Elon Musk seems to have found a buyer for what he says is his last remaining home.

Musk has accepted an initial offer for his vast estate outside of San Francisco, according to a Zillow listing for the property. The property is listed as "contingent," meaning the seller has accepted an offer but is still negotiating conditions of the sale.

The 47-acre property in Hillsborough, California, near San Francisco, was built around 1912 and acquired by the Tesla billionaire in 2017. The mansion has 16,000 feet of interior space, including seven bedrooms and 10 bathrooms. It also has a library with leather walls, an expanded kitchen equipped for a private chef, a cocktail room, and nearly 20-foot ceilings.

The property has views of the San Francisco Bay, sprawling lawns, and a reservoir for landscape irrigation. Between carports and a garage, there's room for 11 cars.

The listing agent, Brent Gullixson, did not immediately return a request for comment on the specifics of the sale. It was last priced at $31,990,000, but the final sale price isn't known yet.

Musk has been on a selling spree for more than a year now. In 2020, he pledged to eventually "own no house" and went on to offload several multimillion-dollar homes in California. Musk is known for his grandiose promises, but he appears to be making good on this one.

In June, when the Hillsborough home listed for $37.5 million, Musk called it his "last remaining house." He says he lives in a small, inexpensive house in Texas that he rents from his rocket company, SpaceX.

Musk, the richest person on Earth, has said repeatedly that he wants to reserve as much capital as possible for helping humans colonize Mars.