Bay Area/ Oakland/ Real Estate & Development
AI Assisted Icon
Published on August 17, 2024
Ex-Seahawks Owner's Danville Estate Sells for $10.8 Million, Far Below Asking PriceSource: Joujou Chawla / Compass

The Bay Area's high-end real estate market has witnessed a notable transaction with the sale of a sizeable East Bay estate, previously owned by the late Ken Behring, a real estate developer and former Seattle Seahawks owner. Originally listed for about $25 million, the property sold for less than half its asking price at an auction, as reported by SFGATE. The sale took place after a lack of substantial interest while on the market, prompting the real estate brokerage firm Compass Concierge and agent Joujou Chawla to resort to an auction with bidding that began on June 28.

In an all-cash transaction, the estate was purchased by Zephyr Cove-based Nevada B Charters LLC for $10.8 million. This information emerged from county records filed on August 1 and later obtained by Mercury News. The identity of the new occupants remains undisclosed; Joujou Chawla has been unable to reveal details about the buyers or the sales process.

Located at the apex of Eagle Ridge within the gated Blackhawk community in Danville, the massive seven-bedroom estate offers natural beauty and man-made luxury. According to details on the Compass listing, the home was inspired by the architectural work of Frank Lloyd Wright's Fallingwater, integrating elements designed by notable professionals, including architect Doug Dahlin, interior designer Steven Chase, and landscape artist Kimio Kimura.

The expansive 26,627-square-foot property, including 14 bathrooms, embodies serene luxury, nested with views of Mount Diablo and the surrounding nature. "Ken Behring formed the Blackhawk Corporation in the late 1970s to break ground on this former ranch property. Approximately 2,400 homes were built," the listing noted via SFGATE. The Compass listing describes the estate complemented by amenities such as a 7,000-square-foot ballroom, a 10,000-bottle wine cellar, and a spa that boasts an indoor-outdoor bath with a retractable roof.