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https://www.wsj.com/real-estate/tech-investor-wants-150-million-for-california-beach-bungalow-daa2edf7

Tech Investor Wants $150 Million for California ‘Beach Bungalow’

The Manhattan Beach home helped prompt an ordinance that limits the size of homes in the community

A house built on a triple lot in Manhattan Beach, Calif., is listing for $150 million. Richard Yamakawa

By E.B. Solomont

Nov. 21, 2023 6:03 pm ET

A California mansion that spurred neighborhood turmoil when it was built is going on the market for $150 million.

The seller of the roughly 12,640-square-foot beachfront home in Manhattan Beach is tech investor Rob DeSantis, who co-founded software company Ariba and was an early investor in LinkedIn. He purchased three adjacent lots in Manhattan Beach, a coastal city about 20 miles from Los Angeles, for approximately $13 million around 2000, he said, and then spent several years designing a seven-bedroom home and pool.

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