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Newspaper says estate sold for $117.5 million

WOODSIDE, Calif. (AP) -- A newspaper is reporting a sprawling estate in the San Mateo County community of Woodside has sold for $117.5 million.

The San Jose Mercury News says (http://bit.ly/VHyVyE ) a private sale on the mansion _ in an area popular with Silicon Valley power brokers like Larry Ellison _ closed in November.

The newspaper says the sale price eclipses the $100 million paid for a mansion in nearby Los Altos Hills in 2011.

The Woodside estate features a pool and a 1,117-square-foot pool house, while planning records show a 780-square-foot detached library and a 715-square-foot “retreat” building were also approved for the property.

Property records show the seller of the property was private equity investor Tully Friedman, a founding partner of the San Francisco private investment firm of Hellman & Friedman.

The name of the buyer was not disclosed.

Information from: San Jose Mercury News, http://www.sjmercury.com

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