Disgraced WeWork co-founder Adam Neumann s 11-acre California estate dubbed the Guitar House sells for $22.4 million 10 months after being put on the market for $27.5 million
The sprawling seven-bedroom, seven-bathroom estate in Corte Madera, located 15 miles north of the San Francisco Bay Area, was snapped up by a mystery bidder on March 12
Neumann, 41, first listed the 12,500 square foot property for $27.5million in August
Neumann has been offloading his property portfolio over the last year, including his luxury Hamptons farmhouse and Westchester County estate
This comes after his dramatic fall from grace and ousting from the company he co-founded back in 2010
The eccentric businessman s unraveling came in 2019 as the company s hotly-anticipated IPO failed