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Seagate CEO Stephen Luczo Selling California Mansion for $13.5 Million

Stephen Luczo, the chairman and CEO of Seagate Technology PLC, has reportedly listed his home in Los Gatos, Calif., for $13.5 million.

The Realtor Blog broke the news of the listing. Team Walsh of Coldwell Banker- Los Gatos is the listing agent.

Property records reveal that Luczo purchased the place in 2012 for $11.55 million - a discounted price because the home was listed at $12.5 million.

The three-storey mansion spans an area of 13,170 square feet and sits on a 1.37-acre secured and private plush lot.

The home is comprised of five bedrooms and six bathrooms. Interiors are done up in a modern floor plan with high beamed ceilings, paneled hardwood flooring and large glass doors and windows.

The house has several dining and living areas, a modern gourmet kitchen with two ovens, a marble mid-rise island and custom cabinetry. A full-fledged movie-screening room, a spa, a wine cellar, a study and a recreation room are also a part of the luxury villa.

Outside, the home has a sparkling pool with ample lounging areas and a detached parking garage. There is a separate guest house as well.

The listing describes the house as:

"This exquisite European-style Estate has it all - modern luxury amenities, unparalleled views of the Valley up to San Francisco & a resort-like pool & grounds. The home & guest house span over 13,000 luxurious square feet over an impeccably arranged three-level floor plan. Each level of this estate is as expansive & breathtaking as the last. Villa Matilija is the best Monte Sereno has to offer."

Check out the photos of the house here.

Luczo seems to be on an unloading mode. Not only did he list his huge villa, but also sold 15,000 shares of his own Seagate stock for $8.81 million, reports InterCooler.com.

Luczo recently stepped down from the board of Microsoft as he wanted to focus more on his role at Seagate. He played a crucial role in selecting current CEO Satya Nadella.

"It has been a pleasure serving on the Microsoft board, and helping to guide the company through such a historic period of change and reinvention," Luczo said in a statement, according to Bloomberg.


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