Once the highest-paid CEO in the US, John Hammergren of McKesson understandably has an incredibly impressive home. But perhaps not for long — on October 27th, 10 Winding Lane, his massive estate in the East Bay city of Orinda, will be put up for auction by Concierge Auctions.
Hammergren first bought the property in 1996 for $3 million and put it back on the market this past May for $22.5 million. After it sat for five months without a buyer, Hammergren decided on an alternate route: putting it up for auction. To even enter the auction participants must throw down a cool $250,000 as a deposit — this is not a spectator sport.
As mentioned, the estate is massive — almost shockingly so. It has six bedrooms, seven bathrooms and three half bathrooms and sits on 9 acres of land. And while it’s partially powered by solar panels, we imagine it still requires a lot of energy. After all, it’s got a rock wall, tennis court, golf course, banquet hall, infinity pool and spa, yoga studio, squash court, sauna, locker room and wood-fired pizza oven. The master bedroom is branded as a 2,100-square-foot “master getaway.”
Surprised that someone as wealthy as Hammergren would choose to live off the beaten track in Orinda? You shouldn’t be. Directly east of Berkeley, the affluent town is quiet and rustic, but only a 30-minute drive to busy San Francisco. What’s more, Forbes has ranked it the second-friendliest city in the nation — it’s basically the ‘burbs for the ultra elite.
