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Tech executive selling huge Bay Area estate, leaving the region

February 6, 2023 by www.sfgate.com Leave a Comment

A sprawling 20-acre estate in Livermore just hit the market for $5.3 million. Extensively updated by PayPal executive Dave Montez and his wife in the past five years, the property includes a four-bedroom, four-bathroom ranch home, a casita, an olive orchard and a "fully fenced playground village." Montez said he grew up going to Frontier Village, an amusement park that operated near San Jose between 1961 and 1980, and used it as inspiration for "Olive Town," a space designed for his grandchildren to enjoy. It includes raised garden beds, a play structure and two play cabins on the acreage. The land also features a working olive orchard. Montez said the previous owners brought the property's olive trees over from Tuscany more than 20 years ago and they produce a grassy, peppery olive oil that his wife has been bottling and selling. Bottling equipment is on site. The estate has also been updated for sustainability and off-the-grid living. There's a large solar field and batteries to store power, in addition to two wells that supply almost all the water the property requires throughout the year. Each room in the main home has been renovated and all the landscaping was redesigned when the… Read full this story

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Filed Under: Real Estate Dave Montez, Frontier Village, Bay Area, Livermore, Olive Town, Cambria, San Jose, Tuscany, California, PayPal, Williamson Act​, Real Estate, ...

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