Stephen Elop, former CEO of Nokia who now serves as executive vice president of Microsoft after the latter acquired the former, has reportedly re-listed his home in Seattle for $5 million, according to several news reports.
The Realtor Blog states that Elop purchased the home sometime in 2008 for slightly less than $4 million. The home had debuted in the market with $5.8 million in March 2013 but has now been given a pricechopper of $800,000. If it sells for the current asking price, he will still manage to bag a profit off the deal.
Listing records of the home state that the residence is a huge, 12000 square feet mansion set on a large 3.2 acre lot. The multi-winged house comprises of eight bedrooms and seven bathrooms.
Interiors of the residence features hardwood flooring, drywall and vaulted ceilings and large wood-framed glass doors and windows. There is a majestic air in the house that makes it fir for a king. Special features of the home include a spa, a media room, an indoor pool and a game room as well.
Outside, the home has rolling greens and a separate two-bed, two bath guest house too.
The listing describes the place as:
From the moment of arrival, this graceful home is a world away, yet conveniently located to Redmond, Bellevue, Seattle, Wine Country & more. Warm, elegant interiors, luxury surfaces & finishes in 12,000 asf w/8 bdrms, 9 baths, top of the line kit, sumptuous mstr ste, spa bth, library w/hidden access to wine cellar, indoor athletic crt, media rm, indoor pool/hot tub, apt w/ 2 bdrm, 2 bth, elevator. Beautiful 3.2 acre site w/tennis crt, outdoor spaces perfect for entertaining, room to roam.
Check out the pictures of the home, here.
Elop served as the CEO of Nokia for three years and under his watch, the tech giant's profits fell drastically. Nokia fired Elop in Sep. 2013 but soon after, the company was acquired by Microsoft. It was then decided that Elop would serve as the executive vice president at the software company.
Currently, Elop is leading the list of bigwigs competing for Microsoft's CEO position. He is now top on the list as Allan Mullaly, the CEO of Ford has backed out of the race to replace current CEO Steve Ballmer.
"Ultimately we believe Mr. Elop is positioned as the close second pick to Mr. Mulally given his previous Microsoft experience and demonstrable expertise in the mobile space, and as he has shown a willingness to make hard decisions," Daniel Ives, analyst at FBR Capital Markets said in a report.
