Belvedere home sold for reported $24.5 million

BELVEDERE, Calif.

The 15,500 square foot mansion sold last month for a reported $24.5 million.

It was built last year on more than an acre of land on the bluffs of Belvedere Avenue.

It has seven bedrooms, nine full bathrooms, a pool, spa, sauna, steam room, gym, wine cellar, theater and elevator, plus panoramic views of the bay.

Records show the buyer is Lonnie Dorn, an investment manager with the Menlo Park-based Portola Group.

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