Less than a year after selling at a discount, crooner Bing Crosby’s former Hillsborough estate is back on the market with a few million dollars in upgrades.
The French chateau-style property at 1200 Armsby Drive sold in June 2025 for $25 million, after it was initially listed at $40 million. Now the estate has been relisted following what its current owners describe as an extensive renovation.
Sellers Mehrdad and Neda Elie spent about eight months and roughly $3 million updating the property, according to listing agent Jenn Gilson of Golden Gate Sotheby’s International Realty.
Mehrdad Elie, founder of the real estate investment firm ElieCorp, told the Wall Street Journal this week that the work included about $400,000 in landscaping and the installation of a new swimming pool, replacing one Crosby had previously filled in…