Crypto billionaire Chris Larsen drops $13.5M on the biggest Napa home sale in two years
Crypto billionaire Chris Larsen’s latest investment? A former boys school turned luxury wine-country compound. The Ripple chairman and San Francisco power player is behind Napa’s biggest home purchase in more than two years, according to LLC filings connected to the property.
Situated just west of downtown Calistoga, 225 Franz Valley School Road sits on 46 acres and comes with five homes, four vineyards, three sport courts, and one lake — all for nearly $13.5 million.
Triple Gem Estate LLC purchased the property Friday, according to the Napa County Assessor’s Office. That entity is managed by Larsen’s wife, philanthropist Lyna Lam. Larsen has said the family, including the couple’s two sons, has a home in tony Russian Hill, near the Lombard Street steps.
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