A multi-million-dollar property in California’s Sonoma County featuring panoramic vineyard views is up for sale for $3.3 million, according to a new listing. A San Francisco Chronicle report says that the 4,400-square-foot, three-bed, three-bath property located in Santa Rosa can be purchased in cash or Bitcoin (BTC).
The property’s listing agent Lisa Thomas says that the seller decided to accept Bitcoin, the world’s leading cryptocurrency, joining other sellers who are open to cryptocurrency as payment.
“Our client is very knowledgeable about Bitcoin. We had to search far and wide to find an escrow and title company who could handle this, but they are starting to move with the times.”
“I think we will see a lot more of [these transactions]… Those who hold digital currency need liquidity.”
At time of writing, Bitcoin is trading at $38,300 per CoinGecko, which means that the property’s asking price is approximately 86 BTC.
The property sits on 17 acres and features the main house with exposed wood-beam ceilings, cherry floors and custom cabinetry, per the listing. Other accessories of the property include an outdoor kitchen, a pool, wine cellar and a one-bedroom cottage that comes with an office.
The Santa Rosa property is just the latest multi-million-dollar property being sold for cryptocurrency in the US and around the world. Earlier this year, a 33% stake in a Florida island popularly known as Beer Can Island was placed on the market via auction with the sellers accepting unspecified cryptocurrencies.
In June of 2019, the owner of an ocean-front property in the Florida Keys that was valued at $2.19 million listed Bitcoin, Ethereum, Litecoin and other crypto assets as acceptable forms of payment.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Michael Warwick