Built for David Kelley, the founder of IDEO and Stanford Design School, and designed by the late Italian architect, Ettore Sottsass, founder of Sottsass Associati and the Memphis group, the postmodern Woodside home at 1250 Canada Road, which is hidden behind the five-acre estate’s equestrian center and barns, hit the market early last year priced at $14.995 million.

And having been reduced to $13.5 million in November, the sale of the pedigreed estate has just closed escrow with an $11 million contract price.