Buy A House (For $1.3 Million), Get A Tesla Model S (Lease)

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Tesla Model S

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Everyone loves a great deal. Just how many times have you bought an extra bottle of soda because it's on a "buy one, get another free" offer? Or shopped 'til you dropped in an "everything must go" sale?

It's not often you're offered a free car though, even when buying a house.

That's exactly what one San Jose seller is doing, the 1959 house he renovated to modern green standards coming with a free lease of a Tesla Model S electric sedan.

As ABC7 reports, it's creating quite a buzz. Listing agent Avis Garoutte is receiving plenty of calls asking about the Tesla alone--though seller Mohan Mahal has put plenty of effort into making the house itself as energy-efficient as possible.

The house, on Koch Lane, San Jose, is up for $1.325 million, and has been on the market now for just over two weeks. It has four bedrooms, three bathrooms and sits on a 9.147 sq-ft lot in one of San Jose's best neigborhoods.

The car, on the other hand, is free to whoever grabs the house, with a three-year prepaid lease worth $40,000. It's in a fetching shade of metallic light blue, and the new owner can simply get in and drive--after charging it with the pre-installed charging point in the garage, that is.

Seller Mahal is a heart transplant survivor, now on a mission to promote green living. "This is definitely giving me the opportunity to get my word out. Let's do energy efficient homes, let's do homes with cars in there, let's do homes with solar panels," he told ABC7's South Bay News.

In future, Mahal wants to see more houses offered with electric vehicles--a way to really get people behind the technology, improving their homes as well as the cars they drive.

[Hat tip: Brian Henderson]


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Comments (11)
  1. It's not cheap being green. I'm going to have to pass on this one. I'll let one of the other readers scoop it up.

  2. Much cheaper than any regular car IF you keep it long enough. And there is no reason not to.

  3. I wonder how they got a light blue colored Tesla? It's very nice looking but not one of the standard Tesla colors.

  4. That's not blue, it's Grey. It's obviously a bad quality picture. Also, the video says you can choose any color you want (obviously from Tesla's normal color palette), so the photo was not of the actual car you would get and I doubt there is actually a car there in the garage waiting as a result.

  5. In the video they say "This garage is already equipped a charging station, ready to go." The problem is that the video shows a solar inverter, not a charging station. However, you can see a NEMA 14-50 outlet just below the electrical panel in the frame.

  6. I own a 2011 Leaf and thought that if I ever sell my home the car would come with it. Nissan thinks my car depreciated $21000 in two years with only 4770 miles, perfect battery and no body issues.

  7. Keep your car forever. There is no reason to ever sell a good EV. It can last forever. Nissan, like all the other mainstream manufactuers DO NOT want EV's to succeed! Period!

  8. Elon Musk and Tesla is the only serious EV car manufacturer.

  9. It is cheaper just to buy a Tesla S instead of the house...

  10. bet that Wells Fargo is backing the Mortgage loan.

  11. How did they get all of that home onto a lot that is less than 10 square feet?????? ;)

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