By Beckie Strum | Mansion Global
The politician and his wife are looking to make an almost $4 million profit on the home which they bought eight years ago
California Gov. Gavin Newsom is parting with his posh, midcentury home in Marin County as the newly elected Democrat transitions to the state capital of Sacramento for at least the next four years.
Mr. Newsom, 51, and his wife, documentary filmmaker Jessica Siebel Newsom, put their sun-soaked house in Kentfield on the market last week for $5.995 million. The progressive politician and former mayor of San Francisco has lived there for eight years, buying it with his wife in 2011
The nearly threefold appreciation on the property—if it sells for what the Newsoms are asking—exemplifies the heated property market in the Bay Area, fueled by a robust economy and a severe housing shortage in the state. The median sale price in Marin County jumped 9% in 2018 alone over the previous year, according to recent data from Compass.
The two-story house, built in 1950, sits on nearly an acre and a half of land, which includes a pool and spa surrounded by a paved patio with a romantic-looking firepit, according to the the listing with Chelsea E. Ialeggio of Vanguard Properties. She was not immediately available to speak about the house.
But images of the home, designed by local architect Worley K. Wong, show a property ringed in trees and carefully pruned hedges, which provide privacy to a yard overlooking the verdant Kent Woodlands.
From a cobbled motor court, the front door opens into the main living room and open dining room, both lined in floor-to-ceiling windows. The dining area leads to the spacious open kitchen and secondary eating area, also drenched in sunlight.
There are five bedrooms, many of which have been clearly occupied by the governor’s four children, decorated in bright floral wallpaper and furnished with bunk beds. There’s also a spacious home office as well as a deck off the second floor.
The Newsoms could not immediately be reached for comment.