California Gov. Newsom lists Sacramento mansion for $7.5 million
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California Gov. Newsom lists Sacramento mansion for $7.5 million

Los Angeles Times business

Key Points:

  • Governor Gavin Newsom’s 12,700-square-foot mansion in Fair Oaks, Sacramento County, is listed for sale at $7.5 million, nearly double its 2018 purchase price of $3.7 million.
  • The seven-bedroom estate features Santa Barbara-inspired architecture, a resort-style pool, tennis court, and a 5,000-bottle wine cellar, situated on 8.2 acres along the American River bluffs.
  • The Newsoms have recently bought a $9.1 million estate in Marin County, where they primarily reside and their children attend school, marking a transition away from Sacramento.
  • Newsom’s spokesperson noted that his previous 2012 comment calling Sacramento “just so dull” is outdated, emphasizing his current appreciation of the city.
  • Newsom is considering a 2028 presidential run and has publicly criticized a DOJ investigation into him and his wife, while their disclosed tax returns show combined earnings of at least $11 million since he took office.

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