Outgoing California Gov. Gavin Newsom has put his Sacramento-area mansion on the market for $7.5 million as he prepares to end his two-term run—amid rumors that he is set to launch a presidential campaign ahead of the 2028 election.
Newsom, 58, and his wife, Jennifer Siebel Newsom, 52, purchased the seven-bedroom Santa Barbara-inspired property for $3.7 million in 2019, explaining at the time that they chosen the Fair Oaks dwelling as their family abode because it was a “more kid-friendly” alternative to the official Governor’s mansion.
Certainly the mansion—which was built in 1984—offers more luxury than the Victorian property earmarked for the Governor’s use, boasting a number of very high-end amenities, including a resort-style pool, a private tennis court, a cold plunge pool, and a 5,000-bottle wine cellar with its own tasting room.
Described in its listing, which is held by Matthew Hindy of Nick Sadek Sotheby’s International Realty, as an “extraordinary showcase of Santa Barbara-inspired architecture,” the 12,600-square-foot property sits on 8.2 acres of elegantly manicure land that offers “sweeping views and exceptional privacy.”
“Privately gated and exceptionally secluded, this once-in-a-generation estate seamlessly blends timeless architecture, expansive grounds, resort-caliber amenities, and breathtaking views to deliver an unmatched California lifestyle,” the description goes on.
The property has served as Newsom’s home base throughout his two terms as Governor of California—a role that he will officially step down from on Jan. 1, 2027, when his successor takes office.
Elections are due to be held in California on Nov. 3 and will see Democrat Xavier Becerra in the running against Republican Steve Hilton. Newsom was not eligible to run for reelection, having already served two terms, the maximum allowed under California law.
However, Newsom is widely expected to pivot to the national stage after ending his run as Governor, with many predicting that he is in the midst of planning a presidential campaign—speculation that will no doubt be fueled by his decision to part ways with his California home.
The politician has spent much of the last seven years residing in the property with his wife and their four children, Montana, 16, Hunter, 14, Brooklynn, 13, and Dutch, 10, however the family is understood to have relocated to Marin County in 2024, when Newsom and his wife purchased a new $9 million home in the Bay Area.
In June of that year, Politico reported that the Newsoms had enrolled their children in schools in Marin County, and would be splitting their time between their new dwelling and their Fair Oaks property for the remainder of his gubernatorial term.
Speaking to SF Gate, Newsom’s spokesperson, Izzy Gardo, explained that the couple’s decision to list their Sacramento-area home was part of a “gradual transition” being made by the family ahead of his stepping down as Governor at the start of 2027.
“With the Governor’s term ending in January 2027, the family began a gradual transition in 2024, purchasing a home in Marin County to provide continuity for their children’s education,” Gardo explained. “The sale of their Sacramento home is the next step in that transition.”
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