Newsom Lists Sacramento Home for $7.5 Million as 130 Days Remain in His Governorship
Updated
Updated · The New York Times · Aug 26
Newsom Lists Sacramento Home for $7.5 Million as 130 Days Remain in His Governorship
3 articles · Updated · The New York Times · Aug 26
Summary
$7.5 million would set a Sacramento County record if Gov. Gavin Newsom finds a buyer for his Fair Oaks home, listed Monday with about 130 days left before he is termed out.
The sale underscores Newsom's preparation to leave the capital region as he nears the end of his governorship and weighs a possible presidential campaign.
Ryan Lundquist, a local appraiser, said the asking price is nearly 14 times Sacramento County's $540,000 median single-family home sale price.
The listing also highlights Newsom's long-cool view of Sacramento, which he called "so dull" in 2012, even as he built his political career around California.