We Are San Francisco

Former Newsom Home on Stanyan Street Sells for $5.9M

The Ashbury Heights house closed on October 22 for $1.4 million above the original asking price.

Updated on Oct. 26, 2026 in Residential

Screen-print poster illustration showing a stylized hillside home in San Francisco, reflecting the luxury real estate market trend.
A renovated two-bedroom home in San Francisco’s Ashbury Heights neighborhood sold for $5.9 million on October 22, significantly exceeding its $4.5 million asking price. AI Illustration. Upload story photo >

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A modest Ashbury Heights home formerly occupied by Governor Gavin Newsom has sold for $5.9 million. The two-bedroom property, which underwent a gut renovation, closed for sale on October 22 after being listed for $4.5 million in late September.

Why it matters

The sale highlights the intense market demand in the neighborhood, where even compact 1,445-square-foot homes can fetch prices well above their asking value. It serves as a local barometer for luxury real estate velocity in San Francisco's residential market.

The home sold for $5.9 million, exceeding its late September list price of $4.5 million. The property previously traded for $2.9 million in 2019.

The players

Gavin Newsom

The current Governor of California who previously lived in the Stanyan Street home.

Sandra McBride

The seller who purchased the property in 2019 and oversaw its renovation.

The details

Seller Sandra McBride renovated the 1,445-square-foot house, which includes an artist studio on a 9,600-square-foot lot, before attracting multiple offers. The property was the residence of Gavin Newsom during his first five years in office. Meanwhile, the Governor's own Fair Oaks mansion remains on the market for $7.5 million or for rent at $30,000 monthly.

Timeline

  1. 2019: Sandra McBride purchased the San Francisco property.

  2. Late September 2026: The home was listed for $4.5 million.

  3. October 22, 2026: The sale of the home closed.

Across the Bay

This sale underscores the persistent intensity of San Francisco's local housing market for single-family homes. It contrasts with the regional focus on high-volume production, such as the 12,000 units planned for the Concord naval station redevelopment.

Homeowners in Ashbury Heights may see this $5.9 million sale cited as a new benchmark for renovated property values. The transaction confirms that competition remains high for unique, move-in-ready lots in the area.

The takeaway

Even in a cooling market, unique properties with high-end renovations continue to draw multiple bids well above their list price. Watch future property assessments on Stanyan Street to see how this outlier sale impacts surrounding home values.

Further reading

For more on market trends, check the latest residential updates.

Source note: This article includes information reported by The Real Deal New York.

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