Jacob Eliot; Michael Kovac/Getty
- WeWork cofounder Adam Neumann’s San Francisco Bay Area home has officially hit the market for $27.5 million, Mansion Global reported.
- The 10-acre compound includes a 10,000-square-foot main house, a separate guest house, a swimming pool, a greenhouse, gardens, a chicken coop, and solar and geothermal systems.
- Neumann and his wife, Rebekah, have been trying to sell off millions of dollars of real estate in recent months after temporarily moving to Israel to escape media scrutiny.
- The ousted WeWork CEO, who lost his billionaire status this spring, is now worth between $450 million and $750 million, based on estimates from Forbes and Bloomberg.
- Visit Business Insider’s homepage for more stories.
Adam Neumann is selling off yet another piece of luxury real estate.
The WeWork cofounder and former CEO’s “Guitar House” in Northern California has officially hit the market for $27.5 million, Beckie Strum reported for Mansion Global. Bloomberg first reported the impending listing last month.
The sprawling estate sits on 10 acres in Corte Madera, California, and includes a 10,000-square-foot main home, a two-bedroom guest house, a detached yoga studio, a wine cellar, staff quarters, and a poolside cabana.
Neumann bought the compound in 2018 for $21.4 million. The property once belonged to legendary rock and roll concert promoter Bill Graham and was later “reimagined” by eco-architect Sim Van der Ryn, according to the listing.
Compass agent Joshua Deitch has the listing.
Take a look inside Neumann’s San Francisco Bay Area home.
Adam Neumann, the cofounder and former CEO of WeWork, has been trying to sell off millions of dollars of his real-estate portfolio in recent months.
Evan Agostini/Invision/AP
Neumann, who cofounded WeWork in 2010 with his wife, Rebekah Neumann, and Miguel McKelvey, was ousted from the company last year after its failed IPO.
Neumann was worth as much as $14 billion before last year’s fiasco, but his fortune has since shrunk dramatically. He’s now worth between $450 million and $750 million, based on estimates from Forbes and Bloomberg.
Corte Madera, a town of just under 10,000 people, is about 30 minutes by car from San Francisco.
Google Maps
In 2018, the median household income in Corte Madera was $147,587 — more than double the national median of $60,293, according to data from the US Census Bureau.
The Neumanns’ house in Corte Madera, asking $27.5 million, sits on more than 10 acres on a hilltop that’s just minutes from the Golden Gate Bridge, according to the listing.
Jacob Elliot
Source: Compass
The entry hall is an introduction to the home’s distinctive design style.
Jacob Elliot
Source: Compass
The expansive master suite comes with a fireplace and its own private patio.
Jacob Elliot
Source: Compass
… and a soaking tub with panoramic views of the surrounding landscape, as well as a walk-in, glass-walled shower.
Jacob Elliot
Source: Compass
In addition to the master suite, the main home has three guest bedrooms.
Jacob Elliot
Source: Compass
The home was designed with abundant space for entertaining, like this billiards room …
Jacob Elliot
Source: Compass
The aptly-named Guitar House also has a professional-grade music room that’s shaped like a guitar.
Jacob Elliot
Source: Compass
The California compound’s outdoor space is just as luxurious as its interior.
Jacob Elliot
Source: Compass
Next to the outdoor swimming pool is a pool cabana with its own kitchen and half bathroom.
Jacob Elliot
Source: Compass
Then there’s the guest house, which comes with two bedrooms, two bathrooms, and a living area.
Jacob Elliot
Source: Compass
But that’s not all. Neumann’s compound also includes an indoor regulation-size racquetball court, a yoga and fitness center, and a wine cellar.
Jacob Elliot
Source: Compass
According to the listing, the new owner of the Guitar House can live “off the grid” thanks to the compound’s gardens, personal water well, and solar and geothermal systems.
Jacob Elliot
And don’t forget the greenhouse, the chicken coop, and last but not least, the bee harvesting farm.
Features
BI Select
Arts & Culture
Adam Neumann
