WeWork cofounder Adam Neumann is selling his San Francisco Bay Area compound for $27.5 million — look inside the ‘Guitar House’

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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 $US27.5 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 $US21.4 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.

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Adam Neumann and his wife, Rebekah. 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 $US14 billion before last year’s fiasco, but his fortune has since shrunk dramatically. He’s now worth between $US450 million and $US750 million, based on estimates from Forbes and Bloomberg.


After founding WeWork in 2010, Neumann and Rebekah spent more than $US80 million on at least five homes. But after moving to Israel to escape media scrutiny, they have been trying to offload them one by one.

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Adam and Rebekah Neumann in 2009. Theo Wargo/Getty Images

In February, the Neumanns put multiple units in their New York City townhouse on the market for a combined $US37.5 million.

And in March, they sold their house in the Hamptons for $US1.25 million after owning it for seven years, Mansion Global reported.

Their latest property to hit the market is a home in Corte Madera in the San Francisco Bay Area.


Corte Madera, a town of just under 10,000 people, is about 30 minutes by car from San Francisco.

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In 2018, the median household income in Corte Madera was $US147,587 – more than double the national median of $US60,293, according to data from the US Census Bureau.


The Neumanns’ house in Corte Madera, asking $US27.5 million, sits on more than 10 acres on a hilltop that’s just minutes from the Golden Gate Bridge, according to the listing.

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Source: Compass


Neumann bought the home in 2018 for $US21.4 million.

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Source: Bloomberg


The compound has a gated entry with a private driveway.

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Source: Compass


The home, known as the “Guitar House,” sits on land that was once owned by legendary rock and roll concert promoter Bill Graham.

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The property was later renovated by eco-architect Sim Van der Ryn.


The entry hall is an introduction to the home’s distinctive design style.

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Source: Compass


The main house has more than 10,000 square feet of living space.

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Source: Compass


The home weaves together the indoor and outdoor spaces.

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Source: Compass


The gourmet chef’s kitchen comes with two butler pantries.

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Source: Compass


The living room has its own bar area.

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Source: Compass


The expansive master suite comes with a fireplace and its own private patio.

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Source: Compass


The private outdoor area has ample seating space.

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Source: Compass


The attached master bathroom includes dual dressing areas …

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Source: Compass


… and a soaking tub with panoramic views of the surrounding landscape, as well as a walk-in, glass-walled shower.

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Source: Compass


There’s also a spacious master office.

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Source: Compass


In addition to the master suite, the main home has three guest bedrooms.

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Source: Compass


The home was designed with abundant space for entertaining, like this billiards room …

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Source: Compass


… and the home theatre.

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Source: Compass


The aptly-named Guitar House also has a professional-grade music room that’s shaped like a guitar.

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Source: Compass


The California compound’s outdoor space is just as luxurious as its interior.

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Source: Compass


There’s plenty of space for al fresco dining and entertaining.

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Source: Compass


Next to the outdoor swimming pool is a pool cabana with its own kitchen and half bathroom.

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Source: Compass


Then there’s the guest house, which comes with two bedrooms, two bathrooms, and a living area.

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Source: Compass


But that’s not all. Neumann’s compound also includes an indoor regulation-size racquetball court, a yoga and fitness centre, and a wine cellar.

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Source: Compass


Also on the 10-acre property are vegetable and herb gardens.

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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.

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And don’t forget the greenhouse, the chicken coop, and last but not least, the bee harvesting farm.