Leaving the neighborhood: Nextdoor founder lists Beaux Arts home in San Francisco for $25M

The renovated three-story house has a top-floor master suite with views of San Francisco Bay

National Weekend Edition /
Aug.August 15, 2020 12:00 PM
Nirav Tolia and his San Francisco home (Linkedin, Compass)

Nirav Tolia and his San Francisco home (Linkedin, Compass)

Nextdoor founder Nirav Tolia is looking to part ways with his San Francisco home.

Tolia listed the Pacific Heights home for $25 million, according to the Wall Street Journal. Tolia bought it in 2011 as a wedding present for his wife, Megha Tolia, three years after founding the neighborhood-centric social network. Malin Giddings with Compass has the listing.

Tolia said that ultimately his family plans to find a house outside San Francisco proper, but plans to temporarily relocate to Florence, Italy.

The coronavirus pandemic has rent falling in notoriously expensive San Francisco, although the top end of the housing market appears to be less affected. There were 31 sales above $3 million in June, 10 more than June 2019, according to Compass.

The three-story home has six bedrooms and dates from the 1910s. It was designed by architect George Applegarth in the Beaux-Arts style that was popular at the time.

The Tolias spent three years renovating the property. They rebuilt most of the interior in a subdued contemporary style but retained and restored some of its original features including the coffered ceiling.

The top floor master suite has wraparound windows with views of San Francisco Bay and the Golden Gate Bridge.

The open kitchen and living room area leads to the backyard through sliding floor-to-ceiling doors. The backyard has a hillside garden and a lawn. There’s also a two-car garage.

Tolia was CEO of Nextdoor until 2018 when he became chairman. He also runs an advisory company, Early Stage Internet Companies, that has advised companies including Zillow, Minted, and SurveyMonkey, according to LinkedIn. [WSJ] — Dennis Lynch 


Related Articles

arrow_forward_ios
Judge trashes 421a rent overcharge suit against Muss
Judge trashes 421a rent overcharge suit against Muss
Judge trashes 421a rent overcharge suit against Muss
Low interest rates and the capability for some to work from home is helping fuel the market for vacation homes, a new survey indicates. (iStock)
Pandemic continues to fuel demand for second, third homes
Pandemic continues to fuel demand for second, third homes
15 Farm Springs Road, Farmington, CT and The Boulevard in Yaphank, LI
(Google Maps, TheBoulevardNY.com)
Connecticut, Long Island projects show how pandemic has changed real estate
Connecticut, Long Island projects show how pandemic has changed real estate
Hudson Valley housing market remains hot in Q3
Hudson Valley housing market remains hot in Q3
Hudson Valley housing market remains hot in Q3
Luxury agents are sealing deals with yacht tours, helicopter rides
Luxury agents are sealing deals with yacht tours, helicopter rides
Luxury agents are sealing deals with yacht tours, helicopter rides
VineBrook Homes expands to Southeast, buys $354M single-family portfolio
VineBrook Homes expands to Southeast, buys $354M single-family portfolio
VineBrook Homes expands to Southeast, buys $354M single-family portfolio
It's harder than it's been in a decade to afford a mortgage
It’s harder than it’s been in a decade to afford a mortgage
It’s harder than it’s been in a decade to afford a mortgage
Rounding out the top five list in terms of return on home investment adjusted for risk are Tampa, Washington DC and Boston (Getty)
New York and LA homes showed best risk-adjusted returns in the country
New York and LA homes showed best risk-adjusted returns in the country
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...