Peter Magowan's Napa Valley home is listed for $13 million
Updated
Updated · The Wall Street Journal · May 2
Peter Magowan's Napa Valley home is listed for $13 million
7 articles · Updated · The Wall Street Journal · May 2
The roughly 20-acre St Helena, California, estate includes a two-bedroom main house, guesthouse, vineyards, pool and tennis court, with Debbie Magowan selling after Peter Magowan died in 2019.
The couple bought the first five acres in 1992 for about $1.15 million and later expanded the property, adding land, a new pool, poolhouse, tennis court and more guesthouse space.
Magowan, a former Safeway chief and Giants managing general partner through 2008, used the retreat as a Bay Area getaway; St Helena's median sale price was $3.4 million in March.
As the Giants embrace private equity, what does the sale of their former owner's iconic Napa retreat truly represent?
In a cooling Napa market, can a famous name still command a $13 million price tag for a luxury estate?