Talk to Chuck? Charles Schwab Selling $15M San Francisco Home

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Charles Schwab—who founded the brokerage firm that bears his name—is offering up a great investment opportunity for a home buyer. His San Francisco residence has landed on the market for $15 million.

Designed by the noted architect Gardner Dailey in 1941, the property in the Pacific Heights neighborhood is located on a secluded double lot and set back around 60 feet from the street. Passers-by on one of the city’s liveliest streets can’t really even see the place—it’s mostly obscured behind a mature Chinese elm.

Schwab purchased the home in 2012 for $11 million. He’s now looking to secure a hefty return on his investment.

Inside, there are three bedrooms, 3.5 bathrooms, and 5,400 square feet of living space. Dramatic touches include wide hallways and doors, walls of windows, and well-framed views of gardens, the Bay, and the Golden Gate Bridge.

The expansive footprint offers a living room with walls of windows that open out to the deck, a family room that also opens outside, a formal dining room, and an eat-in kitchen.

A curved staircase leads up to the second floor and the master suite, which offers city views. Additionally, the home includes an office with a fireplace, an attached garage, and an elevator.

“Forward thinking for 1941 but ever relevant today, stewardship of this home is a distinction held among prominent San Francisco families, each taking the gravitas of the property to the next generation,” according to the listing description.

And when this extraordinary property goes to a new steward, Schwab won’t be without a home. He’s one of the local luminaries with mansions in the wealthy Silicon Valley suburb of Atherton, CA, known as one of the priciest towns in the United States. 

Schwab founded his company in 1971. Based in San Francisco, it’s one of the largest brokerage firms in the country. The Stanford graduate retired as CEO in 2008. At 82, he’s still the chairman and the largest shareholder. He has an estimated net worth of $7.9 billion, and Forbes ranks him as the 63rd richest American.

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