Sacramento State "University House" listed on real estate market for $3.1 million - mansion recently purchased for now retiring president.

CSUS University Enterprises (UEI) has listed for sale a 7,537 square foot luxury home it purchased in November 2013 for "fundraising and community engagement" activities, and as a "possible" residence for President Alexander Gonzalez.

photos @: Zillow 511 Knightsbridge Lane 95864

Zillow  shows that the property was purchased for $2.8 million in November 2013 and that it was listed for sale in January 2015 at an asking price of $3.1 million. The mansion is located on Fair Oaks Boulevard, just East of Munroe, on a 1.64 acre lot, in a gated Sierra Oaks compound.

In a roundup of 11 of the most valuable homes in the Sacramento Region  (What's it Worth?), Sacramento Magazine reporter R.E. Graswich wrote: "Gonzalez would not discuss his vote to purchase the estate, or why he has not moved in."

Graswich noted that Gonzalez sits on the UEI board that approved the purchase and also recounted the president's earlier troubles with a kitchen remodeling.

UEI executive director Jim Reinhart told Graswich by email that their plan for the property "would be too intrusive on the neighborhood."

The purchase of the property was approved by the UEI Board of Directors, meeting in closed session on September 26, 2013.

All that was recorded publicly about the closed session (the last item on the agenda) was that a vote was taken to authorize the purchase of "Parcel #294-0098-034-0000."

At the December 6, 2013 board meeting, UEI director Reinhart stated: "the University House closed escrow in November and is being leased back to the seller on a month-to-month basis terminating on or before August 15, 2014."

On or before the end of August of 2014, president Gonzalez announced his retirement.

In September 2014, the UEI board held a "special meeting" and in closed session voted to authorize the sale of "Parcel #294-0098-034-0000."

The public notice of the special meeting referred only to the real estate parcel number. It mentioned nothing about the 6 bedrooms, 6 baths, palatial entry, elevator, gourmet kitchen or pool house.

Earlier, at the regular meeting on the same day (September 25, 2014), Reinhart reviewed the past year's "highlights." Included on that list: "UEI purchased a house in November 2013 for possible use as a 'University House'."

Aside from the December 2014 Graswich story in SacMag and the cryptic references in the UEI minutes, there has apparently been no public notice that a presidential mansion was in the works.