Steph and Ayesha Curry have quietly sold their Atherton mansion for $29.1 million, taking a nearly $1 million loss on the seven-bedroom estate they bought less than six years ago, even as home values in the tiny Peninsula town have never been higher.
The apparent off-market transaction at 28 Selby Lane was registered in May 2026, according to public records cited by The Real Deal. The Currys paid $30 million for the roughly 17,800-square-foot property in December 2020, purchasing it through an LLC, and the buyer this time around is also a limited liability company listed as a real estate investment firm. Per the sale price attributed to SFGate, the couple's exit works out to a nearly $1 million loss on the home, which includes eight-and-a-half bathrooms, a guest house, and a walnut orchard.
It is not the first time the Golden State Warriors star has moved an Atherton property quietly. Curry sold a previous Atherton home, a 7,535-square-foot mansion on 1.18 acres, off-market in fall 2021 for $31.2 million to Forrest Li, founder and CEO of Singapore-based Sea Ltd., a deal that netted just a $150,000 gain over what Curry paid for it in 2019, according to Palo Alto Patch.
A Break-In and a Zoning Fight Marked the Selby Lane Years
The Selby Lane house was not without incident during the Currys' ownership. The property experienced a break-in in 2023, and San Mateo County court records reported by KTVU identified the intruder as 18-year-old Chinese exchange student Sheng Gao, who walked through an unlocked front door seeking an autograph while the Currys' children and nanny were inside. Gao left without taking anything after being confronted by the nanny, and a judge issued an arrest warrant in December 2023 after he failed to appear for his court date.
Earlier that year, the Currys had pressed Atherton officials on safety and privacy grounds, writing that the town should adopt its new state-mandated housing plan without including neighboring 23 Oakwood Boulevard. The Atherton Town Council rejected that objection in February 2023, voting to retain the parcel in its housing element and clearing the way for up to 16 townhomes to be built adjacent to the Currys' property, as reported by the Palo Alto Daily Post.
Atherton's Market Is Booming Even As the Currys Take a Loss
The sale lands squarely in the middle of an extraordinary run for Atherton real estate. The town reclaimed the title of the country's priciest ZIP code from Miami Beach's Fisher Island earlier in summer 2026, with data from PropertyShark reported by the LA Times showing an artificial intelligence wealth boom pushed Atherton's median home sale price up 20% to nearly $10 million in the first half of 2026. Compass broker data cited in the same report found Atherton recorded five home sales of at least $30 million in just the first seven months of 2026, nearly matching the full-year record of six such sales set in 2025.
Against that backdrop, the Curry sale fits a broader pattern of prominent Atherton sellers accepting discounts even as the overall market surges. Venture capitalist Marc Andreessen sold his 12,000-square-foot Elena Avenue estate for $27.2 million in August 2025, roughly a 10% cut from his asking price, as Hoodline previously reported. Andreessen had also publicly opposed Atherton's high-density housing plans before his sale.
Zoning Pressure on Atherton Isn't Going Away
The Currys' 2023 clash with the town council was an early skirmish in a fight that has only intensified. California's SB 79, which took effect in San Mateo County in July 2026, has ramped up state pressure on Atherton's traditional one-acre minimum zoning by enabling denser proposals near transit, including a 30-townhome project near the Menlo Park Caltrain station that Hoodline detailed in early August. State law had already required Atherton to plan for 348 new housing units between 2023 and 2031, the pressure that produced the housing element fight over 23 Oakwood Boulevard in the first place.
Curry's Bay Area Ties Remain Firmly in Place
Despite offloading the Selby Lane estate, Curry has not moved away from the Bay Area. He maintains an $8 million luxury condominium at the Four Seasons Residences just blocks from Chase Center, according to Heavy. Curry has one more season under contract with the Warriors and is eligible to sign an extension for up to two additional seasons; he has said he wants to remain with Golden State for his entire career.
Curry's other former property, a 1.5-acre compound in Alamo that he sold in 2019 before relocating to Atherton, re-entered the market in May 2026 listed for $10.5 million, as Hoodline has covered. Away from real estate, Ayesha Curry, an actress, and Steph anchor their community work through the Eat. Learn. Play. Foundation, established in 2019 to improve childhood nutrition, literacy, and active play spaces across Oakland and the East Bay.
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