Monday, July 15, 2024

Laurene Powell Jobs Buys San Francisco Mansion for Record $70 Million

Laurene Powell Jobs Buys San Francisco Mansion for Record $70 Million

Billionaire philanthropist Laurene Powell Jobs has made headlines by purchasing a stunning mansion in San Francisco’s prestigious Pacific Heights neighborhood for a jaw-dropping $70 million. This off-market deal sets a new record for the most expensive home sale in the city’s history12.

The century-old mansion, located on the renowned Billionaires Row, was originally built in 1916 and boasts a Spanish Renaissance Revival-style architecture. Here are the key highlights of this remarkable property:

  1. Size and Design: The mansion spans an impressive 17,300 square feet and stands four stories tall. Its design, crafted by society architect Willis Polk, has been described by Architectural Digest as "the most beautiful house in America"1. The house wraps around a two-story courtyard crowned with a vast glass roof, creating a harmonious blend of elegance and modernity.
  2. Panoramic Views: The property’s north side features four stories of glass, offering breathtaking views of the San Francisco Bay, the Golden Gate Bridge, Alcatraz Island, and the city skyline. Imagine waking up to those iconic vistas every day!
  3. Previous Owners: The sellers of this magnificent mansion were Sloan Lindemann Barnett and Roger Barnett. They acquired the home in 2011 for $33 million. Sloan, daughter of billionaire George L. Lindemann, and Roger, CEO of health-supplement company Shaklee Corp, had initially sought $100 million for the property1.
  4. Notable Neighbors: Laurene Powell Jobs’ new home sits next door to a contemporary house owned by Oracle billionaire Larry Ellison. Also nearby is a residence owned by Jonathan Ive, the designer behind Apple’s iconic products like the iMac, iPod, iPad, and iPhone1.
  5. Powell Jobs’ Real Estate Portfolio: This purchase adds to Powell Jobs’ impressive real estate portfolio. Earlier this year, she acquired a $94 million estate in Malibu, bringing her total Malibu property tally to $174 million. She also made headlines by making a move to buy the bankrupt San Francisco Art Institute and its historic Diego Rivera fresco1.

In summary, Laurene Powell Jobs’ acquisition of this San Francisco mansion not only sets a new price record but also underscores her commitment to investing in remarkable properties that combine architectural excellence with breathtaking views. As the widow of Apple visionary Steve Jobs, she continues to make her mark in both the tech world and the world of luxury real estate12. Truly, a home fit for a billionaire! 🏡💫



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