Laurene Powell Jobs Acquires San Francisco's Priciest Property for $70M

Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs, has made headlines by purchasing San Francisco's most expensive home for approximately $70 million. The off-market deal, shrouded in secrecy, was confirmed by anonymous sources and marks a new record for the city.

Key Takeaways

• Buyer: Laurene Powell Jobs
• Purchase Price: $70 million
• Location: Pacific Heights, San Francisco
• Previous Owners: Sloan Lindemann Barnett and Roger Barnett
• Previous Purchase Price: $33 million in 2011
• Renovations: Extensive, over a decade
• Notable Neighbors: Larry Ellison, Jony Ive
• Previous Record: $43.5 million in 2021

A Record-Breaking Purchase

Laurene Powell Jobs has acquired a mansion in San Francisco's prestigious Pacific Heights neighborhood, known as Billionaires Row. The property, built in 1916, spans three levels and boasts 17,286 square feet of living space. The previous owners, Sloan Lindemann Barnett and Roger Barnett, purchased the home in 2011 for $33 million and spent the last decade renovating it.

Architectural Marvel

The mansion, designed by Willis Polk and refreshed by Peter Marino, has been featured in Architectural Digest as "the most beautiful house in America." The home includes luxurious features such as white onyx-paneled walls, mirrored ornamental columns, and sweeping views of the Golden Gate Bridge.

A New Benchmark

This purchase surpasses the previous record for the most expensive home in San Francisco, which was a $43.5 million deal in 2021, also located in Pacific Heights. The sellers had initially aimed for a price closer to $100 million.

Laurene Powell Jobs' Real Estate Portfolio

Powell Jobs is no stranger to high-end real estate. In 2018, she bought a $16.5 million residence in San Francisco’s Russian Hill. She also owns multiple properties in Malibu, including a recent $94 million purchase in Paradise Cove, as well as homes in Los Altos, CA, and Florida.

Philanthropic Ventures

At 60 years old, Laurene Powell Jobs is a prominent philanthropist. She manages the Steve Jobs Trust and is the founder and chair of Emerson Collective, an organization focused on social justice initiatives.

Sources

• Laurene Powell Jobs Spends $70M on San Francisco's Most Expensive Home, Realtor.com.