Laurene Powell Jobs Sets New Home Sale Record in San Francisco

San Francisco has witnessed a new record in home sales, attributed to Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs. According to The Wall Street Journal, Powell Jobs recently acquired a Pacific Heights residence for a staggering $70 million, surpassing the previous record of $43.5 million that had stood for three years. This significant purchase expands her already substantial real estate portfolio, which includes properties in the Bay Area and multiple lots in Malibu. The newly acquired property was reportedly sold through a private transaction, rather than a traditional listing. The home, previously owned by Sloan Lindemann Barnett and Roger Barnett for approximately thirteen years, features over 17,200 square feet of living space and sits on a 7,500-plus square foot lot. The Barnetts had renovated the century-old residence before selling it. Notably, one of the adjacent lots is owned by Oracle co-founder Larry Ellison, highlighting the area's appeal to high-profile individuals. Pacific Heights is known for its luxury real estate market, with several other properties listed in the eight-figure range. As of Monday, two homes were priced at $32 million, while another was on the market for $15.1 million, according to Redfin listings. Meanwhile, Malibu continues to dominate California's luxury market, recently recording the highest home sale in the state at $210 million, sold by Oakley founder James Jannard.