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 privately by Sloan Lindemann Barnett and Roger Barnett, who had owned the home for approximately thirteen years. The residence, over a century old, has been renovated and features more than 17,200 square feet of living space, along with a sizable 7,500-plus square foot lot. Notably, one of the adjacent properties 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 homes listed in the eight-figure range. Current listings include two properties priced at $32 million and another at $15.1 million, indicating a robust demand for upscale residences in the neighborhood. In contrast, Malibu recently recorded the highest home sale in California history, with a property sold for $210 million, further emphasizing the competitive nature of the luxury real estate market in California.