Mill Valley
REAL ESTATE
Steve Jobs' Widow Shatters San Francisco Record with $70 Million Mansion Purchase on Billionaire's Row
Laurene Powell Jobs' acquisition of a $70 million mansion on Billionaire's Row achieves a new high for San Francisco, setting a record for the most expensive home sale in the city's history. The purchase by the billionaire philanthropist surpasses the former record of $43.5 million for another Pacific Heights property in 2021 which was one block away. The monumental transaction for the 17,300-square-foot Spanish Revival estate at 2840 Broadway Street was carried out off-market, as The Real Deal reports.
Oakland opens 100% affordable housing complex
Officials in Oakland on Tuesday celebrated the opening of a 100% affordable housing project designed for low-income and formerly incarcerated residents. The apartment complex at 1670 Seventh St., called The Black Panther, will house ground-floor businesses, with the upper levels consisting of homes with views of San Francisco Bay and the Oakland hills. It's only three blocks from the nearest BART station.
Pace of Home Sales in San Francisco Drops
The number of single-family homes and condos in contract to be sold across San Francisco has dropped around 15 percent over the past month, including a 6 percent drop in the seasonally adjusted pace of sales over the past two weeks. At the same time, the average asking price per...
Sam Altman thought he’d bought a $27M home with a ‘Batcave.’ Lawsuit says it’s a ‘lemon’
OpenAI boss Sam Altman thought he’d bought a Russian Hill mansion complete with a “Batcave.” But a lawsuit against the builder claims the billionaire was misled into buying a $27 million “lemon” rife with shoddy construction. The property owner filed suit Friday in San Francisco...
Streamlined Housing Projects Dashboard
This webpage provides an overview of housing projects submitted to the Planning Department that do not require a Planning Commission hearing prior to approval because of recent changes to State or local law. Note that this is a beta dashboard. While generally accurate, it is under continued development and not yet warranted as complete.
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