San Francisco Mansion Sells for $70 Million, Record for City

  • The buyer is philanthropist Laurene Powell Jobs, the WSJ says
  • Luxury-home sales are propelling the real estate market
Laurene Powell Jobs Photographer: Jemal Countess/Getty Images

A mansion in San Francisco’s tony Pacific Heights neighborhood sold for approximately $70 million, property records show, setting a record for a home in the city.

The buyer was billionaire philanthropist Laurene Powell Jobs, according to the Wall Street Journal, which first reported the transaction.