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VC investor’s Pac Heights mansion sells above asking days after listing

$24M trade continues neighborhood hot streak of eight-figure home sales

Mark Perry; 2606 Jackson Street exterior

Yet another Pacific Heights mansion has sold quickly after hitting the market. 

A modern mansion at 2606 Jackson Street sold for $24 million, just a few weeks after going up for sale, the San Francisco Business Times reported. The three-bedroom, 7,470-square-foot home, was completed in 2002 and sits on a double lot overlooking Alta Plaza Park and the San Francisco Bay. 

The home was sold by retired venture capitalist Mark Perry and his wife, oral historian Mauree Jane Perry. The couple listed the home April 13 for $22.5 million and garnered multiple offers, ultimately closing May 8 at $1.5 million above the original asking price. The buyer is an entity known as 2606 Jackson LLC, though the person behind the deal is unknown, as state business records list the LLC’s address as a virtual office in San Francisco. The property earned the nickname of “the Perry House” during the owners’ more than two decades there.

The sale adds to a string of eight-figure trades that have injected momentum into San Francisco’s luxury market this spring. Another $24 million deal closed days earlier at 2626 Larkin Street in Russian Hill, while 2830 Pacific Avenue traded last month for $27.5 million after listing for $35 million in 2023. The city’s top home sale so far this year remains the off-market $56 million trade of 2898 Vallejo Street, sold by former Google executive and TelevisaUnivision CEO Daniel Alegre.

High-end demand has been rebounding faster than the broader market. Sales of homes priced above $3 million rose nearly 15 percent year over year in April, according to data from the San Francisco Association of Realtors cited by the Business Times. Median home prices in the city climbed to nearly $2.2 million last month as affluent buyers, many tied to the artificial intelligence boom, continue crowding into competitive all-cash bidding wars.

Chris Malone Méndez

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