Mark Zuckerberg sells San Francisco residence for document $31M

Mark Zuckerberg has a sturdy actual property portfolio throughout the West Coast, however may he be saying goodbye to San Francisco?

The Fb co-founder and his spouse, the philanthropist and former pediatrician Priscilla Chan, quietly bought their Golden Metropolis pad in an off-market deal value $31 million, The Submit has confirmed.

This marks the most important residential deal in San Francisco this 12 months, beating a pair of penthouses that after belonged to the late Secretary of State George Shultz for a mixed $29 million, the Actual Deal first reported.

Zuckerberg, 38, bought the house in 2012 for $10 million, information present.

Situated within the Dolores Heights neighborhood, the house has 4 bedrooms and 4 bogs, spanning over 7,300 sq. ft.

The brand new deed filed on the house was signed by the vice chairman of operations for the Chan Zuckerberg Initiative, based on TRD.

Situated at 3450 twenty first St., Zuckerberg bought the house via SFRP LLC.

Whereas there isn’t any clear cause for Zuckerberg’s transfer to promote the house, again in 2016, SFist first reported that disgruntled neighbors have been up in arms over the parking areas that his safety element completely occupied.

This, mixed with two years of development, once they first moved into the brick and stucco residence, didn’t bode nicely for close by residents. The work reportedly value an extra $1.8 million.

“Hello Neighbors,” a January 2016 letter from an nameless neighbor mentioned. “I’m positive you all agree that it may be cumbersome dwelling subsequent to Zuck. I feel we’ve all tried to be as affected person and civil as doable in the course of the very lengthy development, the noise, the trash, the blocking of streets, and many others. Now that each one that circus is finished, we’re left with 2 silver SUVs completely occupying fascinating parking spots.”

The Submit has reached out for remark.

In the meantime, Zuckerberg nonetheless has a four-bedroom, five-bathroom property in Palo Alto.

The Meta CEO additionally owns 1,400 acres on the isle of Kauai, Hawaii after increasing his acreage there final 12 months. In 2019, he bought two adjoining Lake Tahoe properties.