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San Francisco mansion sells for $28.5 million, breaking records

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A mansion in San Francisco sold for $28.5 million, $10 million above the home’s $18.5 million asking price, on Oct. 22, 2026. With eight bedrooms and seven bathrooms, the luxury residence was on the market for 20 days.

The Cherry Street home is not the first big purchase we’ve seen from San Francisco’s luxury housing market: A home at 2 Sixth Ave. sold for $15 million, with a listing price of $8 million. In May, a home in Cow Hollow at 2512 Union St. sold for $15 million after listing for $7.95 million.

We’ve followed the city’s luxury boom all year, which was largely attributed to the AI sector in San Francisco.

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