Texas oil executive linked to record-breaking $42M mansion purchase in San Francisco

Amir Korangy,  Founder and Publisher
Amir Korangy, Founder and Publisher - The Real Deal San Francisco
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A mansion located at 2930 Broadway in San Francisco’s Pacific Heights has sold for $42 million, setting a new record for the city’s most expensive home sale this year. The property, measuring 7,320 square feet, was previously owned by the estate of Brooks Walker Jr., a prominent business and civic leader in the Bay Area who passed away last year at age 96. The Walker family had held the property for approximately six decades.

The buyer is HOS Pacific LLC, a California company reportedly linked to Texas oil executive Joseph O’Neill, according to reports from the San Francisco Business Times and the San Francisco Standard. O’Neill is known as an associate of former President George W. Bush.

This transaction surpasses the previous high for 2025, which was set in January when the Shorenstein family sold their Sea Cliff Avenue home for $30 million.

Another significant deal on Broadway occurred recently as well: 2898 Broadway went into contract after being listed at $26 million. The seller of that property is Jim Willenborg, managing partner at Baker Street Partners; it was originally listed at $32 million in 2023.

San Francisco’s luxury real estate market continues to see strong demand. Industry observers note that with growth in artificial intelligence and an influx of tech workers to the city, competition among buyers for high-end homes has intensified.

Sales data show that transactions involving homes priced above $5 million increased by 55 percent last month compared to September of last year. Overall home sales also rose by 35 percent over the same period.

Despite its record-setting price for this year, the sale of 2930 Broadway does not surpass San Francisco’s all-time residential sales record. That mark belongs to Laurene Powell Jobs, who purchased a nearby mansion at 2840 Broadway last year for $71 million.

Elsewhere in the Bay Area, the largest real estate transaction so far this year was last month’s sale of Green Gables estate—a 74-acre property—which closed at $85 million after initially being listed for $135 million.



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