For the first time since it was built 25 years ago, one of the few modern mansions atop Pac Heights will be open for a glimpse by architecture aficionados. With an asking price of $22.5 million, the Jackson Street property across from Alta Plaza Park bucked the off-market luxury trend by hitting the MLS this week.
While anyone can check out the listing pictures, only those with very deep pockets and a penchant for something beyond the neighborhood’s traditional turn-of-the-century mansions can be seriously interested in 2606 Jackson St.
“I haven’t seen anything like this out there in the marketplace, ever,” said Stacey Caen of Sotheby’s, who is listing the property with partner Joseph Lucier. “The closest is Larry Ellison’s home, and that was sold off market.”
The Oracle cofounder sold his nearby nest for $45 million, the city’s biggest sale of 2025. Like Ellison’s former roost, the Jackson Street home was designed by starchitect Olle Lundberg. But unlike Ellison’s home, which was a redesign of a William Wurster midcentury build, this property was built from the ground up in 2002 after owners Mark and Mauree Jane Perry purchased side-by-side lots, according to city records.
They tore down two Victorian rowhouses and enlisted Lundberg to produce a nearly 7,500-square-foot home that, surprisingly, has just three bedrooms. The palatial primary suite, with two offices and an enormous walk-in closet, dominates the third floor. Two en suite bedrooms, along with a wine cellar, occupy the garden level. Between those levels is the entertaining floor, with a sunken dining room that seats 12, several terraces, and a powder room lit by refracted sunlight coming through glass strips in the facade.
The entire home has floor-to-ceiling windows with views of Alta Plaza Park to the south and the bay to the north.
Many of its major architectural elements, like a spiral steel staircase that had to be craned in and the airfoil fin on the exterior, were created by Lundberg’s in-house fabricators.
The architect’s death last fall at age 71 could add value to the homes he designed, especially among the elite who can afford them.
“The people that are going to come out of the woodwork for this will be architecture collectors,” Lucier said. “Not just buyers, collectors.”
Perry is a retired executive and venture capitalist who worked and invested in Silicon Valley for nearly 50 years. The agents said the sellers had mixed emotions about parting with the unique property they had created but wanted to live closer to their children.
Many high-end homes, like Ellison’s, don’t list publicly. The city last week saw its second-highest sale ever: a 15,000-square-foot remodeled home on Vallejo that got two offers over $50 million and sold for $56 million. That is topped only by Laurene Powell Jobs’ $71 million Billionaire’s Row buy in 2024. Both of those sales took place off the market.
But the owners of Jackson Street wanted to put the home on the MLS. The luxury market has been on a roll this spring, with more newly minted AI millionaires than there are mansions to house them and almost zero inventory for those looking for a nontraditional take on Pac Heights grandeur.
“Our clients believe that the strength of the open market will give them the best results,” Lucier said.
Because the property has never been on the market, it’s been a mystery to neighbors and agents who may want a look beyond the eye-catching exterior, which has a circular cutout in the roof and a motor court.
Since the first broker tour Tuesday, there have been numerous requests for private tours.
“They’ve always wondered about the house and couldn’t wait to get inside and see it in person,” Caen said. “We got a lot of ‘wows.’”
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