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AI Buyer Pays $70M for Villa de Verano Estate

8/13/2026

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Story summary
  • An AI industry buyer purchased the Villa de Verano estate in Hillsborough for $70 million, most expensive sale and highest home sale in the state in 2026.
  • Jennifer Gilson said the buyer is a man in AI and did not disclose his identity.
  • Gilson reported a rise in buyers and noted prices rose 8.5% in San Mateo County and from $1.8 million to $2.2 million in San Francisco County from May 2025 to May 2026.