Warren Buffett’s California beach house is still for sale for $11M

Wealth


Warren Buffett famously still lives in the Omaha, Nebraska, home he bought in 1958 for $31,000. (Now its property taxes are almost that much.)

But at the urging of his late wife, Susie, Buffett also bought a beachfront vacation home in Laguna Beach, California, in 1971 for $150,000. While Buffett put the mansion on the market for $11 million in February 2017, the home has not yet been sold — and Buffett hasn’t budged on the price. In fact, the house has been on the market for almost five months longer than the median listing time for listings in the same price range in the same ZIP code, Bloomberg reports.

While the home might be overpriced, at least according to some Realtors, the beachside estate is still a beauty.

Buffett’s 3,600-square-foot Emerald Bay house is just steps from the Pacific Ocean, according to listing agent Bill Dolby with Villa Real Estate. It has six bedrooms, seven bathrooms and several balconies with epic views (seen below).



Source link

Products You May Like

Articles You May Like

Five ways to make money overseas besides travel writing or teaching
Applied Materials’ weak forecast fans concerns over the end of the chip boom
Elon Musk disputes Azealia Banks’ claims about weekend at his home
Booming Walmart, Cisco results show US economy’s strength is real and broad-based
Bitcoin price below $6,000 amid wider cryptocurrency sell-off

Leave a Reply

Your email address will not be published. Required fields are marked *