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But Gates still felt the need to gut the entire property. Gates, who rose to prominence as co-founder of Microsoft, bought the Del Mar, California home for $43 million, the Wall Street Journal first reported. It was reportedly one of the largest ever sales in the area. Gates, co-founder of Microsoft, owns several other properties, including his main $127 million Washington mansion. Becky Bracken covers celebrity and other notable real estate for Realtor.com.
As first reported by the Wall Street Journal, tech-magnate and philanthropic powerhouse Bill Gates plopped down $43 million for a sprawling estate with 120 feet of SoCal ocean frontage. It pretty much can only be described as something you aren’t even capable of dreaming of. According to various sources, it’s a whopping 66,000 square feet in total. The gorgeous eco-friendly, high-tech, Pacific lodge-style home has also been nicknamed Xanadu 2.0 from the press after the estate of Charles Foster Kane from the film “Citizen Kane”. I mean seriously guys, if my words fail to grasp this insane home, just check out these photos below.
Where does Bill Gates live?
The six-bedroom, three-bathroom 5,800 square-foot home situated in tony Del Mar, north of San Diego, was purchased by the Gates in March 2020 for $43million, but work to remodel the home has only recently got underway. Another view of the house’s spacious beachfront living and dining room. Now that they've bought the ultimate beach house, Bill and Melinda Gates are certainly ready for summer.
They also gifted their daughter Jennifer a $16 million Westchester horse farm upon her graduation from Stanford University in 2018 and a $5 million New York condo overlooking Central Park shortly after that. The mansion is a modern design in the Pacific lodge style, with classic features such as a private library with a dome-shaped roof and oculus. The house features an estate-wide server system, a 60-foot swimming pool with an underwater music system, a 2,500-square-foot gym, and a 1,000-square-foot dining room. It’s also been reported that the business magnate has owned a total of four private jets.
Celebrity Real Estate
Melinda, 57, and Gates announced they were divorcing in May 2021 after 27 years of marriage. Melinda stated in court papers that the former couple’s relationship was “irretrievably broken.” The divorce was finalized in August. Gates is allegedly planning on using the home, located in the upscale Del Mar neighborhood, as his summer bachelor pad, according to insiders. Getting permission to build in the area in the first place is a feat in itself. According to local officials, obtaining permits takes a while and is nearly impossible.
For those of you who aren’t aware, this is actually a pretty rare car considering only 230 of them were manufactured, each of which comes with a price tag of around $200,000. It’s also been noted that he’s owned several versions of Lamborghinis as well. According to the source, Gates flies six times a month into Carlsbad, which is just a short drive from his house in Rancho Santa Fe — 30 minutes from the Del Mar property. The jacuzzi and fire pit have everything for a perfect beachy respite.
Bill Gates' house
He also became the largest private-farmland owner in the US, with a whopping 242,000 acres of farmland nationwide. In 2014, Bill purchased the 228-acre Rancho Paseana for $18million. It's unclear how long Bill plans to continue construction, or exactly what type of bachelor pad he is planning to build.
The owners can swim in the ocean, or enjoy the view from the porch. The main living space has large windows that open up onto the porch. The primary aims of the Foundation are, globally, to enhance healthcare and reduce extreme poverty, and domestically, to expand educational opportunities and access to information technology. The Bill & Melinda Gates Foundation is a private foundation founded by Bill and Melinda Gates. It is said to be the largest transparently operated private foundation globally. The realtor.com® editorial team highlights a curated selection of product recommendations for your consideration; clicking a link to the retailer that sells the product may earn us a commission.
Boone Pickens, and their representatives have not yet commented on how they intend to use the new property. It could be another addition to their collection, along with several massive ranches he’s acquired in recent years, or they could be thinking of using it as a summer house. The home also includes a home theater that can accommodate up to twenty guests and a massive 300-square-foot reception hall which is capable of accommodating up to 200 guests.
In 2014 the couple purchased weight-loss icon Jenny Craig’s 299-acre horse farm in Rancho Santa Fe for $18 million. Real estate agents involved in the sale, as well as spokespeople for the famous pair, did not respond to requests for comment or declined to name the buyers. However, property records show the sale was made to a limited liability company based in the Gates’ hometown of Seattle and they have a history of purchasing property in the area. The expansive property previously been owned by Madeleine Pickens, the ex-wife of Texas billionaire T. Designed by world renowned architect Ken Rochetti, the Gates’ new home features six bedrooms and 3.5 baths.
The beach house previously belonged to Madeleine Pickens, the ex-wife of T. The luxurious six-bedroom, four-bathroom, 5,800-square-foot home was sold to the Gates family by Madeleine Pickens, a former wife of the billionaire oil baron T. The home originally landed on the market for $48 million in January 2019.
Gates has mentioned in interviews before that purchasing private jets is his “guilty pleasure”. It’s been reported that he owns two Bombardier BD-700s — the N887WM and N194WM — both of which would have set him back about $40 million each. It’s also been reported that he owns 2 Bombardier Challenger 350 Jets — the N754QS and N769QS — both of which would have set him back around $25.9 million each. Bill Gates daughter is an equestrian, so it’s only fitting that in 2013 he bought a 4.8-acre property in Wellington, FL for $8.7 million. The 7,234-square-foot home has 4 bedrooms and 6 bathrooms, as well as a separate 20-stall barn.
Microsoft founder Bill Gates is reportedly paying $43 million to purchase a 5,800-square-foot beachfront home in Del Mar. Before its demolition, the home was 5,800 square feet, with six bedrooms, and three and a half bathrooms. The $43million mansion in San Diego is just one property in a massive $80billion portfolio that the Microsoft founder owns with his wife. Before announcing their shocking divorce, Bill and Melinda Gates reportedly shelled out a whopping $43 million for an oceanfront estate in San Diego — the latest hot spot in California. The Del Mar property was last on the market for $48 million before it was purchased by the Gates in late March. It was previously owned by Madeleine Pickens, the ex-wife of Texas billionaire and hedge fund manager T.
The article also notes the home's luxe mahogany wood, limestone flooring, sandstone patios, and Getty stone accents. The patio features a 10-person spa, gas fire-pit, and glass-tiled pool. Not to mention the property's stunning 120 feet of direct oceanfront views. The pair purchased the six-bedroom, four-bathroom home from Madeleine Pickens, the former wife of Texas oil tycoon and billionaire T.
The sleek pool at Bill and Melinda Gates' new $43 million residence. Many trees block much of the house from view from Lake Washington. In 2009, property taxes were reported to be US$1.063 million on a total assessed value of US$147.5 million.
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