Warren Buffett may be worth gobs and gobs of money, but even he has trouble selling a house as he just lowered the price of his sweet Laguna Beach home by a whopping $3.1 million. Yep, it’s rough out there for a gazillionaire.
That being said, this is the biggest price drop we’ve seen on a celebrity home so far. A $3.1 million discount on an asking price of $11 million is nothing to sneeze at, folks. Buffett must really want to sell this house.
Though I am not sure why, it’s definitely a kickass place to live. Then again, according to the Los Angeles Times, Buffet has owned the house since 1971 when he bought it for… $150,000!
The 3,588-square-foot home, built in 1936, sits on a corner-lot in the Emerald Bay area of Laguna Beach. It has six bedrooms, seven bathrooms (not nearly enough for Bezos), a large family room with an oversized ocean viewing deck, a skylight-topped kitchen, sliding glass doors which open on three levels to ocean-facing decks and terraces, two of the bedrooms have their own separate entrances, while five of them have their own private bathrooms.
Sounds like a steal to me. And for around just $42,785 a month in mortgage payments, calulated on the house’s listing, it can be all yours.
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