Bill Gates Trimming Real Estate Holdings, Lists Secondary Home For $4.8M

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

Microsoft Corp. co-founder Bill Gates has listed a four-bedroom, 2½-bathroom location successful Medina, Washington, for $4.8 million, a twelvemonth aft helium said that helium would ne'er "downsize" his extended holdings successful the Pacific Northwest, according to Realtor.com.

The 2,780-square-foot location is adjacent to Gates' superior residence, Xanadu 2.0. While the listed location is humble compared to the $130 cardinal property adjacent door, it's a important portion of the protective buffer Gates has spent decades building.

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Gates purchased the location successful 1995 for $1 million, a twelvemonth aft his matrimony to Melinda French Gates, Realtor.com reported. For astir 30 years, the residence was portion of a strategical acquisitions strategy. Between 1990 and 1997, helium snapped up galore bordering parcels to guarantee the privateness of his 66,000-square-foot compound.

It's not the archetypal clip Gates has tested the Medina market. In 2024, helium sold different neighboring spot for $4.85 cardinal aft it spent lone a fewer days connected the market.

Despite the latest listing, Gates continues to clasp respective different parcels and astatine slightest 2 further homes astir Xanadu 2.0 done assorted constricted liability companies.

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Key features of the location see views of Lake Washington, the Seattle skyline and the Olympic Mountains and a superior suite with French doors starring to a backstage deck, a room with granite countertops and updated stainless alloy appliances.

"Perhaps the astir compelling diagnostic of this spot is its dual personality: a pristinely maintained ode to a bygone era, yet afloat of imaginable for the adjacent chapter," according to the listing, which is held by Kim Florence of John L. Scott Real Estate – Mercer Island. "Will you support its beauteous charm oregon capitalize connected the bonzer possibilities?"

Even if the merchantability closes astatine afloat asking price, it's a driblet successful the bucket for Gates, who has a nett worthy of $106 billion.