The vacation house
Buffett owned this vacation home in Laguna Beach, Calif., until 2005, when it sold for $5.45 million. It's been on and off the market for years, but it finally sold in the spring of 2012 for $4.3 million.
The house sits on the ocean side of the Pacific Coast Highway on a private cul-de-sac. It has four bedrooms, four baths, and 3,100 square feet. While pricey, it’s still quite modestly sized for a billionaire’s getaway. Click on to get a better sense of the size.
List Price: $4.99 Million
The Property: The house in Laguna Beach’s fancy Emerald Bay community once belonged to Warren Buffett, who is known as the second richest man in the United States and third in the world. He bought this coast side home in 1996 for $1,100,000 and used this home for his vacations. He sold this property in 2005 for $5,450,000. Now the current owner wants to sell this house on a loss as it is listed on a low cost of $4.99 Million. Prior to this listing, the house was up for sale at 2007 $9 million. Two years later, there was a significant low on this property as it was again listed for $6,495,000. According to the property experts, the Laguna Beach homes are witnessing a decline of 16.7% in the rates, year after year on an average.
Physical Address: 35 Emerald Bay Laguna Beach, CA 92651
The Setting: This magnificent property is located ocean side of PCH with the panoramic view of endless ocean, hillsides and Catalina Island. The property is completely isolated from the metro life and is a perfect place to rejuvenate as it is located on a private cul-de-sac.
Interior and Exterior:
The house is built on a 3,103 Sq Ft and has four grand bedrooms and four bathrooms. The house has glass walls so that the breathtaking view of the ocean is never missed from any angle of the house. The private neighborhood of Emerald Bay offers a superfluity of amenities like six companion tennis courts, luxurious spas, three beach volleyball courts etc.
Huge picture windows provide unobstructed views of the water