The billionaire philanthropists Bill and Melinda Gates have purchased an extraordinary beach house outside San Diego – splashing out on $43 million for an oceanfront mansion in the coastal town of Del Mar, California.
The sale of the beachfront property marks the second-priciest home sale in San Diego County history. Ironically, the biggest was for the same house for $48.2 million in 2007.
Designed by world renowned architect Ken Rochetti, the Gates’ new home features six bedrooms and 3.5 baths.
The home has 5,800 square feet, and it comes furnished with a four-car garage, and a spectacular outdoor area including a vast oceanfront deck, a glass tile swimming pool, and spacious Jacuzzi overlooking a fire pit. The home also comes with a two-bedroom guest house.
The house’s high ceilings, neutral colour palette and open plan make every room feel light, bright and airy.
This property has long been considered one of the most prominent coastal contemporary beach homes on the West Coast and a treasured landmark in Del Mar.
Bill Gates, co-founder of Microsoft, is the world’s second-richest person with a net worth of $103.4 billion, said Forbes.
He is now most visible with his charitable Bill & Melinda Gates Foundation. Recently, the foundation has committed more than $250 million to fight COVID-19.
Their primary residence is the $123 million mansion in Washington that Bill spent seven years building and renovating.
The expansive property previously been owned by Madeleine Pickens, the ex-wife of Texas billionaire T. Boone Pickens.
Madeleine Pickens bought it for $35 million but the total grew to $48.2 million when three adjacent parcels were added to the deal.
The Guiltinan Group, theguiltinangroup.com