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See Bill and Melinda Gates new $43 million San Diego home

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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 color 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.

Living room

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.

Garden

Their primary residence is the $123 million mansion in Washington that Bill spent seven years building and renovating.

Open-plan space

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.

Exterior view

The property is available via The Guiltinan Group, theguiltinangroup.com

Where is Bill Gates' house in Del Mar?

Bill Gates' Del Mar house is at 2808 Ocean Front. Th house was built by architect and designer Ken Ronchetti back in 1999, and has a generouse 120 feet of ocean frontage.

Where does Melinda Gates live?

Melinda Gates lives in the family's main home – Xanadu 2.0 – an earth-sheltered mansion with views over Lake Washington in Medina, Washington. It isn't clear where Melinda Gates will live after her divorce from Bill Gates – nor how the couple will divide their vast property portfolio.

Is Bill Gates the richest man alive?

Bill Gates is no longer the world's second-richest person. That title belongs to Tesla and Space X entrepreneur Elon Musk, who unseated Bill as the world's second wealthiest in November 2020. 

Bill Gates has an estimated net worth of $129 billion. He's one of three people in the world with a net worth exceeding $100 billion.

Jennifer is the Digital Editor at Homes & Gardens. Having worked in the interiors industry for a number of years, spanning many publications, she now hones her digital prowess on the 'best interiors website' in the world. Multi-skilled, Jennifer has worked in PR and marketing, and the occasional dabble in the social media, commercial and e-commerce space. Over the years, she has written about every area of the home, from compiling design houses from some of the best interior designers in the world to sourcing celebrity homes, reviewing appliances and even the odd news story or two.

Bill and Melinda Gates Bought a $43 Million San Diego, California Beach House in 2020

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Bill and Melinda Gates bought an oceanfront property near San Diego last year. 

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.

The Del Mar property was last on the market for $48 million before it was purchased by the Gates in late March 2020. It was previously owned by Madeleine Pickens, the ex-wife of Texas billionaire and hedge fund manager T. Boone Pickens. 

The Gates' real estate portfolio is estimated to be worth over $200 million. Now with the news that Gates and his wife of 27 years, Melinda, are ending their marriage, the properties could be divided up.

The couple owns other luxury properties, including a southern California ranch purchased for $18 million in 2014, and a mansion in Medina, Washington, estimated to be worth $127 million. They have a separation contract that likely dictates how property will be split.

Take a look inside the San Diego property.

The house was built by architect Ken Ronchetti in 1999.

Bill Gates beach house. The Guiltinan Group

Source: Realtor.com

It is considered a landmark in Del Mar.

Bill Gates beach house. The Guiltinan Group

Source: The Guiltinan Group

Wood ceilings throughout give the beach house an island feel.

Bill Gates beach house. The Guiltinan Group

The main living space has large windows that open up onto the porch.

Bill Gates beach house. The Guiltinan Group

Outside, the property has 120 feet of oceanfront.

Bill Gates beach house. The Guiltinan Group

The owners can swim in the ocean, or enjoy the view from the porch.

Bill Gates beach house. The Guiltinan Group

Outdoor furniture and a fire pit make the most of the space.

Bill Gates beach house. The Guiltinan Group

As if that wasn't enough, there's also a large pool...

Bill Gates beach house. The Guiltinan Group

.

..and a ten-person jacuzzi.

Bill Gates beach house. The Guiltinan Group

The jacuzzi and fire pit have everything for a perfect beachy respite.

Bill Gates beach house. The Guiltinan Group

Back inside, the house has six bedrooms...

Bill Gates beach house. The Guiltinan Group

.

..some with stunning ocean views.

Bill Gates beach house. The Guiltinan Group

The house is 5,800 square feet, including 3.5 bathrooms.

Bill Gates beach house. The Guiltinan Group

Limestone floors continue throughout the house.

Bill Gates beach house. The Guiltinan Group

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Left no stone unturned: Bill Gates wiped out his luxurious $43 million estate

After a divorce from his wife, the billionaire wanted to rebuild everything here

Bill Gates

Microsoft co-founder has reduced a luxurious $43 million estate to rubble, according to the New York Post, citing the billionaire's neighbors.

In the house built on its territory, Bill Gates lived for several years, namely since March 2020, with Melinda French - now his ex-wife. The couple was satisfied with everything, including the location: the estate is located on the ocean in San Diego (California).

The 500+ square meter house had six bedrooms and three bathrooms at once, but now there is nothing left of it. The demolition was initiated by Gates himself. Upon completion of the total reconstruction, its area will be even larger.

"The house they bought was in immaculate condition, so it's not entirely clear why he wanted to tear it down," a knowledgeable realtor told the New York Post.

According to insiders, Gates plans to use the house, located in such a prestigious area, as his summer bachelor residence.

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All that's left of Bill Gates' seemingly perfect home

Neighbors say the billionaire has come twice with his bodyguards to check on progress in the past few months. By the way, people living in close proximity to the construction site are extremely dissatisfied with the active round-the-clock construction right next to them. True, they are promised one thing: by August of this year, everything will be over, and they will be able to live in peace again, enjoying the silence.

“They make a lot of noise, my child can't sleep. This has become a real problem for the entire district,” one of the neighbors explained.

According to the publication, a spokesman for Gates said that the billionaire "does not own this property and has never even been there."

Obtaining a building permit in this area is a feat in itself. According to local authorities, the collection of the entire package of necessary documents takes a long time, and in practice it is impossible at all in many cases.

The divorce of Bill Gates and Melinda French became known last spring. They were married for 27 years, having given birth and raised three children.

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