Warren Buffett’s California Home!

Warren Buffett’s California Home!

Warren Buffett's California Home!
It's not surprising that Warren Buffett picked Laguna Beach for a family vacation spot. And although he sold it in 2005 after 12 years of ownership, he managed to walk away with almost a $5M profit! Would we expect less? Today, however, the current owners first put it on the market at $9M; dropped it to $6.5M, then to $5.5M and have finally chopped it once again to $4.5M! With Laguna Beach prices dropping 16.7% year after year, will this lovely home see yet another before all is said and done?

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This is a charming home in the exclusive private community of Emerald Bay, which comes with a postcard beach, 6 championship tennis courts, 3 beach volley ball courts, a community center with pool, spa and lush tree-lined parks. The home has 4 bedrooms, 4 full baths, vaulted ceilings and different levels with spectacular views of Catalina Island and drop-dead sunsets over the Pacific. The house has been renovated and updated with all of today's loveliest materials. All of the glass walls, balconies and patios were designed to capture the views and the house is on a cul-de-sac with no through traffic.

A perfect year round family home or great getaway to entertain family and friends, this may possibly be the lowest price you will see for a luxury home in such a highly sought after location!

Source: realestate.aol.com