Bill Gates, renowned for his philanthropy and technological innovation, recently made headlines in the real estate market with the swift sale of his Mid-Century Modern home in the upscale suburb of Medina, Seattle. Listed for $4.988 million on March 29, the property went under contract in less than two weeks, highlighting the demand for premium residences in the area.
Constructed in 1954, the unassuming yet elegant abode boasts four bedrooms, three bathrooms, and 2,430 square feet of living space. Despite its relatively modest size, the home exudes charm and sophistication, offering a serene retreat for its occupants. Its warm wooden ceilings, dual-sided statement fireplace, and expansive floor-to-ceiling windows not only provide abundant natural light but also showcase breathtaking views of Lake Washington, the Seattle skyline, and the majestic Olympic Mountains.
Debbie Walter of Re/Max Northwest, the listing agent, describes the property as “stunning,” emphasizing its timeless appeal and desirable features. From the skylit kitchen with a cozy breakfast nook to the inviting family room and the tranquil Zen garden, every aspect of the home is thoughtfully designed to create a comfortable yet luxurious living environment. Moreover, private beach access adds a touch of exclusivity, offering residents a unique waterfront experience.
Public records indicate that the property was last sold in 2003 for $1.31 million and is currently owned by a limited liability company associated with Bill Gates, the co-founder of Microsoft and a prominent figure in the tech industry. With an estimated net worth of $131.2 billion, Gates ranks among the wealthiest individuals globally, according to Forbes.
While the Mid-Century Modern home may pale in comparison to Gates’s iconic Xanadu 2.0 estate, it nonetheless represents a noteworthy addition to his extensive real estate portfolio. Alongside his lavish waterfront mansion, which spans a reported 66,000 square feet and features extravagant amenities such as a trampoline room and a beach imported with Hawaiian sand, Gates also owns beachfront mansions, equestrian estates, and vast agricultural properties.
The swift sale of Gates’s Medina residence underscores his influence in the luxury real estate market and reflects the strong demand for premium properties in desirable locations. As Gates continues to diversify his investments and philanthropic endeavors, his real estate holdings remain a testament to his success and vision.