Mitt Romney sells 11K-sf La Jolla mansion

Utah senator’s property was assessed at $15M

Los Angeles /
Jul.July 06, 2021 11:00 AM
Mitt Romney and the La Jolla beachfront property (Google Maps, Getty)
Mitt Romney and the La Jolla beachfront property (Google Maps, Getty)

Sen. Mitt Romney has seized on a hot Southern California housing market.

The Utah senator and former Republican presidential nominee sold his 11,000-square-foot La Jolla mansion, the Salt Lake Tribune reported. Romney announced the sale during a virtual discussion with the Salt Lake Chamber, Utah’s largest business association.

No price was announced for the beachfront home at 311 Dunemere Drive, but the property was assessed at $15.3 million, according to the report. Romney and his wife Ann paid $12 million in 2008 for the property, which at the time included a 3,000-square-foot home. The couple demolished it and built the existing mansion.

The Romneys faced backlash over the new home, with some locals claiming it was out of place with smaller houses next door.

The Romneys explored selling the San Diego County home in 2015. The Republican senator and his wife still own four other properties: a 5,900-square-foot home in Holladay, Utah; a ski chalet in Park City, Utah; a vacation home in Lake Winnipesaukee, New Hampshire, and a home in the Washington, D.C., area.

This month, California Sen. Dianne Feinstein relisted her 5-acre estate in Lake Tahoe for $41 million.

[SLT] — Isabella Farr


Related Articles

arrow_forward_ios
The Clark Hotel, Vacant
Chetrit’s Clark Hotel faces rare public criticism
Chetrit’s Clark Hotel faces rare public criticism
Kayne Anderson Capital's JC Frey and 500 North Poinsettia Avenue (Kayne Anderson Capital Advisors, Zillow)
Manhattan Beach home away from water lists for $22M
Manhattan Beach home away from water lists for $22M
Mark Burnett & Roma Downey with 23422 Malibu Colony Road in Malibu (Zillow, Getty)
Mark Burnett, Roma Downey seek to sell Malibu home
Mark Burnett, Roma Downey seek to sell Malibu home
Ben Affleck and 1172 Napoli Drive in Pacific Palisades (Getty Images, Redfin)
Ben Affleck lists Pacific Palisades mansion for $30M
Ben Affleck lists Pacific Palisades mansion for $30M
Canyon Capital Advisors' Mitchell Julis with 1109 Calle Vista Drive (Canyon Capital Advisors, Victoria Risko)
Hedge fund chief’s Beverly Hills house takes 21% price cut
Hedge fund chief’s Beverly Hills house takes 21% price cut
Yvonne Niami and 301 Copa De Oro (Getty, Redfin)
Niami’s ex sells $27M Bel Air mansion
Niami’s ex sells $27M Bel Air mansion
Michael Weinstock with 23754 Malibu Road
Beach house in Malibu’s Colony lists at $34.5M
Beach house in Malibu’s Colony lists at $34.5M
Howard Leight Jr. and Malibu Rocky Oaks (Zillow, Instagram, Getty)
Malibu winery featured on “Kardashians” asks $50M
Malibu winery featured on “Kardashians” asks $50M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...