Warren Buffett Lists Laguna Beach Hideaway For $11M

The Oracle of Omaha bought this contemporary Laguna Beach home for just $150,000 in 1971. He’s listing it now for $11 million.

By Amy Dobson
Special Contributor

Warren Buffett, also known as the Oracle of Omaha, was certainly clairvoyant as far back as the 1970s.

Long before he became the largest shareholder of Berkshire Hathaway and one of the wealthiest people in the United States, he bought this six-bed, seven-bath home at 27 Emerald Bay in Laguna Beach, Calif., for $150,000 at his wife’s suggestion. The year was 1971 and the enclave off of Emerald Beach was barely developed. But now the neighborhood has grown to have as many houses that can fit, and they are certainly selling at a much higher price point. Buffett has listed this home for $11 million.

 

This 3,600-square-foot contemporary mansion has perfect views of the stunning beach, sand, and ocean from nearly every room. Here’s one of the living rooms that includes a working fireplace. Do you recognize the cardboard prop in the corner of the room? That’s Mary See of See’s Candies, a company now owned by Berkshire Hathaway.

The home is decked out in a crisp white throughout, which complements the sun-drenched rooms and blue ocean backdrop beautifully. The kitchen stays consistent with the white theme, making it a bright space that can comfortably host a family dinner or be the set-up area for a large party.

Five out of the six bedrooms have their own bathroom and two of the bedrooms have their own private entrance.  One of the bathrooms has wallpaper made from New Yorker covers.

 

There’s also a surrounded patio/courtyard area that lets you take in the outdoors while also giving you some privacy.

Check out the rest of the rooms in the house. Even if we didn’t know this was Warren Buffett’s house there are a few clues hiding in the photos. See how many times you can spot a copy of The Wall Street Journal discreetly tucked in to view and notice a few different Coca-Cola items showing up here and there? That might be because Buffett owns approximately a 10 percent stake in the company.