Prominent technologist Bill Gates is divesting a long-held property situated in Medina, Washington. This dwelling, positioned next to his renowned Xanadu 2.0 estate, has been placed on the market with an asking price of $4.8 million. The Microsoft co-founder, who recently appeared in news headlines due to the latest release of the Epstein files by the Department of Justice, has owned this four-bedroom, 2.5-bathroom residence since 1995, having purchased it for $1 million.
The property itself is a charming 2,780-square-foot traditional-style house, featuring an olive green, L-shaped design with brick and wood siding, and boasting private access to Lake Washington. Inside, a sunken living room with a fireplace provides picturesque lake views, while an adjoining dining room, also with a fireplace, opens onto a balcony overlooking the water. The contemporary all-white kitchen is equipped with a butcher block countertop and breakfast bar, and French doors lead to an expansive deck ideal for outdoor entertaining, with steps descending to the waterfront. The main bedroom includes a private balcony, a modest walk-in closet, and an en-suite bathroom with dual vanities. Although a single-story home, the finished basement adds another bedroom, an office, a family room (both with fireplaces), and direct access to the sloped backyard.
Gates continues to reside primarily at Xanadu 2.0, a sprawling estate he began constructing in the late 1980s, now valued at an estimated $130 million. In 2024, he sold another adjacent plot for $4.85 million, yet he maintains ownership of several additional homes and undeveloped land parcels in the vicinity of his primary residence. This strategic sale underscores a dynamic approach to his extensive real estate portfolio, reflecting ongoing adjustments and financial considerations.