Image Credit Google Maps
I was reading at Inman News that Richard Nixon’s Western White House located at 4100 Calle Isabella, San Clemente, CA 92672 is on the market again. Since 2015 this historical estate was listed for $75 million dollars it has been on and off the market with consistent price reductions. However, as of January 1st the estate was taken off the market, once again.
In 2016 the price was reduced by 8% to $69 million. Then in 2017 it was reduced an additional 8% to $63 million. Today the house is listed for $57.5 million which was an additional 9.4% reduction. Do I think this property can fetch that amount? I feel the price is right for a buyer that wants to own such a historic home.
The home of former President, Richard Nixon is the most historic home for sale on the west coast. This estate sits on 5.45 acres with 450 feet of beachfront. This is a secure, walled-in property with expansive gardens and landscaping. The Spanish Colonial Revival architecture of the restored and modernized main residence, circa 1927, has been featured in Architectural Digest on three occasions.
Because the house is now nearly 100 years old, it comes with a historic property preservation agreement that would require any future owner to keep the original structure intact. That agreement has nothing to do with its connection to Nixon but rather the age of the building.
I am not the listing agent. I am only writing about this property as a newsworthy blog post. The Listing Agent was – Rob Giem at Compass.