Romney may sell rebuilt La Jolla home

[Zorro]

Former Republican presidential candidate Mitt Romney is considering selling his ocean front La Jolla home, despite nearing the completion of a controversial rebuild project that has taken years.

Romney's attorney confirmed to U-T San Diego that the former governor of Massachusetts has hired a real estate broker to show the home at 311 Dunemere in La Jolla. The home, which Mitt and Ann Romney bought for $12 million in 2008, is not publicly listed. A project to tear down what was a 3,009 square-foot ranch house overlooking Marine Street Beach and build a two-story, 11,062 square-foot structure is expected to be completed by the end of this year.

“I can confirm that the home under construction has been shown to potential buyers," said Matthew Peterson, the Romneys’ attorney, based in downtown San Diego. "No decision has been made to sell at this time. However, it is the Romney's expectation that if the home were to be sold, it would likely be best sold after it is completed.”

The rebuild project, heavily opposed by those in the historic La Jolla neighborhood called the Barber tract, included new retaining walls, a relocated driveway and a four-car garage with a lift. The entire project, and the lift, became politicized in the 2012 presidential election. While opponents of Romney used the project to paint Romney as a wealthy person who is out of touch, the Romney campaign said the family needed the extra room, and the lift, for their children and grandchildren.

http://www.utsandiego.com/news/2015/jan/28/Mitt-Romney-la-jolla-politics-president-homes/

Having a car elevator won't go over well in a 2016 election.

[Justice]

1. This only confirms he is out of tocuh

He fights like hell to get what he wants and once he has it - he walks away (likely turning a profit).

He gets his jollies over doing what he wants.

[BeyondGeography]

2. A little how we wreck the planet slice of life

Mindless acquisitiveness.

[2naSalit]

3. Well...

there are earthquakes and a spiderweb network of faults in the area.

One can only hope such a thing could destroy such a place before it sells...

[66 dmhlt]

5. TERRIBLE WISH! Other innocent people would be harmed & lose their homes

[2naSalit]

7. Maybe, maybe not.

Used to live there and been through a number of quakes, they don't always destroy everything. Regardless, a specifically located one could do the trick. Better a natural disaster than an act of vandalism.

[oldandhappy]

4. I suspect it was to be his west coast retreat

while he was president! It never really worked for them -- lot was too small and no one was happy with them and their needs for big big big. Utah is much better for them. Lots more space.

[FSogol]

6. Can someone photoshop a historic marker for the property?

Mention the car elevator, how out of touch Romney is, and the fact that selling the house didn't help him win in 2016.

TIA

[stuffmatters]

8. Another example of Romney-Bain style Pump & Dump

Bought this unique house as property prices were falling, but his lawyers argued they should lower his property taxes. Meanwhile he destroyed owners' views, worth a fortune to his neighbors and ultimately will lower property tax revenue to the City. Then his lawyers
stole the beach from the public (mainly for the car elevator underneath); they also fought for a seawall to protect his property .
In Ca the beach belongs to the public & private seawalls weaken protections of neighboring properties and endanger beaches below.

Once a thief always a thief. Not much difference between stealing workers pensions and health benefits and stealing an historic hunk of CA beach from the public and ocean views from his neighbors. You can bet he'll make a tidy profit off this plunder.