The Western White House is up for sale

The Western White House is up for sale

The Western White House is up for sale
President Richard Nixon’s former compound, referred to during his administration as The Western White House, is back on the market for $65 million. The Spanish Colonial Revival-style estate features nine bedrooms and 14 bathrooms across 15,000 sqaure feet.

The San Clemente, Calif. property was purchased by Nixon in 1969 and during his presidency he hosted there Soviet leader Leonid Brezhnev, Lyndon Johnson and Frank Sinatra. He and former First Lady Pat Nixon sold the property six years after his resignation in 1980 and relocated to the East Coast.

The property was last listed in 2019 for $57.5 million but was pulled off the market.

Meanwhile, conforming no-point 30-year fixed mortgage rates are averaging 3.0 percent and 15-year rates are near 2.375 percent.

Do you have a question for Real Estate & Mortgage Analyst Mehran Aram? Submit your queries about a home purchase, refinance, or reverse mortgage via Aramco.biz, social media (#AramcoReport), or over the phone at (866) 381-8888 and your questions may be featured in an upcoming article.