Couple Buys, Destroys $4.2M Home to Improve View

House was blocking San Francisco skyline
By Rob Quinn,  Newser Staff
Posted Jun 27, 2012 12:21 AM CDT
Updated Jun 30, 2012 7:00 PM CDT
Belvedere, California, is the 17th-richest town in the US and the richest with a population of over 1,000.   (Wikipedia)

(Newser) – A California couple bought and demolished a home that was standing between their $19 million home and spectacular views of the San Francisco skyline and the Golden Gate Bridge. Money manager Clark Winslow and his wife, who bought their Marin County home in 2008, purchased the neighboring home at auction for $4.2 million after its owners, who paid $7 million for it in 2004, fell behind on their mortgage and abandoned the home, CBS reports.

The Winslows are replacing the five-bedroom home with bushes and trees, giving their 11,200-square-foot home the big yard it had been lacking. Residents of Belvedere—which has the highest per-capita income of any town in the US with a population of more than a thousand—support the demolition. "The house was pretty beat up anyway," a neighbor tells the Marin County Independent Journal. "The people hadn't lived there in the last two years."

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