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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

(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."

Belvedere, California, is the 17th-richest town in the US and the richest with a population of over 1,000.
Belvedere, California, is the 17th-richest town in the US and the richest with a population of over 1,000.   (Wikipedia)
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COMMENTS
Showing 3 of 65 comments
alexlli
Jul 3, 2012 10:38 PM CDT
well,such thing always happen to rich people,as they have money ,they spend it on what they like.By the way,I recommend you a very interesting place ____wealthydater.com____ It 's a place where you have the opportunity dreaming about dating a millionaire and make it true, besides it is completely free to join in for users. you can check it at first.I hope you would love it
John
Jul 2, 2012 11:09 AM CDT
Why should they pay more in taxes?
notoshaz
Jul 1, 2012 11:55 PM CDT
Destroying the structure to create, well, nothing. Oh, wait, there will be a beautiful backyard. So maybe a view is worth $4.2 million? NOOOO! "Over time, the great view just becomes commonplace." I'd rather support movoto's suggestion. Whoever would go seeing the Golden Gates every day?Only a Sucker Would Pay a Million Dollars for a View!
 

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