Wednesday, April 1, 2015

Nixon's Western White House For Sale

La Casa Pacifica
(Image: wsj.com)
In case you need real estate's version of a safe deposit box for your cash, consider putting in a bid for Richard Nixon's former residence in San Clemente, California. Known as the "Western White House," the home and surrounding acreage sit on some of the Golden State's most desirable beachfront property. (Ironically, there is more than one "Western White House," including George W. Bush's ranch in Texas.)

According to a story in today's Orange County Register, the asking price for Tricky Dick's Pacific hideaway is $75 million. Even by New York, San Francisco, Tokyo, London, or Monte Carlo standards, that's a lot of money. The article did not state whether there would be an open house for prospective buyers, complete with annoying real estate brokers asking if their visitors have "representation."

Not even former president Bill Clinton can afford Nixon's "La Casa Pacifica." That's too bad, as the San Clemente compound would seem like a comfortable refuge for Chief Executives who've experienced a brush with impeachment.

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