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Medina Today
By the People, for the People
Bill Gates Lists $4.8 Million Washington Home Next to His Famous Xanadu Estate
The Microsoft cofounder is trimming his property portfolio.
Feb. 5, 2026 at 8:39pm
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Microsoft cofounder Bill Gates has listed a 2,800-square-foot four-bedroom house next door to his massive $130 million Seattle-area compound known as Xanadu 2.0. Gates bought the property through an LLC in 1995, a year after marrying Melinda French Gates, whom he later divorced in 2021. The home, which last underwent a major remodel in 2001, is now on the market for just under $4.8 million.
Why it matters
The sale of this property comes amid a period of controversy for Gates, who was recently mentioned in files related to convicted sex offender Jeffrey Epstein. It also highlights Gates' efforts to trim his extensive real estate portfolio, which includes multiple homes in California and Washington.
The details
The two-story bungalow, sheathed in a mossy hue, dates back to 1953. The main level contains the kitchen, living room, dining area, and a primary suite with a private terrace overlooking Lake Washington. The lower floor offers three additional bedrooms and direct entry to the rear garden. The property also features a sprawling deck, garage, and deeded waterfront access.
- Gates bought the property through an LLC in 1995.
- The home last underwent a major remodel in 2001.
- Gates listed the home for sale on February 5, 2026.
The players
Bill Gates
The Microsoft cofounder and former world's richest person, who is now worth an estimated $105 billion.
Melinda French Gates
Gates' ex-wife, whom he divorced in 2021.
Xanadu 2.0
Gates' massive $130 million Seattle-area compound that he began building in 1988 and which now encompasses some 66,000 square feet.
Kim Florence
A real estate agent with John L. Scott Real Estate who is listing the property.
Tim Conway
A real estate agent with John L. Scott Real Estate who is listing the property.
What’s next
It is unclear if Gates plans to sell any of his other properties in the near future.
The takeaway
The sale of this property highlights Gates' efforts to trim his extensive real estate portfolio, which includes multiple homes in California and Washington, as he navigates a period of controversy surrounding his personal life.