Bill Gates Continues to Pare Down His Lakeside Compound Near Seattle

Got story updates? Submit your updates here. ›

Bill Gates, the co-founder of Microsoft, has listed another house on his massive lakeside compound in Medina, Washington, a Seattle suburb. The 2,780-square-foot midcentury house, which Gates purchased in 1995, is now on the market for $4.799 million. This comes after Gates sold another house on the compound in 2024 for $4.85 million. Additionally, a penthouse at the Ocean House resort in Westerly, Rhode Island, where Taylor Swift and Travis Kelce are rumored to be getting married, is available for sale, and Hulk Hogan's oceanfront mansion in Clearwater, Florida, is also on the market for $10.989 million.

Why it matters

Gates' continued paring down of his lakeside compound suggests he may be looking to downsize his residential footprint in the Seattle area. The sale of the penthouse at the Ocean House resort could be of interest to those following the rumored wedding of Taylor Swift and Travis Kelce, while Hulk Hogan's oceanfront mansion sale is a notable real estate transaction following the wrestler's death.

The details

The midcentury house adjacent to Gates' 66,000-square-foot mansion known as Xanadu 2.0 was put on the market in early February for $4.799 million and had a pending sale by mid-February. Gates purchased the house in 1995 for $1 million, about a year after marrying Melinda French Gates. The 2,780-square-foot house sits on 0.4 acres and has four bedrooms, two and a half bathrooms, and sweeping views of Lake Washington, the Olympic Mountains, and the Seattle skyline. In 2024, Gates sold another four-bedroom midcentury house on a slightly larger lot that was part of the compound for $4.85 million. The penthouse at the Ocean House resort in Westerly, Rhode Island, is a nearly 2,700-square-foot unit with a $20 million price tag, featuring three bedrooms, two living rooms, a media room, and a 2,164-square-foot terrace with ocean and bay views. Hulk Hogan's oceanfront mansion in Clearwater, Florida, is a 5,400-square-foot Mediterranean-style home built in 2009 on 0.14 acres, with five bedrooms, five full bathrooms, and two half-baths. Hogan bought the home in 2012 for $3.3 million and used it as his primary residence.

• In early February 2026, the midcentury house adjacent to Gates' Xanadu 2.0 mansion was put on the market.
• By mid-February 2026, the listing for the midcentury house showed a pending sale.

What they’re saying