The Bill Gates house most people mean is Xanadu 2.0, a 66,000-square-foot high-tech estate on Lake Washington in Medina, Washington, currently assessed at roughly $130 to $132 million. Beyond the main compound, Gates has spent tens of millions of dollars on equestrian properties in Florida and California, largely built around his daughter Jennifer’s competitive show-jumping career.
Quick Facts
| Detail | Information |
| Full Name | William Henry Gates III |
| Date of Birth | October 28, 1955 — Seattle, Washington |
| Profession | Microsoft Co-Founder, Philanthropist, Author |
| Net Worth (est. 2026) | Approximately $105–108 billion, according to Forbes |
| Primary Residence | Xanadu 2.0, Medina, Washington |
| Total Confirmed Properties | 1 primary estate, 1 partially-sold equestrian compound, 1 active equestrian training facility |
| Former Spouse | Melinda French Gates — married 1994, divorced 2021 |
1. The Bill Gates House Everyone Means — Xanadu 2.0 in Medina, Washington
Location: Medina, Washington — Lake Washington shoreline
Purchase Price: Land bought for $2 million in 1988; roughly $63 million spent on construction over seven years
Size: Approximately 66,000 square feet, 7 bedrooms, 24 bathrooms, 6 kitchens
Status: Active — Gates’s primary residence since the mid-1990s
Seven Years in the Making
Gates began assembling the site in 1988 with a $2 million purchase of wooded lakefront land, then spent an estimated $63 million building the compound over the next seven years, according to Fortune. The estate is built into a hillside above Lake Washington in an earth-sheltered style meant to blend with the landscape, and includes several garages, a trampoline room, an indoor pool, and a theater with its own popcorn machine. The property was most recently appraised at $132 million, per the same reporting.
Trimming the Privacy Buffer
Over the past three decades, Gates has quietly bought up much of the surrounding hillside to create a privacy buffer around the main house. That pattern partly reversed in February 2026, when Gates listed one of those adjacent properties — a 2,800-square-foot home he’d owned since 1995 — for $4.8 million, following an earlier 2024 sale of a similar nearby property. Fortune reported the newer listing looks more like routine pruning of the surrounding lots than any real exit from Medina.
- Approximately 66,000 square feet across the main residence, guesthouse, and pool pavilion
- 7 bedrooms, 24 bathrooms, and 6 separate kitchens
- A domed private library and a 60-foot indoor swimming pool with an underwater sound system
- Earth-sheltered, Pacific lodge-style architecture built into the hillside for insulation and privacy
2. Wellington, Florida — The Equestrian Estate Built for His Daughter
Location: Mallet Hill Court, Wellington, Florida
Purchase Price: Roughly $38 million invested across multiple purchases (2013–2019); one 5.5-acre parcel sold for $26 million in 2022
Size: Approximately 18 acres assembled across several adjoining lots, including a 20-stall barn and training grounds
Status: Partially sold — at least one parcel sold in 2022; the extent of any remaining Gates family holdings on the street is not fully confirmed in current public records
Buying an Entire Street
Gates’s Wellington real estate story starts with his daughter Jennifer, a competitive show jumper. He bought an initial 5-acre horse farm on Mallet Hill Court for $8.7 million in 2013, then spent the next several years acquiring neighboring lots — reportedly around $38 million in total — until a Gates family trust controlled roughly 18 acres on the street, according to The Real Deal. The compound, known as Evergate Stables, included a 20-stall barn, training rings, and paddocks used for Jennifer’s show-jumping career on the Winter Equestrian Festival circuit.
A Partial Sale in 2022
In March 2022, a trust linked to Gates sold a 5.5-acre parcel at 13945 Quarter Horse Trail — part of the Evergate Stables footprint — for $26 million to a Delaware-registered buyer listing an Aspen, Colorado address, per The Real Deal. The sale came as Jennifer’s equestrian career shifted following her 2021 marriage and the family’s earlier 2018 purchase of a separate 124-acre training estate in North Salem, New York.
- Roughly 18 acres assembled across multiple Mallet Hill Court purchases between 2013 and 2019
- Included a 20-stall barn, a schooling ring, and paddocks built for competitive show jumping
- One 5.5-acre parcel with 11,488 square feet of buildings sold for $26 million in March 2022
- Part of a broader equestrian real estate pattern that also includes a 124-acre estate in North Salem, New York
3. Rancho Paseana — His Equestrian Training Facility in California
Location: Rancho Santa Fe, San Diego County, California
Purchase Price: $18 million — October 2014
Size: Approximately 228 acres, with a three-quarter-mile training track and four 30-stall barns
Status: Active — operated as a thoroughbred and show-jumping training facility
Buying a Former Training Ground
In October 2014, Gates paid $18 million for Rancho Paseana, a 228-acre horse farm in Rancho Santa Fe previously owned by diet entrepreneur Jenny Craig, according to Fox Business. The property was already built out as a serious training facility, and Gates has kept it largely in that role rather than converting it into a private residence.
A Working Facility, Not a Trophy Home
Unlike Xanadu 2.0, Rancho Paseana was purchased for its function: a three-quarter-mile dirt training track, four barns with 30 stalls each, a dedicated horse rehabilitation facility, staff offices, and two apartments. It has been used to support grand-prix-level jumping and hunter training rather than as a family residence.
- Approximately 228 acres in Rancho Santa Fe, San Diego County
- A three-quarter-mile dirt training track and four barns totaling 120 stalls
- A dedicated horse rehabilitation facility, plus staff offices and two apartments
- Purchased from Jenny Craig, who previously operated it as a thoroughbred training center
Bill Gates Properties — Complete Overview
| Property | Location | Price | Status |
| Xanadu 2.0 | Medina, Washington | ~$63M to build (land bought 1988) | Active — Primary Residence |
| Wellington Equestrian Estate | Wellington, Florida | ~$38M invested (2013–2019); one parcel sold $26M (2022) | Partially Sold |
| Rancho Paseana | Rancho Santa Fe, California | $18M (October 2014) | Active — Equestrian Training Facility |
What Bill Gates’s Real Estate Choices Reveal
One Trophy Home, Not Several
Unlike many billionaires and celebrities who collect multiple statement residences, Gates has stayed anchored to a single primary home for roughly three decades. His other major real estate spending has gone toward function-built equestrian facilities rather than additional personal residences.
Real Estate as Family Infrastructure
Most of Gates’s spending outside Xanadu 2.0 traces back to supporting his daughter Jennifer’s equestrian career — buying up an entire Florida street and a 228-acre California training ground — rather than the trophy-property pattern common among other high-net-worth buyers.
Conclusion
Bill Gates’s real estate footprint centers on one landmark: Xanadu 2.0, the Medina, Washington compound he began building in 1988 and still calls home. Around it sits a smaller footprint of equestrian real estate in Florida and California, built primarily to support his daughter’s competitive riding career and partially sold off as her career has evolved. Confirmed figures come from Fortune, The Real Deal, Fox Business, and Forbes. GlamHomeGuide will update this page as new details are confirmed.
Frequently Asked Questions
Where does Bill Gates live now?
Gates’s primary residence is Xanadu 2.0, a roughly 66,000-square-foot estate on Lake Washington in Medina, Washington, which he began building in 1988 and has lived in since the mid-1990s.
How much is Bill Gates’s house worth?
Xanadu 2.0 was most recently appraised at $132 million, according to property records reviewed by Fortune in 2026 — up from the roughly $63 million Gates spent building it in the 1990s.
Did Bill Gates sell any of his properties recently?
Yes. In February 2026, Gates listed a 2,800-square-foot property adjacent to Xanadu 2.0 — one he’d owned since 1995 — for $4.8 million, following a similar nearby sale in 2024. A separate 5.5-acre parcel of his Wellington, Florida equestrian estate sold for $26 million back in 2022.
Why does Bill Gates own horse farms in Florida and California?
Both properties were built primarily to support his daughter Jennifer Gates’s competitive show-jumping career — a Wellington, Florida compound assembled between 2013 and 2019, and a 228-acre training facility in Rancho Santa Fe, California, purchased in 2014.
What is Bill Gates’s net worth in 2026?
According to Forbes, Gates has an estimated net worth of approximately $105 to $108 billion, built primarily through his Microsoft co-founding stake and subsequent investments.
Also Read — More Celebrity Homes
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- Dwayne Johnson House: Where He Lives in 2026
- Selena Gomez House: Where She Lives in 2026
This article was researched and written by the GlamHomeGuide editorial team using publicly available information from verified sources, including Fortune, The Real Deal, Fox Business, and Forbes. All property values are approximate and based on publicly reported figures, which vary by source. GlamHomeGuide is not affiliated with Bill Gates or any of his representatives.