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In 2008, Mitt Romney bought a La Jolla beach house for $12 million, demolished it and built an 8,150-sq-ft mansion; it sold for $23.5 million | - The Times of India
Mitt Romney and his wife, Ann, bought a beachfront property in La Jolla, California, for $12 million in 2008, but the home they purchased was not the one that eventually sold. The original three-bedroom house was demolished and replaced with a much larger residence designed around the couple’s family needs and the narrow oceanfront site.
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