Warren Buffett’s Homes: Where the Billionaire Lives in 2025 and His Most Expensive Property
Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, is famously known for his frugal lifestyle despite his staggering net worth, which is estimated to be around $133.8 billion in 2025. While most billionaires indulge in luxury mansions, yachts, and sprawling estates, Buffett prefers to keep things simple — a lifestyle choice that has remained unchanged for decades.
Unlike many of his billionaire peers, Buffett’s real estate portfolio is surprisingly modest. His primary residence is the same corner house he bought in 1958 for just $31,500 (equivalent to around $325,000 today when adjusted for inflation). Even though his financial empire has grown exponentially since then, Buffett still resides in his cozy home in Omaha, Nebraska.
Where Does Warren Buffett Live in 2025?
In 2025, Warren Buffett still lives in the same modest home he purchased over six decades ago at 5505 Farnam Street in the Dundee neighborhood of Omaha. The home, a five-bedroom, 6,570-square-foot stucco house, was built in 1921 and has been Buffett’s primary residence since he purchased it for $31,500.
Buffett has often expressed his love for this home, which sits in a quiet, tree-lined neighborhood. Despite numerous opportunities to upgrade to a luxurious mansion, Buffett remains content in his humble abode.
“I couldn’t imagine having a better house,” Buffett said during a 2017 interview. “I’m happy here. It’s a perfect place for me and it’s full of memories.”
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What Is Warren Buffett’s Most Expensive House?
Although Buffett is known for keeping his real estate portfolio small, he did once own a more luxurious property.
In 1971, Buffett purchased a vacation home in Laguna Beach, California, for $150,000. The 3,500-square-foot beach house, located in an upscale neighborhood, was used primarily as a retreat for Buffett and his family.
Buffett sold the Laguna Beach home in 2018 for $7.5 million, significantly more than its original purchase price. While this was Buffett’s most expensive property, he rarely spent time there, preferring to return to his Omaha residence.
Photo: @topclosings
Why Does Warren Buffett Prefer a Modest Lifestyle?
Buffett’s reluctance to indulge in extravagant homes is deeply rooted in his philosophy that possessions do not bring lasting happiness. As someone who thrives on simplicity, Buffett has never seen the need to accumulate material wealth for the sake of luxury.
“Would 10 homes make me happier? Possessions possess you at some point,” Buffett famously said. “I don’t like a $100 meal as well as I like a hamburger from McDonald’s. That’s the way I’m put together.”
Buffett’s modest lifestyle extends beyond his home. He still drives a Cadillac, enjoys McDonald’s breakfasts, and prefers to spend his money on investments that grow his wealth and benefit society.
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Photo: @topclosings
Other Properties Linked to Warren Buffett
Though Buffett prefers simplicity, there have been a few other properties associated with him:
- Laguna Beach Vacation Home – Sold in 2018 for $7.5 million.
- Berkshire Hathaway’s Headquarters – While not a personal residence, Buffett spends a significant amount of time at the Berkshire Hathaway headquarters in Omaha, where he continues to lead the company.
Buffett’s Legacy of Simplicity
Even as he approaches his mid-90s, Buffett remains true to his values of living below his means and focusing on what truly matters. His decision to stay in his Omaha home for over six decades is a testament to his philosophy that happiness isn’t found in material wealth but in living a fulfilling and purpose-driven life.
As Buffett famously said:
“The happiest people do not necessarily have the best of everything; they make the best of everything.”
Despite his immense fortune, Warren Buffett’s choice to live in a simple house serves as a powerful reminder that wealth doesn’t have to change who you are.
