Location: La Jolla, Calif.
Estimated value: $9.6 million
Out of all of the candidates, former Massachusetts Gov. Mitt Romney owns the most real estate, including a townhouse in Boston and this beachfront home in La Jolla, Calif.
Romney bought the home in May, 2008 for $12 million, according to public records. Now, he is planning a massive overhaul of the place.
The Spanish-style home is on a cul-de-sac with direct access to the beach. There are plenty of luxury features like a secluded patio with a lap pool, spa and a chef's kitchen.
Zillow currently values the home at $9.6 million, but that's about to change. Romney has filed an application with the city to tear down the 3,000-square-foot, single-story property and build a more than 8,000-square-foot, three-story home, according to the city of San Diego's development services department.
NEXT: Jon Huntsman
Source: http://rss.cnn.com/~r/rss/money_topstories/~3/IpzOog3qfu8/index.html
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