$1.4 Million Warren Buffett House in Omaha, Nebraska

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Warren Buffett House is one of the most famous homes in America, not because it’s a giant mansion, but because it shows how the world’s fifth-richest man lives simply. People are always curious about why Warren Buffett, with a net worth of $160 billion, still lives in the same house he bought for just $31,500 back in 1958. Let’s take a deep look at Warren Buffett House, what makes it special, and why it stands out in a world of luxury mansions and billionaire lifestyles.

Who is Warren Buffett?

Warren Buffett is one of the most successful investors ever. He’s known as the “Oracle of Omaha” because of his amazing ability to pick winning stocks and build wealth. As of June 2025, Buffett’s net worth is around $160 billion, making him the fifth-richest person in the world. He’s the chairman and CEO of Berkshire Hathaway, a company that owns big parts of famous businesses like Coca-Cola, Apple, and Bank of America.

But Buffett’s lifestyle is nothing like most billionaires. He’s famous for being frugal. He still lives in the same Omaha house he bought in his 20s, drives a regular car, and eats breakfast at McDonald’s. He doesn’t own a fleet of fancy cars, a yacht, or a private island. Yes, he once had a private jet (he jokingly called it “The Indefensible”), but he sold it years ago and now usually flies with Berkshire’s flight services. He used to own a vacation home in Laguna Beach, California, but he sold it in 2018 for $7.5 million. Unlike many billionaires, Buffett’s real estate portfolio is small and simple.

Detail Information
Full Name Warren Edward Buffett
Birthdate August 30, 1930
Age 94 (as of June 2025)
Net Worth $160 billion (2025)
Main Residence Omaha, Nebraska (since 1958)
Other Homes Former: Laguna Beach, CA (sold 2018); Childhood: Washington, D.C.
Cars Cadillac XTS (previously Lincoln Town Car, Cadillac DTS)
Yacht None
Private Islands None
Private Jet Formerly owned (“The Indispensable”), now uses Berkshire flight services
Real Estate Omaha house, former Laguna Beach home, farmland in Nebraska and Arizona
Hobbies Bridge, golf, playing the ukulele
Philanthropy One of the world’s top givers; pledges most wealth to charity

Where Does Warren Buffett Live Now?

Warren Buffett still lives in Omaha, Nebraska, in the same house he bought in 1958. He was just 28 years old when he purchased it for $31,500, which would be about $352,000 today with inflation. The house sits on a quiet corner lot and is surrounded by a simple fence and security cameras. Even now, Buffett calls this house his “third-best investment” after his two wedding rings. He’s said many times that he’s happy there and can’t imagine living anywhere else. While other billionaires build huge estates, Buffett’s home is a symbol of his down-to-earth lifestyle.

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Warren Buffett House

Warren Buffett House is not your typical billionaire mansion. Instead, it’s a cozy, comfortable place that’s full of memories and history. Buffett raised his three children there with his first wife, Susan. Over the years, the house has seen some upgrades for security, but it still keeps its original charm.

1. Where Is Warren Buffett House?

Warren Buffett House is located in Omaha, Nebraska, in a quiet, leafy neighborhood. The exact address isn’t shared for privacy, but locals know it’s on a corner lot in the Dundee-Happy Hollow Historic District. Omaha is where Buffett grew up and built his business empire. He’s always been proud of his Nebraska roots, and he’s never felt the need to move to places like New York or Los Angeles, where many other billionaires live.

2. Features of Warren Buffett House

Warren Buffett House is a two-story stucco home built in 1921. It has five bedrooms and two and a half bathrooms, spread out over about 6,570 square feet. That might sound big, but compared to other billionaire homes, it’s actually pretty modest. For example, Bill Gates’ house is nearly ten times larger.

The house has a classic Midwestern style, with a simple design and a warm, welcoming feel. Over the years, Buffett has added a few things, like a security fence and cameras, but he’s kept the house mostly the same. There’s no fancy home theater, no indoor pool, and no gold-plated fixtures. Instead, it’s filled with family photos, old furniture, and memories from decades of living there.

The neighborhood is quiet and friendly, with tree-lined streets and well-kept lawns. Buffett is known to chat with neighbors and even hand out Halloween candy. He once said, “Would 10 homes make me happier? Possessions possess you at a point. I don’t enjoy a $100 meal more than a hamburger from McDonald’s. That’s just how I’m wired. I don’t link the amount I spend with the pleasure I’ll derive from something”.

Warren Buffett’s Real Estate Portfolio

Unlike most billionaires, Warren Buffett’s real estate portfolio is short and sweet. Here’s a look at the homes he’s owned over the years:

1. Omaha, Nebraska (Current Home)

  • Bought in 1958 for $31,500.
  • About 6,570 square feet, five bedrooms, 2.5 bathrooms.
  • Current value: Around $1.4 million.
  • Neighborhood: Dundee-Happy Hollow Historic District.
  • Main residence for over 65 years.

2. Laguna Beach, California (Vacation Home, Sold)

  • Bought in 1971 for $150,000.
  • 3,588 square feet, six bedrooms, seven bathrooms.
  • Located in the gated Emerald Bay community.
  • Renovated and expanded during ownership.
  • Sold in 2018 for $7.5 million.
  • Buffett bought the house because his wife, Susan, loved it. After her passing, he decided to sell.
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3. Childhood Home, Washington, D.C.

  • Buffett lived here as a teen when his father was a Congressman.
  • Five-bedroom house in Spring Valley, D.C.
  • Not owned by Buffett anymore, but the home is a piece of his early story.

4. Farmland in Nebraska and Arizona

  • Buffett’s first real estate investment was a 40-acre farm in Nebraska, bought at age 15.
  • He later bought a 400-acre farm near Omaha for $280,000.
  • These farms are part of his investment strategy, not personal homes.

Buffett’s real estate holdings are a sharp contrast to other billionaires who own multiple mansions, islands, and penthouses. He believes in living simply and investing wisely.

Why Warren Buffett House Matters

Warren Buffett House isn’t just a place to sleep—it’s a symbol. It shows that happiness doesn’t come from having the biggest or fanciest house. Buffett’s home is comfortable, full of memories, and just right for him. He’s said many times that he wouldn’t trade it for anything. Even after decades as a billionaire, he’s never felt the need to “upgrade” to a mansion.

His house also sends a powerful message about money. Buffett proves that you don’t have to spend big to be happy or successful. In fact, he says his simple lifestyle helps him focus on what matters: family, friends, and making smart investments.

Fun Facts and Stats About Warren Buffett House

  • Purchase Price: $31,500 in 1958 (about $352,000 today).
  • Current Value: Around $1.4 million.
  • Size: About 6,570 square feet, five bedrooms, 2.5 bathrooms.
  • Location: Omaha, Nebraska, Dundee-Happy Hollow Historic District.
  • Years Owned: Over 65 years.
  • Buffett’s Net Worth: $160 billion (2025).
  • Number of Homes Owned: One main home, one former vacation home, farmland investments.
  • Lifestyle: Simple, frugal, focused on happiness over possessions.

Conclusion

Warren Buffett House is more than just a building—it’s a lesson in living well without living large. While most billionaires surround themselves with luxury, Buffett’s Omaha home stands as a reminder that wealth doesn’t have to change who you are. He’s shown the world that you can be one of the richest people on the planet and still live simply, happily, and true to yourself.

Buffett’s house is a piece of history, a symbol of his values, and a home full of stories. It’s proof that sometimes, the best investment isn’t the biggest or the flashiest—it’s the one that feels just right.

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