Could the fact that Richard Nixon used to live here be hurting more than helping the possibility of a sale? Who can say for sure, but Nixon’s beloved former mansion where he moved full-time after resigning as president, has been sitting on the market untouched for over a year. First listed back in 2015 for a jaw-dropping $75 million, the 15,000-square-foot compound came back onto the market in 2018 wanting $63.5 million, but still got no bites. Now, the expansive residence has reduced the price by $6 million, so maybe $57.5 million will be the magic number that garners a sale.Dubbed La Casa Pacifica, the private estate in San Clemente is made up of multiple structures and 5.45 acres of grounds that are manicured to perfection. No one could accuse the circa-1927 built residence of being too small. In fact, a new owner may have to come up with a few alternatives excuses when too many people want to visit since there is ample space thanks to the 9 bedrooms, 10 full bathrooms, and 4 half baths.Walking the 450-feet of private beachfront is undoubtedly the most luxurious and peaceful part of owning this historic abode. Nixon must have thought so, too, as it’s where he wrote some memoirs after the Watergate scandal changed his place in history forever.The former president parted ways with the estate in the 1980s and now it could have a new owner for the first time in decades. Newly restored and brimming with details like painted ceilings, boho tiles, and arched doorways, the legendary home is ready for its next chapter.Linda May of Hilton & Hyland and Rob Giem of Compass share the listing, which Mansion Global first reported reduced its price.
