Phil Mickelson is buying up this California neighborhood
Golf legend Phil Mickelson has been quietly buying up properties in the upscale Rancho Santa Fe neighborhood in San Diego for over two decades. According to The New York Post, Mickelson, who has a net worth of $875 million, first purchased his Rancho Santa Fe home in 2001 for $6 million, later selling it for a loss in 2015. Since then, he has invested in three other properties in the area, totaling nearly 21 acres.
In 2020, Mickelson continued his buying spree by dropping $25 million on a four-bedroom, four-bathroom estate on 4.3 acres of land next to his own property. He also purchased the adjacent 6.79-acre lot, which was initially listed in 2021 for $12 million. Sources say Mickelson is working on developing his “dream compound,” which could cost upwards of $100 million.
Mickelson, who has won 45 events on the PGA Tour, including six major championships, has been a board member of the PGA Tour and played for the LIV Golf League prior to its merger with PGA this week.
When news of the merger broke, Mickelson tweeted, “Awesome day today 😊”. When asked by The Post to comment on his real estate purchases, Mickelson’s representative declined to comment.
FAQs:
1. How many properties has Phil Mickelson purchased in Rancho Santa Fe?
Mickelson has purchased a total of four properties in the area, totaling nearly 21 acres.
2. How much did Mickelson spend on his latest real estate purchases?
Mickelson spent $25 million on a four-bedroom, four-bathroom estate on 4.3 acres of land and another $25 million on an adjacent 6.79-acre lot.
3. What is Mickelson planning to develop on his properties?
Sources say Mickelson is working on developing his “dream compound,” which could cost upwards of $100 million.
4. What is Mickelson’s net worth?
Mickelson’s net worth is $875 million.
5. Has Mickelson commented on his real estate purchases?
When asked to comment, Mickelson’s representative declined to comment.
This California neighborhood is being purchased by Phil Mickelson.
Professional golfer Phil Mickelson has been revealed to have spent the last 20 years purchasing a San Diego neighborhood. The Californian started purchasing homes in the upscale Rancho Santa Fe area in 2001, beginning with a $6 million property that he later sold for a loss. However, he continued to invest in the area and by 2020 had acquired 21 acres of land to build his dream estate. Mickelson reportedly spent approximately $25 million on a four-bedroom, four-bathroom estate and the adjacent land, which was listed for $12 million. He also attempted to purchase the estate of Steven Black, the Chairman of Cisterra Partners, but has so far been unsuccessful. Sources suggest that Mickelson is working to develop his dream compound, which could cost upwards of $100 million. The PGA Tour board member, who has a net worth of $875 million, has won 45 events on the PGA Tour, including six major championships. He made history in 2021 as the oldest major championship winner ever.