Romney selling La Jolla home

The Boston Globe is reporting today that Mitt Romney is selling his La Jolla home. The story has been picked up by inside-Washington media such as Politico. The home has been controversial, and is not yet complete.

Says the Globe, "Two years ago, Mitt Romney didn't think he would run for political office again. And in the aftermath of his bitter defeat in the presidential campaign, he embarked on something of a real estate spree. He simultaneously began building two multimillion dollar homes, one [in La Jolla] on the Pacific Ocean and another outside Salt Lake City. He also bought a third, slopeside ski chalet in Park City, Utah...But now that he is considering a third presidential bid, the monuments of his wealth could become a political inconvenience, particularly as one of his key themes has been America's growing income divide."

A broker is now showing the La Jolla home to potential buyers, a Romney aide told the Globe. The aide wouldn't disclose the price. "Romney's plans to tear down and rebuild his home in La Jolla were already underway during his last campaign," says the Globe. The Romneys apparently intend to continue redoing the home which is two or three times larger than other nearby homes. The elevator for autos and a rotating four-car garage are some of the notable features of the home, which has not made neighbors very happy.