July 10, 2007
Posted: 10:52 AM ET

Romney's New Hampshire home.

WOLFEBORO, New Hampshire (AP) — The real estate adage "location, location, location" applies to politics as well, and Republican presidential hopeful Mitt Romney is playing that for all it's worth.

The former Massachusetts governor has an 11-acre estate valued at more than $10 million on the shores of Lake Winnipesaukee, allowing him to portray himself to New Hampshire voters as one of them as he seeks to win the state's first-in-the-nation primary.

Campaigning in Manchester last month, for example, Romney said a win these days is persuading his wife to let him sleep with the windows open at their lakeside home.

"This is something of a second home for us. … My wife and I were there last night. It's one of those great nights. It was windy and cold, when my wife said, 'OK, you can open the windows,"' Romney said. "But it was so windy and you could hear the water from the lake. It was cold in the morning, but it was worth it, I'll tell you."

Romney, who is worth an estimated $190 million to $250 million, rarely passes up a chance to mention his New Hampshire vacation home. His references to his other residences — a colonial main residence in the comfortable Boston suburb of Belmont and a lodge near the ski resort community of Park City, Utah — are few.

The abodes of most New Hampshire voters, however, have little in common with the candidate's residence.

Set back a half-mile from the road and up a long and narrow driveway, the Romneys' three-story estate is shielded from would-be gawkers. Romney bought most of the property in 1997 for less than $3 million from hotel executive and fellow Brigham Young University alumnus Butch Cash. Romney later bought another lot for about $85,000 to get a little extra room.

The main house — a 5,400-square-foot contemporary — has six bedrooms. A 2,700-square-foot boathouse sits on the 760 feet of lake frontage. Its 2,600-square-foot stable has been converted into a guest house.

The beige home is only a mile from the town's main street — and its police station — but is hidden by thick trees and an unmarked driveway. For a man who could be the next president, the estate at the tip of Clark Point could easily serve as a remote, Winnipesaukee White House.

"It would be like Kennebunkport," said town administrator David Owen.

Fifty miles away, in Kennebunkport, Maine, is the Bush family compound. When George H.W. Bush was president, residents often complained of the onslaught of security, staff and press when he visited. It's a specter that faces Wolfeboro and its 7,000 permanent residents and tens of thousands of summer visitors.

Filed under: Mitt Romney


Shawnie - Grants Pass, OR   July 10th, 2007 10:25 am ET

The hard work the liberal media puts into explaining away Romney's popularity is so amusing. Yes, we see right through it.

Romney is popular because of his platform, his leadership abilities and his broad appeal… not because of his vacation home. And I'm sure the folks in New Hampshire would like to be credited with a few more IQ points than that.

Travis   July 10th, 2007 12:07 pm ET

I for one respect our capitalistic economy. Romney has made a fortune as a successful manager and consultant of many, many companies, creating many, many jobs in the process. Then turned his skill to the volunteer sector in the Olympics (where he donated $1 mill and took no salary), then turned his skills to the public sector as Governor (again, took no salary). And has pledged to take no salary as president.

His big house is a testament to his skill and drive. Gosh, its not like he is a trial lawyer or on the speaking circuit. He actually earned his money.

And by the way, he mentions his Utah vacation house all of the time.

Tom Dedham, Mass   July 10th, 2007 12:27 pm ET

Very well put Travis.

The media in Boston NEVER made note of his NOT taking a salary as Governor and though he tried many different things here, he got fed up with the entrenched and lunatic Democratic cabal known as our states legislature, House speaker etc, etc.

Very rich Ted "the swimmer" Kennedy and John "liveshot" Kerry both have no problem cashing their checks, but then they also LOVE spending OUR money.

S. Richard, Olathe, KS   July 10th, 2007 12:43 pm ET

Considering that Romney is the wealthiest '08 candidate, I believe he lives modestly. His NH digs are far less flashy than Edwards' home in North Carolina. His haircuts, including tips, cost $50. He took no salary as governor or as Olympics CEO, and was perfectly happy with modest accommodations in both positions. Contrast that with his Mass. successor Patrick, who spent lavishly on auto and decorating upgrades.

Rick, Chicago Illinois   July 10th, 2007 2:13 pm ET

Shawnie .. apparently you don't read people's responses to your posts. Otherwise you wouldn't be bragging about Romney on yet ANOTHER thread.

Does his campaign give out free flip-flops to the ladies that send in donations? Let's take a look at some of his flip-flops shall we?

Romney: 1) was a liberal in Massachusetts, where he TWICE ran for statewide office as a pro-CHOICE candidate but now says he opposes Roe v. Wade; 2) he was dedicated to "full equality for America's gay and lesbian citizens" and now describes himself as "a champion of traditional marriage"; 3) he signed a no-new-tax pledge (that he once mocked) in an attempt to hide his tax-raising record; 4) in Massachusetts, he bucked the National Rifle Association by supporting the Brady Bill and an assault-weapons ban, boasting, "I don't line up with the NRA.", yet (in August of 06) he bragged that he joined the gun-rights organization as a life member; 5) he was FOR gays serving open in the military before he was AGAINST it; 6) he endorsed federal funding of embryonic stem-cell research in 2005, but now claims he opposes it 7) "I purchased a gun when I was a young man. I've been a hunter pretty much all my life," he told a man sporting a National Rifle Association cap – even though he’s been on a total of TWO hunting trips in his 60 years! 8) Romney said he doesn’t believe in overturning juries, yet he fully supported Dubya’s commuting of Scooter Libby’s sentence before a single day of jail time was ever served.

And let me guess … you and the others on this thread supporting him probably ripped Kerry for HIS flip flops in 2004 right? LOL!

Mike, HI   July 10th, 2007 2:25 pm ET

Romney is popular because he's everywhere. He's one of three GOP candidates to get any attention by the media (just like the three Democratic candidates). Seriously now… we have to read about his New Hampshire estate? There are over 10 other presidential candidates that get almost no coverage by the press, and instead of talking about their earnings or accomplishments or troubles, CNN is talking about one candidate's vacation home?

Shawnie - Grants Pass, OR   July 10th, 2007 3:47 pm ET

Rick - I disagree with your use of the worn-out cliche "flip-flop". It implies changing one's mind and shortly changing it back again to the original stance.

That does not describe Romney. His changes of view on major issues came over a lengthy period of time and in a studied, intelligent way.

You are also quoting "facts" from selective editing and a liberal media. I've read and seen more in depth some of those issues/incidents/interviews you describe and my conclusions are different.

Also, this is America. We are all free to vote for and endorse the candidate we feel is best qualified. You're free to pass out insults to those who don't agree with you, but it doesn't strengthen your argument.

Perhaps you are doing some selective reading, because there are responses/posts on both sides of the fence and they are welcome, that is what makes America so great. We all get a say.

Ashen Shard, Chambersburg, PA   July 10th, 2007 4:27 pm ET

Yes, owning three mansions is an example of living modestly.

George, Ramstein AB Germnay   July 10th, 2007 5:31 pm ET

Changing your position 180 degrees qualfies as a flip-flop in my book.

Mike Boston MA   July 11th, 2007 3:19 pm ET

I have to question the judgment of someone who is 60 years old and still doesn't have a firm grasp on his beliefs on major life issues. If Romney has changed his mind so recently on so many important issues, what will keep him from doing so in the future, as the situation may warrant?

Tom Dedham, Mass   July 11th, 2007 9:45 pm ET

Flip flop was used against Kerry because he flip flopped in mid sentence and whatever way the political wind was blowing in real SHORT periods of time.

Romney is guilty of changing some of his positions over a lengthy period of time (not 2 minutes, 2 weeks, or even 2 years).

Do all of us think exactly like we did 3,5, 7, 10 or 20 years ago? I don't.

It's called life experience or lifes lessons learned.

Romney - 2008

Marissa, CA   July 13th, 2007 9:12 pm ET

Specific on issues, balanced, with demonstrated leadership abilities. Romney has my vote.

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