In 2003, Microsoft co-founder Bill Gates paid $1.31 million for a home beside his Washington estate; 21 years later, he sold it for $4.85 million, nearly 4 times as much

Bill Gates sold a mid-century modern home in Medina for $4.85 million recently. The house was purchased by him in 2003 for $1.31 million, demonstrating significant appreciation. Located near his main estate, Xanadu 2.0, it attracted a buyer quickly after being listed. The home featured multiple amenities and waterfront access, appealing to buyers in the area. Gates' property transactions highlight the financial potential of real estate in this expensive neighborhood.