Out of all of the candidates, former Massachusetts Gov. Mitt Romney owns the most real estate, including a townhouse in Boston and this beachfront home in La Jolla, Calif.
Romney bought the home in May, 2008 for $12 million, according to public records. Now, he is planning a massive overhaul of the place.
The Spanish-style home is on a cul-de-sac with direct access to the beach. There are plenty of luxury features like a secluded patio with a lap pool, spa and a chef's kitchen.
Zillow currently values the home at $9.6 million, but that's about to change. Romney has filed an application with the city to tear down the 3,000-square-foot, single-story property and build a more than 8,000-square-foot, three-story home, according to the city of San Diego's development services department.
Certain 2012 candidates are worth hundreds of millions, others far less.
|GM's recalled Cobalt was a failure from the start|
|Pope Francis challenges the free market - The Buzz|
|Why you should pay off your car loan ASAP|
|Americans have fallen in love with real estate once again|
|Your Internet security relies on a few volunteers|