Sanders Buys Lakefront Home for Nearly $600,000

Senator Bernie Sanders speaks next to his wife, Jane, during a Bloomberg Politics breakfast on the sidelines of the Democratic National Convention in Philadelphia on July 26, 2016.

Photographer: Patrick T. Fallon/Bloomberg

South Hero, Vt. (AP) -- U.S. Sen. Bernie Sanders, an advocate for the working people, has bought his third house for nearly $600,000.

Fresh off the presidential campaign trail, the self-described Democratic socialist bought a seasonal waterfront home in North Hero, Vermont, in the Lake Champlain islands, for $575,000, as first reported by Seven Days weekly newspaper.

The independent senator and his wife also own a row house in Washington, D.C., and a home in Burlington, Vermont, a Sanders' spokesman said Thursday.

"We've traveled up to the islands many times over the years — almost always on day trips," his wife, Jane O'Meara Sanders, said.

She said her family recently let go of a home they had owned in Maine, enabling her and her husband to buy the place on Lake Champlain. She said her family had owned a lake home in Maine since 1900 but didn't have time to go there in recent years, particularly since her parents died.

She had always hoped to buy a place in the Lake Champlain islands, she said.

Sanders lost the Democratic nomination for president to Hillary Clinton.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE