Where Does Warren Buffett Live? His Omaha House Since 1958

Warren Buffett lives in Omaha, in the house he bought in 1958 for $31,500. He was 27, and it would be seven more years before he took control of Berkshire Hathaway. In the letter Berkshire released on November 10, 2025, he called it “the house I have owned and occupied since 1958,” and Fortune had reported that April that he still lives there.

The version of this page we published in 2018, and updated in 2022, got that wrong. It labeled the Omaha house “(Former)” and said he sold it in 2022 for $850,000. He did not sell it. Douglas County's 2026 property roll records no sale, and the house that did go on the market in 2022 was a different one, explained below.

The address and the map pin are behind the ropes on Warren Buffett's Omaha house profile, with the county's figures alongside.

A developer's house, dated 1921

The house stands in Dundee, a neighborhood west of downtown that was a town of its own until Omaha annexed it in 1915, over the objections of most of its voters, according to the Douglas County Historical Society. The county dates the house to 1921. George Payne, an Omaha real estate developer, had it built for $25,000 as a Dutch Colonial designed by the architect Charles Steinbaugh, according to Omaha Exploration, a local history site that works from Omaha World-Herald archives.

Payne moved on to Bemis Park in 1925.

The owners who followed read like a roll call of old Omaha. According to Omaha Exploration, Billy Nesselhous, a former jockey who belonged to political boss Tom Dennison's machine, bought the house for his mother. Sam Reynolds, a coal executive, bought it in 1939, and in 1954 the governor appointed him to the US Senate to finish the late Hugh Butler's term. Reynolds sold it to Buffett in 1958, Omaha Exploration records.

Buffett's 2025 letter places two other Berkshire names close by. Charlie Munger, his partner for decades, lived a block away in the 1930s. Greg Abel, who succeeded Buffett as chief executive at the end of 2025, lived a few blocks away in the 1990s.

$31,500, and the county's number now

The price comes from Buffett himself. “For the $31,500 I paid for our house,” he wrote in his 2010 letter to shareholders, “my family and I gained 52 years of terrific memories with more to come.” Fortune and Omaha Exploration give the same figure.

Our 2018 headline called it a home worth less than $1 million. Douglas County's 2026 roll assesses the house and its land at $1,224,500, which is the county's value for property tax, not a price anyone has paid.

The old page also walked through the rooms and quoted him on the house. We found no source for either, and both are gone.

The house that went on the market in 2022

Before they bought, Warren and Susan Buffett rented a different house in Dundee, from 1956 to 1958. Forbes Colombia reported in 2022 that Buffett Associates, the investment partnership he started with seven partners, relatives and friends among them, was founded in that house's sunroom. Its owners put it up for sale in April 2022 at $799,000, Forbes Colombia and The Real Deal reported.

That is the house our 2022 update confused with his own. We found no source for the $850,000 price it gave, so that figure is gone too.

Laguna Beach, 1971 to 2018

The other house on our old page was a beach house with a Laguna Beach address, in Orange County, California, and that one he did sell. Buffett bought it in 1971 for $150,000, as Fortune and the Orange County Business Journal both report, and Bloomberg wrote that he bought it at the urging of his first wife, Susan. The Business Journal dates the house to 1936 and says it was renovated several times over the years. Its record is on Warren Buffett's former Laguna Beach house.

It was the family's beach house. He has said, as Fortune reported in 2017, that they spent summers and Christmases there, and Bloomberg wrote that he worked on his annual letter to shareholders there over Christmas breaks. He also bought the neighboring house. “That became kind of the annex,” he said, as Fortune reported in 2017, and it held overflow guests until it sold in 2005, according to the Business Journal. Fortune reported that after Susan died in 2004 he came to the beach less often.

He put the beach house up for sale in February 2017, asking $11M. The market did not meet that asking price: in September 2018 Mortgage Professional America reported a $3.1M cut, to $7.9M. The house sold in 2018 for $7.47M, the Orange County Register reported, as GOBankingRates relayed it, and Fortune and David Kass, a University of Maryland finance professor, round the price to $7.5M. Our old page dated the sale to October 2018. We could not pin the month, so this page says 2018.

Our old page gave the house's size and room count as if they described it today. They were the Business Journal's 2017 count of the house he sold, and they no longer fit. The buyers spent three years restoring it, finished in October 2021, and joined its two separate buildings with a breezeway, Tatler Asia reported in 2023.

From $150,000 in 1971 to $7.47M in 2018, the price rose nearly 50 times over 47 years. That is about 8.7 percent a year compounded, before renovations, taxes and upkeep, the figure Kass published in October 2018 from the rounded $7.5M.

For how we decide which addresses go behind the ropes, read our note on celebrity addresses.