If you've ever wanted to live like
Peter Lynch, now's your chance. All you need is a cool $14 million (or one heck of a mortgage).
| Peter Lynch Fidelity Former Magellan Fund Portfolio Manager | |
The 72-year-old former superstar
Fidelity PM built a vacation house in Scottsdale, Arizona, and now he has put it on the market with a $14-million price tag, the
Wall Street Journal and the
Arizona Republic both report. Lynch famously ran the
Fidelity Magellan Fund for 13 years before retiring in 1990. (The
WSJ piece describes the property, while the local paper offers 39 different pictures of it. The
Phoenix Business Journal also weighed in.)
Lynch tells the
WSJ that he "wouldn't break even" on the cost of the house if it sells for $14 million. The 11,200-square-foot, 11-year-old home sits on 4.5 acres. It features an outdoor heated pool (with a watefall), a pool house, and a caretaker's cottage.
Boston-based Lynch has grandchildren near Boston and in California. The
WSJ also notes that Lynch's wife, Carolyn, died in 2015.
"There's no way I'm going there [Scottsdale] by myself," Lynch tells the paper. 
Edited by:
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE