Harrison Jacobs/Business Insider
Jeff Bezos is renovating a former Textile Museum to be his new home base in Washington, DC.
- Jeff Bezos bought a residential property in the Kalamora neighborhood of Washington, DC, for $23 million in 2016.
- The two structures on the property comprise a total of 27,000 square feet of living space - it's the largest home in Washington, DC.
- Bezos is spending a reported $12 million to renovate the homes and surrounding property.
- The new mansion will have a ballroom, whiskey cellar, elevators, a garden room, 11 bedrooms, and 25 bathrooms.
Jeff Bezos is so rich that the value of $1 to the average person is about $88,000 to the Amazon founder.
Needless to say, a $12 million home renovation at the site of his Washington, DC, compound isn't a budget crusher.
In 2016, Jeff Bezos paid $23 million in cash for the property in DC's exclusive Kalamora neighborhood, home to the Obamas and Ivanka Trump and Jared Kushner.
While the property doesn't appear to offer much privacy in the front - it was the site of the Textile Museum for about a century - it includes two separate structures with a total of nearly 27,000 square feet of living space and a spacious backyard.
The larger of the two homes, the Wood House, will be for entertaining guests, while the Pope House will serve as the family's living quarters when they're in town. The Bezos' home base is in Medina, Washington - a secluded, 5.3-acre compound on the shores of Lake Washington.
The renovation plans were approved in September 2017 and are now underway. Below, check out the floor plan of Bezos' future Washington, DC, mansion.