Mitt Romney is planning to demolish his $12 million, 3,009-square-foot mansion in La Jolla, California and replace it with an 11,062-square-foot home. The current home was “inadequate” for their needs, according to a campaign spokesman: "They want to enlarge their two-bedroom home because with five married sons and 16 grandchildren it is inadequate for their needs." The Romney’s California home is one of three that they own, including a $10 million vacation home in New Hampshire. Construction will not begin on the La Jolla home until after the campaign is over.
