The ‘Elitists’ John and Cindy McCain are Filthy Rich

How can John or Cindy McCain really understand what the average taxpayer goes through in these tough economic times given the fact that neither of them have ever been poor.  McCain’s father was an Admiral in the Navy and Cindy’s father was a wealthy businessman (albeit that the business he was in bordered on the illegal at times).

The McCains own at least nine house in Arizona, California, and Virginia Worth an Estimated $13,123,269. John and Cindy McCain own a plethora of houses spread throughout the United States, including: two beachfront condos in Coronado, California, condo in La Jolla, California, a two-unit condominium complex in Phoenix, Arizona, three ranch houses located outside of Sedona, Arizona, a high-rise condo in Arlington, Virginia, and, according to GQ, a loft they bought for their daughter, Meghan. The value of their houses is an estimated $13,123,269. [San Diego County Property Records; Maricopa County Property Records; Yavapai County Property Records; Arlington County Property Records; GQ, 3/18/08]

The McCain’s Primary Residence

1. 1n 2006, McCains Purchased Two Condominiums in Phoenix For $4,666,814. According to property records from Maricopa County, Arizona, the McCains spent $4,666,814 Condominium in Phoenix, AZ in 2006. Officially, the sale was made to The Cindy Hensley McCain Family Trust on October 18, 2006. (2211 E Camelback Rd., Units 1105& 1106, 85016) [Maricopa County Property Records]

  • The McCains Converted the Two Condominiums Into A “Single Dwelling.” According to The Arizona Republic, “Property records show that Cindy [McCain’s] trust recently bought a condo at the Residences at 2211 Camelback for $4.66 million.” The paper added, “The deal was actually for two condos that could be combined to one space of 6,000 to 7,000 square feet. That is plenty of elbow room, even for a high-end condo, in a region where the typical single-family home runs about 1,600 square feet.” [Arizona Republic, 10/26/06, emphasis added]
  • The McCains Own A $4.7 Million Condo, Vastly Exceeding The Neighborhood’s Average Home Value of $375,011. In a profile of presidential candidates’ homes, the Richmond Times-Dispatch reported that the McCain’s condominium in Phoenix is worth an estimated $4.7 million. The average home value in their neighborhood is reported to be $375,011. They added, “Cindy McCain, heiress to the John Hensley liquor empire, paid $3 million for two units, which the couple combined for 6,000 square feet.” [Richmond Times-Dispatch, 2/10/08] The McCains’ Primary Residence Is Outfitted With The Following Amenities: • Valet parking for residents and guests • Travel and driver services. • Roof top pool terrace with zero edge pool, sun deck, spa, fire pit, gas barbeque, and panoramic mountain and downtown views • Exclusive resident party room featuring separate guest entrance from porte-cochere, fireplace, 50” plasma • Fitness Center with state-of-the-art equipment, men’s and ladies’ locker rooms, steam rooms, and massage room. • Roof top entertainment terrace with lounge seating and breathtaking views of Piestewa Peak [Photo & amenities found at http://www.2211camelback.com, accessed on 4/2/08]

Beachfront Condos in Coronado, California

2. The McCains Own A $2,705,040 Beachfront Condominium on a Small Island Outside of San Diego. According to property records from San Diego County, California the McCains own a $2,705,040 condominium in Coronado, California. Coronado boasts the second best beach in the country, according to the Travel Channel. The condominium is officially the property of Dream Catcher Family. (1710 Avenida Del Mundo, Unit #802, 92118) [San Diego County Property Records; City of Coronado website, accessed 3/31/08, emphasis added]

3. In February 2008, The McCains Bought Another $2.1 Million Condominium In Coronado. According to property records from San Diego County, California the McCains bought another $2.1 million condominium in Coronado, California. Records show that the sale was completed on February 27, 2008. The condominium is officially the property of Dream Catcher Family. (1710 Avenida Del Mundo, Unit #204, 92118) [San Diego County Property Records] [Google Maps]

Hidden Valley Ranch

The McCains Own Three “Hidden Valley Ranches” Worth $1,103,615 in 2007. According to property records from Yavapai County, Arizona, the McCains own three ranch houses worth a combined $1,103,615:

4. $405,757 – 11455 E Hidden Valley Ranch Rd

5. $369,929 – 11445 E Hidden Valley Ranch Rd

6. $327,929 –11415 E Hidden Valley Ranch Rd

The first two ranch properties are held by the Cindy Hensley McCain Family Trust, while the third is held by Sedona Hidden Valley Limited Partnership. According to the Arizona Republic, the three houses include, “A main house, guest house and caretakers’ quarters [and] total more than 4,800 square feet.” [Yavapai County Property Records; 2007 Executive Branch Personnel Public Financial Disclosure; Arizona Republic, 8/12/00]

  • McCain Said There Are Six Houses On His Lot. According to CNN, “McCain said the valley was settled by Mormons and that the Hidden Valley Ranch got its name from the horseshoe shape of the creek that runs through the property. He said he built the first house on his property 24 years ago and now there are six houses on his lot.” [CNN, 3/3/08, emphasis added]
  • McCain’s Ranch Was Described As “One of the Most Spectacular Creekfront Properties in the State.” According to the Arizona Republic, McCain’s neighbor, Daniel Sims, said “It’s called Hidden Valley, and everyone who sees it says they would never expect to find such a beautiful place in such an arid climate.” He added that McCain’s ranch is “one of the most spectacular creekfront properties in the state. Lush lawns go from their house gently down to the water’s edge. The creek makes a natural pool there. It’s very romantic.” [Arizona Republic, 8/12/00]
  • AP: McCain’s 15-Acre Ranch “Includes Four Single-Family Homes And Is Worth Nearly $1.8 Million.” According to the Associated Press, “John McCain held a barbecue recently for reporters at a two-story cabin near Sedona, Ariz., that sits on 15 acres owned by his wife’s family trust and a real estate partnership in her name. The property includes four single-family homes and is worth nearly $1.8 million.” [Associated Press, 4/3/08] [McCainBlogette, accessed 4/2/08]

Beachfront Condo in La Jolla, California

7. McCains Own A $1 Million Beachfront Condominium in La Jolla, California. According to John McCain’s Executive Branch Personnel Public Financial Disclosure, the McCains own a condominium in La Jolla, California valued at over $1 million. The La Jolla property is held in the Hensley Survivors Trust. (8263 Camino Del Oro #379, 92037) [2007 Executive Branch Personnel Public Financial Disclosure ; San Diego County Property Records] [Photo found at http://www.beachagent.com, accessed on 4/2/08]

High-Rise Condo in Arlington, Virginia

8. The McCains Own A $847,800 High-Rise Condominium in Arlington, Virginia. According to property records from Arlington County, Virginia, the McCains own a $847,800 High-Rise Condominium in Arlington, Virginia. The condominium is officially the property of the Cindy Hensley McCain Family Trust. (1300 Crystal Drive #1702S, 22202) [Arlington County Property Records]

Meghan McCain’s Loft

9. McCains Bought Their Daughter A $700,000 Loft When She Graduated From College. According to property records from Maricopa County Arizona, the McCains purchased a $700,000 Phoenix Loft in May of 2007. Wild River LLC bought the loft on May 24, 2007. (4326 N 25th St., Unit 2, Phoenix, AZ 85016) [Maricopa County Property Records]

  • John And Cindy McCain Paid For Meghan’s Loft With $700,000 Cash. According to the Property Transfer Record from Maricopa County, Arizona, the McCains paid cash for Meghan McCain’s $700,000 Biltmore Loft. [Maricopa County Property Transfer Records]
  • Meghan McCain’s Parents Bought Her A Loft That “Looks Like A Spaceship Furnished By West Elm.” According to a Meghan McCain profile piece written in GQ, “Meghan’s parents, Senator John and Cindy McCain, bought her this loft around the time she graduated from Columbia University last spring, and the interior looks like a spaceship furnished by West Elm. There’s a giant silver chimney that extends out of her fireplace into the ceiling about twenty feet above. Across the living room is a very stylish and very uncomfortable-looking pod chair.” [GQ, 3/18/08]

The McCain Motel: Rental Property

10. The McCains Own A Rental Loft In Phoenix, Arizona. According to property records from Maricopa County Arizona, the McCains purchased a high-class $700,000 Phoenix Loft in June of 2007. The loft is owned by Wild River LLC, and is listed as rental property on McCain’s 2008 Senate Financial Disclosure Report. (4326 N 25th St, Unit 102, Phoenix, AZ, 85016) [Maricopa County Property Records, McCain 2008 Senate Financial Disclosure Report]

The McCains’ Rental Loft Is Now For Sale, Listed at $730,000. According to Realty Times, “4326 N 25th St #102, Phoenix, AZ 85016” is for sale. The loft is listed as a “Bright, open and spacious luxury Contemporary loft” for sale for $730,000. Amenities include:

  • Granite countertops
  • Italian Cherry cabinetry
  • Stainless steel appliances
  • Remote control window covering
  • Smart home system
  • Vessel sinks with upgraded faucets
  • Security system
  • Balcony plus roof top spa area
  • Private rear yard with private pool entrance
  • Master shower with dual heads
  • Pool side end unit
  • Mountain and downtown views from roof [Realty Times, accessed 6/13/08] *virtual tour*
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