Former Secretary of State Rex Tillerson has found a new focus: real estate. The Texas native and his wife, Renda, have relisted their gated Apple Head Island vacation property in Horseshoe Bay, TX, with a price cut, to $3,574,000.
As we reported last year, the ex-CEO of ExxonMobil first placed the luxury retreat on the market in July for $3,975,000. But with no buyer willing to negotiate the terms of a final sale, the home disappeared from the market for a bit. This week, the listing reappeared with a lower price.
Built in 1999, the 5,857-square-foot custom home is located on the 80-acre resort, which provides privacy and security on the waterfront of Lake Lyndon B. Johnson. Also appealing? The area offers “a triumph in resort living … Texas style,” according to the resort’s website.
How does a former Texas oil man like to relax? By gazing out onto views of the Texas hill country, for one.
At the home, you enter through a courtyard to the expansive, open design that features views of the lake and surroundings. The main floor has two living areas, plus a formal dining room, 1,000-bottle wine room, wet bar, and a gourmet kitchen and see-through fireplace. There are two master suites and two guest suites, plus three half-baths.
The home also boasts a media room, bar, and private office. Outside, there are multiple decks and terraces, along with a summer kitchen, fireplace, and a lanai. The waterfront property also sports a covered double boat house with storage.
Along with this home in the Lone Star state, Tillerson, who lasted only a year in his Cabinet post, also purchased a Washington, D.C., mansion in the district’s swanky Kalorama neighborhood for $5.5 million. We assume he’d intended to stay in the nation’s capital longer than 12 months.