If you’re following the 2024 U.S. Senate race in Wisconsin, you’ve likely come across the name Eric Hovde—a wealthy businessman with political ambitions. One common question that keeps surfacing: Where does Eric Hovde live now? The answer is layered. While he maintains strong ties to Wisconsin, he also owns a multi-million-dollar property in California. Let’s take a deeper look at who he is, what he owns, and where he currently lives.
Who Is Eric Hovde?
Eric Hovde is a businessman, real estate investor, and former Republican candidate who first ran for the U.S. Senate in 2012. In 2024, he’s once again in the spotlight as a GOP contender hoping to unseat incumbent Senator Tammy Baldwin in Wisconsin.
Hovde comes from a politically connected family and has spent decades in finance and banking. He is currently CEO of Hovde Properties and H Bancorp, and he has been involved in multiple philanthropic and business ventures across the U.S.
Eric Hovde’s Property and Net Worth
Eric Hovde’s wealth is substantial. According to various reports, his estimated net worth is over $100 million, built through years of success in banking, real estate, and investment. His financial background gives him a strong advantage in self-funding political campaigns.
He owns several properties, including real estate holdings in Wisconsin and out-of-state residences. Most notably, a report from the Milwaukee Journal Sentinel confirmed that Hovde owns a $7.2 million estate in Laguna Beach, California.
Where Is Eric Hovde Living Now?
Although Eric Hovde is a registered voter in Madison, Wisconsin, his residency came under scrutiny when it was revealed he spends considerable time at his California ocean-view mansion. Located in Laguna Beach, this high-end property is perched on a cliff and features panoramic views of the Pacific Ocean.
However, Hovde maintains that Wisconsin remains his home base. In public statements and campaign messaging, he emphasizes his lifelong ties to the state—pointing out that he grew up in Madison, runs his business from there, and still holds a primary residence in Wisconsin.
Details of the California Home
The Laguna Beach estate is no ordinary beach house. Valued at $7.2 million, it includes four bedrooms, five bathrooms, a private elevator, a rooftop deck, and walls of glass that open up to oceanfront views. The home spans roughly 5,000 square feet and blends modern architecture with luxury amenities, such as an open-concept living space, a chef’s kitchen, and smart home systems throughout.
While luxurious, the home has become a talking point in the Wisconsin Senate race, as critics question how much time Hovde spends there versus in the state he hopes to represent.
Other Properties in Wisconsin
Hovde also owns multiple commercial and residential properties in Wisconsin, including an upscale condo in Madison, which he has listed as his primary residence. According to public records, this location is the one tied to his voter registration and campaign filings.
While his California mansion makes headlines, Hovde insists that he returns regularly to Wisconsin to run his businesses and engage with the community.
Final Thoughts
So, where does Eric Hovde live now? Technically, he resides in both Wisconsin and California, with legal residence established in Madison but significant time spent at his luxury Laguna Beach estate. For voters, the real question may not be where he sleeps at night—but where his priorities truly lie.
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