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Romney beach house expansion: All about the grandkids

Mitt Romney's $12 million La Jolla, CA, home, which he plans to bulldoze and quadruple its size.

It's all about the children.

Mitt Romney needs to quadruple the size of his $12 million beach house in La Jolla, CA, in San Diego, because of his granchildren, he said today at a press conference in Claremont, N.H.


Romney home on the shores of Lake Winnipesaukee in Wolfeboro, N.H.

"You know, I got 16 grandkids and counting," he said, "and we're going to have enough accommodation to meet the needs of the grandkids."

This was the first time Romney has addressed the home expansion since the news broke Saturday. He was asked if he's "concerned that the planned expansion of [his] La Jolla home sends the wrong message to struggling Americans?"

In addition to the La Jolla home, Romney also has "an 11-acre estate valued at more than $10 million on the shores of Lake Winnipesaukee" in New Hampshire, AP wrote in 2007.