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PC Gamer
PC Gamer
Harvey Randall

Gabe Newell buys $70.8 million mansion in Florida, and naturally it has a dock for his superyachts and a personal tunnel to the ocean

Gabe Newell in an Oceanco ad.

Gabe Newell, yacht enthusiast and the founder of one of the biggest videogame storefronts and developers on the planet, has just bought a big stonking house with his seemingly bottomless well of "I own Steam" money.

The news comes courtesy of the Wall Street Journal, which reveals that Newell has bought a property in Manalapan, Florida, for $70.8 million from Cindy and Ron McMackin. The home's previous owners certainly didn't get a bad deal, mind, having purchased it for $39 million in 2020. Ah, to be on the property ladder and to make almost $32 million just by living somewhere.

Anyway, the estate—which has about 20,000 square footage—is located on the Intracoastal Waterway and has a tunnel directly connecting the house to a slice of the ocean, as you can see in the video embedded above. It also, naturally, has a dock and boat lift. Likely for Newell's superyachts (or indeed, a smaller boat to ferry him back and forth) one of which he purchased for $500 million back in May.

It also enjoys a substantial outdoor pool, which is appropriately snazzy for a mansion that costs more than you or I'll likely see in our lifetimes. On the whole, it's an appropriate domicile for Newell, who has taken up a lot of scuba diving in recent years. Back in July of last year, Newell confirmed in a YouTube interview that his daily routine was the following:

"I get up, I work, I go scuba-diving, work some more, [then] either go on a second scuba dive or I go to the gym and work out. I live on a boat so I just hang out with everybody on the boat. Then I work."

So, yeah—snagging a mansion where you can live on both your big boat(s) and an actual demesne seems like a logical next step. I'm happy for him—and not at all jealous of his routine scuba breaks, which I tried to suggest as an expense for the team here at PC Gamer and was told "Harvey, we cannot afford a superyacht". Life is deeply and mercilessly unfair, sometimes.

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