Before Elizabeth Holmes began her prison sentence, the Theranos founder spent her final 34 days of freedom in a secluded beach house.
Holmes, once the world’s youngest self-made billionaire with an estimated net worth of US$4.5 billion ($6.3 billion), according to Forbes, was found guilty in 2022 of defrauding investors in her blood-testing startup. She was sentenced to more than 11 years behind bars.
The 1940s cottage sits within a private, gated oceanfront community in Del Mar, California.
According to property records obtained by People , the cottage is tucked away on Sandy Lane, an exclusive oceanfront strip home to only 14 luxury properties.
Despite its multimillion-dollar price tag, the single-storey rental is relatively small, with floor-to-ceiling windows framing sweeping views of the Pacific Ocean.
It also served as the backdrop for “You Can See Everything”, A24’s documentary on the convicted fraudster, which is set to hit Australian cinemas next month.
Cameras were welcomed inside the compact beachfront home, where Holmes spent time ahead of her lengthy prison sentence alongside her partner, William “Billy” Evans, and their two young children in 2023.
It is not known how much Holmes paid to stay at the property, though its last advertised rental listing in 2015 had a monthly cost of US$5,650 ($8,012).
Real estate platform Zillow estimates the property is currently worth about US$9.2 million ($13 million).
This week, the property returned to the market for US$2.25 million ($3.18 million).
Built in 1948, the home has kept its original character, retaining its timber walls and ceilings, a fireplace and rounded Formica kitchen benchtops.
While its furniture appears to have been updated since the home was last listed for rent, many of its original features can still be spotted in the documentary.
The home has stayed within the same family for decades.
According to Curbed , the property has been transferred between relatives connected to the Bedell Living Trust since 1994. It was most recently listed as being owned by three members of the Bedell family in 2022.
While the secluded coastal cottage offered Holmes a place to spend her final weeks of freedom, it was a far cry from the sprawling Silicon Valley estate she once called home.
During her 2021 trial, CNBC reported that a traffic fine had revealed Holmes and Evans were living at Green Gables, a historic 74-acre (30-hectare) estate in the wealthy California town of Woodside.
The estate sold for US$85 million ($120 million) in September 2025, according to the San Francisco Chronicle .
Holmes was sentenced in November 2022 after being convicted on four counts of fraud and conspiracy relating to her failed blood-testing company, Theranos.
Her sentence at a federal prison camp in Bryan, Texas, began in May 2023.
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