Parker Schnabel, the 23-year-old gold mining sensation and star of Discovery Channel’s “Gold Rush,” is not only known for his impressive wealth but also for his frugal lifestyle.
However, what many fans may not know is that he is the proud owner of a magnificent mansion nestled in the breathtaking Alaskan wilderness. In this article, we’ll explore the details of Parker Schnabel’s house, its unique features, and why it’s truly special.
Does Parker Schnabel Own a House?
Despite his fortune and fame, Parker Schnabel did not own a house for quite some time. He openly admitted to moving around with his family and not having a place to call his own. In 2018, though, it seemed that things were about to change as he reportedly purchased a $2 million home in Las Vegas.
What Was the Cost and Location Of Parker Schnabel’s House?
In 2017, Parker Schnabel decided to build his dream home in Alaska. The project took over a year to complete and cost him a staggering $2 million. The house is situated in the northern part of Alaska, surrounded by pristine nature on a 20-acre property with its own private lake. This 2,000-square-foot residence boasts three bedrooms and two bathrooms, adorned with tasteful gold accents throughout.
The exact address of Parker Schnabel’s house is Haines Hwy, Haines, AK 99827. The property was built in 2018 and covers more than 2,000 square feet of living space.
What Makes Parker Schnabel’s House So Special?
Parker Schnabel’s home is unlike any other; it’s not just a luxurious mansion; it’s also a functioning gold mine. Built on the site of an old gold mine, it includes a working gold mine that Parker and his crew actively use to extract gold from the earth.
Furthermore, the property also features a sluice box, crucial for separating gold from dirt and rocks. Inside the house, you’ll find a mill that grinds ore into powder for further processing, as well as an assay lab where the purity of the extracted gold is tested.
The house is also adorned with unique decorations, including a mounted grizzly bear head and a signed photo of Silvio Berlusconi, reflecting Parker’s childhood fascination with “Gold Rush.” There are also signed photos of fellow miners Todd Hoffman and Rick Ness, along with a large metal detector that Parker used as a child.
Why Does Parker Schnabel’s Home Look So Different?
It’s important to note that Parker Schnabel’s home as seen on “Gold Rush” is a set specifically built for the show. In the series, it appears large with multiple rooms, but in reality, it’s much smaller.
In addition, this difference is deliberate, designed to make the show more interesting and to create a captivating storyline for viewers.
How Much is Parker Schnabel’s House Worth?
While the exact value of Parker Schnabel’s mansion isn’t disclosed, it’s undoubtedly worth millions of dollars due to its size, location, and numerous amenities. Parker’s estimated net worth is around $5 million, indicating a significant investment in his dream home.
Where Does Parker Schnabel Currently Live?
As of the latest information available, Parker Schnabel resides in his house in Porcupine Creek, Alaska. He purchased this stunning 2,000-square-foot property with three bedrooms and two bathrooms for $1.7 million. It also serves as the location for filming “Gold Rush.”
Conclusion
Parker Schnabel’s house in Alaska is a remarkable testament to his success in the gold mining industry. Not only is it a luxurious mansion, but it’s also a fully operational gold mine, making it a unique and captivating place.
However, if you ever find yourself in Alaska, don’t miss the chance to visit Parker Schnabel’s house and witness the lavish lifestyle of the “Youngest Gold Rush Millionaire.”
