lakefront property in Wilmington another significant property in Biden's real estate portfolio is his Lakefront home in Wilmington Delaware this property which Biden purchased in the late 1990s has been a place of Solace for the family particularly during times of personal hardship the home is situated on a picturesque Lake offering Serene views and a peaceful environment the Wilmington home has been a place where Biden could Retreat from the pressures of public life reconnecting with nature and spending time with his family the property is modest compared to his other residences but it holds great sentimental value for the bidens who have created many memories there over the years Biden's approach to real estate