In the world of reality TV and gold mining, few names shine as brightly as Parker Schnabel. At just 29 years old in 2023, this Alaskan wunderkind has struck gold both literally and figuratively, mining over $13 billion in precious metal and earning the title of “youngest gold rush millionaire.” 

But if you’re picturing a young tycoon lounging in a sprawling mansion, sipping champagne from solid gold flutes, you’re in for a surprise. Parker Schnabel’s house is as down-to-earth as the man himself, reflecting a lifestyle that values simplicity over extravagance.

The Man Behind the Mine

Born on July 22, 1994, in Haines, Alaska, Parker Schnabel was practically born with gold dust in his veins. His parents, Roger and Nancy Schnabel, raised him in the shadow of the family business, Big Nugget Mining Company, founded by Parker’s grandfather. 

By the tender age of 5, while most kids were building sandcastles, young Parker was learning the ropes of a real-life, high-stakes sandbox – the gold mines of Alaska.

Parker’s rise to fame wasn’t just about his mining prowess. In 2013, he became a household name as one of the stars of the hit TV series “Gold Rush.” 

The show, which ran until 2021, not only showcased Parker’s mining operations but also his growth from a teenager with big dreams to a savvy businessman with even bigger successes.

Parker Schnabel: Former House

Before settling into his current abode, Parker’s living situations were as nomadic as his mining operations. In a 2016 interview with The New York Times, he candidly admitted, “I’ve never had any place to call my own; I just moved around with my family.” 

This period of his life included a stint in Los Angeles, where he lived with his girlfriend while his star was on the rise.

The Hunt for Home Sweet Home

As Parker’s success grew, so did his desire to put down roots in his beloved Alaska. In 2015, he made the decision to purchase his first home. But true to his nature, Parker wasn’t looking for a flashy mansion or a penthouse suite. 

His priorities were clear: a place close to his mining operations, with enough space for his needs, and most importantly, a connection to the land he loved.

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Parker Schnabel Current House

Location: Haines Hwy, Haines, AK, 99827

Specs at a glance:

• 3 bedrooms
• 2+ bathrooms
• 2,000 sq. ft.
• Purchase price: $279,000
• Year bought: 2015

Parker’s choice of Haines, Alaska, for his home is no coincidence. With a population of just 1,905, Haines offers the perfect blend of community and solitude. 

It’s nestled near Glacier Bay National Park, providing breathtaking views and a constant reminder of the natural beauty that drew Parker to mining in the first place.

But here’s the kicker that makes this property truly special – it’s built on the site of an old gold mine. Talk about living where you work!

A Closer Look: Current House Photos

While Parker values his privacy, glimpses of his home reveal a structure that’s both functional and fitting for its Alaskan setting. 

The exterior showcases a sturdy build, necessary for withstanding the harsh Alaskan elements. Large windows take advantage of the stunning lakeside views, allowing Parker to enjoy the beauty of his surroundings even when he’s not out in the mines.

The Nuts and Bolts: House Construction

Parker’s home is built to last, with features specifically chosen to withstand the unique challenges of Alaskan living:

• Concrete foundation: Provides stability in the often-shifting Alaskan soil.
• Wooden framing: Offers flexibility and insulation against the cold.
• Metal roof: Stands up to heavy snow loads and resists the growth of moss and algae common in the damp Alaskan climate.

These choices reflect Parker’s practical nature and his understanding of what it takes to build a lasting home in the Last Frontier.

Living Like a Millionaire Miner

Despite his impressive net worth of $8 million, Parker’s lifestyle remains refreshingly humble. In a 2017 interview with Maxim, he famously quipped, “I don’t have a fancy car, boat, or even a fancy house. 

I have a big, expensive sandbox instead.” This “sandbox” refers to his mining operations, where he continues to invest most of his earnings.

Parker’s home serves as a testament to his values – a place of comfort and functionality rather than ostentatious display. It’s a base of operations, a place to recharge, and a reminder of where he came from.

Background: Parker Schnabel

To truly understand Parker’s choice of home, we need to delve into his background:

• Early years: Grew up in Haines, learning the family business from his grandfather.
• Education: Played basketball for his high school team but chose mining over college.
• Career launch: At 18, he took over the daily operations of the family mine.
• First big strike: In 2012, his first year of independent operations in the Yukon Territory yielded 1,029 oz of gold.

The Gold Rush Connection

Parker’s participation in “Gold Rush” from 2013 to 2021 not only showcased his mining skills but also gave viewers a glimpse into the life of a modern-day gold miner. The show’s success helped fund his mining operations and contributed to his impressive net worth.

Wrap Up: Parker Schnabel

Parker’s choice of home speaks volumes about his character. In a world where sudden wealth often leads to extravagant spending, he’s chosen to invest in what truly matters to him – his work, his roots, and his future in mining.

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TL;DR

• Parker Schnabel, star of “Gold Rush” and successful gold miner, owns a modest 2,000 sq. ft. house in Haines, Alaska.
• The house, purchased in 2015 for $279,000, sits on the site of an old gold mine.
• Despite a net worth of $8 million, Parker chooses to live simply and invest in his mining operations.

FAQ’s

Where is Parker Schnabel’s new house?

Parker’s house is located on Haines Hwy, Haines, AK, 99827.

Does Parker Schnabel own his own home?

Yes, Parker owns a 2,000 sq. ft. house in Haines, Alaska, which he purchased in 2015.

What car does Parker Schnabel drive? 

Parker is known for his modest lifestyle and hasn’t publicly boasted about owning any luxury vehicles.

What does Parker Schnabel’s brother do?

While Parker is in the spotlight, less is known about his brother’s activities. Parker tends to keep his family life private.

Conclusion

In conclusion, Parker Schnabel’s house is more than just a place to live – it’s a reflection of the man himself. Practical, unpretentious, and deeply connected to the Alaskan wilderness, it stands as a testament to Parker’s values and his commitment to the mining life.

As he continues to seek gold in the ground, his home remains a golden example of living well without losing touch with one’s roots.