Sen. Bernie Sanders buys lakefront home for nearly $600,000

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Sanders brands himself a Democratic socialist

William La Jeunesse reports from Los Angeles

U.S. Sen. Bernie Sanders, the tribune of working people, has bought his third house for nearly $600,000.

Fresh off the presidential campaign trail, the self-described Democratic socialist bought a seasonal waterfront home on Lake Champlain in North Hero, Vermont, for $575,000.

A Sanders spokesman says the senator and his wife Jane also own a row house in Washington, D.C., and a home in Burlington, Vermont.

Jane O'Meara Sanders says her family recently let go of a home they had owned in Maine, enabling her and her husband to buy the place in the Lake Champlain islands. She says her family had owned a home in Maine since 1900 but rarely had time to go there, particularly in recent years since her parents died.