News and thoughts from behind the FrontDoor
Posted by Annalisa Burgos | October 27, 2009
Even celebrities are having a tough time unloading their multi-million dollar properties in this market.
From rapper 50 Cent’s money pit to pop star Ryan Cabrera’s short sale, you may find a deal if you’re in the market for a luxury home.
http://www.frontdoor.com/home-finance/Top-10-Celebrity-Homes-For-Sale/55319
Posted by Annalisa Burgos | September 15, 2009
From our Cool Houses Daily files:
Danielle Staub, resident cougar of Bravo’s New Jersey iteration of their Real Housewives franchise, is selling her Tudor-style mansion in Wayne, New Jersey.
The leather-wearing mother of two and divorcee wants a new house to run. According to The RealEstalker, the former model and ex-husband Tom acquired the home in 1998 for a little over $1 million. It’s listed for $1.495 million.
The 10,500-square-foot home has 7 bedrooms, 5 full and 2 half baths and a huge stone foyer that’s grand enough to impress the most discerning New Jersey housewife.
Posted by Annalisa Burgos | August 26, 2009
From our Cool Houses Daily files:
Iconic “Baywatch” and “Knight Rider” star David Hasselhoff has relisted his 5-bed, 5-and-a-half-bath home in Encino, Calif., at a reduced price of just under $4.2 million (a discount from the original $5.95 million price tag earlier this year).
The “America’s Got Talent” judge is selling the estate as part of his divorce settlement with ex Pamela Bach.
The estate has almost 9,000 square feet of living space, with a two-story entry foyer and his-and-hers closets in the master suite.
In the chef’s kitchen, there’s a whole wall devoted to Hasselhoff’s gold and platinum late-1980s European pop albums, but you fill the wall space with your own personal accolades when you snap up the property.
Outside, the home features a pool with a waterfall, tennis court and a huge motorcourt for all of the Hoff’s celebrity get-togethers.
Posted by Annalisa Burgos | August 13, 2009
This from our Cool Houses Daily files:
Rapper 50 Cent, whose real name is Curtis Jackson III, slashed the asking price on his massive Farmington, Connecticut mansion again, hoping to unload the former money pit he rarely used.
It was originally listed at $18.5 million in 2007 and reduced late last year to $14.5 mil. Now, he’s asking $10.9 million — surely to cover the $4.1 million he shelled out for it in 2003 and the additional $6 mil he spent on repairs and upgrades.
The 17-acre estate has been the subject of an ongoing court battle between “Fitty” and an engineering firm he hired to repair and improve the home. Fitty sued BVH Integrated Services, claiming the firm owed him $3 million for maintenance repairs that were not included in its original repair estimate of about $500,000. Terms of the settlement in June were not disclosed.
The mansion has a whopping 21 bedrooms and 25 baths, a private lake with gazebo, an indoor/outdoor pool, gym and grand media room, all spread nicely over 48,000 square feet of living space.
If you love Fitty’s house like, er, a fat kid loves cake, view the listing to find out more about his crib.
Posted by Annalisa Burgos | July 15, 2009
If she could turn back time, Cher probably would have accepted a reported offer for her massive Malibu estate, which she listed last August for $45 million but pulled off the market after nine months, says “Mama” from the popular Real Estalker blog.
Now the singing-songwriting diva has relisted her famous Italian Renaissance-style mansion for $41 million — still a bit stiff for a market where ultra high-end homebuyers are clearly in the minority.
We’ve discovered that the luxury market is not exempt from the recession as once thought.
That said, if you are in the market for a lavish home, the house that Cher built won’t disappoint. She is, after all, Cher.
The 13,000+ square foot, 6-bed, 7-bath home sits on a bluff overlooking the Pacific Ocean and features a theatre, gym, infinity pool, tennis court and multiple verandas.
Cher, do you believe in getting your asking price after renovating? I really don’t think that’s strong enough.
Posted by Annalisa Burgos | July 14, 2009
What makes a city or town a “best place to live”?
It varies so greatly from person to person and yet we see these types of lists all the time. Heck, FrontDoor.com is coming up with one too — stay tuned for it!
Not sure if Money Magazine’s new list of Best 100 Small Towns to Live will spur a homebuying spree in the named places, most of which are in middle America.
According to Money, these are the places that ranked highest in terms of factors we value, including a strong local economy, housing affordability, income, education and job growth.
The top spot went to Louisville, CO, which is where we found this 3,200-square-foot, 4-bed, 3.5-bath house listed for $469,500.
Here’s the top 10 and if Money’s list has you longing to move to these places, click on the link and browse homes for sale in that town:
1. Louisville, CO
2. Chanhassen, MN
3. Papillion, NE
4. Middleton, WI
5. Milton, MA
6. Warren, NJ
7. Keller, TX
8. Peachtree City, GA
9. Lake St. Louis, MO
10. Mukilteo, WA
Posted by Annalisa Burgos | July 9, 2009
Las Vegas visionary Steve Wynn’s Manhattan home is just as luxurious as the world-class resorts he builds.
The mind behind such Sin City landmarks as the Bellagio, Wynn and Encore has listed his seventh-floor condo at 817 Fifth Avenue (at 63rd Street) for $25 million. Furniture included.
Wynn reportedly paid $7 million for the unit in late 2000, but made some extensive renovations. The 3,500+ square foot luxury home features nine rooms, including a master suite and bath fit for a billionaire like Wynn.
The original living room, formal dining room and library were combined to form one massive living area and media center.
The unit has a new formal dining room and a state-of-the-art electronics system. And check out the breathtaking views from those windows — beautiful Central Park and New York City.
See more pictures of Wynn’s home for sale in the Sotheby’s International Realty listing on FrontDoor.com.
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Posted by Annalisa Burgos | June 23, 2009
Wanted: Architecture buff with deep pockets willing to put in some elbow grease.
Frank Lloyd Wright’s famous and endangered Ennis House in Los Angeles is on the market for $15 million.
The 6,000-square-foot Mayan-inspired estate, which lies on a hilltop in the Los Feliz neighborhood north of downtown L.A., is falling apart from earthquake and rain damage and desperately needs restoration.
The legendary architect built the home in 1924 in the experimental “textile block” style using 27,000 16-inch concrete blocks.
The current owner, the Ennis House Foundation, has already invested $6.5 million to stabilize the property. The new owner would need to put in an estimated $5 million to $7 million to restore the home, in addition to the $15 million purchase price. One condition of the sale will be a conservation easement to ensure that the public has access to the house a few days each year.
The main house features three bedrooms, an elevated dining room with massive fireplace, high ceilings, numerous art-glass windows, a rare Wright-signature glass-tile mosaic fireplace, billiards room, pool and small Japanese garden.
The sale is being handled by Hilton & Hyland and Dilbeck Realtors, with marketing services by Christie’s Great Estates.
The Ennis House has appeared in film and TV, including “Blade Runner,” “Buffy the Vampire Slayer” and “Twin Peaks.”
Posted by Annalisa Burgos | June 17, 2009
You’ve probably heard about the marital problems of Jon and Kate Gosselin, who along with their eight children (fraternal twins and sextuplets), star in the popular TLC reality show “Jon & Kate Plus 8.”
The couple recently celebrated their 10-year anniversary, but apparently not together. While raising a huge family is stressful enough, imagine having to deal with the media and allegations of extramarital affairs and child abuse. And to add insult to injury, the couple can’t seem to sell their former home in Elizabethtown, Pennsylvania.
The 3,446-square-foot, 5 bedroom, 2.5 bath Cape Cod has been on the market for four and a half months, and counting.
On average, similarly priced homes in the county take about 116 days to sell, according to Lancaster Online.
The Jon and Kate house is listed for $325,000 and features new bamboo hardwood floors, a security system, large rear deck and laundry room with two sets of washers and dryers.
The Gosselins paid $280,000 for it in 2006 and made some improvements to it during their TV show.
Judging solely on these pictures, I’d suggest the home needs some staging to compete in today’s challenged real estate market.
My tips? Remove the dreary blinds and bring in bright window treatments. Replace outdated fixtures and ceiling fans.
You can kind of see the deck through the blinds in this picture. Why not open them, so we can get a great view of the outdoors? Let the sunshine in!
And you can rest assured that the kitchen can handle a lot of cooking. That’s a picture of Kate with her eight children when they used to live in the home.
Last October, the couple moved 40 miles northeast to a $1.35 million, 24-acre estate in Wernersville, Pennsylvania, where they can spread out and have more privacy. (You can see the new home in that last picture.)
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