Add actress Sharon Stone to the list of head-scratching home owners trying to navigate their way through the real estate market this recession. She has
re-listed a Beverly Hills mansion at $8,995,000 that she bought in 2006 for $10,995,0000. She originally had it on the market at $10 million, took it off and offered it on a $58,000 a month lease. That didn't happen either, although she did get a nothing-to-sneeze-at $35,000 a month for it. And now she's decided to list it at below what she paid. She never moved into the property, although she had at one point intended to remodel it and do precisely that. The seven-bedroom Mediterranean estate sits on almost five acres at the end of a private road. There is a resort-style lagoon pool and a north-south tennis court. Stone, who was married to newspaperman Phil Bronson until 2004, starred in the erotic thriller "Basic Instinct." The listing agent is Valerie Fitzgerald of Coldwell Banker, Beverly Hills. Fitzgerald is also in charge of sales for the Carlyle on Wilshire project.
Reader Comments (Page 1 of 1)
Celebrity Digs HQ Oct 1st 2009 11:10AM
This place is nice, but not as nice as Meg Ryan's place. Wonder if furniture makes all the difference? She needed a home stager. (No, we are not affiliated with anyone in that industry!)
beanspants Oct 1st 2009 5:49PM
For her to rent it profitably for $35k a month, she needs to have $6 mill into the $11mm property. For her to rent it profitably at $58k a month, she needs to be about $2.5mm into the $11mm property. My guess is that owes closer to $9 than $5m, and that renting for $35k she was taking a beating.
Lana Oct 2nd 2009 11:13PM
It's Phil Bronstein, who was the executive vice president and editor of the San Francisco Chronicle. Now - San Francisco Chronicle's Editor at Large.
http://en.wikipedia.org/wiki/Phil_Bronstein
LARRY Oct 3rd 2009 9:42PM
A beautiful lady a beautiful house !!
matte Oct 3rd 2009 10:13PM
She never moved in? She is getting wacko in her old age!
LIGuy Oct 4th 2009 12:15AM
Boo Hoo! Another celebrity with too much money and time on their hands!
roste fan Oct 4th 2009 12:20AM
Sharon Stone is such a pretty women.
NICE DIGS TOO!
jjelmore373 Oct 4th 2009 2:48AM
Empty home Empty heart
tinroofrustedfr Oct 5th 2009 10:48PM
Broken Home. Broken Heart. Broken Dreams. Boring ugly overpriced home!