Sharon Stone's Basic Instinct is to Sell
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.
Gallery: Sharon Stone's House