Sunday Real Estate Round-Up, 11/16/08
Filed under: Estates, Celebrity Shopping

As fires rage in the Montecito area several celebrity homes have been in danger. The LA Times reports that one of actor Christopher Llloyd's homes is involved. It is believed to be this 8.5 acre property, shown above, which was on sale last year for $11.275 million and was our estate of the day. Rob Lowe and Oprah Winfrey also have homes in the pricey town but their houses are safe. Our thoughts go out to anyone who has lost their home in this latest round of fires and to the firefighters bravely battling the blaze.
From the NY Post's Gimme Shelter:
--Justing Timberlake has gone to contract on a TriBeCa three-bedroom with a $5.25 million price tag. His new loft is in the Pearline Soap Factory condo building and has a 52-foot-long living/dining area, a gourmet kitchen with top appliances and 14 floor-to-ceiling windows.
--Braden Keil sets the price for Hugh Jakcman's deal on Perry Street at an even $21 million making it a great deal considering it was once listed at $40 million.
--Joel Klein, the chancellor of New York City schools and who has been mentioned as a candidate for secretary of Education under Barack Obama and his wife, Nicole Seligman, are about to close on the Sag Harbor home of author Harry Hurt III and chef Alison Becker for $2 million. The last asking price was $2.25 million.
--Tommy Mottola has finally sold his North Salem, New York home for $15 million. It was listed at $21 million when it was an estate of the day in 2006.
From the NY Observer's Manhattan Transfers:
--Brooke Astor's country estate in Briarcliff Manor, New York, is on the market for $12.9 million. It was our estate of the day on Friday.
--It's official Hugh Jackman has picked up the dazzling Perry Street triplex owned by Sun Microsystems co-founder Bill Joy, who paid $17.57 million for the raw space in 2002. It is believed Jackman paid between $20 and $23 million. Not too shabby considering it was listed at $40 million when it was our estate of the day last November.
--Murat Ozyegin, son of Turkish billionaire Husnu Ozyegin has paid $6.2 million for an apartment on East 66th Street.
--Dean Vanech, whose New Jersey-based Delta Power Company was acquired by Bear Stearns subsidiary Arroyo Energy early last year, bought a five-bedroom apartment at 33 East 70th on the day before the election for $14.8 million. They may still also own a high-floor apartment on Fifth Avenue, bought three years ago for $5.07 million. The co-op was bundled with its next-door neighbor, the only other apartment on the floor, which made for a $30 million listing, which can be seen at Halstead but apparently Vanech and his wife didn't need quite that much space.
--In August, a limited liability corporation controlled by Charles Yassky, a developer and real estate investor, paid $13.2 million for a 36-foot-wide red-brick mansion at 122 East 78th Street. The building, which includes two floors of offices and three floors of small apartment units, just went back on the market two weeks ago for $18.9 million, he's since dropped the price to $16.9 million, still $3.7 million more than August's sale. The listing is here.
--A full floor, nine-room, three-bedroom apartment at the Ritz-Carlton on Central Park South is listed for $35 million. It ws bought only three years ago by one of the building's developers, Christopher M. Jeffries for $16 million.He sold on July 31 for $28.5 million to an anonymous buyer who may have paid in cash. Three months and two weeks later, that buyer wants to sell for $6.5 million more. The listing is here.
From Newday's Real LI:
--Natalie Portman, who is in the process of selling her Manhattan home is currently living with her parents in Cold Spring Harbor, New York.
--A price chop for Chateau des Thons, the transplanted 17th French chateau which is in Upper Brookville, New York. It hit the market for $6.995 million in 2006, was at $5.995 million when it was an estate of the day last year, and is now listed at $4.995 million.
--Lisa Kerkorian, ex-wife of billionaire Kirk Kerkorian, is still trying to sell her home in Bridgehampton, New York. It has been on and off the market for the last couple of years, starting at $16.3 million and now listed at $7.995 million.
From Berg Properties Big Time Listings:
A five-bedroom house in Los Angeles' Toluca Lake neighborhood that Damon Wayans owned until 2006 is on track to get its fourth owner in less than 30 months, having been just listed for $4.5 million. The listing is here.
--Neda Mashouf, whose husband Manny founded the bebe women's retail chain has put her five-bedroom, solar powered house in the flats of Beverly Hills on the market for $4.7 million. The listing is here.
--A home in Los Angeles' Los Feliz area that was owned for a long time by singer Gwen Stefani has been sold by its most recent owner, TV show creator Mark Brazill, for $3.995 million. He paid $4.795 million for the home in 2007.
From the Real Estalker:
--The Richard Neutra designed Kaufmann House in Palm Springs which sold at Christie's Postwar and Contemporary Art auction in May is now back on the market because the deal fell through. It was our estate of the day on Saturday.
--More Ben Affleck and Jennifer Garner real estate news, the high-profile pair is still shopping in Brentwood. They have been spotted checking out this home which is on the market for $14.95 million.
Vicki Gunvalson from the reality show, The Real Wives of Orange County Housewives is selling a home in the
gated community of Coto de Caza that she bought for $1.65 million last year. The property was listed for a time for $1.78 million but then was taken off the market. It is now back on the market for $1.695 million.
--Toby Keith has already dropped the price on his Nashville home from $1.595 million to $1.349 million. It was an estate of the day last week.
--The Times Online is now reporting that the Toprak Mansion on The Bishops Avenue in North London, wich was purchased for a rumored £50 million was bought by Nursultan Nazarbayev, the current president of Kazakhstan.You can find a couple of pictures from when we first talked about the home in 2005 here.
--According to the Herald Sun Australian tennis star Lleyton Hewitt has put his glass and concrete contemporary casa in Adelaide's Island Point at West Lakes up for sale for an undisclosed asking price.
--According to The Real Deal,Rosie O'Donnell has closed on her $1.97 million condo at The Platinum building in New York City.
--Country singer Tanya Tucker is flipping a house in Franklin, Tennessee. It is listed at $2 million.
--Has Michael Jackson finally sold Neverland Ranch? Santa Barbara County Assessor records show that Jackson's 2,700 acre ranch was transferred to a Delaware based entity named the Sycamore Valley Ranch LLC. TMZ reports that this is a joint venture between Michael Jackson and Colony Capital, the Los Angeles based company who holds the mortgage on Neverland Ranch which will be renamed Sycamore Valley Ranch.
--Martina Navratilova has sold her Nokomis, Florida home for $2.549 million.
From the LA Times Hot Property:
--Red-hared television actor Timothy Busfield has listed his three-bedroom house in Malibu for $1.995 million.
--Former ABC President Alex Wallau recently sold his Brentwood home to country music singer Mac Davis for $4.9 million.
"Brothers and Sisters" cast member Matthew Rhys picked up a three-bedroom home in Los Angeles for $1,262,500.
--Actor Peter Wingfield has reduced the price of his Studio City home to $2.699 million from $2.995 million. The listing is here.
The Santa Monica home of the late Vivian Sheehan who pioneered speech therapy for people who stutter just sold for $2.185 million.
From the Wall Street Journal's Private Properties:
--In New York's Harlem neighborhood, a largely intact Romanesque Revival house built by circus co-founder James Bailey is on the market for the first time since 1951, with an asking price of $10 million.
--Hedge fund manager John Paulson has cut the price on his Southampton home yet again. It's now down to $13.9 million. We'll be checking this out as an estate of the day later in the week.
--A Los Angeles home that once belonged to John Barrymore is one the market. It will be our estate of the day later today.
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