CarsonPalmer

From the Wall Street Journal's Private Properties:
--Investor Stanley Chais, who funneled funds to Bernard Madoff, has cut the price of his condo in the celeb-friendly Sierra Towers condominium complex in West Hollywood by 15 percent, to $4 million, less than the $4.4 million he paid for the condo, shown above, in 2007. The property website is here.
--Kelsey Grammer has sold a Los Angeles house for $3.3 million which is 19 percent less than he paid for it in 2007. He has leased the seven bedroom home in Holmby Hills, California that we checked out in 2008 when it was listed at $19.9 million.
--Tom DeLonge of the band Blink-182 has relisted his San Diego-area home for $5.1 million. He bought the home for $5.5 million in 2005 and spent another million on renovations. The couple first listed the house for $6.25 million in 2007.

From Berg Properties Big Time Listings:
--Singer Rupert Holmes' (The Pina Colada song) house in Scarsdale, New York is listed for $1.387 million. Holmes has purchased a house in Cold Spring, NY for $860,000.
--Actor Monte Markham has placed his four-bedroom house in Malibu on the market for $1.129 million.
--Actress, voice actress and singer Elizabeth Daily has put a six-bedroom home in the Hollywood Hills on the market for $2,499,999.
--Paris Hilton's uncle Steven Hilton has put a Malibu home up for sale. We'll check it out later today as our estate of the day.

From the Real Estalker:
--A home in Los Angeles which was once rented by Rihanna is on the market for $2.949 million. The listing is here.
--Model Shannan Click has listed a home in Los Angeles for $2.146 million. The listing is here.
--The creator of "The L Word" Ilene Chaiken has listed her Los Angeles home for $2.195 million. The listing is here.

From the NY Post's Gimme Shelter:
--Kelly Killoren Bensimon from "The Real Housewives of New York City" has put her Hamptons home up for rent for $295,000 for the summer season. It was listed for sale for $14.5 million when it was our estate of the day.
--Anne Hathaway is living in the Avalon Bowery rental complex, where one-bedrooms start around $4,000 per month and two-bedrooms around $5,500.
--Isabel Rose, a TriBeCa mom and author with family money, is the purchaser of Stone Meadow Farm in East Hampton. She paid $12.5 million for the home which Mariah Carey rented last summer. It was listed at $19.95 million when it was our estate of the day.
The 15.4-acre Southampton estate of the late Howard Gittis is back on the market for $45 million, down from its $59 million asking price in December 2007.

From AOL Home:
The New Kardashian Dream House
At Home with Ali Wentworth and George Stephanopoulos
At Home with Jewel and Ty Murray

From Bright and Spacious:
Up a tree? A gallery of amazing and sustainable treehouses.
Affordable modernism, the Clayton iHouse.

I spent some time last week in the oceanside town of Laguna Beach, California so I was particularly interested to see this property for sale. Laguna Beach is a town full of hills and canyons which lends itself to homes with truly amazing vistas of the sea. The LA Times Hot Property column reports that today's estate belongs to Cincinnati Bengals quarterback and Heisman Trophy winner Carson Palmer. Palmer's home is a four-bedroom Mediterranean perched on a hilltop with beautiful views out over the ocean, the town and an open canyon. Like many hillside homes, this one has a bunch of levels. The top level has an entry deck, oceanview front office and a two-car garage. The home also includes a gourmet kitchen, formal dining room, living room, a full-floor master bedroom suite which has a cedar-lined walk-in closet, an office, sitting area and master bath. The lowest level has two two bedrooms with a large balcony. Big Time Listings reports that Palmer also owns a home in Del Mar, California and a five-bedroom home in Cincinnati. This home is listed at $2.949 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.