Ed McMahon

From the Real Estalker:
--The ex-wife of Rolling Stone Ronnie Wood, Jo Wood, has listed their home in Kingston on Thames, shown above, for £13,000,000. The listing is here.
--Actress Peri Gilpin of Fraser fame and her artist husband Christian Vincent were the buyers of Shabby Chic creator Rachel Aswell's Malibu home.

From the LA Times Hot Properties:
--The Beverly Hills home of the late Ed McMahon is back on the market for $4.6 million. This is the same price it was listed at in 2008. The listing is here.
--Actor Ving Rhames and his wife, Deborah have sold a Brentwood house that had been listed as a short sale. The five-bedroom house sold for $1.95 million. It had been listed on and off for three years and was at $2.699 million when we checked it out in 2008. It had been purchased five years ago for $2.5 million. The couple also sold a larger Brentwood home in late June for $5,520,786 that had been purchased in 2005 for $6.5 million.

--Olympic medal winner Carl Lewis has sold his Pacific Palisades home for $2.5 million.
Rapper and "Pimp My Ride" host Alvin " Xzibit" Joiner has lowered the price of his Woodland Hills, California home to $650,000. He bought the home in 2003 for $670,000. The listing is here.
--Filmmaker, commercial director and restaurateur Joe Pytka has sold Castillo del Lago in the Hollywood Hills for $7 million. He bought the home from Madonna in 1996 for $5.3 million. The home was first listed at $14.95 million in April of last year.

Actress and real estate agent Dana Sparks has listed her Lake Sherwood contemporary at $2.555 million. The listing is here.

From the NY Post:
--Lady Gaga is still apartment hunting in New York City most recently checking out a four-bedroom One Morton Square rental.
--Sarah Jessica Parker and Matthew Broderick have been looking at a $29.8 million penthouse duplex at the Mayfair building at 610 Park Ave.
--A a Tribeca home once rented by Leonardo DiCaprio and Gwen Stefani is on the market at $6.995 million.
--Pet-food tycoon Leonard Stern and his wife, Allison, are purchasing a SoHo penthouse to live in while their 110-year-old Fifth Avenue mansion is being renovated uptown. They are in contract to buy a penthouse duplex at 25 W. Houston St. for about $8 million.

From the NY Times:
--Donald J. Trump Jr. sold his condominium at 220 Riverside Boulevard at Trump Place this month for $1.845 million.

From Chicago Breaking Business:
--Nicholas Pritzker, the chief executive and chairman of the Hyatt Development Corp. and a member of the Pritzker family, has placed his contemporary-style mansion on 45 acres on Lake Michigan in Covert, Michigan on the market for $4.95 million.

From the LA Times Hot Properties:
--Celebrity manager Rick Yorn has sold his Brentwood house for $9.35 million.
-- Wrestler Stone Cold Steve Austin listed his 3,881-square-foot house in Malibu for $3,895,000 originally, it just sold for $2.5 million.
--The home belonging to Kanye West's mom, Donda West is expected to get another price cut, to $1.595 million. The contemporary home in the Playa del Rey area of Los Angeles was originally priced at $1.945 million and was dropped to $1.745 million at the end of May. The listing is here.
--The Polaroid house, shown above, is located on Malibu's Carbon Beach, has been home to plenty of A-list parties but with Malibu's new paparazzi crackdown the home is looking for just one owner. The property has 80 feet of beach frontage and has approved plans to build a 6,000 square foot estate with a beachfront pool and spa as well as the existing home. It is listed at $32 million.

From the NY Post's Real Estate section:
--Fashion designer Tommy Hilfiger is about to list his Plaza apartment for $50 million. The apartment is located in the northeast dome on the 18th and 19th floors of the building and includes four bedrooms, a formal dining room, large living room, library and gourmet kitchen.
--Paul McCartney is looking for a New York City apartment closer to the Upper East Side apartment of his new flame Nancy Shevell.
--Denis Leary's TV series "Rescue Me" has just signed a six-month lease with Loft 14, the 10-story condominium building at 135 W. 14th St., where taping of their fifth season will begin this month. The lease is for $14,000 a month and the apartment has a real asking price of $2,375 million.

From Berg Properties Big Time Listings:
--Actor Chris O'Donnell has paid an undisclosed amount for a house in Pacific Palisades. The seller bought it last year for $4.675 million. He sold his last house in Pacific Palisades for $5.05 million.
--Jamie Foxx has sold his Tarzana home. It was our estate of the day back in June.
--Nicolas Cage's Bel Air home is back on the market, this time for $29.999 million. It hit the market last September for $35 million and was later pulled. The listing for the classic home which has been owned by both Dean Martin and Tom Jones is here.
--Glenn Frey has paid $7.75 million for a six-bedroom estate in Hana, Hawaii, on Maui.
--Kiefer Sutherland has paid $8.25 million for a t five-story town house in Manhattan's West Village.

From the Real Estalker:
--Looks like neither Donald Trump nor the mystery buyer have picked up Ed McMahon's house. It is still listed at $4.6 million.
--Rumor has it that Cher has sold her Malibu mansion which was listed at $45 million.
--Stevie Wonder has put his home in Los Feliz on the market for $3.2 million.
--Nascar racer Denny Hamlin has put his North Carolina home on the market. It's our estate of the day later today.
----via Boston.com, quarterback Tom Brady is a real estate winner. He converted a Beacon Street town house into four condos and sold three of them saving the top floors floors for himself. As a result he earned back more than he paid two years ago for the building. His total proceeds were $7.95 million which is $1.71 million more than he paid for the entire building, according to public deed records.
--via Nashville City Paper, country singer Kix Brooks of Brooks & Dunn and his wife Barbara are the buyers in Nashville's biggest home sale of the year. They paid $5.45 million in August for a new house in Forest Hills.
--via the Real Deal, Moby sold his penthouse at the El Dorado, the twin-towered cooperative apartment at 300 Central Park West near 90th Street, for $6.7 million. It was our estate of the day in July of 2007 when it was priced at $7.5 million.
--Dane Cook has picked up a four-bedroom home in the Hollywood Hills for $7,078,412.

From the Wall Street Journal's Private Properties:
--Basketball player Allen Iverson has reduced the price on his Villanova, Pennsylvania home by 37%. We will be checking this out as our estate of the day on Monday.
--Basketball player Rasheed Wallace has cut the price on his Portland, Oregon home. It will be our estate of the day on Tuesday.
--Actor Matthew Modine has purchased a condominium in New York's Chelsea section for $1.7 million.
--Leonard Ross who put the Hearst estate in Beverly Hills on the market for $165 million has taken it off the market. He has decided to keep the home.

From the NY Observer's Manhattan Transfers:
-- A co-op penthouse in 1060 Fifith Avenue has sold for $48,836,000 setting a new co-op price record in Manhattan. Hedge fund manager Scott Bommer and wife Donya. The couple bought the home for $46 million penthouse back in January. The buyer is listed anonymously on the deed as Park View Trust.
--Writer Ian Buruma spent $1,495,000 on an apartment at the Kalahari on West 116th Street. He and Eri Hotta, who taught at Oxford until 2005, closed last month.
--Ben Stiller spent $10 million on a duplex in a prewar orange-brick co-op on Riverside Drive in the West 80s, the same building that his parents, Jerry Stiller and Anne Meara, have lived in for years.

I usually save Ann Brenoff's Hot Property column in the L.A. Times for the Sunday Real Estate Round-Up but this is too interesting not to share as soon as possible. Donald Trump has offered to step in and buy Ed McMahon's Beverly Hills home and allow McMahon to continue living there. Trump said in an interview with the Times that although he didn't know McMahon personally he grew up watching him on television and felt that it was an honor to step in and help.

McMahon who is 85 and suffered a debilitating neck injury last year was facing foreclosure within two weeks on his Beverly Hills home. McMahon bought the home in 1990 for $2.6 million and has had it on the market for several years. Most recently it was listed at $4.6 million as shown in the Hilton & Hyland listing. McMahon had defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp.

Trump isn't giving McMahon a free ride. He plans to buy the home from the lender and lease it back to McMahon. According to the Times, McMahon's listing agent, Alex Davis of Hilton & Hyland flew to New York to make a personal pitch to Trump to save McMahon's home.

UPDATE: The LA Times reports that listing agent, Alex Davis, has said there is a second anonymous would-be buyer and so the property is now in a "multiple offer situation."

Here's foreclosure? That's what Ed McMahon, the man famous for being Johnny Carson's sidekick on "The Tonight Show" and hosting "Star Search" might be saying soon. McMahon, who is 85, has been trying to sell his Beverly Hills home since 2006 when we first saw it listed for $7.699 million. He fell $644,000 behind on payments on $4.8 million in mortgage loans and a unit of Countrywide Financial Corp. filed a default notice Feb. 28 with the Los Angeles County Recorder's Office. His spokesman said that McMahon broke his neck 18 months ago and has been unable to work since then. McMahon has been working with the lender to try and resolve the situation but it is uncertain if he and his wife will be able to stay in the home which is located in the celeb-friendly community known as The Summit. Real estate agent Alex Davis has the listing (pictures are shown below) which now sits at $6.25 million.