EdMcmahon

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.

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.