FarrahFawcett

It looks like Mariah Carey was only dreaming when she reportedly made an offer on Fleur de Lys, the $125 million Beverly Hills mansion once ranked as the world's most expensive estate (that title is now held by the $150 million Spelling mansion). According to the Real Estalker, the pop star just purchased this somewhat more modest mansion in Bel Air (above) that once belonged to Farrah Fawcett for about $7 million. The private gated estate on 3 acres designed in the Hamptons style and originally built in 1950 is about 10,000-sq.-ft. with 6 bedrooms and 7 baths.

The property features incredible 360-degree views and the renovated house has an "Aspen-style" great room, seven fireplaces, formal living and dining rooms, a library, media room, office, an eat in gourmet kitchen. The grounds boast three gated entrances, two motor courts, a huge rectangular swimming pool with a poolside pavilion, a large brick terrace, several lush lawns areas, a gazebo, and an Indoor racquetball court. The closing price is about $2.5 million less than the sellers were originally asking.

From the LA Times Hot Property:
--Entertainment lawyer and the mastermind behind the Hands Across America and "We Are the World" events, Ken Kragen, has listed his Beverly Hills home, shown above, for $5.595 million. The listing is here.
--Commercial composer Jonathan Elias has sold his 5,865-square-foot Santa Monica home for $4.395 million.
--Nicolas Cage has leased a unit in the downtown Biscuit Company Lofts with an option to buy. He may have picked up a 3,500-square-foot penthouse unit, which was listed at $4.9 million.

From the Real Estalker:
--Rumor has it that Ben Affleck and Jennifer Garner may have picked up a 1930s Hollywood Georgian in Holmby Hills which has been listed at $27.5 million for around $22 million. The listing is here.
--Tori Spelling and Dean McDermott have picked up a home in the Westwood area of Los Angeles for $2.275 million.
--Anne Heche and James Tupper have put their West Vancouver, Canada home on the market for $2,450,00 (Canadian). Heche and Tupper bought the home for $2.2 million in May, 2007.
--Michael Bolton has put his Westport, Connecticut home on the market for $11 million. It's our estate of the day on Monday.

From Berg Properties Big Time Listings:
A five-bedroom house in Bel-Air that was once owned by Farrah Fawcett and Ryan O'Neal has come on the market for $9,500,000. The listing is here.
--Ryan Cabrera has put his Hollywood Hills home on the market, it's our estate of the day later today.
The four-bedroom home in the Hollywood Hills that previously belonged to Charlie Sheen's wife, Brooke Mueller is back on the market with a $2.395 million listing price (she sold it for $2.317 million last year). The property website is here.
--Actor Justin Long has listed his home for $1.495 million. The listing is here.

From the Luxury Property Blog:
--A home featured in the movie "Moonstruck" as Cher's character's house recently sold for close to $4 million.

From the NY Post's Gimme Shelter:
--Baseball player Mike Piazza will officially list his duplex TriBeCa loft for $6.8 million in September and is looking for a bigger place in Manhattan.
-- Jocelyn Wildenstein spent nearly $8 million for a 3,000-square-foot condo on the Plaza and now another Wildenstein, thought to be Guy Wildenstein, bought on the floor below his former in-law for $31.7 million. Two apartments - 409 and 411 - sold for $21.926 million and $9.787 million under Wildenstein & Company.
--Model Adriana Lima and basketball player Marko Jaric are looking for an apartment in New York. The couple has been seen checking out the penthouse at 40 Walker, a new residential building in TriBeCa, which is listed at $7 million.
--from Page Six, --Ricky Gervais and his girlfriend Jane Fallon have spent $1.66 million for a one-bedroom condo at the converted Barbizon hotel on Lexington Avenue in Manhattan.

From the Wall Street Journal's Private Properties:
--President Ford's Vail, Colorado ski retreat is on the market for the second time in less than two years. Real-estate investor Kevin Hayes, bought the home in early 2007 after Ford's death for $6.65 million and says he spent over $4 million on renovations. He has listed the home for $14.9 million.
--NFL star Michael Strahan paid between $1.5 and $2 million for a loft in Manhattan's Tribeca neighborhood.
--Real-estate developer R. Donahue Peebles has listed his Washington, D.C., stone Tudor house for $8.3 million. It was our estate of the day on Saturday.

From Real LI:
--Baseball player Edgardo Alfonzo has reduced the price on his home in Little Neck, New York. It went on the market in late 2006 for $8 million and has now been lowered at least four times since then is now listed at $5.3 million. Alfonzo paid $900,000 for the property in 1999 and has spent nearly as much in remodeling. The listing is here.
--New York Jets linebacker Bryan Thomas has taken his Huntington home off the market and has decided to rent the property instead of selling.

From TMZ:
Michael Phelps spent $1.69 million for a condo on the waterfront in Baltimore, Md.

From the NY Observer's Manhattan Transfers:
--The Kress family penthouse, a 17-room Fifth Avenue apartment with ballroom ceilings imported from 17th-century Venetian palaces and marble staircases carved from Michelangelo's quarry was previously listed for $50 million then pulled off the market. Next month, the penthouse will be back on the market again with a listing price of around $45 million with Leighton Candler of Corcoran.


From AOL Real Estate:
Remodeling Myths: Water Your Plants at Night?
Dying Cities
Web Sites Let You Check Your Neighbors
Smalltown USA: America's Dreamtowns
Overpriced ZIP Codes

From the Wall Street Journal's Private Properties:
--In Palm Beach, movie producer Sidney Kimmel, the founder and chairman of Jones Apparel, has put his oceanfront mansion up for sale for $81.5 million.
--After nearly two years and $3 million in price cuts, Ozzy and Sharon Osbourne have given up trying to sell their Malibu beach house, shown above, (which is currently listed at $10.995 million) and are now renting it for long-term lease at $37,500 a month or for short-term lease in the summer at $85,000 monthly.

From the NY Post's Gimme Shelter:
--The Milbank Mansion, the lavish townhome otherwise known as the Bob Guccione townhouse has officially gone to contract and Braden Keil's sources say that the sale number may be under $50 million which is actually not bad for a 27-room, 22,000-square-foot, double-wide vintage home. Of course this makes us wonder what the final price will be for the Sloane townhouse which is currently listed at $64 million.
--News anchor Kaity Tong and her husband, Patrick Callahan, are finally moving back to their duplex penthouse in Chelsea which they left last summer when their home was discovered to have toxic mold. The developer of a condo project next door, Elad, though unsure if it caused the leak, offered to put the couple up at the Gramercy Park Hotel until the problem could be fixed.
--A vacant plot in desirable land in East Hampton is set to hit the market. The approximately 18-acre plot of vacant land bordering Lily Pond Lane and Apaquogue Road across the street from Steven Spielberg's estate have applied for permits to subdivide the land. One broker says it could be worth $8 million an acre or more.
--The Bridgehampton estate of Lyor Cohen, the chairman and CEO of Warner Music Group, is about to be listed for sale, it's about to be listed at around $9.5 million.

From the NY Observer's Manhattan Transfers:
--Private equity boss Frederick Iseman and his ex-wife are dealing with the terms of their break-up, which promised that the ex-Mrs. Iseman would have lifetime use of the co-op. But Iseman has bought out the missus for $5 million then transferred ownership to trusts run by his family. He will also be paying her five yearly sums, adding up to about $10.5 million. The couple is also divvying up the furnishings and fine art including sharing join custody of the den lamp.
--More about the Sloane townhouse, the mansion was previously divided into 11 apartment units and it seems that luring out the tenants before the listing was no easy task.
--Dr. William A. Haseltine, the former chairman and CEO of the Human Genome Science pharmaceutical corporation,has paid $9.7 million for an 86th-floor apartment at the Trump World Tower.
--Dancer George Faison, who left Alvin Ailey's company in 1969 to start his own troupe and is now the artistic director of the Faison Firehouse Theater in Harlem, has sold his West End townhouse for $5.95 million.

From Berg Properties Big Time Listings:
--Oprah Winfrey has sold a 4,806-square-foot, 39th-floor penthouse in Atlanta's Buckhead area for $1.8 million.
--Saxophonist Kenny G has paid $2.85 million for a four-bedroom house in Los Angeles' Studio City area.
--Designer-developer Xorin Balbes has sold a six-bedroom "significantly rehabbed house" in the Bird Streets area of Los Angeles' Hollywood Hills for $5.725 million.
--A four-bedroom house in Ojai that was recently owned by actor and director Harold Ramis, and that was designed by architect Wallace Neff, is on the market for $6.95 million. The listing indicates it has already gone to contract.
-- A 2,867-square-foot house in Bel-Air that once was owned by Farrah Fawcett has sold for $3.608 million.
--'Gilmore Girls' actress Melissa McCarthy has sold her 1,284-square-foot house in West Hollywood for $1.325 million.
--Dan Aykroyd has put another Los Angeles home on the market. This one is listed at $2.595 million. The listing is here.

From the NY Times Big Deal:
--Brokers find interesting things sometimes when they show an apartment. Sharon E. Baum of the Corcoran Group walked in on a string quartet rehearsal when showing an apartment at 27 West 67th Street, owned by the estate of Albert Fuller, a harpsichordist. The duplex apartment had been used for decades as a musical salon and performance space, and while it was on the market, it was still being used for rehearsals. The sale of Fuller's apartment will benefit the Helicon Foundation, which was founded by Mr. Fuller in the 1980s to support the early instrument movement. The apartment is listed at $2.975 million, the listing is here.

From the Real Estalker:
--Mariah Carey has picked up a four-bedroom home on Windermere Island in the Bahamas that was listed at $4.9 million.
--The Real Estalker Mama checks out the Wanamaker-Munn mansion which we mentioned back in December. The $33 million very grand and lovely home is full of beautiful spaces that evoke the spirit of old New York. The listing is here.
--The Real Estalker Mama reveals some floor plans from the monstrously pricey One Hyde Park development in London.
--Louwana, the Palm Beach, Florida house belonging to the late Aimee de Heeren is available for lease at $90,000 per month. It sits on an ocean front parcel that sits next to the estate Donald Trump has on the market for $125 million.
--Artist/director Julian Schnabel has listed two apartments at his Palazzo Chupi building, a $27 million duplex and a $32 million triplex. It is our estate of the day later today.
--San Diego Padres pitcher Randy Wolf, who recently bought a house belonging to guitarist Slash has listed his Calabasas home for $4.25 million. Rumor has it that he may have already sold the home to another musician Richie Sambora of Bon Jovi.

From the LA Times Hot Property:
--Actress Teri Polo has listed her Manhattan Beach home for $2.559 million. The listing for the contemporary home is here.
--Frank Sinatra Jr. just purchased a home in the Beverly Hills Post Office area for $4.1 million.
--A home that once belonged to Deanna Durbin, who in 1939 won "a special Oscar" along with Mickey Rooney "for their significant contributions . . . as juvenile players," is now on the market at $10.5 million. The home was built in 1938 and has eight bedrooms. The listing is here.
--A West Hollywood home owned by Loretta Young and producer Tom Lewis for almost 30 years has come on the market for $2.985 million. The listing is here.

From AOL Real Estate:
--How to save while you splurge on your remodel
--Million dollar starter homes