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Sunday Real Estate Round-Up, 6/15/08

From Celebrity Big Time Listings:
--Retired major league baseball player Lenny Dykstra has placed his eight-bedroom mansion in the Lake Sherwood area of Thousand Oaks, Calif. on the market for $24.95 million. Dykstra bought the home less than a year ago from Wayne Gretsky for $18.5 million. The property website is here.
--One of my all-time favorite estate of the day properties, makeup artist Stan Winston's Malibu pad, has sold for an undisclosed price (it was listed at $11.95 million). It may have been bought by a CBS head honcho Les Moonves or a member of his family.
--Chad Sexton, the drummer for the band 311, has sold his Hollywood Hills home for $1.7 million.
--Actor Matthew Rhys has paid $1,262,500 for a house in Los Angeles, near the Melrose Shopping District.
--Actor Shawn Hatosy has sold his Hollywood Hills home for $1.485 million.
--The star of "Rob and Big" reality TV star Rob Dyrdek has bought a house in the Hollywood Hills for $2.459 million.

From the Real Estalker:
--via the San Diego Tribune, Mitt and Ann Romney have picked up a place in La Jolla, California for $12 million.
--Angela Bassett and Courtney Vance have lowered the price on their Hancock Park home again, it started at almost $6 million but can now be picked up for $3.9 million. The listing is here.
--The parents of Lauren Conrad of The Hills have put their Laguna Beach home on the market for $17.9 million. The listing is here.
--Tea Leoni and David Duchovy have put their Malibu home on the market for $12 million. The listing for the five-bedroom home is here.

From the LA Times Hot Property:
--Target fashion designer Mossimo Giannulli and his wife, actress Lori Laughlin, have put their Laguna Beach home on the market for $12.995 million. It's our estate of the day later today.
A home in Rancho Santa Fe home once owned by former Blink-182 lead guitarist and perennial houseflipper Tom DeLonge is on the market for $5.6 million. The listing is here.
--"Eli Stone" producer Greg Berlanti has listed this Palm Springs second home for $1.949 million. It's a charming three-bedroom getaway with a swim-up pool. The listing is here.
--Actor Nick Zano has listed his West Hollywood home for $1.050 million. The property website is here.
-- L.A. Lakers' assistant coach Jim Cleamons has listed his Manhattan Beach home for sale at $1.399 million.
--Ryan Phillippe, recently bought a home in the Hollywood Hills for $7.175 million.
--Joely Fisher has relisted her Encino home for $3.295 million. It was listed at $4.75 million when it was our estate of the day last June.

From the Wall Street Journal's Private Properties:
--The Colorado home of the late singer Dan Fogelberg, Mountain Bird Ranch, has gone to contract. The most recent asking price was $15 million but it was listed for $17.5 million when we first checked it out in 2005.
--The former Hamptons home of "From Here to Eternity" author James Jones is being renovated and a developer plans to put it up for sale for $12 million to $14 million. It is listed as a "modern green home" and has solar panels and a geothermal heating system. The listing is here.
--Casa de la Paz, the La Jolla beachfront estate owned for four decades by actor Cliff Robertson has sold for $16.5 million. It was first listed for $28 million but was down to $22.5 million in September 2007 when we checked it out as an estate of the day. It is next door to the new home that Mitt Romney bought and the buyers of the Robertson home are John and Victoria Miller, the former national-finance heads of Mr. Romney's presidential campaign.

From the NY Times Big Deal:
--Mariska Hargitay and her husband Peter Hermann have put their Chelsea penthouse on the market for $8.25 million. The 4,900 square foot penthouse has more than 2,500 square feet of outdoor space and is built around a 16 ½-foot gold dome atop the O'Neill Building at 655 Avenue of the Americas. The listing is here.
--A New York apartment once owned by Britney Spears is back on the market. It was our estate of the day on Saturday.

From the NY Post's Gimme Shelter:
--Heidi Klum has sold her West Village penthouse for $5.35 million.
--Warner Music Group chairman Lyor Cohen is spending $6.8 million for a teardown in the Hamptons, which was listed at $5.5 million. Cohen has taken his Bridgehampton estate, wich was listed at $9.5 million, back off the market.
--Nora Ephron and Nick Pileggi paid $2.74 million for a second-floor flat with three bedrooms and 2½ baths at 136 E. 79th St.
--The Park Avenue apartments of former Treasury Secretary W. Michael Blumenthal and his late next-door neighbor,fashionista Diana Vreeland which were listed at $24 million are being purchased by Phyllis Mack, the wife of real-estate mogul William Mack.

From the NY Observer's Manhattan Transfers:
--Paul Risoli, the former Bank of America broker sentenced to seven months in prison this February for taking $12,500 in bribes, just sold his apartment to New York University's School of Law for $2.745 million.
--Sherman Cohen who bought the red-brick mansion at 603 Park Avenue nearly 20 years ago has reportedly never spent a night there. It's been on and off the market for years and is now listed at $35 million. It was our estate of the day on Friday.
--Goldman Sachs' senior strategist Abby Joseph Cohen has picked up an apartment at the Majestic on Central Park West sold by Michelle Grabanski and Bill Pohlad, the son of a Minnesota billionaire and a producer of Brokeback Mountain, for $7.5 million.

The Players Club, A Magazine For Pro Athletes

This week's New Yorker features an article about ex-baseball player Lenny Dykstra and his new luxury magazine aimed at professional athletes. The Players Club is being published by Doubledown Media which does other niche luxury mags such as Dealmaker and Private Air. The magazine isn't just to show the players how to spend the massive amounts of money they earn but also how to keep their wealth and make smart decisions so they don't join the ranks of players who earn millions and wind up in financial trouble just a few years later. The case of Latrell Sprewell springs immediately to mind but there are many other instances of athletes who have earned enough money to be set for life but end up in financial trouble.

Dykstra's magazine will have articles by past players as well as professional journalists (former Mets player Keith Hernandez will serve as food critic). The Players Club will have a circulation of 20,000 and will be spent to athletes in major sports leagues, soccer, professional tennis, the PGA, NASCAR, Formula I and others. Agents, team management, team offices and financial advisors will also receive the magazine. The circulation may be small but luxury advertisers have already committed to the magazine because of the audience. The Players Club will debut in April.

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