Sunday Real Estate Round-Up, 08/24/08
Filed under: Estates, Celebrity Shopping

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


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