Bruce Willis is auctioning off some classic cars at the Bonhams auction being held at the The Petersen Automotive Museum in Los Angeles on October 25. The sale, which also includes Steve McQueen memorabilia and a diamond-covered matchbox car, will auction off five "muscle" cars from the collection of Bruce Willis. The most expensive is a 1968 Shelby Mustang GT500 convertible which has been carefully restored and is estimated to sell for $150,000 - 175,000.

The latest celebrity to open a restaurant is Bruce Willis. Willis, who was a bartender before he rose to fame, was also part of the Planet Hollywood restaurant chain. His new project is a partnership in Bowery Wine Co., a wine bar opening in the East Village area of New York City. The NY Post quotes owner Chris Sileo as saying that the new venue is upscale and loungy and will serve paninis, salads and desserts.

Many celebrities have gone into the restaurant business, some with limited success (remember Britney Spears's brief turn as restaurateur?). Many more however have added to their wealth by being a partner in a restaurant group or one restaurant. Check out the gallery below for a list of some of the successful celebs in the restaurant business.

From Bill Gaynor of Legacy Properties:
--Rock and roll impresarios Janet and Jack Boyle recently purchased a 5500 sq ft ocean front home in Kennebunkport for $3.55 million.
Dr. Neil Warren of E-harmony.com fame recently moved into another Kennebunkport estate. Neil and Marilyn Warren completed the construction of his 12,000 sq ft home that they paid $3,000,000 for in and is said to have invested another $3 million in the finish work.

From the NY Post's Gimme Shelter:
--Rumor has it that Britney Spears has been looking for a West Village loft in the $9 million price range.
Jessica Simpson has also been spotted touring New York listings including one on West 17th Street with a $3.99 million price tag.
--The co-op apartment that served as the office of late historian Arthur Schlesinger has already gone to contract after only two weeks on the market. The two-bedroom apartment had a $1.5 million asking price.
--After selling the townhouse on East 62nd Street that he owned for 20 years, director Martin Scorcese has bought another vintage home just two blocks away. He paid $12.5 million for a six-bedroom townhouse.

From US Weekly:
--Parents-to-be Nicole Richie and Joel Madden recently made an offer on a home in a gated Southern California community only to be denied by their potential neighbors over fears of the swarm of paparazzi that follow the couple.

From Berg Properties Celebrity Big Time Listings:
--Singer Michelle Branch has sold her five-bedroom, 5,296-square-foot house in Calabasas, Calif. for $2,940,000.
--Is Nicole Scherzinger, formerly of the Pussycat Dolls, the owner of the house that Daisy Fuentes sold last year in the Hollywood Hills?

From The Insider:
Earlier this week I mentioned that Michael Jackson's Neverland Ranch had entered the early stages of foreclosure but his representative says that he is just in the middle of refinancing.

From the NY Observer's Manhattan Transfers:
--Bruce Willis has bought the three-bedroom apartment of Donald Trump enemy Eugenia Kaye at Trump Place's 220 Riverside Boulevard for $4.26 million. Willis was reportedly renting a condo at Trump International on Central Park West for around $50,000 a month.
--Even though Mark Rachesky, the chairman of Leap Wireless, paid $20 million last year for an 18-room apartment at 998 Fifth Avenue, he and his wife, Jill, have now paid $33,444,500 for a duplex at 834 Fifth Avenue, where Rupert Murdoch owns a triplex penthouse. The couple haven't listed their 988 Fifth Avenue co-op yet. Billionaire Len Blavatnik, who we mentioned earlier this week for his possible $125 million apartment purchase, also bought an apartment there last year for $27.5 million.
Acotr/writer Peter Masterson and his wife Carlin Glynn have sold their penthouse duplex at 1165 Fifth Avenue for $10.875 million to hedge-fund star Brenda Earl.
--Mariska Hargatay spent $7 million last month for a a penthouse at the block-long O'Neill Building in the Flatiron District. Rock manager Cliff Burnstein and Sabra Turnbull also recently bought in the building, taking the second top-floor penthouse, for $7,215,000.

From the Real Estalker:
--The Real Estalker Mama does some digging and unearths the fact that Will Ferrell is the owner of one of the homes formerly owned by serial real estate lover and leaver Ellen DeGeneres. His home in the Hollywood Hills was listed at $9,900,000.
--Cinematographer Lance Accord has listed his gorgeously secluded home in the Beachwood Canyon area for $2.325 million (that's the pool, shown above). This one is amazing, check out the property website here.
-- Hillary Swank is looking for a place in New York and may have picked up a two bedroom unit in "Superior Ink" building in the far West Village (via NY Mag).
--Kanye West has relisted his home in Beverly Hills. He bought in February for $7,150,000 and has now relisted at $8,699,000. The property is in tear-down condition but does include plans for a two-story contemporary home. As the Real Estalker aptly notes, that's a whole lotta money for some plans.
--Star stylist Rachel Zoe has put her home on the market, it's our estate of the day later today.
--Robert C. Wright, the chairman and CEO of NBC Universal has put his penthouse at The Heritage at Trump Place" on the market for $14.75 million. Wright and his wife bought the nine-room residence in March 2007 for $10,695,000.
--Mariel Hemingway and Stephen Crisman have put their six-bedroom home in Westlake Village on the market for $3.199 million. The listing is here.
--Johnny Depp and Vanessa Paradis have purchased a 150-year-old mansion in Somerset, England.

From the LA Times Hot Property:
--Beck and his wife Marissa Ribisi have bought a home on the Estside for $7 million.
--Former hockey star Luc Robitaille and his family have bought a home in Santa Monica which was priced at slightly more than $4.6 million. Their house in Holmby Hills is still on the market for $3.849 million. The property webiste is here.
--Actor Malcolm Gets has listed his home in Los Feliz for $1.099 million. The listing is here.
--Michael Schur, Emmy-winning co-executive producer and writer on NBC's "The Office," and his wife, J.J. Philbin, co-executive producer and writer on NBC's "Heroes," have put their Miracle Mile home on the market at $1.649 million. The property website is here.

It's official, the former Aladdin resort in Las Vegas is now the Planet Hollywood Resort & Casino. Bruce Willis, Carmen Electra, Pete Sampras and Roger Clemens were among those who turned out on Tuesday for the official announcement that the hotel will celebrate its grand opening as the rebranded Planet Hollywood Resort and Casino on Sept. 28 and 29. Willis promised that the resort will throw the biggest party Las Vegas has ever seen. The resort has been undergoing a $1 billion makeover, turning the Arabian-themed resort into a resort with a movie theme. The resort, like the Flamingo which we mentioned recently, is going for a bit of retro chic.

In total the resort will have 2,600 movie-themed guest rooms and suites and two 50-story towers with 1,200 time-share residences that will open in 2009. The resort will include the New York steak house Strip House and a Vegas version of the popular restaurant Koi. as well as a sports lounge that serves the famous Pink's hot dogs from Los Angeles. The show called "Stomp Out Loud," has opened at the property in a new $28 million theater and there is also a show by magician Hans Klok with Carmen Electra as an assistant for three months. The former Desert Passage shopping mall is now the Miracle Mile Shops at Planet Hollywood and will include the first Las Vegas H&M. Rooms start at around $200 per night.

[via AP]

From the LA Times Hot Property:
• Seal and Heidi Klum have put their one-story Bel-Air estate on the market at $5.5 million. They purchased the nearly 2-acre property for about $4.3 million last year. You can find the listing for the beautiful contemporary home (shown) here.
• James Lesure, who stars on "Las Vegas" has bought and remodeled a $1.2 million home in Glendale.
• Sandy Gallin, the producer of "Buffy, the Vampire Slayer" and "Father of the Bride," and the former manager of Dolly Parton and other stars, has bought his 34th house to remodel. The latest project, in Beverly Hills cost him just under $7 million.
• Tawney Kitaen has bought two units next to each other in the Sierra Towers in West Hollywood for $4.2 million. Oddly enough, Kitaen previously owned the units but sold them a year ago for a total of $3.2 million to buy a house in the area. She then decided that she missed them so much she bought them back.
• Former Real World participant Tami Roman has listed her Chatsworth home at $1.75 million. The six-bedroom home has four fireplaces, a pool and spa. The listing is here.

From the NY Post Gimme Shelter:

• Qatar's Prince Abdul Aziz al-Thani who paid $6.2 million for a three bedroom condo at the Trump Park Avenue now owes  $16,271.14 in maintenance fees to The Donald's company.
• Developer Morris Moinian paid $12.5 million for s six-story townhouse of 10,000 square feet.
• Bruce Willis is paying $60,000 a month for a four-bedroom condo on a high floor at Trump International Hotel & Tower.
• You can purchase a slice of Newport, Rhode Island luxe, Bois Dure, a Frenchified 1928 manse for $5.9 million. You can find the listing, with pictures of the beautiful ballroom and dining room here.

From Forbes Movers and Shakers:

• The spectacular Champ d'Or is back on the market for $35 million, a $10 million discount from the $45 million it was listed at back in 2004.
• A Manhattan townhouse owned by  Arthur L. Carter, publisher of The New York Observer, has gone to contract. It was on the market for $34 million.