dean martin

Nicolas Cage's Former Home Sells For $10.5 Million

Filed under: Estates

The LA Times reports on another twist in the saga of Nicolas Cage's former Bel-Air estate. Cage had bought the Tudor-style home in 1998 from Tom Jones for $6.469 million and it was also owned by Dean Martin. While it was once listed at high as $35 million several years ago, Cage was unable to sell at an acceptable price and ended up losing the property to foreclosure earlier this year. An auction at the county courthouse in Pomona, California back in April failed to bring out any bidders and went back on the market for $12.75 million.

Now a new owner picked up the mansion for $10.5 million. The buyer was identified as a limited liability company so there is always the possibility that the 1940 Tudor is once again in celebrity hands. The property entered escrow at the end of July but didn't close until this week because the IRS had 120 days to decide if they wanted to buy it. There's good news for fans of the house, the owner has hired a restoration architect to restore the home which was designed by architect Gerard R. Colcord. The home is on an acre of land and has six bedrooms, a lavish movie theater, stained glass, carved woodwork and other classic details.

Tags: bel air, bel-air, dean martin, los angeles real estate, nicolas cage, tom jones

Sunday Real Estate Round-Up, 07/18/10

by Deidre Woollard (RSS feed) —

Filed under: Estates, Celebrity Shopping

From the LA Times:
The Tuscan-style villa in the Beverly Hills Post Office area used to film the VH-1 show "Ochocinco: The Ultimate Catch," starring Cincinnati Bengals wide receiver Chad Ochocinco, is on the market for $13.5 million. The home has a great room with 28-foot-high coffered ceilings, a drop-down projector and a 15-foot retractable screen (shown above). The listing is here.
--A Beverly Hills home owned by entertainer Dean Martin in the 1980s has come on the market at $4.495 million.
--Designer Rachel Ashwell, the creator of the Shabby Chic brand, has sold her Malibu cottage for $3.55 million.

From the NY Post:
--Lady Gaga has been spotted checking out the same $21,000-a-month penthouse rental at 304 Spring St. that other celebs including director Baz Luhrmann have visited recently. The listing is here.
--Joe Torre's former Westchester residence is up for auction. The six-bedroom mansion in New Rochelle, New York had originally been listed at $2.695 million. It is being auctioned off by Bidonthecity.com on July 20.
--Bidonthecity.com is also auctioning off a piece of music history, the Pelham, New York childhood home of Rock and Roll Hall of Famer Felix Cavaliere. Cavaliere's band, The Rascals, wrote and performed classics like "Groovin' " and "Good Lovin'." The five-bedroom home was originally listed at $1.095 million. It is also up for auction on July 20.

From the Wall Street Journal's Private Properties:
--Software-company founder Frank Pritt has relisted his Orange County mansion for $49.6 million, down from the $75 million he originally sought in 2006. We've been following the story of Pritt's Portabello mansion since 2006. The 22,000-square-foot beachfront estate in Corona del Mar, California has even been seen on "Oprah." It was pulled off the market last year.

Gallery: Portabello Estate

--A Massachusetts estate once listed for $23.5 million has been sold, divided, for $11.45 million in total. A carriage house on the property sold last year for $2.25 million. In June, the rest of the estate sold for $9.2 million. It was our estate of the day in 2008.

Gallery: The Wyck Estate

Tags: celebrity real estate, Chad Ochocinco, dean martin, felix cavaliere, janice min, jim morrison, Joe Torre, Lady Gaga, mel brooks, rachel ashwell, scott baio

Continue reading “Sunday Real Estate Round-Up, 07/18/10”

Sinatra & Dean Martin Cars Up for Auction

by Jared Paul Stern (RSS feed) —

Filed under: Luxury Cars & Autos, Auctions, Celebrity Shopping

Classic cars owned by Rat Pack-ers Dean Martin and Frank Sinatra will be auctioned off in Carmel, CA on August 14 during Bonhams' annual Collectors' Automobilia and Motorcars sale at the Quail Lodge Resort and Golf Club. Sinatra's car is a 1958 Cadillac Eldorado Brougham, estimated at $275,000 - $325,000, and Martin's is a beautiful 1962 Ghia L6.4 coupe (above), one of only 26 made by Italian coachbuilder Carrozzeria Ghia, estimated at $185,000 - $225,000. Both cars have bespoke touches; Sinatra's Caddy features an original set of magnetic shot glasses and a cigarette case in the glove box, while Martin's Ghia comes with set of custom fitted calfskin luggage matching the tan leather upholstery.

[via Duncan Quinn]

Tags: Bonhams, Cadillac, California, Dean Martin, DeanMartin, Frank Sinatra, FrankSinatra, Ghia, Rat Pack, RatPack