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Sunday Real Estate Round-Up, 10/05/08


From the Real Estalker:
--Celebrity hairstylist Serge Normant has put his New York penthouse on West 16th Street, shown above, on the market for $4.49 million. The listing is here.
--John McCain's former home in Phoenix, Arizona will now be sold at auction on October 25. It was our estate of the day back in July.
--Teen actress Vanessa Hudgens has picked up a home in Studio City for $2.75 million. The home has six bedrooms and over 5,000 square feet.
--Rumor has it that Kimora Lee Simmons has bought herself new house in Beverly Hills.
--Will and Grace co-creator Max Mutchnick and his partner Erik Hyman have sold their Manhattan apartment for $4.1 million.
--The Harvey Mudd estate in Beverly Hills is for sale. It is our estate of the day later today.

From the NY Post's Gimme Shelter:
--Natali Portman has gone to contract to sell her apartment in Richard Meier's tower at 165 Charles St. The condo last had an asking price of $6.55 million.
--The price of Dunnellen Hall, Leona Helmsley's Greenwich, Connecticut home, has been lowered by $30 million to a still astounding $95 million. Check out the pictures from when it was our estate of the day back in June.
--The listing of the "Astor Suite" at the Plaza for $55 million was pulled after one day and other listings have disappeared without buyers but 26 apartments are still listed.
--The $70 million listing at the Pierre Hotel has been pulled from the Brown Harris Stevens website.

From the LA Times Hot Properties:
-- Screenwriter, crime novelist and political blogger Roger L. Simon has listed his home in the Hollywood Hills for sale at $2.625 million. The listing is here.
--A Beverly Hills home built in the 1920s for Errol Flynn and now owned by composer Lee Holdridge is listed at $3.2 million. The listing is here.

From the Wall Street Journal's Private Properties:
--Lehman Brothers Holdings' former chief financial officer, Erin Callan, is in contract to sell her two-bedroom condominium in New York's 15 Central Park West which had been listed at $12 million. Callan paid $6.48 million around three years ago.
--Ronald Tutor, chairman and chief executive of building contractor Perini Corp., paid $36.7 million for a massive, not-yet-completed house in the Beverly Park gated community which had been listed at $49 million.
--The widow of Steven T. Florio, the former CEO of Condé Nast Publications, has listed their waterfront Key Largo, Fla., vacation home on the market. We'll check this one out on Monday.

From Berg Properties Big Time Listings:
--via the Chicago Tribune, Ty Warner, founder of the Beanie Babie empire, reportedly has gone to contract to purchase the Chicago Spire's penthouse unit, which had been on the market for $40 million.
--Vivica A. Fox has her put her home in the Granada Hills area on the market for $1.45 million. Records show that the bought in 2002 for $825,500. The virtual tour is here.

From the NY Observer's Manhattan Transfers:
--Lehman's ousted president and chief operating officer Joseph M. Gregory has already his home on Park Avenue. He bought the two-bedroom apartment for $2.85 million back in 2004 and sold it earlier this month for $4.4 million. His Hamptons estate was previously our estate of the day and is on the market for $32.5 million.
--Mark Goldstein, a veteran Bear Stearns leveraged finance banker who became the co-head of its European investment banking last year has listed his apartment on Park Avenue for $12 million. He spent $5,275,000 in 2006 to buy two apartments which have now been combined. The listing is here.
--Hairstylist Guido Palau spent $1.9 million on a Chelsea brownstone duplex on West 22nd Street, according to city records
-- Democratic Party fund-raising stars Carl Spielvogel and Barbaralee Diamonstein-Spielvogel are in contract to sell their seventh-floor apartment at 720 Park Avenue for around $37 million, though they paid only $20 million just two years ago.
--Last week, while the Fed was agreeing to bailout A.I.G., recently retired AIG executive vice president Robert M. Sandler bought a $3.45 million apartment at the Hampshire House on Central Park South. He and his wife, Annette, paid in cash.

From Newsday's Real LI:
--Interior designer Lorraine Kirke has lowered the price of her East Hampton mansion to $11.5 million, the latest stop on a slide down from $14.5 million last year. The listing is here (no interior pics).

From the Daily Mail:
--The Candy brothers want to convert the US Embassy site in Grosvenor Square into luxury flats after the American Ambassador announced it was moving to south London. These could become some of the most expensive units in the world.

From the Dallas Morning News:
--An interesting piece on Terrell Owens real estate investments. T.O. owns six townhouses and condos in the city, valued at more than $2.5 million based on tax records.

John McCain's Former Home, Estate of the Day


Today's home in Phoenix, Arizona was once the home of John and Cindy McCain. The home, on over two acres, was Cindy McCain's childhood home, where she was raised as a privileged beer distributor's daughter. When the McCains lived there they spent $250,000 remodeling the home back in the 1980s. In 2006, the couple downsized into a condo and put the home on the market. When I first heard about it in 2006, they had a bit of trouble selling the house, listing it for around $3.75 million.

The current owner is going for a bit more. They have listed the home, which has seven bedrooms in the main house and two bedrooms in the guest house, for a hefty $12 million. The home includes a master suite with a Mexican-tiled private patio with a spa and built-in fireplace and seating. The gourmet kitchen has slate floors, granite counters and heavy commercial stainless steel appliances. The guest house also has an attached his/her dressing cabana. More pics at the virtual tour. It seems to have had quite the renovation since the McCains lived there. Check out the pics from 2005 when Architectural Digest visited the McCains. It's virtually unrecognizable except for certain telling details like the fireplace in the master bedroom. I have to say, I prefer Cindy McCain's version of this house.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Gallery: McCain's Phoenix Home

Continue reading John McCain's Former Home, Estate of the Day

John McCain's New Digs

We mentioned a while back that John McCain and his wife, Cindy were trying to sell their house. Now check out their new digs. KVOA reports that they have spent $4.66 million for a luxury condo in Phoenix. Cindy McCain's trust is buying two condos at 2211 Camelback, a new condo tower that has a rooftop pool and concierge services. The building has original artwork, a resident "party room" with a separate guest entrance from porte-cochere, fireplace, 50" plasma screen television, wet bar and catering kitchen, business and fitness centers. Construction should be done by the end of the year. The political duo will be combining the two apartments to create a nearly 7,000-square-foot residence, which is large but still quite a bit smaller than their 11,000 square-foot old house (which according to the listing is still on the market).

John McCain Says Buy My House

The Arizona Republic brings our attention to Senator John McCain's Arizona house, which has been on the market for three months hasn't sold yet. The McCains have reduced the price of the house to $3.75 million. The nine-bedroom home in North Central Phoenix was featured in the July 2005 issue of Architectural Digest. Mrs. McCain grew up in the home which includes a pool and surveillance cameras. The couple is said to be looking to downsize.

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