November 2012

TheMReport — News and strategies for the evolving mortgage marketplace.

Issue link:

Contents of this Issue


Page 18 of 79

SOCIAL LIFE What do members of MReport's social media networks really want? Our fans and followers made their preferences clear, gravitating to celebrity home headlines that prove even the rich and famous can't escape the potential perils of the West Coast housing market. Property Wars California's Chateau d'Or Receives Price Reduction to $25M Famed Los Angeles man- sion Chateau d'Or is still on the market, but the property's sellers recently initiated a significant price reduction, dropping the astronomical listing from $40 million to "just" $25 million. Trending On: Facebook Popularity Points: Located in the city's Bel Air neighborhood, the 26,000-square-foot home boasts 15 bedrooms and 16.5 bathrooms, and may feature "some of the cheapest-looking French-inspired interiors ever made," according to Curbed. Billy Bob Thornton's Beverly Hills Estate Lists for $9.95M Listing his property in Los Angeles' most sought-after area for just under $10 million, Oscar- winning actor Billy Bob Thornton is moving on from his 11,012-square-foot mansion, a Spanish-style home built in the 1920s. Trending On: Twitter Popularity Points: RealEstalker reported that Thornton's beautiful estate comes with covetable Hollywood history, because Thornton, who purchased the home in 2000 with then-wife Angelina Jolie, bought the posh pad from famed Guns N' Roses guitarist Slash. Star Wars Actor Selling Studio City Manse for $2.65M Hayden Christensen, most famous for his role in the modern interpreta- tion of the Star Wars films, is selling his California abode. The actor's man- sion, located in Los Angeles' Studio City area, sits on three-quarters of an acre. Trending On: Twitter Popularity Points: The Los Angeles Times re- vealed that Christensen's 6,302-square-foot home includes an elevator, salt- water pool, and a three- car garage. Christensen is believed to have pur- chased the property in 2003 for $1.425 million. Oscar-Winning Actress Lists Pacific Palisades Home Hilary Swank has put her posh estate on the market for $9.495 million. The Oscar-winner has called the expansive California property home since 2007, when she purchased the property for a reported $5.8 million. Trending On: Facebook Popularity Points: According to Zillow, Swank's home is "A-lister worthy" and features such amenities as a home theater, gym, guest quarters, and a luxury pool, while RealEstalker speculated that Swank was motivated to sell her mansion following a sum- mer breakup with her long-time boyfriend. Friends Star Re-Lists Hollywood Hills Home Actor Matthew Perry has relisted his Los Angeles mansion after taking it off the market earlier this year. Perry's ultra-modern 4,100-square-foot home is now for sale at a slightly diminished asking price of $5.295 million, a $400,000 reduction off his original list- ing price of $5.695 million. Trending On: Twitter Popularity Points: Perry is supposedly depart- ing his Hollywood Hills estate in favor of a newly purchased property near the Sunset Strip, and in spite of the price reduction, Perry is set to turn a profit on the listing, with Zillow reporting that he bought the home in 2008 for $4.475 million. THE M REPORT | 17

Articles in this issue

Archives of this issue

view archives of TheMReport - November 2012