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Friday, October 7, 2011

October is the Month for Celebrity Price Cuts

The start of October brings cooler temperatures, falling leaves and Halloween plans and for some celebrities, it also brings a few real estate price chops.

Source: IMDb

Avril Lavigne’s house (below)
Current price: $8,999,999
Previous price: $9,500,000
Price cut: $500,001

Even mansions in the prestigious Bel-Air Crest neighborhood have a hard time selling. Singer Avril Lavigne first listed her home, pictured below, on the Bel-Air real estate market in mid-May for almost $10 million. Lavigne and her former hubby, Sum 41 singer Deryck Jason Whibley, picked up the gated and private estate in 2007 for $9.5 million. The 12,184-square-foot home has 8 bedrooms and 10.5 bathrooms. High-end features include Venetian plaster, gourmet kitchen, private gym, wine cellar and tasting room.


Source: IMDb

Kirstie Alley’s home
Current price: $1,990,000
Previous price: $2,350,000
Price cut: $360,000

Kirstie Alley’s Maine home, pictured below, may not appeal to everyone. Outfitted in floral chintz prints, pinks, mint green and baby blue, her home may appeal as a place for English tea time, rather than a Maine getaway. Outside of its super feminine decor, the Isleboro home for sale has extensive oceanfront views, an updated kitchen and master suite.




Dennis Quaid’s home
Current price: $10,000,000
Previous price: $13,900,000
Price cut: $3,900,000

“Major price cut,” exclaims the listing. This isn’t the first time Dennis Quaid’s equestrian estate, listed on the Brentwood real estate market, has had a price reduction. Quaid’s home, pictured below, was first listed at $16.9 million in March 2011 before facing a price chop in May. This price cut is the most significant at a -28.1 percent change in price. Although the home is within Los Angeles city limits, it sits on two lush acres with mature trees, lawns and private horse and hiking trails.


Source: IMDb

Wayne Brady’s home
Current price: $1,999,999
Previous price: $2,199,000
Price cut: $199,001

Even a one-of-a-kind treehouse couldn’t save comedian and game-show host Wayne Brady’s house from the price chopping block. Although the original asking price was lower than the $2.5 million Brady paid in 2005 for the home, mirroring the 5 percent drop year-over-year in median Sherman Oaks home values, the price apparently wasn’t low enough. Besides the unusual treehouse, Brady’s home includes floor-to-ceiling windows, custom lighting and a home movie theater.




LaDainian Tomlinson’s house
Current price: $4,900,000
Previous price: $5,210,000
Price cut: $310,000

This resort-like pad was L.T’s hangout during his years as a running back for the San Diego Chargers. Although he was traded to the New York Jets in 2010, his home didn’t hit the Poway real estate market until nearly a year later. The property consists of two parcels a little over 13 acres, and at 9,565 square feet, L.T’s home takes up quite a bit of the estate. The home, pictured below, includes a enormous pool and spa, home theater, outside cabana and full-size basketball and tennis court.


Source: IMDb

Janet Leigh’s former home (below)
Current price: $3,750,000
Previous price: $3,950,000
Price cut: $200,000

“Psycho” star Janet Leigh’s former home hit the Beverly Hills real estate market in April 2011, and despite the contemporary amenities and premier location, it underwent a significant price cut. Perching over L.A., Leigh’s former digs, pictured below, have 4,432 square feet of living space and 4 bedrooms and 4.5 bathrooms. And despite Leigh’s aversion to showers (an understandable fear considering the infamous shower slasher scene in “Psycho”), the home does have one.


October is the Month for Celebrity Price Cuts. Even the price of my listing of the Famed Zsa Zsa Gabor Estate has been cur from $15 million to $12.9 million. Click here for more details.
Los Angeles, Platinum Triangle, Beverly Hills, Real Estate, 90210, Bel Air, Holmby Hills, Sunset Strip, Hollywood Hills, Luxury Estates, Mansions, Celebrity Homes, Homes For Sale, Listings, Realtor, Real Estate For sale, Luxury Homes, Los Angeles Realtor, Bel Air Real Estate, Christophe Choo,

Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale

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