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Celebrity homes

Michael Jackson’s Neverland ranch listed with $100m hopes

Neverland

The former residence of pop megastar Michael Jackson – the infamous six-bedroom private home and fairground named Neverland – has been put up for sale with an asking price of $100million, according to the Wall Street Journal.  The property, which sits on 2,700 acres in the Californian Santa Ynez Valley, comes with a host of fairground rides, a train station, swimming pools and the set-up for a private zoo. These were all commissioned by Jackson himself, who bought the house and land in 1988 for $19.5million. It was originally built in 1981 with the original title of Sycamore Ranch Valley.  Neverland has been in limbo since Jacko’s death in 2009, but has been maintained in the meantime by real estate company Colony Capital LLC. Last year Owen Blicksilver, spokesman for … Continue reading

Show him the money! Tom Cruise lists Colorado home for whopping $76m

Tom Cruise's place

The Colorado estate owned by Hollywood superstar Tom Cruise – a seven-bedroom, nine-bathroom getaway befitting one of the world’s most successful actors – has just been put on the market for a massive USD$59million (approximately AUS$76million). According to agents Sotheby’s International Realty, the Mission Impossible star has been too busy with movies and scientology to spend much time up there in the mountains, which is why he decided to sell. The estate, built in 1994, comes with a “warm and inviting main house and story-book guest house,” according to the listing, “situated upon a rise overlooking the region’s towering 14,000-foot peaks.” The listing also promises that film buffs can check out nearby Telluride Film Festival, or the Telluride Ski Resort described as “the #1 ski … Continue reading

Joan Rivers’ palatial penthouse on the market for $28m

joan rivers apartment

The legendary New York penthouse most recently inhabited by late comedian Joan Rivers is now looking for a new owner – but they might have to fork out $28million for it. That’s the hopes for the seven-storey, eleven-room condo just off Fifth Avenue, which has not changed hands for a quarter of a century. A triplex penthouse apartment, it was built in 1903 and can be accessed via an exclusive elevator that opens into “one of the grandest rooms in Manhattan”. The home was originally built at the turn of the century by Horace Trumbauer for Gilded Age-era millionaires John and Alice Drexel, who were famous for their extravagant property purchases and decadent lifestyle decisions. As well as commissioning this building, they also had a tudor-style mansion built … Continue reading

Toni Collette sells Bronte home for $5.75m

toni collette

Toni Collette, star of Australian classic Muriel’s Wedding and TV series United States of Tara, has sold her home in Bronte, NSW for a reported $5.75million. Collette, who is based in LA with musician husband David Galafassi, sold the property shortly before Christmas. They bought the private hillside estate in 2011 for $5.5million, meaning this sale will not have covered their initial $325,000 stamp duty purchase outlay. The 5-bedroom residence is on a 1,100 square metre hillside block, “one of Bronte’s largest” – view the listing here.

Michael Jackson’s Neverland ranch could soon be for sale – would it fetch $70m?

Neverland

A spokesperson for the company controlling the Neverland estate, a private home and fairground built for the late pop superstar Michael Jackson, has stated that the property is being considered for sale – and that plans had been underway before the singer’s demise. Owen Blicksilver, spokesman for Colony Capital LLC, said that his company were still in talks as to whether the Californian ranch would be put on the market. Jackson handed over the title on Neverland to Colony Capital in 2008, but then died in June 2009 after an anaesthetic overdose. Before his death, the company had been discussing a renovation on the estate in preparation for putting it up for sale, with hopes of $70million or more. As well as rumours of celebrity purchases – Justin … Continue reading

Ellen & Portia ‘flip’ LA home to Sean Parker, net $15m profit

Ellen and Portia

They may be known as serial home buyers and sellers, but even for celebrity power couple Ellen DeGeneres and Portia De Rossi this ‘property flip’ is impressive. The chat show host and her actor wife have recently sold what is considered to be ‘the best home in LA’ to infamous tech giant Sean Parker only a year after they bought it themselves – and managed to get $15million profit in the process. Not too bad for a house they weren’t even planning on selling. DeGeneres and De Rossi reportedly bought the ‘Brody House’, described by many as ‘The Best House in LA’, for $40million less than a year ago. Despite not planning to ‘flip’ the purchase like they have with previous homes, Napster creator Sean Parker … Continue reading

Deepak Chopra finally sells apartment for $3.5m – to help pay for $14.5m unit

deepak chopra

Deepak Chopra, the author and ‘holistic health’ peddler who has recently bought a $14.5million ‘health-centric’ unit in Manhattan, has finally sold another New York residence he’s had on the market for over two years. The $3.5million Chopra netted for his two-bedroom apartment in Midtown, located on the 69th floor of the Park Imperial building, will go well to help pay for his recent move. He originally bought the unit back in 2003 for $1.75million, and was happy to show it off a few years ago on the modestly-titled CNBC show Secret Lives Of The Super Rich. The quantum healing and alternative medicine expert’s new unit is in Greenwich Village’s new-age Delos building, the brainchild of Wellness Real Estate – where he also reportedly sits on the building’s advisory board. … Continue reading

Annie Leibovitz, still broke, buys $11m NY apartment

Annie

She may still be in a huge amount of debt, but legendary photographer Annie Leibovitz still likes to splash out on new home now and then. And her most recent purchase, an $11.25million apartment in the Upper West Side of New York, means that she’ll be neighbours with Robert De Niro. $11.25million may seem a lot to spend for someone in the sort of high-profile debt Leibovitz has been in for a while, but it’s a bargain when considering the unit originally hit the market at $14.5million. It’s also worth noting that Leibovitz listed her West Village complex in late 2012 for $33million, meaning that an $11million home is technically some major downsizing. That particular property, a collection of three townhouses that Leibovitz had acquired and … Continue reading

Celine Dion’s Florida home takes dramatic price drop…of $10m

Celine

Of all the celebrity homes yet to find a buyer that are still lingering on the market from last year, the most extravagant example with the heftiest asking price may well be the Floridian waterfront estate owned by Canadian warbler Celine Dion. And it’s got so desperate that Dion has had to lower the asking price a little bit – it’s recently been reduced by $10million. Her five-bedroom mansion, sitting on nearly six acres of land in Jupiter Island, was put on the market in September of last year for $72.5million – the price that, apparently, just about covered the cost of both the original purchase of the property by Dion and her astounding renovations and additions commissioned while living there. However, the lack of … Continue reading

Posh & Becks sell iconic country house ‘Beckingham Palace’ for £11.5m

Posh and Becks

Celebrity power couple David & Victoria Beckham have sold their well-known English country estate – dubbed ‘Beckingham Palace’ by the UK tabloid press – to a prominent insurance tycoon…who, for a whopping £11.5million, got a few tidy motors thrown into the bargain. The Beckhams decided to sell their country home of fifteen years to move to a lavish townhouse in central London – and made quite a profit on it too, considering they purchased it for ‘only’ £2.5million after their wedding back in 1999. It’s thought that the sale to multi-millionaire Neil Utley, chairman of insurance company Hastings Direct, also included quite the bonus; namely an Aston Martin and two Jaguars from the Beckhams’ classic car collection. This sale follows on from the previous sale of the … Continue reading