Find Real Estate Agents and Homes for Sale


Real Estate News --> News

LAs Top Celebrity Real Estate Of 2011: Big, Bigger And Biggest


Welcome to the world of celebrity real estate, where unbelievable coastal and city views, waterfalls, and biometric-secured wine cellars seem to come de rigueur, and the homes are so big that sometimes only aerial photographs can do them justice.

View Story

Welcome to the world of celebrity real estate, where unbelievable coastal and city views, waterfalls, and biometric-secured wine cellars seem to come de rigueur, and the homes are so big that sometimes only aerial photographs can do them justice. But alas! This year -- more than any other -- proved that celebs, just like us, are subject to the highs and lows of the housing market

In 2011, stars listed and sold at a loss, consolidated and downsized, unloaded homes post-split, and even quit the city to settle in the 'burbs

Who were the biggest names making the biggest moves in the Los Angeles real estate scene this year? Here's our year-in-review of celebrity homes. LA's Top Celebrity Real Estate Of 2011: Big, Bigger And Biggest Celeb Real Estate of the year Celeb Real Estate of the year 1 / 11 Candy Spelling's Mansion: Asking Price Of $150 Million Only an aerial shot of this massive compound could do justice to the 57,000-square-foot mansion that once belonged to the late-Aaron Spelling and his wife, Candy. "The Manor" has been on the market since 2009, when Candy listed it at $150 million

It languished there until June of this year, when 22-year-old Petra Ecclestone (heiress to the Formula One fortune) paid <a href="http://moneyland.time.com/2011/11/02/9-of-the-priciest-homes-in-america/slide/6-holmby-hills-manse-65-million/#6-holmby-hills-manse-65-million" target="_hplink">$85 million in cold hard cash for it</a>

Since then, Candy has temporarily relocated to a 6,000-square-foot unit along the Wilshire corridor while she waits for her new Century City penthouse unit to be constructed

Can you imagine the job of downsizing here? Actually, you don't need to imagine anything because <a href="http://www.hgtv.com/selling-spelling-manor/candy-spelling-sells-home/index.html" target="_hplink">HGTV did a show on Candy </a>and her moving stress

"It wasn't just 56,500 square feet, I had 17,000 square feet of attic and I had to do it in 30 days," <a href="http://www.huffingtonpost.com/2011/12/20/candy-spelling-dog-mansion_n_1161402.html" target="_hplink">she told The Huffington Post</a>

"I had to put all the emotions aside and [say], let's organize this and get this done

It was time." <strong><a href="http://www.huffingtonpost.com/2011/06/13/candy-spellings-mansion-s_n_876407.html#s134603" target="_hplink">Check out photos of Candy Spelling's former mansion</a>.</strong> Realtor.com Download - Anna Almendrala Healthy Living Editor Ann Brenoff Senior Writer/Columnist, The Huffington Post
Move Launches Find™ App for Real Estate Professionals
  • Mortgage rates recede for 4th week (Bankrate.com)
  • ‘Superstore’ Star Ben Feldman Lists Updated Post-and-Beam Near Runyon Canyon in the Hollywood Hills
  • Owner Of Hartford Mortgage Company Pleads Guilty To Fraud Charges
  • The Real Estate Book Feeds Its Online Listings to PropertyPursuit.com, a Broker-Centric National Real Estate Portal (Business Wire via Yahoo! Finance)
  • Equity International Announces First Investment in Brazilian Real Estate Finance (Business Wire via Yahoo! Finance)
  • Can you still get a 5% mortgage? (CNN Money)
  • Trump officially picks Exxon CEO as secretary of state
  • Apollo Commercial Real Estate Finance, Inc. Announces 2009 Financial Results (Marketwire)
  • NewBridge Bank to Acquire Bradford Mortgage Company (dBusinessNews.com)
  • Mountain real estate ends 2009 on high note (Hamilton Mountain News)
  • Further scrutiny for real estate agent
  • Vail Valley real estate agent featured in magazine
  • Getting mortgage relief an uphill battle (MSNBC)
  • Real estate agent accused in builder kickback scheme worth $5 million
  • Georgias Largest Real Estate Broker, Metro Brokers, Joins Better Homes and Gardens Real Estate (Marketwire via Yahoo! Finance)
  • BC to Ban Real Estate Agents from "Double-Ending"
  • 10 “Must Do’s” to Land and Keep Big Commercial Real Estate Investor Clients (Part 1)
  • Obama Mortgage Aid May Be Extended to More Low-Income Borrowers (Bloomberg)
  • Vail: Sonnenalp Real Estate has new owners (Vail Daily)