Billionaires and real estate celebrities: new homes on the market this week
From Nashville to Hollywood, the celebrity real estate market is at its peak this week with the sale of Elton John, Cupp Cupp and James Packer's multimillion-dollar mansions with all the amenities from wine cellars to saunas to movie rooms.
The huge Beverly Hills estate owned by billionaire James Packer is for sale by agents Santiago Arana of The Agency and Jade Mills of Caldwell Banker for $85 million.Australian billionaire James Packer has put a huge Beverly Hills estate, formerly home to Danny DeVito, Jennifer Lopez and Ben Affleck, up for sale for $85 million. The estate sits on a 1.2-acre lot and includes 12 bedrooms, 17 bathrooms, a paneled wine cellar, movie theater, cigar smoking room, gym and sauna.
If the Lake Tahoe estate formerly owned by casino mogul and hotel entrepreneur Steve Wynn, located on Nevada's "Billionaires Street," is sold for $76 million, it will be one of the most expensive real estate deals in the area.
The estate features a 12,661-square-foot main residential building, a guest house, a private beach and a marina.
Radio host and former "American Idol" show mentor Bobby Bones has lowered the price on his Nashville estate to $8.7 million.
The home is now $5 million more expensive than he paid for it three years ago, but $500,000 less than it went for in September of this year. This huge modern estate includes a renovated barn, swimming pool, guest house and basketball court.
The Atlanta apartment that Sir Elton John has owned since the early 1990s and used as a base for his U.S. tours is up for sale at $4.995 million.
This 13,500-square-foot home on the 36th floor of the apartment complex combined six units, including a gym, gallery and massage room.
Los Angeles Rams wide receiver Kupp Kupp is asking $3.5 million for his family's five-bedroom home, a guest house, a barn converted into a practice facility and four acres of land in Oregon.
The price has increased by a million dollars since he bought it in 2020, according to the Wall Street Journal.
Jenn Landon, known for her role as Teter on the hit TV series Yellowstone, has put her Venice Beach townhouse on the market for $1.8 million.
The buyer will get a two-car garage, bamboo floors, a two-story ceiling and a rooftop terrace with mountain views.
The Los Angeles real estate market has been in a precarious position after a new tax on luxury homes for millionaires was introduced, forcing celebrities such as Brad Pitt and Mark Wahlberg to sell their expensive properties before April 1. The market was booming before the law went into effect - sales of $5 million homes rose 35 percent above average in the first quarter of the year, real estate agents told the Hollywood Reporter - but the market went cold immediately afterward. A new law called Measure ULA adds an additional 4% tax on sales above $5 million and 5.5% on sales above $10 million. Sales of luxury homes, defined as homes in the top 5 percent for market value, fell 24 percent nationwide in the three months ended June 30, the Wall Street Journal reported.
Australian billionaire James Packer has put a huge Beverly Hills estate, formerly home to Danny DeVito, Jennifer Lopez and Ben Affleck, up for sale for $85 million. The estate sits on a 1.2-acre lot and includes 12 bedrooms, 17 bathrooms, a paneled wine cellar, movie theater, cigar smoking room, gym and sauna.
If the Lake Tahoe estate formerly owned by casino mogul and hotel entrepreneur Steve Wynn, located on Nevada's "Billionaires Street," is sold for $76 million, it will be one of the most expensive real estate deals in the area.
The estate features a 12,661-square-foot main residential building, a guest house, a private beach and a marina.
Radio host and former "American Idol" show mentor Bobby Bones has lowered the price on his Nashville estate to $8.7 million.
The home is now $5 million more expensive than he paid for it three years ago, but $500,000 less than it went for in September of this year. This huge modern estate includes a renovated barn, swimming pool, guest house and basketball court.
The Atlanta apartment that Sir Elton John has owned since the early 1990s and used as a base for his U.S. tours is up for sale at $4.995 million.
This 13,500-square-foot home on the 36th floor of the apartment complex combined six units, including a gym, gallery and massage room.
Los Angeles Rams wide receiver Kupp Kupp is asking $3.5 million for his family's five-bedroom home, a guest house, a barn converted into a practice facility and four acres of land in Oregon.
The price has increased by a million dollars since he bought it in 2020, according to the Wall Street Journal.
Jenn Landon, known for her role as Teter on the hit TV series Yellowstone, has put her Venice Beach townhouse on the market for $1.8 million.
The buyer will get a two-car garage, bamboo floors, a two-story ceiling and a rooftop terrace with mountain views.
The Los Angeles real estate market has been in a precarious position after a new tax on luxury homes for millionaires was introduced, forcing celebrities such as Brad Pitt and Mark Wahlberg to sell their expensive properties before April 1. The market was booming before the law went into effect - sales of $5 million homes rose 35 percent above average in the first quarter of the year, real estate agents told the Hollywood Reporter - but the market went cold immediately afterward. A new law called Measure ULA adds an additional 4% tax on sales above $5 million and 5.5% on sales above $10 million. Sales of luxury homes, defined as homes in the top 5 percent for market value, fell 24 percent nationwide in the three months ended June 30, the Wall Street Journal reported.
"The storm of activity that occurred before April 1 was impressive," real estate attorney Loretta Thompson told the Hollywood Reporter about the Measure ULA tax. "And, of course, after that, people started withdrawing their offers. "
George Clooney recently denied rumors of selling his luxury Lake Como home, which is part of his impressive real estate portfolio that includes a villa in Los Angeles, an estate on an English island and the Domaine du Canadel estate in France. The Lake Como home he bought from billionaire Heinz in 2002 is worth more than $100 million and ranks among the top celebrity real estate deals. Other owners of $100 million homes include Snapchat CEO Evan Spiegel and model Miranda Kerr, tech industry billionaire Larry Ellison, Microsoft founder Bill Gates, Amazon creator Jeff Bezos and Oprah Winfrey.
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