Beach Boy Mike Love Reduces His Pebble Beach Home by 12% – Wall Street Journal
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- 6 July, 2012
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Mike Love, a member of the Beach Boys, has cut the price of his 8,995-square-foot Pebble Beach estate near Monterey, Calif., by 12% to $ 6 million. The property was first listed in 2009 for $ 7.9 million.
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Built around 2003, the Tuscan-style house has seven bedrooms and seven bathrooms and sits on an acre in Pebble Beach, the coastal community known for its golf courses. An elevator services all four levels of the home. A lower basement level has a wine cellar and tasting room, a game room, a gym and a screening room. A guest apartment attached to the home has a separate kitchen.
Mr. Love says he and his wife, Jacqueline, are selling because their children are grown and aren’t going to school in Pebble Beach anymore. “It is a lifestyle change,” says Mr. Love’s wife. The couple’s primary residence is in Incline Village, near Lake Tahoe, and in recent years they used this house as a vacation home.
Steve Beutel and Noel Beutel of Sotheby’s International Realty have the listing.
A Montana Ranch Goes on the Market for $ 10 Million
Richard Childress, a former Nascar driver and current Nascar team owner, has put his 626-acre ranch near Emigrant, Mont., on the market for $ 10 million.
Called Grizzly Meadows Lodge, the 11,028-square-foot home has six bedrooms and eight bathrooms. It is being sold furnished, including 14 televisions, 11 all-terrain vehicles and custom wood furniture. The ranch sits in Paradise Valley, by the northern entrance to Yellowstone National Park, and borders public land. Mr. Childress bought the property in 1993, renovating and adding to it over the years, spending roughly $ 9 million total.
Mr. Childress, who was a Nascar driver for about 20 years, used the ranch as a vacation home and a corporate retreat but now he is selling because he spends more time at home in North Carolina, managing his nine Nascar racing teams and helping his grandsons launch their own racing careers. “I only went a few times this last year, so I think it’s time to buy something closer to home,” he says.
Sally Uhlmann of PureWest Properties, a Christie’s International Real Estate affiliate, has the listing.
A Private Island in Maine Asks $ 4.9 Million
A 24-acre island in Portland Harbor, less than two miles off the coast of Portland, Maine, is asking $ 4.9 million.
Called House Island, the property has five private beaches and views of Portland and Casco Bay. There are three cottages as well as Fort Scammel, an 1808 fort that was used in the War of 1812. The cottages are small, each between 1,200 and 2,000 square feet.
Owner Harold Cushing inherited the island from his mother, Hilda Cushing-Dudley, who purchased the property more than 50 years ago in an effort to preserve the fort. For decades, Mr. Cushing has run a private tour company that hosts private events on the island, but now he’s ready for a change and a new adventure, says listing agent John Scribner of LandVest in Portland.…
Celebrity Real Estate: Mike Love, Ryan Phillippe are selling – msnbc.com
- By admin
- 1 July, 2012
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By Zillow staff
In celebrity real estate circles a few homes returned to the housing market. Actor Ryan Phillippe’s house is for sale again, this time at a reduced price and Beach Boys’ Mike Love relisted his estate in Pebble Beach.
Ryan Phillippe’s home back on the market for $ 6.995 million
Zillow
This vine-covered estate has been owned by Ryan Phillippe since his divorce to Reese Witherspoon.
Real estate can be restorative, or perhaps that’s what actor Ryan Phillippe was hoping when he bought a new home coined “Rising Zen” after his divorce from actress Reese Witherspoon.
After two years at the peaceful estate, Phillippe was ready to move on and put the property on the Hollywood Hills real estate market for $ 7.45 million in late 2010. However it wasn’t the best timing for selling. With the steady downtick of home prices and strong recession hitting much of the U.S., Phillippe’s home didn’t sell, and the listing was removed in 2011.
Seven months later, with a 6.1 percent price cut and new real estate agent, Phillippe is trying the market again. The home is listed for $ 6.995 million with Billy Rose of The Agency.
Built in 1998, the home was coined “Rising Zen” due to its combination of Asian and modern architecture. While the 5-bedroom, 6.5-bathroom count of this home is impressive in itself, the amenities that are even better. The home features a state-of-the-art, two-story gym directly off the master suite, a media room, art studio, koi pond, step-down bar with an aquarium backdrop, cook’s kitchen with breakfast area, and floor-to-ceiling windows that offer fantastic city views.
According to Zillow’s mortgage calculator, a monthly payment on Phillippe’s home would be $ 25,157, assuming a 20 percent down payment on a 30-year mortgage.
Zillow
The galley kitchen has high-end finishes and stainless steel appliances.
Zillow
The pool area has views of the Los Angeles skyline.
See more photos of Ryan Phillippe’s home on Zillow.
Beach Boy would love to sell Tuscan-style Pebble Beach style
Zillow
Mike Love’s home includes several patio and deck spaces.
Mike Love has not changed his mind. The Beach Boys’ baritone still wants to sell his Pebble Beach, California, home that has been re-listed for $ 5.995 million.
The Tuscan-style home has been on and off the market since 2008, when it was first listed for sale at $ 7.875 million.
The frontman’s crash pad is up the coast from where he and his cousins Brian, Carl and Dennis Wilson, along with Al Jardine, created the lush sounds that changed pop music.
With seven bedrooms and six bathrooms, the nearly 9,000-square-foot house is a haven for good times, complete with formal and informal dining spaces, generous patios, wine cellar, elevator, exercise, entertainment and game rooms plus views of the Pacific Ocean.
Love and his wife, Jacqueline, told The Wall Street Journal that the reason for selling is a lifestyle change, now that their children are out of school. However, Love and his family have long made Lake Tahoe their primary residence. The family lives in an 18,000-square-foot home in Incline Village on the Nevada side of the lake.
Love also owns a co-op apartment on the Upper East Side of New York City that he and his wife teamed to remodel. The 3-bedroom, 3-bathroom condo at 300 E. 93rd Street had been listed for sale in late 2009.
Love, Brian Wilson and Jardine have reunited and are currently touring worldwide again as The Beach Boys, winning rave reviews for concerts across the U.S. and their new album, “That’s Why God Made Radio.”
Zillow
Marble floors and columns dominate the interior of the home.
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