Do Celebrities Really Need This Much Space?

 

 

Johnny Depp

Sports, movie and pop stars make a fortune these days and you can see that wealth reflected in their homes. Some have 'collected' homes as if they were a hobby. Wouldn't it be nice if they limited themselves to just one cozy space so they could give more resources to making the world a more gentle place? Instead of a $40 million home, go small and buy one for just $20 million and give $20 million to saving wildlife, feeding the poor or finding water for those without access to it.

Anyway, here are a selection of celebrity homes and each of them own other homes besides the ones you see here.

 

Tom Brady

Jerry Seinfeld

Oprah

Will Smith

Brad Pitt and Angelina Joline 

REAL ESTATE: Want To Own Walt Disney's Home In Los Angeles?

 

 

The old Walt Disney Estate is for sale in Holmby Hill's in Los Angeles. The exclusive sub-division is located just west of Beverly Hills and south of Sunset Blvd. Lillian Disney (Walt's wife) brought the land in 1949 and built her dream house on it.

The house is 35,000 square feet and sits on four acres in the middle of urban Los Angeles. There are eight bedrooms and seventeen bathrooms.

You can own it for $90 million by Jay Harris of the The Agency.

REAL ESTATE: Aspen Second Home Can Be Yours For About $30 Million

 

 

Curb.com is reporting that Hedge Fund titan John Paulson has put his Aspen mansion up for sale for just about $30 million. Paulson, who is worth over $10 billion, made his money by 'shorting the sub-prime mortgage market', put his "Aspen Lakes Ranch up for sale since he wanted a bigger home.

Aspen Lakes Ranch has 8.4 acres of land. The home is 13,000 sq.feet and has "seven bedrooms, ten bathrooms, a stocked pond, a private sandy beach, and a guest house."

REAL ESTATE: Bronx Mansion Designed For Jesus

 

 

BusinessInsider.com is reporting that a Bronx mansion that was literally designed to be the home for Jesus when he returns to earth is now for sale to mere mortals. The mansion was built in 1928 by head of the New York Theological Society so that Jesus would have an appropriate home for the second-coming!

The price for the 14,000 square foot mansion for Jesus has been dropped to a mere $11 million! The home is set on a 2.3 acres and has a walk-in freezer, four wet bars (Jesus drinks?), a hot tub and distinguished detailing.

The home is being sold by Halstead Property team.

Real Estate: Lance Armstrong's New Home In Austin

 

 

Cyclist Lance Armstrong has sold his central Austin, Texas home and purchase a new one outside the city for $4.3 million. With over 12,000 square feet, he should have plenty of room to settle down and plan for his future. The home is modeled after a Cistercian abbey. The home rises above Lake Austin and has a long rope bridge that leads to a boat house. The massive wall like structure has four separate units.

SEE MORE PICTURES OF THE HOME HERE...

REAL ESTATE: Actor Will Ferrell's New York City Loft

 

 

BusinessInsider.com has given us a peek inside the New York City loft of Actor Will Ferrell and his family. The loft is located in a downtown building which was a century old former printing plant. There is 2,800 feet of space and it was in pretty bad shape when first purchased in 2010.

Here are photographs of Will and Viveca Paulin-Ferrell's home in New York.

Real Estate: See What $115 Million Buys You In Manhattan:

 

 

 

Billionaire Steven A. Cohen has listed his penthouse apartment on East 58th Street in Manhattan for $115 million. This is the second highest listing in the history of New York City. The unit has nine thousand square feet with four bedrooms and 5.5 bathrooms. Your monthly taxes on the property would be just $11,426.  That does count the maintenance and common charges of $13,357!    Of course the listing points out that it comes with a dishwasher too  If this meets your needs just call Corcoran Real Estate!  

Five Cities Where It Is Much Better To Buy Than Rent!

 

 

 

Want a great house that you can afford to purchase and fix up? Move to Detroit and start looking. Of course, you have to deal with the horrible job market in the city. However, if you want to be an urban pioneer and get the best house buy of your life, the Motor City is your place.

24/7 Wall Street picked the nine cities where it is so much better to buy than rent. Here are thee top five cities where home ownership costs the least compared to rent.

1. Detroit, Mich.

- Pct. savings, buying vs. renting: -70%
- Monthly cost of ownership: $338 (the lowest)
- Monthly cost of rent: $1,138 (4th lowest)
- 10-yr. employment change: -15.1%

Detroit has the lowest cost of home ownership, at just $338 per month. Home prices fell by 46.9% from peak-to-trough in the Detroit metro area during the housing crisis, one of the steepest drops in the country. As of last October, Detroit had the nation’s highest vacancy rate, at more than 12% of area homes. The next highest vacancy rate measured was just below 7%. Problems in the area extend far beyond the housing market. In January, 10.6% of workers were unemployed, among the highest rates in the nation. In order to keep the city solvent, Governor Rick Snyder recently appointed an emergency manager to force it to make deep budget cuts.

2. Cleveland, Ohio

- Pct. savings, buying vs. renting: -63% (tied for 2nd lowest)
- Monthly cost of ownership: $541 (12th lowest)
- Monthly cost of rent: $1,462 (48th highest)
- 10-yr. employment change: -6.3%

Cleveland ranks as one of the least expensive places to own a home, at an estimated average of just $541 a month. Despite this, the metro area ranks in the top half of all areas analyzed by Trulia for the cost of renting. The area’s economy has struggled in recent years. Its GDP has risen just 2.7% since bottoming out in the third quarter of 2009, among the lowest recoveries in the nation. Manufacturing, still a major part of Cleveland’s economy, has shed jobs throughout the past decade. Area manufacturing employment fell from more than 157,000 jobs in January 2003 to less than 122,000 jobs in January 2013.

3. Dayton, Ohio

- Pct. savings, buying vs. renting: -63% (tied for 2nd lowest)
- Monthly cost of ownership: $469 (3rd lowest)
- Monthly cost of rent: $1,278 (28th lowest)
- 10-yr. employment change: -8.0%

Home ownership in Dayton, Ohio, costs just $469 a month — the third lowest figure in the nation. This is despite the fact that home prices fell by just 26.2% peak-to-trough during the recession, a slightly smaller decline than the United States as a whole, at 28.4%. Like many cities in the Rust Belt, Dayton’s manufacturing sector has declined a great deal in recent years. Between January of 2003 and January of 2013, the number of manufacturing jobs in the area declined from more than 64,000 to just slightly more than 40,000.

4. Gary, Ind.

- Pct. savings, buying vs. renting: -63% (tied for 2nd lowest)
- Monthly cost of ownership: $560 (14th lowest)
- Monthly cost of rent: $1,518 (45th highest)
- 10-yr. employment change: -5.0%

Homeowners in Gary are estimated to save $958 a month by owning rather than renting,the eighth largest dollar difference in the nation. Home ownership costs an estimated $560 a month, among the lowest figures in the nation. In addition to long-term population declines, Gary has lost 5% of its jobs in the past 10 years. Founded by U.S. Steel in 1906, Gary is a shell of the manufacturing sector it was even 10 years ago; the area had 41,000 manufacturing workers in January 2003, versus just 36,300 in January 2013.

5. Warren-Troy-Farmington Hills, Mich.

- Pct. savings, buying vs. renting: -63% (tied for 2nd lowest)
- Monthly cost of ownership: $567 (17th lowest)
- Monthly cost of rent: $1,522 (44th highest)
- 10-yr. employment change: -11.8%

Despite its close proximity to Detroit, renters in the Warren area pay considerably more per month than those who rent in the Motor City. A typical rent in the area costs an estimated $1,522 a month, in the top half of all metro areas surveyed. By comparison, a typical rent in the Detroit area cost just $1,138 per month, the fourth lowest in the country. Owning a home in the area is also considerably cheaper than renting. A typical homeowner saves an estimated $955 per month versus renting — a larger dollar amount than in all but eight metropolitan areas.

SEE THE REST OF THE LIST HERE....

REAL ESTATE: New York's Most Expensive Apartment To Go On Sale

 

 

 

Got a quick $125 million in cash?

The Penthouse at the Pierre is going on the market in the next few days. You will have a great view but you will most likely have to treat it as somewhat of a 'fixer upper' unless you are into old fashion opulent design? If it sells at its asking price, this will be the most expensive ever sold in New York City.

What do you get for your money?

At forty-four stories you will have a 360 degree view of New York City. There is 12,000 square feet on three floors. You will find four terraces, five fireplaces, a spectacular marble staircase, a ballroom and sitting atop the Pierre Hotel you will have all the amenities of a hotel.

The price tag is just one part of the money cow that is required for this penthouse. The maintenance fees will run you near a half million dollars a year!

As you can see from the pictures, the penthouse is decorated in an old fashion opulent style. My guest is most buyers will have to soak more millions making it more contemporary and less 19th Century.

Elizabeth Lee Sample and Brenda Powers of Sotheby's International have the listing on the penthouse.

REAL ESTATE: Is This Monaco Penthouse Over Priced At $360 Million?

 

 

Now you can purchase a five story Penthouse in the second tallest skyscraper along the Mediterranean Sea's coastline. 'Tour Odeon' is located in Monaco and had to overcome serious opposition not only in the that small nation but also in neighboring France. The building sticks out like a sore thumb in a quaint old neighborhood of Monaco and also blocks views from the South of France.

Prince Albert green lighted the project now for a mere $360 million you can have the top five floors of the building and a living space of over 10,000 square feet. Included in the penthouse is a pool with a water slide from the story above.

There is no question there are spectacular views but the layout and lack of knock out elegance would make this place seriously overpriced except for the super-rich who have no cares about the price and long term value.