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Real Estate News

January 16, 2012

Engagement Rings Could Spark Real Estate Swaps for Celebrity Couples

- — Call it the season of ring bling. Beyond the usual gifts exchanged the past holiday season, some Hollywood stars and Grammy-Award winners got an added holiday bonus and took the first, formal step in tying the knot. Britney Spears, Anne Hathaway, Drew Barrymore and Jessica Biel are just a few of the gal celebs whose gifts included engagement rings.

That means this looming, A-list of impending wedded bliss could signal the start of real estate moves as the stars consolidate, downsize or realign their real estate holdings in preparation for the next stage of their relationships.

In anticipation of that potential, here are some of the homes these lovebirds own and might be sending to the market sometime soon.

Anne Hathaway

New York, New York

For the doe-eyed co-star of "The Devil Wears Prada" and Academy-Award nominee for her role in "Rachel Getting Married," the proposal came from her longtime boyfriend Adam Shulman over Thanksgiving weekend. The couple has been dating since 2008 and Hathaway now has a chunky emerald-cut ring to show off the engagement.

Hathaway has long called New York home (she previously rented a penthouse), but has more recently been living in a 1,153-square-foot condo, pictured below, in the Sutton Place neighborhood of Manhattan that she purchased for $1.6 million in 2007.

The building is a mix of hotel and condo units with full concierge service, floor-to-ceiling windows and terrace balcony. Hathaway's condo has 2 bedrooms, but with only a little over 1,100 square feet, Hathaway may be looking for a little more room to roam with her husband-to-be after the wedding.

Britney Spears

Thousand Oaks, CA

We recently detailed Britney Spears' variety of real estate wheelings and dealings, including her most recent rental home in Thousand Oaks. Spears picked up the new home shortly before the announcement of her engagement to her former manager, Jason Trawick.

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