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Real Estate News

August 13, 2012

Celebrities Making Big Real Estate Moves

Syndicated — Summer is heating up, and so is celebrity real estate. In the past couple of weeks, many luxury homes have been bought, sold and rented by the rich and famous. Here are a few A-listers who have recently made big moves on the housing market:

Nicky Hilton

Source: IMDb

Big move: Listed her West Hollywood home for sale at $2.95 million or for rent at $15,000 per month

The Hilton family has all the right connections, even when it comes to real estate. In fact, Nicky's father, Rick Hilton, is the chairman of the brokerage selling her home, Hilton & Hyland.

The fashion designer and hotel heiress's 4,072-square-foot home at 1307 Sierra Alta Way, Los Angeles CA 90069 has 3 bedrooms, 4.5 bathrooms and a large outdoor entertaining area with a pool, waterfall and fireplace.

Kimora Lee Simmons

Source: People.com

Big move: Sold her Beverly Hills home for $4.55 million

The fashionista and reality TV star parted ways with the 6,000-square-foot Los Angeles-area property she purchased in August 2007, around the time she settled down with current husband, Djimon Hounsou. The home's recent listing sparked rumors that the ex-Phat Farm exec had split with the "Gladiator" star; however, selling had been on her mind for many years.

The home at 9551 Lime Orchard Rd, Beverly Hills, CA 90210 was first put on the market for $5.695 million in 2010 but was later removed when a buyer was not found. The home was re-listed for $4.65 million in May. After dropping over $1 million, the 6-bedroom, 8-bathroom home sold in about two months.

Tiger Woods

Source: Wikipedia

Big move: Sold his Corona Del Mar, CA condo for $2.214 million

For Woods, 2616 Ocean Blvd, Corona Del Mar, CA 92625 was more than just a home by the sea. According to neighbors, the golfer used the location as both a hideaway for his former mistresses and a retreat for his family.

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