Reduced by $1 million: Another celebrity price chopper
Another celebrity seller has woken up and smelled the, er, market. From Ann Brenoff's Hot Property on LATimes.com: "In today's real estate market, sometimes the goddess of common sense has to give us a smack upside the head. Said goddess must have recently visited actress Joely Fisher, who just listed her Encino house again, this time at $3,295,000.
"It was listed last summer for at least $1 million more."
More, for you high-rollers who are actually interested in the house: "The compound is at the end of a long circular driveway and sits on a three-fourths-acre lot with views. There is a lagoon pool, pool house, sports court and rolling lawns. There also is a detached state-of-the-art THX home theater. The one-level contemporary was built in 1955 and substantially rebuilt in 2005. It has four bedrooms in 4,500 square feet. The living room has stone floors and a wood beamed ceiling."
Your thoughts? Comments? E-mail story tips to peter.viles@latimes.com
Photo Credit: Jeff Elson
Ouch. Less than she paid. And, based on Redfin, comps are between $1.9 and $2.5 mil.
Posted by: LA | June 04, 2008 at 05:06 PM
Ann Brenoff: What ever happened to the properties that Courtney Cox was flipping? She was making quite a name for herself.
Pete Viles: What ever happened to blog topics Grasso and Babajian? Are they in jail?
Posted by: Uncle Billy Climbs Mont Pelerin | June 04, 2008 at 05:51 PM
That pool looks like it should have been cleaned before the photo shoot.
Posted by: E | June 04, 2008 at 06:35 PM
Who is Joely Fisher?
Posted by: Mark Too | June 04, 2008 at 07:16 PM
E wrote: "...That pool looks like it should have been cleaned before the photo shoot...."
E,
Sorry buy no money left for a pool man...
Posted by: Laker | June 04, 2008 at 07:53 PM
Who is Joely Fisher? Good question and you won't get any answer from me. Normally, when a celebrity intrudes into my life accidently and tries to endorse a product/service or political candidate, I immediately make note to never patronize that or vote for it, sorry, him or her.
Posted by: MyLessThanPrimeBeef | June 04, 2008 at 08:20 PM
"this problem does't affect the better parts of LA"
was Mike's comments in the Napa Valley feels Pinch story
suggesting that the westside is unaffected.
Well Mike the house in this story in Encino and the Ed McMahon forclosure story is in Beverly Hills, sounds like a "better part" of LA to me.
Posted by: Nelcisco | June 05, 2008 at 02:08 AM
A house down the street from us is on the market for $7.5 mil. Been on the market for over a year. Big Taco Bell on about 20,000sqft. It has nothing to compare with the Encino house. No gym, no home theater, no view, no pool; just a lot of bedrooms, living rooms and kitchens. The savings from buying the Encino house would allow a person who works in Silicon Valley to commute via private jet. I knew a guy who commuted from Santa Ynez by private helicopter to LA everyday.
Things are slow but still insane up here in SillyCon Valley.
At least you guys in SoCal will be over the pain sooner than us - and can stop obsessing about real estate and can get on with your lives.
Peter and Commenters: Thanks for the daily fun read. You guys are the only reason I read the LAT
on the web.
Posted by: dilbert dogbert | June 05, 2008 at 07:14 AM
A house down the street from us is on the market for $7.5 mil. Been on the market for over a year. Big Taco Bell on about 20,000sqft. It has nothing to compare with the Encino house. No gym, no home theater, no view, no pool; just a lot of bedrooms, living rooms and kitchens. The savings from buying the Encino house would allow a person who works in Silicon Valley to commute via private jet. I knew a guy who commuted from Santa Ynez by private helicopter to LA everyday.
Things are slow but still insane up here in SillyCon Valley.
At least you guys in SoCal will be over the pain sooner than us - and can stop obsessing about real estate and can get on with your lives.
Peter and Commenters: Thanks for the daily fun read. You guys are the only reason I read the LAT
on the web.
Posted by: dilbert dogbert | June 05, 2008 at 07:14 AM
E wrote
"[T]hat pool looks like it should have been cleaned before the photo shoot."
It is a lagoon pool; it is supposed to look like that!
Posted by: Willie | June 05, 2008 at 08:56 AM
Joely Fisher is the daughter of Connie Stevens and Eddie Fisher. Celeb? Hardly.
Posted by: la voce bella | June 05, 2008 at 02:36 PM
"Joely Fisher is the daughter of Connie Stevens and Eddie Fisher. Celeb? Hardly."
Posted by: la voce bella | June 05, 2008 at 02:36 PM
Who are Connie Stevens and Eddie Fisher?
Posted by: Ragnar | June 06, 2008 at 07:08 AM