• Katy Perry lost more than a million dollars on this home
  • Reese Witherspoon lost nearly $1 million when she sold this ranch
  • Jordan failed to sell this home and is still waiting for a buyer
  • MacDowell lost $25,000 when she sold this place after only owning it for 9 months
  • Duff lost $30,00 on this bachelorette pad
  • Ryan Phillipe lost $1.755 million when he sold this house
  • It took Christina 2 years to sell this home, and she got $2 million less than she wanted
  • Walsh lost $75,00 when she sold this Los Feliz mansion
  • Olivia Wilde lost $100,00 when she sold this hillside home

    9 Celebrities Who Lost Some Serious Cash Money On Real Estate

    Posted by Cristin  |  January 13, 2014  |  7:03 am  |  Tags: , , , , , , , , , , , , ,

    Celebrity Real Estate Losers

    The housing market is tricky. It’s up, it’s down, it’s up again…and then it’s back down. We’re seeing a nice recovery in the overall market right now, but that doesn’t mean everyone is making money on their homes – even celebrities.

    Let’s take a look at 9 big-name celebrities that lost some serious cash money when they sold their luxury real estate in the last year.

     

     Katy Perry 

     

    Katy Perry lost more than a million dollars on this home

    Katy Perry lost more than a million dollars on this home

    This “California Gurl”  bought this Spanish-style home in Hollywood in 2011 for $6.5 million. She intended to use the spread as her marital home with then-husband. Russell Brand. Before the moving trucks could even get in the front gate, the duo had split. Perry then had to face a financial heartbreak when she had to sell the home for $5.65. After fees and closing costs, she lost more than a million dollars on the home.

    See more images of Katy Perry’s house
     

     Reese Witherspoon

     

    Reese Witherspoon lost nearly $1 million when she sold this ranch

    Reese Witherspoon lost nearly $1 million when she sold this ranch

    Reese just sold this ranch in Ojai, California for $4,983,500. She bought it in 2008, married her husband Jim Toth there in 2011, and then put the place up for sale in 2013. Reese originally had the place listed it for $10 million, and price chopped it multiple times, until it sold for almost a million less than the $5.8 million she paid for it.

    See more images of Reese Witherspoon’s house
     
     
     

    Michael Jordan

     

    Jordan failed to sell this home and is still waiting for a buyer

    Jordan failed to sell this home and is still waiting for a buyer

    The NBA legend has been trying to sell his Chicago-area mansion for years. It originally had a $29 million dollar price tag until he cut $8 million off the price – bringing it to $21 million. After failing to sell it at the reduced price, Jordan put the home up for auction – where it AGAIN failed to sell. It’s now back on the market and still looking for a buyer.

    See more images of Michael Jordan’s house

     

    Andie MacDowell

     

    MacDowell lost $25,000 when she sold this place after only owning it for 9 months

    MacDowell lost $25,000 when she sold this place after only owning it for 9 months

    The ageless actress and spokeswomen lost $25,000 (plus agents fees and other costs) when she sold her Marina Del Rey home after only 9 months of ownership.

    See more images of Andie MacDowell’s house

     

     

    Haylie Duff

     

    Duff lost $30,00 on this bachelorette pad

    Duff lost $30,00 on this bachelorette pad

    The actress and sister of Hilary Duff lost $30,000 when she sold her Toluca Lake bachelorette pad for $1.72 million in February 2013. She paid $1.75 when she bought it back in 2008.

    See more images of Haylie Duff’s house

     

    Ryan Phillipe

     

    Ryan Phillipe lost $1.755 million when he sold this house

    Ryan Phillipe lost $1.755 million when he sold this house

    Phillipe joins his ex-wife, Reese Witherspoon on this illustrious list. The actor lost an eye-popping $1,175,000 on the sale of his Hollywood Hills home. The silver screen hunk paid $7,175,000 for the place in 2008, and sold it for an even $6 million in March 2013.

    See more images of Ryan Phillipe’s house
     
     
     

     Christina Aguilera

     

    It took Christina 2 years to sell this home, and she got $2 million less than she wanted

    It took Christina 2 years to sell this home, and she got $2 million less than she wanted

    After two years on the market, Christina Aguilera FINALLY sold the home she bought from the Osbournes. She paid $11.5 million to buy the Beverly Hills mansion from Ozzy and Sharon, and that’s exactly what she sold it for – $11.5M, although she’d been hoping for $13.5M. After remodeling, closing and carrying costs, ‘The Voice’ judge likely lost a nice chunk of change.

    See more images of Christina Aguilera’s house

     

    Kate Walsh

     

    Walsh lost $75,00 when she sold this Los Feliz mansion

    Walsh lost $75,000 when she sold this Los Feliz mansion

    ‘Private Practice’ actress Kate Walsh waited a long time to sell her glamourous Los Feliz home, and lost $75k along the way.

    See more images of Kate Walsh’s house

     

    Olivia Wilde

     

    Olivia Wilde lost $100,00 when she sold this hillside home

    Olivia Wilde lost $100,00 when she sold this hillside home

    Actress Olivia Wilde was eager to sell her bachelorette pad in Los Feliz after her engagement to actor Jason Sudekis. She took a $100,000 hit on the place when she sold it in June 2013.

    See more images of Olivia Wilde’s house

     

     

     

      9 Months After Buying, Andie MacDowell Sells Marina Del Rey Home At A Loss

      Posted by Cristin  |  November 19, 2013  |  7:48 am  |  Tags: , , , , , , ,

      Dimitrios Kambouris – WireImage.com

      Andie MacDowell

      Marina Del Rey, CA

      Most Known For

      Age-defying actress with a multi-decade career

      Home Stats

      4 bed, 3 bath, 3,000 sq ft, pool

      Price

      $1,750,000

      Well, that was fast.

      Andie MacDowell has just sold the Marina Del Rey home she owned for a mere 9 months. Purchased by the ageless actress in February 2013 for $1,775,000, property records show MacDowell just sold the place on November 8, 2013 for $1,750,000 – a $25,000 loss.

      Marketed with the very same listing photos as when she bought it, it’s unclear if the L’Oreal spokeswoman ever even moved into the 4 bedroom, 3 bathroom, 2,998 square foot Cape Cod-style home on a corner lot in Marina Del Rey’s Silver Strand area.

      Described as “modern and spacious with a loft-like interior,” the stark white home has soaring ceilings, skylights and large glass sliding doors, which illuminate the house with natural light and let the ocean breezes flow in. One of four bedrooms is tucked away, making it perfect for guest quarters. The other three  bedrooms are upstairs and include an oversized master with spiral staircase leading to an impressive double loft area and  master bath. Outside is a relaxing space with sparkling pool to lounge in on warm California days.

      MacDowell bought this home in early 2013 after selling her longtime home in Asheville, North Carolina for a cool $3 million.

       

        Andie MacDowell Selling Country Club Estate in North Carolina

        Posted by Cristin  |  October 20, 2011  |  4:32 pm  |  Tags: , , , , ,

        Andie MacDowell

        Asheville, NC

        Most Known For

        The famous face of L’oreal and actress from well-known flicks like Groundhog Day, Multiplicity and St. Elmo’s Fire.

        Home Stats

        6 bedrooms, 7.5 bathrooms, 6 fireplaces

        Price

        $4,500,000

        Celebrity real estate often centers around the entertainment hubs of Los Angeles and New York City, but every now and again, you’ll run across some spectacular celebrity property in off-the-beaten-path cities across America. In Asheville, North Carolina, you’ll find the newly for-sale home of Andie MacDowell, the famous face of L’oreal and actress from well-known flicks like Groundhog DayMultiplicity and St. Elmo’s Fire.

        Originally from South Carolina, MacDowell stayed relatively close to home when she purchased her property in the upscale Biltmore Forest community outside Asheville back in June 1998 for $790,000. Her original purchase included  two vacant and adjacent parcels totaling 1.89 acres on the 7th fairway of the neighboring country club. MacDowell proceeded to build a magnificent, four-story, storybook Tudor that measures in at 10,872 square-feet. Now for sale with a list price of $4,500,000, the home includes 6-bedrooms, 7.5-bathrooms and 6 fireplaces. Built with meticulous craftsmanship and superb artistic detail, the home has an air of timelessness and modern ease. To take in the scenery of the surrounding area, MacDowell’s home also features a one-of-a-kind expansive terrace.