• 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

     

     

     

      Bueller? Bueller? Famous Ferris Bueller House Back On The Market For $1.5M

      Posted by Cristin  |  August 6, 2013  |  4:08 pm  |  Tags: , , , , , ,

      Wikipedia

      Ferris Bueller House

      Highland Park, IL

      Most Known For

      Cameron's house in the 1986 John Hughes Classic, Ferris Bueller's Day Off

      Price

      $1,500,000

      Buyer? Buyer?

      The Chicago-area house made famous in the 1986 classic film “Ferris Bueller’s Day Off” is back on the market in Highland Park, IL with a $1.5M price tag. According to Curbed Chicago, the Ben Rose house, better known to movie buffs as Cameron’s very pristine mid-century modern home in the movie, is back on the market after a brief break and a major price chop.

      The glass-and-steel home was originally listed in 2009 for $2.3 million. It later took a half mil price chop to $1.8 million and finally to $1.65 million until it was taken off the market in 2011. Now, it’s back, asking $1.5 million.

      Built in 1953, the 4 bedroom, 3 bathroom main house that cantilevers over ravines is also joined by pavilion/guest house that features a kitchen, bath, and 4 car interior parking—with plenty of room for a pristine red Ferrari.

      If Ferris had to write the property listing, he’d say “The place is like a museum. It’s very beautiful and very cold, and you’re not allowed to touch anything.”

        Rent Vince Vaughn’s Chicago Apartment For $9,500 a Month

        Posted by Cristin  |  July 8, 2013  |  8:10 pm  |  Tags: , , , , , , ,

        WireImage.com

        Vince Vaughn

        Chicago, IL

        Most Known For

        Comedic Actor with hits like Swingers, Wedding Crashers and The Break Up

        Home Stats

        3 bedrooms, 3 full, 2 partial bathrooms, 4,063 square feet

        Price

        $9,500 a month

        Make your rent check payable to Vince Vaughn.

        The comedic actor and everyone’s favorite “Wedding Crasher” is leasing out his apartment in his hometown of Chicago for $9,500. According to the Chicago Tribune, Vaughn paid $1,425,500 for the town home in the trendy River North neighborhood in 2005, but he hasn’t lived in the apartment since late 2006, when he majorly upgraded his Chicago lifestyle and paid $12 million to buy a penthouse on North Michigan Avenue. Vaughn tried to sell his bigger, better penthouse earlier this year for $16.75 million, but quickly took it off the market.

        The settled-down dad is spending less time in The Windy City and making a more permanent home on the West Coast. Vaughn and his wife Kyla Weber just paid nearly $4 million for an estate in La Canada Flintridge, CA. The duo are expecting their second baby any day now.

        If you want to live in Vaughn’s Midwest abode, $9,500 a month will get you an upgraded 3 bedroom, 5 bathroom with a 3 car garage and custom-designed home theater with seating for 7. A must for Chicago summers, Vaughn’s for-rent home has a spacious roof top terrace with skyline views.

        Liane Pruchnik of Koenig & Strey holds the listing.

          Not A Slam Dunk! Even With A $8M Price Chop, Michael Jordan’s Chicago-area Mansion Still Lingers On the Market

          Posted by Cristin  |  June 25, 2013  |  5:22 pm  |  Tags: , , , , , , ,

          Michael Jordan

          Highland Park, IL

          Most Known For

          NBA great and current owner of the Charlotte Bobcats

          Home Stats

          9 bedrooms, 19 bathrooms, 27,648 square feet

          Price

          $21,000,000

          Air Jordan is getting grounded in Illinois, where the sale of his 9 bedroom, 19 bathroom, 27,648 square foot Highland Park home is failing to take flight. The NBA great  listed his Chicago-area home at 2700 Point Drive in February 2012 for $29 million, and later slashed the price by $8 million, to bring it to its current asking price of $21 million…where it’s been lingering for months.

          With an indoor basketball court, a 3-bedroom guesthouse, indoor/outdoor entertaining and pool area, outdoor tennis court, putting green, deep-water pond and 3 garages, the home is incredible – but is it worth the price? If Jordan gets his full asking price for the estate, it’d be a historic sale in the state of Illinois. According to MLS data from the past 25 years, only 8 homes have sold for more than $10 million and the last massive sale of this magnitude was in 2006, at the height of the national housing bubble.

          Jordan custom built the home in 1995 and lived in it during his illustrious career with the Chicago Bulls. After his divorce from his first wire Juanita, retirement from the NBA and his new career as majority owner and chairman of the Charlotte Bobcats, Jordan has found himself a stunning new $2.8M lakefront estate on Lake Norman in Charlotte, NC. He’s also recently built a 38,000 square-foot estate in Jupiter, FL. With a new wife and a new life in North Carolina and Florida, Jordan’s more than ready to alley-opp this mansion over to a new owner.

           

            Oprah Lists Chicago Co-op with 50% Price Cut

            Posted by Vanessa  |  May 23, 2012  |  12:55 pm  |  Tags: , , , , , ,

            Harpo, Inc./George Burns

            Oprah Winfrey

            Chicago, IL

            Most Known For

            most famous talk show host in the world; actress, producer & philanthropist

            Home Stats

            4,600 square feet, 3-bedroom, 3.5 bath

            Price

            $2,800,000

            Oprah Winfrey, one of the most powerful and influential women in the world, has recently relisted her luxury Chicago co-op for half of the purchase price, reports The Chicago Tribune. In 2006, the media mogule paid $5.6 million for the 4,600-squre-foot, 3-bedroom, 3.5 bath condo and has now snuck it back onto the live market for $2.8 million. According to our good friend The Real Estalker, Winfrey had first listed the swanky apartment in December 2008 for $6 million with privacy issues being the ultimate dealbreaker, according to Chicago Mag. After a few years of trying to sell it as well as rent it, all the while never even having lived in it, Winfrey has decided to ditch the extra digs and instead pass the time at her main Chicago quarters, an extravagant 15-ooo squre-foot-duplex located just a few minutes away at Water Tower Place.

            Alhtough the queen of talk tv is losing out on a couple million with this listing price, we all know it’s hardly putting a dent in this diva’s bank account. Someone just needs to get this Beaux-arts, Benjamin Marshall designed masterpeice out of her hair!

            The 6th floor apartment sits in a glamorous 12-story 13-unit building built in 1913. The 3-bedroom, 3.5 bath property boasts 10-foot ceilings, two marbled fireplaces, a beautiful library, solarium, a 462 bottle wine room and bulter’s pantry.  Sun-filled bay windows in the library, living room and master bedroom all offer stunning views of Lake Michigan, as well as the surrounding North Side Chicago neighborhood.

              Rosie O’Donnell Flips Out in Chicago

              Posted by Cristin  |  March 7, 2012  |  9:56 pm  |  Tags: , , , ,

              Rosie O'Donnell

              Chicago, IL

              Most Known For

              Controversial daytime talking head

              Home Stats

              6,000 square feet, 5 bedroom, 5+ bathrooms

              Price

              $2,500,000

              Faster than you can say “welcome home,” Rosie O’Donnell is already trying to part ways with a Chicago home she purchased in September of 2011 for $2,250,000. Last Fall, Ms. O’Donnell made the decision to plant roots in Chicago as she prepped for her hopeful career comeback with her eponymous show on Oprah Winfrey’s O Network. With that in mind, she purchased a stunning West Grace Street home fully furnished and “as-is” from an executive at the Oprah Winfrey Network.

              Now, it turns out she’s had a change of plans. According to The Real Estalker, the newly-engaged star’s publicist told the Chicago Tribune that Rosie purchased the property on impulse and that a “corporate-supplied apartment had proved sufficient” for her residential needs in Chicago.

              Back on the market for $2,500,000 – a cool $250,000 more than she paid last year, O’Donnell is hoping for a buyer to swoop in and take this impulse purchase off her hands.

              Measuring in at 6,000 square feet, the 5 bedroom, 5+ bath home is in the heart of the southport corridor in the desirable Lakeview neighborhood. The home’s outstanding features include high ceilings ceilings, extensive millwork, custom cabinetry and rich designer flare. The previous owner made massive improvements, including adding a top-of-the-line audio/visual and security system for the entire house, a home theater and a sports bar. A marvelous outdoor living area includes a massive, 2,000 square foot roof deck. Perfect for Chicago winters, the home also has a 3 car heated garage.

               

                Rent Oprah’s Palatial Chicago Apartment

                Posted by Cristin  |  November 18, 2011  |  2:10 pm  |  Tags: , , , ,

                Oprah Winfrey

                Chicago, IL

                Most Known For

                The queen of daytime talk shows

                Home Stats

                3 bedrooms, 3 full and 2 partial bathrooms, 4,607 square feet

                Price

                $15,000 a month

                Media mogul Oprah Winfrey is looking to rent out her swank but never-lived-in Chicago pad for $15,000 a month. The fine folks at Curbed (via the Chicago Tribune) are reporting that Oprah is renting out the East Lake Shore Drive home that she purchased for $5,600,000 in 2006 and tried to unsuccessfully sell for $6,000,000 a couple of years later. She never ended up officially moving in, instead she set up camp in an ultra-posh duplex a few miles down the road. Now, it’s time for someone else (with deep pockets) to move on in.

                The luxury, 4,607 square foot home has amazing views from library, living room and master bedroom with 10 foot ceilings. The apartment’s formal spaces include an inner foyer, a grand foyer, living room, library and formal dining room. Other amenities include a solarium, butler’s pantry, wine room, gourmet custom kitchen, laundry room and office (or third bedroom). The en-suite guest  and large master suite come complete with his and hers baths. The unit also includes a 2 car garage.

                 

                  A Chicago “Playboy Mansion” For Sale

                  Posted by Vanessa  |  September 27, 2011  |  2:32 pm  |  Tags: , , , , , , , ,

                  The Original Playboy Mansion

                  Chicago, IL

                  Most Known For

                  Hugh Hefner's former home and original Playboy Mansion

                  Home Stats

                  7,874 square feet, 4 bedrooms, 5 bathrooms,

                  Price

                  $6,700,000

                  If you’ve recently caught NBC’s new Monday night series “The Playboy Club” you might have fallen in love with the lavish, sexy and mischievous ambiance that encompassed Chicago’s hottest nightclub in the 1960’s. The show, which centers on the first ever Playboy Club in the U.S., gives us a peak at the exclusive fun and furry Playboy bunnies that only those lucky “keyholders” could relish in.

                  However, anyone who’s anyone must know the fun definitely did not start or stop at The Playboy Club. In those days, only a few privileged socialites were invited to the real party, just a hop, skip and a jump away at Hugh Hefner’s home – the original Playboy Mansion. While Hef’s current home in the Holmby Hills area of Los Angeles is known as “The Playboy Mansion,” there was another infamous home of his that came before.

                  While you’ll have to use your imagination when it comes to what actually went on within the walls of this notorious building, you now have your chance to actually own and live within the memories of the once-famous abode. More than a decade after Mr. Hefner left Chicago for Los Angeles, this 72-room brick building was renovated and converted into luxury condominiums. Flash forward to 2011, a full-floor, 7,874 square foot condo is for sale for $6,700,000.

                  The 4-bedroom, 5-bath single-family residence comes with lavish rooms of generous proportion with 4 fireplaces throughout, an elevator opening up to the foyer, an attached terrace and exquisite gourmet kitchen. The living room was originally the mansion’s 52 x 27, 20-foot high celiling ballroom and still contains the building’s original paneling.

                  Now, if only walls could talk! Plush smoking jacket not included.

                    Rosie O’Donnell Buys in the Windy City

                    Posted by Cristin  |  September 16, 2011  |  2:32 pm  |  Tags: , , , ,

                    Rosie O'Donnell

                    Chicago, IL

                    Most Known For

                    Controversial daytime talking head

                    Home Stats

                    6,000 square feet, 5 bedroom, 5+ bathrooms

                    Price

                    $2,500,000

                    Rosie O’Donnell is making a career comeback on Oprah Winfrey’s O Network, which means she needs to show up on time for work everyday. Rosie’s a long-time resident of New York City, so the only way to do that is to plant some roots and buy some high-priced property in the Windy City of Chicago, Oprah’s long-time professional home base.

                    In the 1990′s, O’Donnell hosted her own successful daytime TV show, “The Rosie O’Donnell Show,” for which she picked up quite a few shiny trophies at the Daytime Emmys. She moved on to a quick stint on “The View,” where she again picked up a paycheck for talking on television, and she made headlines every week by clashing with ultra-conservative co-host Elizabeth Hasslebeck.

                    Rosie had a fiery exit from “The View,” but she’s now ready to give it another go with Oprah as her boss and Chicago as her new hometown. The Chicago Tribune is reporting that Rosie is under contract to purchase a stunning $2,500,000 home in the Lakeview neighborhood. She’s reportedly purchasing the home fully furnished and “as-is” from an executive at the Oprah Winfrey Network.

                    Measuring in at 6,000 square feet, the 5 bedroom, 5+ bath home is in the heart of the southport corridor in the desirable Lakeview neighborhood. The home’s outstanding features include high ceilings ceilings, extensive millwork, custom cabinetry and rich designer flare. The previous owner made massive improvements, including adding a top-of-the-line audio/visual and security system for the entire house, a home theater and a sports bar. A marvelous outdoor living area includes a massive, 2,000 square foot roof deck. Perfect for Chicago winters, the home also has a 3 car heated garage.