TV host Ryan Seacrest has put his Beverly Hills hotel on the market for the exorbitant $85 million, People reported.
Although it crosses the threshold in nine-digit territory, this value point is tied in third place in the existing rating of the houses estimated maximum in 90210.
Will the popular personality say “Seacrest Out” at the current price?We arrived with local luxury agents to see what they had to say.
In 2012, the host of “American Idol” took that of his colleague A-lister Ellen DeGeneres, for $36. 5 million. The communication screen presenter had grown by adding adjacent houses over the years he lived there. He replaced a space with a picturesque pond, and trees.
The main space of this premium plot belonged to the co-creater of “Will
The main one-story apartment originally built through famous architects Buff
Once DeGeneres took possession of it, she and his wife, Portia De Rossi, carried out their remodeling magic and then put the expanded extension on the market in 2011, with an ambitious value of $60 million.
Despite its recently renovated look and stylish neighborhood, the mansion has failed to attract a buyer. The value dropped to $ 49 million before the host “American Idol” came along and signed an even sweeter deal.
Seacrest reportedly has to move to New York, where he is filming “Live With Kelly and Ryan” with his co-amphitrion, Kelly Ripa. Since he got the plum day job, he’s split his time between the two coasts. while living in a rented townhouse in New York.
Updating the New York area to his liking has not been without drama, according to rumors from OK magazine, however, he would possibly be an acquired in the Big Apple, especially if he manages to pass through his excavations on the West Coast. .
Built in 1963, 3-acre assets are described as one of the “most remote properties in the region”.
The seven bedrooms and 10 bathrooms are distributed in a sprawling 9,000-square-foot complex consisting of a four-bedroom main house, two guest houses, a swimming pool and a pool house with a separate gym and an underground garage.
Inside, the open, airy living room includes a vaulted ceiling with exposed beams, a formal dining room, a family circle room and an adjacent kitchen that opens onto the patio.
Details include a bar, a media room, an office, as well as a master suite and a bathroom with a bay window and a gigantic stone bathroom that turns out to have left the apartment organically.
The area includes hotel grounds, living and dining areas, a reflective pond and well-maintained grounds. The list indicates that assets have prospects for the city and the ocean.
This is certainly a property, but is it worth its $ 85 million price tag?
“I know the space very well! I sold it to Max Mutchnick many years ago,” says Myra Nourmand, director and luxury real estate agent at Nourmand.
She believes that the compound will remain in the hands of celebrities, but that it may not succeed in the goal of value.
“I think a celebrity can buy it simply because it’s very personal and isolated. It has a terrain and a view, plus it has been remade and is complex,” he said. “However, I think $85 million is a very competitive figure. “Given today’s world, I think it’s worth between $65 million and $70 million for 3 acres. »
Still, there are many precedents for successful transactions in the region.
“I visited these assets when I was owned by Ellen DeGeneres,” says Ernie Carswell, one of Douglas Elliman’s most sensible agents. “[DeGeneres and Seacrest] probably chose this site because of their excessive privacy in the city of Beverly Hills. “
Carswell adds: “An asset like this doubles smoothly. “
He says he believes Seacrest has a smart chance of getting a figure comparable to David Geffen’s $68 million acquisition of a 3. 25-acre neighboring land he acquired from entertainment director Casey Wasserman.
But the harsh combination of privacy, fame and asset life can give this high-end compound a chance with this maximum value of $85 million.
“I think the main point of promotion is privacy and land, which are difficult to locate and easily replaceable,” says Compass agent Sally Forster Jones.
She adds: “Luxury sales have been on sale since 2012, when Seacrest bought the property, so it’s quite possible that it will sell near that range. “
Kurt Rappaport with genuine Westside property owns the list.
Can Ryan Seacrest sell $85 million for his Beverly Hills home?First appeared in Real Estate News