Sandra Bullock Adds Bev Hills Mansion to Bulging Property Portfolio

BUYER: Sandra Bullock
Location: Beverly Hills, CA
Price tag: $ 22,950,000
SIZE: eight,110 square feet, 7 bedrooms, 8 bathrooms

High-paid Oscar-winning girl-up coming-door actress Sandra Bullock (The Blind Side, Miss Congeniality, Speed et al) has bounced back smelling like a sweet rose from the stinky debacle of her marriage to and divorce from cheating chopper customizer Jesse James.

Miz Bullock, one particular of the highest paid female actors in Tinseltown, reportedly earns more than fifteen million bucks in salary per movie (not counting the back finish earnings that quickly doubles her salary), claims a net worth of $ 125,000,0000 and brought in lifetime worldwide box workplace receipts of virtually three and a half billion bucks. With stratospheric numbers like that it need to come as no surprise America’s Sweetheart has a property portfolio that bulges at the seams with half a dozen luxury residences.

In January 2001 Miz Bullock paid $ 1,485,000 for a three bedroom and three bathroom Los Angeles house behind the Chateau Marmont Hotel and just a handful of doors down from fellow a-list film star Cameron Diaz. Six months later she forked more than one more $ 1,495,000 for a property on Tybee Island (Georgia) and in June of 2009, just prior to her marriage to Mister James hit the skids, she shelled out $ 2,250,000 for a big and historic abode in New Orleans, LA. Your Mama’s brief and decidedly unscientific research shows that Miz Bullock also owns a privately-set home in Austin, TX, a ski-chalet in Jackson Hole, WY and a townhouse in downtown New York City.

Despite the fact that Miz Bullock’s name seems nowhere on any of the property records and title documents at which Your Mama peeped–the documents show the property was acquired through a Mississippi-based company entity set up for the express buy of a domestic residence via a New Orleans based attorney–according to a covert communique we not long ago received from Our Fairy Godmother in Beverly Hills the accomplished and beloved lady actor is now and also the new owner of a substantial and legendary estate close to the western edge of Beverly Hills.

A prolonged gated drive climbs and curves by means of the four.1 acre estate to a generously-proportioned motor court with cross-hatched pattern detailing and detached four-car garage. The hulking Tudor-style pile stands a stately two and a half stories tall with stone facing on the ground floor and what looks like–and we hope are–leaded glass windows. The major residence measures a sizable but not pathetically gargantuan 8,110 square feet with five bedrooms, 7 bathrooms that include an expansive master suite with sitting space, fireplace and dual bathrooms.

Public and private spaces incorporate a grandly-scaled living space with fireplace, paneled dining area with fireplace, library, workplace, consume-in kitchen, perform out room and staff quarters all of which are protected by a severe security system, one particular that Your Mama imagines might quickly include an armed and angry guard at the gate.

The supremely-sited property, which has a big flat backyard and gorgeous 270-degree views from downtown to the Pacific Ocean, contains a separate screening space and a pool side pavilion with an additional bedroom and terliting facility.

The well-known and fabled hill best estate has a extended checklist of prominent former owners who contain That Girl Marlo Thomas who sold it to showbiz billionaire David Geffen sometime in the late 70s or early 80s. Mister Geffen, whose real estate feet sooner or later landed down the street at the even more legendary Jack Warner estate, sold the posh property in 1986 to radio station tycoon Norm Pattiz $ five,933,000.

At that point the estate encompassed two parcels. A single, the four.1 acre parcel that Miz Bullock (allegedly) purchased), holds the major home. A second, smaller and contiguous lot situated down the steep hill side at the estate’s southern flank contained the estate’s tennis court plus a two-story 2,080 square foot guest home/tennis pavilion/screening area/recreation facility. Mister Pattiz, in a move variety to his pocketbook but unfortunate for the general grandiosity of the estate, sold the greater lot that consists of the main property in September 2006 to Tough Rock Café co-founder Peter Morton for $ 18,500,000. He sold the decrease portion of the estate–once accessible from the upper portion of the property by a private funicular–in December 2006 to a non-celebrity for $ 3,500,000.

Mister Morton, who as far as Your Mama knows had big plans for but in no way in fact occupied the property, put the imposing pad back on the market place in July of 2008 with an asking price of $ 22,500,000. The property was marketed as a fixer-upper and/or as a tear down. The in-will need-of-some-TLC mansion was ultimately and ultimately sold in March 2010 at a important 3 million dollar loss to Mister Morton. The buyer, L.A.-based hedge fund hog and hotel developer Reagan Silber, paid $ 15,500,000 for the property but like so numerous folks with cash to burn, quickly caught a situation of The Real Estate Fickle, and flipped the storied estate back on the market place a year later with an asking price tag of $ 22,950,00.

Mister Silber, some of the young children may possibly currently know, isn’t precisely a stranger to the west coast true estate gossip columns. The deep-pocketed Mister Silber famously sold an über contemporary Bel Air mansion in June of 2006 for $ 20,000,000 to financially beleaguered tech tycoon Halsey Minor. Mister Minor, who has had actual estate woes all up and down the state of California and beyond, has a lot of instances since buying failed to sell the home even even though he’s attempted at numerous occasions to unload it for ten million buckaroos much less than he paid for it.

Anyhoo, getting back to the matter at hand…Real estate juggernaut Redfin exhibits that the Thomas/Geffen/Pattiz/Morton/Silber cum Bullock estate entered escrow in early Might 2011, just two months soon after 1st appearing on the open market. Property records show the property transferred ownership from Mister Silber to Miz Bullock in mid-Might for, according to Redfin, $ 22,950,000. Interestingly, our well-linked Fairy Godmother in Beverly Hills snitched to Your Mama that despite what seems on Redfin, she heard by way of the Beverly Hills actual estate gossip grapevine that the property in fact transferred for somewhere in the neighborhood of $ 17,000,000. Make of that, kids, what you will.

Even though married to Jesse James, Miz Bullock’s Los Angeles-area home base was an ocean front house in Sunset Beach–that’s south of Extended Beach–that Mister James not long ago sold in December 2010 for $ four,500,000 after very first listing the property in April for $ six,750,000.

listing photographs: Westside Estate Agency

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