Tom Hanks Buys Pacific Palisades Home for $26 Million

March 16, 2010 - California

Actor-producer-director Tom Hanks has purchased the contemporary Pacific Palisades home of veteran producers Kathleen Kennedyand Frank Marshall, according to area real estate agents.

The sales price was listed at slightly more than $26 million at Blockshopper.com, a news and market data service.

Larry Hagman Cuts Price

March 12, 2010 - California

Larry Hagman, who played oil tycoon J.R. Ewing on the prime-time drama "Dallas," has trimmed the price of his Ojai, Calif., estate to $9.5 million, an 11% cut.

Mr. Hagman, 78 years old, and his wife, Maj, built the 43-acre property, about 80 miles northwest of Los Angeles, in 1992.

It includes a Mediterranean-style house with nine bedrooms and a large entertaining space that fits more than 200 guests with a lap pool and retractable roof.

Mel Gibson - Malibu Retreat for Sale

March 09, 2010 - California

Oscar winning actor Mel Gibson recently listed Lavender Hill Farm, his long-time family compound in Serra Retreat community with an asking price of $14.5 million

Lavender Hill Farm is a hacienda-style retreat on 2.57 acres. The grounds include fruit orchards, organic gardens, a tennis court, pool and three guest houses.

The main house rambles over 5,400 square feet of space and offers the owners privacy in a second floor master suite with a separate sitting room.

Rush Limbaugh Puts NYC Penthouse Up For Sale

March 04, 2010 - New York

Conservative talk radio blowhard Rush Limbaugh has put his Fifth Avenue penthouse on the market.

Limbaugh promised that he'd sell his Manhattan apartment last March after the Paterson administration proposed raising taxes on New York residents who make more than $500,000 a year.

The 20th-floor penthouse at 1049 Fifth Avenue, which Limbaugh purchased in 1994 was officially listed two weeks ago for $13.95 million.

Godaddy.com Founder Buys Hawaiian Home Built by Cher

March 02, 2010 - Hawaii

Bob Parsons, the founder and CEO of Web-hosting company GoDaddy.com, paid $8.72 million for a Balinese-style house on Hawaii's Big Island that was built by Cher and went to auction last month. "We never thought in a million years that we'd end up being the buyer," says Mr. Parsons.

GoDaddy.com helps consumers register Web domain names and is also known for its racy Super Bowl TV ads.

The Hawaiian property, at the Four Seasons' Hualalai resort, includes a main house flanked by four one-bedroom bungalows

Software Billionaire Siebel Lists Ranch for $45 Million

March 01, 2010 - Montana

The Wall Street Journal's Private Properties reports that billionaire software entrepreneur and philanthropist Tom Siebel is selling his 62,000-acre Montana cattle ranch for $45 million.

The N Bar Ranch is located about 90 miles north of Billings, Montana and is one of the state's oldest and largest cattle ranches.

The ranch has a carrying capacity estimated at over 2,000 animals and offers a varied landscape that includes meadows, pastures, timber and open range.

George Clooney Not Selling His Italian Villa

February 26, 2010 - Lombardy

Clooney has released a statement denying the fact that his home on Lake Como in Italy is for sale and dashing the rumor that he planned to move to a small island in order to foil paparazzi.

The statement says in part: "the story was made up, then picked up and now denied. End of another riveting day of false news."

Sharon Stone lists her beverly hills home

February 25, 2010 - California

Sharon Stone is trying to unload the Beverly Hills estate she bought in April 2006.

The seven-bedroom Mediterranean estate had been on the market for $12,500,000 and had an accepted offer at that price until it fell out of escrow a couple of months ago.

Therefore the sale did not go through and the Beverly Hills mansion has now been put back on the market for $8,995,000.

David Beckham to Buy George Clooney's Lake Como Villa

February 25, 2010 - Italy

The actor George Clooney is reported to be selling his villa on Lake Como because of harrassment by paparazzi, a move which highlights the growing row over the invasion of celebrities' private lives.

A potential buyer of the Villa Oleandra at Laglio on Lake Como, which Clooney bought in 2002 for a reported $10 million (£6.5 million), is said to be the footballer David Beckham, who is playing for AC Milan.

David and Victoria fell in love with the Villa after spending some time at the house and now that George has decided to sell it, they're putting in an offer!

Valentino's Partner Lists Tuscany Estate

February 23, 2010 - Tuscany

An exquisite country estate set in the fashionable medieval hill town of Cetona, owned by Giancarlo Giammetti, lifelong partner of internationally renowned fashion designer Valentino, has been launched on the market.

The estate, built in 1750 with 11 hectares of parkland, was completely restored around 20 years ago by Giammetti and Valentino, who commissioned two of Italy's renowned design talents - interior designer, Renzo Mongiardino, and leading Italian landscape architect Paolo Peirone, to create a stylish retreat.