1.Poor Hulk Hogan. Once upon a time he was at the top of the Wrestlemania heap (or whatever). Nowadays he shills for Rent-A-Center (or whatever) and finally, no doubt much to his pocketbook’s relief, sold the 17,000-plus square foot Belleair, FL mansion he’s had on and off the market since 2006 when it was listed at $25,000,000. The water front spread sold, according to property records and recent reports, for just (about) $6,200,000, less than 25% of what he originally hoped it was worth.
The Tudor-style mansion was where Mister Hulk Hogan—whose real name is the far more prosaic Terry Bollea—his now ex-wife Linda and their where-are-they-now? children taped their short-lived and (blessedly) long-ago cancelled reality program Hogan Knows Best.
Fun fact: Even though Mister Bollea shared this big ol’ house in Bellair with his first wife and kids, in 2010 he married his much younger second wife on the beach behind the property. The police were called in to bust up a brawl that broke out when a photographer tried to crash the nuptials. Now that, children, is classy with a k. (via Tampa Bay Online)
In case you haven’t heard preggers again Tinseltown heiress turned reality show denizen Tori Spelling and her actor husband Dean McDermott—this will be their fourth baby—have flipped the 1.73 acre Malibu (CA) property they bought last September (2011) for $2,400,000 back on the market with an asking price of $2,675,000.
Listing photos show the house devoid of furnishings, a clear indication the McDermott-Spellings have already moved on to their next forever house, wherever that may be.
In the fall of 2008 the frequently procreating pair paid $2,945,000 for a 6 bedroom and 6.5 bathroom (mc)mansion in Encino that they listed last April (2011) at $3,199,000 and sold in December (2011) for $2,500,000, a substantial $445,000 loss not counting carrying costs, improvement and real estate fees.
Speaking of reality show denizens, Lauren Conrad recently dropped $1,350,000 to scoop up a 3,233 square foot condo crib in a secured Beverly Hills, CA building with 3 bedrooms, 4 bathrooms, a double-height living room and yard-sized deck. Listing images suggest the place could use a good face lift; There appear to be icky popcorn ceilings and lots of confusing mirrored walls.
Miss Conrad also owns a Spanish style casa in the leafy Sunset Square area of Hollywood she bought in early 2008 for $2,360,000 and put on the market in September 2011 for $2,250,000, a price tag that eventually dipped to $2,100,000. The property now appears as pending/in contract with an unknown buyer for an unknown price. (via Trulia Luxe Living)
Justin Timberlake launches a home line. Seriously? What’s with all these dilettantish Tinseltowers who have their manicured fingers in so many money-making pies? No offense Mister Timberlake, but sometimes it’s just better to stay in one’s lane, you know? (via Curbed)