Wednesday, November 7, 2012

Sharon Stone Sells Bev Hills Albatross to Lili Zanuck

SELLER: Sharon Stone
BUYER: Lili Zanuck
LOCATION: Beverly Hills, CA
PRICE: $6,575,000
SIZE: 7 bedrooms, 8.5 bathrooms (total)

YOUR MAMAS NOTES: All the children who hang around here long enough eventually learn that Your Mama loves us some Sharon Stone real estate cray-cray almost as much as we love a third gin & tonic. Today, bless her real estate heart, we're feeling a little bad for the ol' girl. 

We first heard it from Our Fairy Godmother in Beverly Hills and then we received a covert communique from a well-connected insider—let's call him Charlie Chitchatter—who snitched that magically mercurial Oscar-nominated actress Sharon Stone has done sold a five-ish acre estate in Beverly Hills, CA that Your Mama first discussed way back in December 2006 when it popped up on the open market with a starry-eyed $12,500,000 asking price.

After many fits and starts, countless price reductions and at least one high-paying rental tenancy, Miz Stone—who never, as far as we know, actually occupied the property—has sold the neo-Mediterranean style compound for, according to documentation provided by Our Fairy Godmother in Beverly Hills, $6,595,000.

That's a whole lotta dough by any standard but it's also almost half Miz Ston's original asking price and represents, as per our bejeweled abacus, a bank account flogging $4,400,000 loss. Ouch!

We can't help but imagine that Miz Stone is wildly rich. Fer chrissakes, her lifetime box office receipts total more than $718,000,000 so we certainly hope she got her professional due and will never want for a late model Bentley and racks full of those—ahem—daring, designer red carpet clothes she's (in)famous for donning. But, still, $4.4 million bucks is, well, almost $4.5 million damn dollars. An ass load of dough, you know?

Anyhoo, according Mister Chitchatter the new owner of Miz Stone's unwanted compound is none other than recently widowed movie producer Lili Zanuck who—so the high-priced property scuttlebutt goes in the Platinum Triangle—recently sold her rather elegant and very correct red brick Georgian in the Beverly Park community. One informant told us Miz Z. sold for $21.5 to some Saudi Prince and another informant told us it went for $20.5 million to a Middle Eastern woman who may—or may not—knock the house down to make way for her own version of a Beverly Hills dream house.

A few more clickty-clacks on our bejeweled abacus shows that unlike unlucky Miz Stone, lucky Miz Zanuck realized a nearly fifteen million dollar profit on her mansion swap, not counting any outstanding mortgages, fees and etc. that may be associated with the transaction.

Miz Zanuck's new digs, according to listing information we teased out of the internets, has a main house with four family bedrooms (plus a separate staff suite) and two additional bedrooms in the detached, two-story guest house that also houses a fitness room and state-of-the-art media room. There are a total of 8.5 bathrooms between the main and guest houses, two of which are located in the second floor master suite

The approximately 6,500 square foot main house has a semi-open plan formal living and dining room with a wide bank of glass that disappears into the walls when open, a paneled and carpeted library with fireplace and a spacious and well-equipped but dated and dull kitchen with butcher block center island work top.

The lushly landscaped grounds, nestled into a steep and private hillside just below Sylvester Stallone's mansion on the south rim of the northern section of the bifurcated Beverly Park enclave, includes covered parking for up to 14 cars, numerous terraces and patios, well-watered lawns, a free-form swimming pool and spa, lots of meandering lighted pathways and fountains and a lighted tennis court with fab court side cabana.

As far as we know, Miz Stone remains in residence in the walled, gated and heavily fortified 10,537 square foot Bev Hills mansion she picked up in March 1995 for $3,200,000.

listing photos: Rodeo Realty

22 comments:

Anonymous said...

Why don't y'all thank your Mama for having the decency not to put a single word in her blog about Washington politics? I've never been more happy to read her a-policito words as I was today. Just show me something pretty!

Anonymous said...

Thank you Mama! Though I appreciate the politic free post, it is a little early in the AM for some of us children to stomach the loss Ms Stone incurred, without the aid and benefit alcohol. Thats AFTER TAX so its more like a 7million dollar loss (even without all of the hold costs etc..). Reaching for the bloody mary mix..

Anonymous said...

Garage parking for up to 14 cars? Why? Ms. Zanuck doesn't seem like the type to have a fleet of Ferraris or Lambos. That garage must be half the size of the house!

FalseProfit said...

Mama, you sure know how to paint a picture with your beautiful words! Well done, as always!

Anonymous said...

Pity we'll probably never get to see interior pics of the former Zanuck estate in Beverly Park. I bet it was actually really classy and not like some of the other monstrous behemoths we've seen on here lately.

Anonymous said...

Wait a minute, what did she pay for this place in the first place? I don't get the frequent emphasis in real estate posts on how much less than the (frequently absurd/baseless) asking price a property ends up selling for. Yes, it's quite likely that she did indeed lose money when you take into account her various carrying costs, her insurance, property taxes, upkeep, etc. But when we talk about someone making money or losing money or coming out even on a property sale, those factors aren't traditionally part of the superficial equation. It's just what you paid for, and what you sold it for.

Anonymous said...

10:56, hunny, get off the meds. Real estate is ALL about making money.

Anonymous said...

revro
well i red elsewhere that she payed 11m but saw also somewhere sale price of 7.5, so i dont know what 6,575 actually means
http://raredelights.com/sharon-stone-sells-his-house/

but yeah thats a big loss

Anonymous said...

Years ago I got to spend time in the Zanuck's Beverly Park home and it is quite simply genius. It may need some updating given its age, but its some of Marc Appleton's best work and if some 1%'r tears it down, well, I'm gonna hafta cut a bitch.

Anonymous said...

here it is
http://appleton-architects.com/projects/residential/residential-estates/46-residential-estates/17-zanuck-residence

Anonymous said...

So much beige.

Anonymous said...

The privately situated estate sits at the tail end of North Beverly Drive, at the base of a steep hillside that rises dramatically like Miz Stone's personality up to the guard gated enclave of Beverly Park. The unoccupied property is, in fact, so close to Beverly Park that should our gal Sharon be so inclined she could strap on a pair of rubber-soled stilettos and scamper right up the hillside and into the backyards of Sylvester Stallone, Sumner Redstone and/or Paul Reiser. Spend a few minutes visualizing that tender morsel of dee-lishusness, children. Imagine settin' out back by the pool, the breeze rustles the leaves in the trees while your skin browns like butter in a hot saute pan and the birds chirp with summertime glee. Then, all of the sudden, up out of the scrub comes Sharon damn Stone in nuthin' but a fishnet bathing suit and those rubber sole stilettos. Her lips are painted red like fire, her eyes a-glitter with audacity and you know in your soul she wants a pound of flesh because, well, Sharon always wants a pound of flesh. After picking a few nettles from her cattywompus weave and pretending to regain some composure and dignity she says, "Syl, hunny, it's me, Share-bear... What? Oh, stop it right now Sylvester. Don't you worry that cock-eyed little mouth of yours about the bushes I busted up climbing over your damn fence. I'll send Hector and Waynie over to fix that shit tomorrow. Now listen dolly, stud, man of many muscles, Momma Sharon needs a cup of sugar, a new Bentley and, damnations and tarnations, we gotta pay the got-damn property taxes on that albatross down there. We need a job. So, yummykins, do you think you could find it in your I-talian heart to throw this well preserved ol' bag a bone and slip me into a lead role in Rambo 17? Or maybe something in Rocky 12? Whaddaya say beefcakes? Can you show Share-Share some love?"

CLASSIC MAMA!

Anonymous said...

Miz Stone cracks me up! I like how she bought the place not to live in, but rather as "an investment". Lol

Anonymous said...

she sold it! Finally!

how many years has it been?

how do they keep a house 'safe' in terms of mold , dust , air flow mildew , . whatever,, when NO one has lived in a building for Years?

ZnSD said...

Mama! I want a run-down on the estate where my love Sharon Stone actually lives! So I can imagine it flash forward in 25 years for my Sunset Boulevard fantasy! Dead monkey and all.

Anonymous said...

As a no-nothing real estate voyeur/lookie loo, I've noticed that a lot of these California houses have rooms with walls that fully open to allow the room to function more like a terrace. My question is: wouldn't that room be overrun with flies and mosquitos. Wouldn't you spend your whole time listening to the zap zap of bugs being fried on your zapper? I know that neither of these options would be acceptable to the high falutins... so what is their secret to keeping the biters out?

Anonymous said...

Here in SoCal we thankfully don't have that many flies and Mosquitos thanks to the dry climate. Of course, there are some and they do sometimes get into the house. That's what the hired help is for! I hear Miz Stone also makes a game out of catching them with her mouth and swallowing them whole. ;)

Jim in Tampa said...

I saw a mainstream media article on the sale and the first source was our Mama!!! Way to go Mama!

Andi Anderson said...

Congratulations! This is the best thing, Thank you so much for taking the time to share such a nice information.
Stone Cutting

anay said...
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course in real estate said...
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Anonymous said...

My client offered her $8,000,000 for the house and she never responded. Mrs. Zanuck bought herself one hell of a deal. Joseph Ambrose built it for himself and I remember that despite its' age, it was a well built home.