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Author Topic: Carolwood House For Sale... SOLD OCTOBER 2012  (Read 3260 times)

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Offline moonstreet

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Carolwood House For Sale... SOLD OCTOBER 2012
« on: April 08, 2012, 11:07:35 AM »
http://www.latimes.com/business/realestate/la-fi-hotprop-michael-jackson-20120320,0,2145471.story

Michael Jackson home on market
Pop star's last L.A.-area residence, a French chateau in Holmby Hills, is listed at $23.9 million. He was leasing the 17,171-square-foot Richard Landry-designed estate when he died there in 2009.
By Lauren Beale, Los Angeles Times
March 20, 2012, 2:26 p.m.


Michael Jackson's last Los Angeles-area residence, a French chateau in Holmby Hills, is back on the market at $23.9 million — $400,000 above what it was listed for last summer.

The pop icon was leasing the 17,171-square-foot mansion for $100,000 a month when he died there in 2009 after receiving the surgical anesthetic propofol for insomnia. His doctor, Conrad Murray, was found guilty of involuntary manslaughter in November and sentenced to four years in prison.

"Crime scenes have a perceived stigma," said real estate consultant and appraiser Randall Bell, whose work has taken him to the homes of O.J. Simpson and Jon Benet Ramsey. Such houses take longer to sell, he said, and usually close at a market discount of between 10% and 50%.

In the short term, they are always easier to lease than to sell, he added. "After five to seven years, you are typically going to see a full recovery."

The property was purchased in 2004 by Hardy chief executive Hubert Guez and his wife, Roxanne, for $18.5 million and had been priced as high as $38 million in 2008.

The Richard Landry-designed estate, built in 2002, has a theater for screenings, a wine cellar and tasting room, an elevator, an art studio and a gym with a spa. The guesthouse has stained-glass doors leading to the pool and gardens. There are 11 fireplaces, 7 bedrooms and 13 bathrooms. The 1.25 acres of gated grounds include a swimming pool.

Mauricio Umansky of the Agency in Beverly Hills is the listing agent, according to the Multiple Listing Service.
« Last Edit: October 28, 2012, 11:44:09 AM by moonstreet »

Offline moonstreet

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Re: Carolwood House For Sale
« Reply #1 on: April 08, 2012, 11:12:16 AM »
http://www.forbes.com/sites/zillow/2012/03/21/home-where-michael-jackson-died-listed-for-sale-in-los-angeles/

 3/21/2012 @ 11:53AM |3,453 views
Home Where Michael Jackson Died Listed for Sale in Los Angeles


It was inevitable that the home where Michael Jackson met his untimely demise would eventually come up for sale. After all, it was listed previously without much success and now, once again, it has hit the Beverly Hills real estate market and is being listed for $23.9 million. Only this time, it carries a significant footnote in pop culture history as the place where the King of Pop died.

But even as images of Jackson‘s chaotically messy bedroom from that fateful 2009 night linger, the reality now is that the multimillion-dollar mansion in the tony neighborhood of Beverly Hills has been cleaned up — destined for a new chapter with new owners.

The real question now, after so much drama (word is that Jackson’s mother ordered the queen-sized headboard to be removed from the auction), is how to market the home where the King of Pop died?

Given the headline-news-circumstances of Jackson’s death, and the stunning loss of an entertainment icon, marketing this property would be a Herculean task for any real estate broker. Unless, of course, the listing agent for the home where Jackson met his tragic end was a professional with a personal stake in not only maintaining the integrity of Jackson’s legacy, but representing the value of the home, too.

“I knew him and my wife [Kyle Richards] has been friends with Michael Jackson since she was 8-to-10 years old,” said Mauricio Umansky, the listing broker for the Holmby Hills mansion and co-founder of The Agency. “And I personally think there’s some great energy in the house and I see it as a major positive. I’m excited to be selling it.”

Umansky doesn’t dance around the subject of Jackson’s death in the home. He knows the pop-culture-changing bit of history will not only come up, but be a major storyline concerning the listing.

“It is what it is. There’s no need to hide it,” Umansky said. “Michael Jackson was an amazing human being — he changed music as we know it. Unfortunately, he passed away. It doesn’t take away from the house.”

Indeed, the grandeur is what drew Jackson to the 17,000-square foot French Chateau-style estate that was the creation of Hubert Guez, CEO of Hardy Designs, and his wife Roxanne Guez. In 2002, they hired L.A. designer Richard Landry to create a one-of-a-kind estate at 100 N. Carolwood Drive, Los Angeles, CA, which sits on over an acre in the prestigious Holmby Hills real estate market.

The 7-bedroom, 13-bathroom home is finished with high-end amenities such as a theater, wine cellar with tasting room, an elevator, 14 fireplaces, a spacious spa with gym and a large swimming pool. When construction was completed, it was designed to sell and priced at $38 million on the Beverly Hills real estate market. That’s when Jackson fell in love with the property.

“He loved the master bedroom and he loved the grounds,” said Umansky. “He was happy there.”

The home was leased for Jackson by concert promoter AEG Live from December 2008 up until his death in June 2009 for a reported $100,000 monthly rental. And it was here where Jackson was preparing for his comeback tour, “This is It” when he died of a drug overdose for which his personal physician, Conrad Murray, was later convicted of involuntary manslaughter.

The home was re-listed briefly in 2010 for $23.5 million, but the home has now been re-listed at a new price of $23.9 million. All contents relating to Jackson have been removed from the home, following the sale of most of Jackson’s personal items, furniture and collections during a December 2011 auction.

Umansky said he has no plans to stage the home.

“You have the chance to live in the same home that an icon lived in. If you look at Elizabeth Taylor’s home, it sold for more money because it was Elizabeth Taylor’s home,” explained Umansky. “It’s a beautiful home on a great piece of land.”

While curiosity about the property is bound to spike with news of its re-listing, there’s little chance that anyone except a pre-approved buyer will get a tour of the place. Set behind high walls, thick hedges and double gates, it’s not an easy place to spy on. And Umansky said he will be screening all potential buyers for financial qualifications.

This is standard-operating procedure for any high-end property. However, in the case of this $23.9 million property in heart of one of Los Angeles‘ most coveted neighborhoods, the fact that Michael Jackson’s final moments were spent here only further emphasizes the need for privacy — and the guiding hand of a close friend who knows how to sell a property that, for as long as it stands, will be part of the story of the King of Pop’s demise.


Offline moonstreet

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Re: Carolwood House For Sale
« Reply #2 on: April 08, 2012, 11:17:56 AM »
http://articles.nydailynews.com/2012-03-21/news/31222186_1_conrad-murray-surgery-strength-anesthetic-propofol-zillow

Michael Jackson’s final home is for sale at $23.9 million
NANCY DILLON
Wednesday, March 21, 2012

The castle-like mansion where Michael Jackson took his last breath has hit the market, and Paris Hilton’s uncle is searching for a moneybags buyer.

Realtor Michael Umansky, the hubby of Hilton’s reality TV star aunt Kyle Richards, has listed the internationally notorious property for $23.9 million.

The 17,000-square-foot estate boasts seven bedrooms, 13 bathrooms and permanent placement in both tourist guides and the annals of pop culture.

Glimmering new images posted online bear little resemblance to the haunting, dreary photos used to convict Jackson’s personal physician Conrad Murray of involuntary manslaughter.

Those shots gave a rare glimpse at Jackson’s ultra-private inner sanctum — a closed-curtain scene littered with medical equipment, messy piles of personal effects, a poster-sized photo of an unidentified toddler and a blond baby doll left on his deathbed.

Murray is now serving four years behind bars for providing Jackson a lethal dose of the surgery-strength anesthetic propofol, used as a sleep aid.

Umansky said he has a personal stake in finding the right buyer.

“I knew him, and my wife has been friends with Michael Jackson since she was 8 to 10 years old,” he told Zillow.com. “I personally think there’s some great energy in the house, and I see it as a major positive. I’m excited to be selling it.”

Umansky’s sister-in-law Kathy Hilton is close friends with the pop icon’s sister La Toya Jackson, and sat front and center during some of Murray’s trial last year.

Umansky doesn’t mention the King of Pop in the official listing for the Holmby Hills estate, but the broker said Jackson’s tragic 2009 demise is part of the property’s story.

“It is what it is. There’s no need to hide it,” he told Zillow. “Michael Jackson was an amazing human being — he changed music as we know it. Unfortunately, he passed away. It doesn’t take away from the house.”


Offline moonstreet

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Re: Carolwood House For Sale
« Reply #3 on: April 08, 2012, 11:29:49 AM »
http://www.tmz.com/2012/03/26/robbie-williams-michael-jackson-carolwood-death-house-purchase/#.T4FoHZkV3ZU

ROBBIE WILLIAMS I'm Interested in MJ's Death House
3/26/2012 12:50 AM PDT BY TMZ STAFF


The first prospective buyer who came to look at the house where Michael Jackson died was singer Robbie Williams ... and who knew he was so loaded?

Our spies saw Robbie roll up to the house Thursday afternoon in his Range Rover.

The house was just listed -- again -- this time the asking price is $23.9 million.

We know anyone who looks at the estate has to pre-qualify ... meaning they have to show they can afford the steep purchase price.

As for Robbie, a London newspaper estimates his 2011 net worth at $149 mil. Robbie currently owns a home in the Beverly Hills area -- he paid $16 mil back in 2008. And he bought a house down the street and uses the land as a soccer field. Now that's rich.

As for the Holmby Hills estate -- Michael was renting it from Hubert Guez, the CFO of Ed Hardy. The house is 17,000 square feet, with 7 bedrooms and 13 bathrooms.

As for whether Robbie is interested in making an offer ... his rep had no comment.

Offline Mrs Fedora

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Re: Carolwood House For Sale
« Reply #4 on: June 05, 2012, 12:23:57 AM »
It would be perfect for Robbie to purchase.

Offline moonstreet

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Re: Carolwood House For Sale
« Reply #5 on: June 05, 2012, 12:32:22 AM »
 :sigh: if I had the money I would buy it and ban ALL Star Tours bus tours from the house, its just so sick how they have added it to their route.

Apparently some one has made an offer for it. Hopefully they can do something about Star Tours and the crazy woman selling maps at the end of the street

Offline Mrs Fedora

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Re: Carolwood House For Sale
« Reply #6 on: June 06, 2012, 11:52:53 PM »
Nothing surprises me anymore what those sick sherman tanks do over there  :crazy:. They treated Michael and still do, apallingly. No wonder he wanted to get away from America altogether. They had no respect for him whatsoever. The examples are on MJ.COM we shouldn't be surprised really.   :rant:


Offline moonstreet

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Re: Carolwood House For Sale
« Reply #7 on: August 21, 2012, 10:14:14 AM »
http://www.justluxe.com/lifestyle/real-estate/feature-1806896.php

Michael Jackson's $23.9 Million French Chateau For Sale
Posted: Aug. 3rd, 2012

Regardless of how you view Michael Jackson, you can't argue that the King of Pop had impeccable taste when it came to luxury real estate. It's been three years since the music legend's death and now his beautiful French Chateau estate, the last home he ever lived in, is back on the market, giving you a chance to own a piece of music history and moonwalk across the hardwood floors for just $23,900,000.

Conceived by Richard Landry and built in 2002, this Los Angeles property sits in Holmby Hills on 1.26 acres of land. The house on 100 N Carolwood Dr. is 17,171 square feet, with seven bedrooms and 13 bathrooms.

The estate's design is a classic representation of Parisian architecture, with an 18th-century Rococo flair, especially reflective in the outdoor landscaping of the courtyard. Within the home there is a wine cellar and tasting room, elevator to carry you up the three floors, wood-paneled library, game room, a spa and gym, and 12 fireplaces (one in nearly every room of the house, including the kitchen and even patio).

One of the more impressive rooms is certainly the glamorous theater with a sloping floor, making it perfect for any film screenings you may have. Plush curtains frame the large screen, a chandelier hangs above, and detailed wood work is all throughout, not to mention the sky mural on the ceiling. It looks more like a theatrical theater fit for a president than it does a home screening room.

There's a large pool outside the back of the gated home, with a neat guest room featuring stained glass doors. The gardens are definitely one of the biggest perks of the estate. We love the way vine has climbed up the front facade of the home, partnered with tall trees nestled against the surface. In the circular driveway is a round pound, with a bubbling fountain in the center, which completes the picture perfectly.

For more information visit http://www.theagencyre.com/for-sale/100-n-carolwood-holmby-hills/

Offline moonstreet

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Re: Carolwood House For Sale
« Reply #8 on: August 21, 2012, 10:21:22 AM »
http://www.theagencyre.com/for-sale/100-n-carolwood-holmby-hills/

100 N Carolwood Dr. | Holmby Hills

Elegant and sophisticated French Chateau estate was conceived by Richard Landry and completed in 2002 in the most prestigious area of Holmby Hills. This property is a major achievement in design and proportion, incorporating classic design and impeccable craftsmanship and offering the perfect integration of charm and elegance in a world-class setting. The estate also offers a glamorous theater for screenings in a grand style, a magnificent wine cellar and tasting room, elevator, a spacious spa with gym, and an elegant guesthouse with stained glass doors leading to the expansive pool and gardens. Within the approx. 17,000+ square feet of living space are seven bedrooms, thirteen baths, and twelve working fireplaces. A lush and mature landscape surrounds the estate on approximately 1.26 acres.

Price $23,900,000                                                                 Beds 7
Square Footage 17,171                                                          Style French
Air Conditioning Central                                                          Pool Yes
View Courtyard, Pool, Tree Tops                                              Heating Central
Spa Private                                                                          Neighborhood Holmby Hills
Baths 13                                                                              Lot Size 54,87
Year Built 2002                                                                      Stories 3
Parking Private, Garage, Gated                                                  Security Gated
Maid's Room Yes

Property Features
Movie Theater
Wine Cellar
Tasting Room
Gym
Elevator

Offline moonstreet

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Re: Carolwood House For Sale
« Reply #9 on: October 27, 2012, 01:50:47 PM »
http://www.tmz.com/2012/10/26/michael-jackson-death-house-sold-investment-banker/

MICHAEL JACKSON House SOLD!!!.... Almost
10/26/2012 4:30 PM PDT BY TMZ STAFF


The house where Michael Jackson died is in escrow and about to close ... TMZ has learned ... and the buyer was so anxious, he's moving in weeks before escrow is scheduled to close.

The buyer is Steven Mayer, a super-rich investment banker. 

Our sources say the purchase price was somewhere between $17 and $20 mil -- it was listed for nearly $24 mil.

And this is interesting ... for some reason the seller is letting Mayer move in before escrow closes  -- something real estate honchos think is high risk.

Mauricio Umansky at The Agency represented Mayer and the seller of the home. We reached out to him, but haven't heard back.

At any rate, Mayer loves the crib a lot.

Offline moonstreet

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Re: Carolwood House For Sale... SOLD OCTOBER 2012
« Reply #10 on: November 01, 2012, 10:14:53 AM »
http://www.huffingtonpost.com/2012/10/29/michael-jackson-home-sold-steven-mayer_n_2040972.html?utm_hp_ref=business

Michael Jackson's Home Sold To Investment Banker Steven Mayer: Report
The Huffington Post  |  By Harry Bradford
Posted: 10/29/2012 4:55 pm EDT Updated: 10/29/2012 5:18 pm EDT


The former home of the King of Pop may be landing in the hands of a king of investments.

Steven Mayer, who TMZ identifies as a “a super-rich investment banker,” has reportedly purchased the home where Michael Jackson passed away in 2009 for between $17 and $20 million. The house, which has been listed for as much as $29 million since the singer’s death, has attracted interest from a wide range of famous buyers, including Robbie Williams, as well as at least one other unnamed “major celebrity” but it seems it's Mayer’s zeal that’s won the day.

TMZ attempted to get in touch with Mayer's real estate agent, who is also reportedly the agent for the seller of the home, but didn't hear back.

Given Mayer's apparent enthusiasm for the seven-bedroom home which features a pool, guest house and even an elevator, few would have been surprised if he paid more for the home than the asking price, but as it happens celebrity homes rarely receive a price boost despite their association with fame and fortune, according to The Los Angeles Times. Celebrities like Penelope Cruz and Meg Ryan have slashed prices on their homes, while those unfortunate enough to enter foreclosure such as R. Kelly and Burt Reynolds have had to sell their homes for well below the asking price.


Offline moonstreet

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Re: Carolwood House For Sale... SOLD OCTOBER 2012
« Reply #11 on: November 03, 2012, 11:23:29 AM »
http://blogs.wsj.com/developments/2012/11/02/former-michael-jackson-home-sells-for-18-1-million/

November 2, 2012, 4:09 PM
Former Michael Jackson Home Sells for $18.1 Million
By Lauren Schuker Blum


The home where pop singer Michael Jackson lived for about six months until his death has sold for $18.1 million, according to broker Mauricio Umansky, who represented both the buyer and the seller in the transaction.

Mr. Umansky declined to name the buyer, but two people close to the deal said it was Steven Mayer, a senior managing director of private investment firm Cerberus Capital Management. Mr. Mayer was not immediately available for comment.

Concert promoter AEG had been renting the property for Mr. Jackson for $100,000 a month when he died in June 2009. The home belongs to Hubert Guez, owner of apparel company Ed Hardy, and his wife Roxanne Guez, according to public records

Located in L.A.’s affluent Holmby Hills neighborhood, the 17,000-square-foot home has seven bedrooms, 13 bathrooms and 12 working fireplaces. Designed by well-known architect Richard Landry, the French Chateau estate has a theater, a wine cellar and a tasting room, an elevator, a spa with a gym, and a guest house with stained-glass doors. There’s also a pool and gardens on the roughly 1.3-acre property.

Real-estate developer Mohamed Hadid built the home in 2002. The Guez family bought it in 2004 for $18.5 million. Two years ago, the couple put it up for sale for $29 million. They re-listed it for sale earlier this year for $23.9 million.

Mr. Umansky, chief executive and founder of real-estate firm the Agency, said he thinks “this house will ultimately become a legendary place in music history, much like where Elvis lived.”