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Forbes

The Biggest A-List Celebrity Homes For Sale Now

By: Larry Olmstead
Published: 8/1/2011Source: Forbes

From Harrison Ford to Sean “Diddy” Combs to the late Elizabeth Taylor, there are true mega-star homes on the market right now, and these incredible properties reflect the success of their owners.

 

Interestingly, when it comes to the most famous celebrities, real estate may be one of the few non-inflated things you can buy. You can buy a mid-1970s Rolex Submariner 55XX series for under $5000, but the same watch, except that it was worn by actor Steve McQueen, went for over a quarter of a million dollars. Likewise, JFK’s cigar humidor fetched more than half a million dollars at auction, and it takes up about a square foot of real estate. So in a world obsessed with celebrity, where provenance can increase values hundreds or thousands of times, celebrity homes, which get only slightly inflated by their history, might seem like a bargain in comparison. Of course, when you go to sell, you’ll find the same lack of celebrity appreciation disappointing, but in the meantime, at least you can throw great parties in a mansion where one of the most famous people on the planet once threw parties.

 

Celebrity homes are on the market all the time, with plenty to choose from, and compared to the recent rash of high eight and even nine-digit billionaire homes, they can be surprisingly affordable, even for the true A-Listers. Of course, some are plenty expensive.

 

Here is a look at some of the homes of the ultra-famous currently on the market, courtesy of TopTenRealEstateDeals.com, which lists celebrity and other famous and unique homes (think Amityville Horror house, Godfather 2 Tahoe estate, etc.) weekly.

 

 

Billy Joel Waterfront Estate: The third best-selling solo artist in US history, the Piano Man did for Long Island what Bruce Springsteen did for New Jersey, immortalizing his hometown while cranking out hit sing after hit song and famously marrying and divorcing Supermodel Christie Brinkley. The 23-time Grammy nominee amassed six wins, and famously wrote all his own songs, securing 33 Top-40 hits and selling 150 million records through three decades. His four bedroom “beach house” is more like a mansion in Long Island’s Sagaponack, and has double provenance – it was previously owned by actor Roy Scheider of Jaws fame. It spills onto a sandy beach and has 145 feet of oceanfront, which can be viewed from twin terraces on the upper floor. Recently renovated by an interior designer, the house in turn-key ready with gourmet kitchen and twin MBR suites. The price has been reduced at least twice, from a high of $22,500,000 to the current $16,750,000.

 

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