January 2008 issue of Architectural Digest.
Almost two years later in October 2010, the 8,172 square foot Spanish-style pile nestled privately near the top of Nichols Canyon and dubbed by the rich and powerful Hollywood honcho as Casa di Pace—that's 'House of Peace' in Spanish or I-talian or something, dontcha know?—popped up on the open market with an asking price of $14,950,000. Despite at least one price drop the star-style property in the Hollywood Hills has languished.
A week or so ago, as noted by the folks at Zillow, Mister Seacrest re-listed the just-over-an-acre estate with a new, improved and much lower asking price of $11,985,000. A few quick flicks of the well-worn beads on Your Mama's bejeweled abacus shows that's just $485,000 more than the $11,500,000 he paid for the place in April 2006 when he bought it from two-time Oscar winner Kevin Costner.
Considering the considerable carrying costs and no-doubt balloon-like renovation and redecoration expenses, not to mention the real estate fees that could easily run into the hundreds of thousands, it appears to Your Mama that even if Mister Seacrest's Real Estate—unquestionably one of the most successful in Los Angeles—manages to pull in a full price sale he still stands to lose a pretty-pretty penny on the property, a pain and suffering Your Mama imagines just might be at least somewhat mitigated for Mister S. by an annual income that reportedly exceeds $55,000,000.
Current listing information shows the fully renovated, two-story, multi-winged canyon and city view mansion—all decked out by decorator Jeff Andrews—has 6 bedrooms, 6.5 bathrooms, a rotunda entry, formal living and dining rooms and—natch—a screening room.
The gated grounds, no doubt fortified with the most advanced security technologies, encompass a circular motor court, well-tended gardens, detached guest house, numerous balconies and terraces, a lap-length swimming pool set into a flat, grassy terrace, and a lighted tennis court set directly but well below the residence.
Although still reeling with a vicious hangover from dinner last night with gal pal A. Stickpot, we still had the presence of mind this morning to give our our always well-informed acquaintance Shirley Icantellya a ringy-dingy to see if she had any dish on Mister Seacrest's real estate plans. She told us word on the celebrity real estate street is Mister Seacrest fancies a move to the hoity-toity streets of Bel Air where he's been peeping posh properties priced "up to $35,000,000."
How y'all like them real estate apples?
aerial photo (top): Pacific Coast News
exterior photos (bottom): Westside Estate Agency