us news today: Celebrity Real Estate: Witherspoon selling Ojai estate

Friday, September 21, 2012

Celebrity Real Estate: Witherspoon selling Ojai estate

By Zillow staff

This week in celebrity real estate, Reese Witherspoon listed her Ojai vacation home for sale, and Adrienne Maloof of "The Real Housewives of Beverly Hills," puts her family home up for sale.

Reese Witherspoon's getaway listed for $10 million

Photo by Don Lewis

Reese Witherspoon's estate was first built as a horse stable.

Reese Witherspoon's Ojai, California retreat has hit the market for $10 million. The horse property was not only a getaway for Witherspoon and her family, but also a rumored escape for actor Robert Pattinson.

According to reports, Pattinson headed to Witherspoon's Ojai estate after it surfaced that girlfriend and fellow "Twilight" star Kristen Stewart had cheated on him.

The Ojai home is an hour from Los Angeles ? and the paparrazi that comes with it ? in an area that feels "like you're in the country and you're away from it all," says listing agent Billy Rose, co-founder of brokerage The Agency.

"Assuming the reports are correct and Pattinson was there, it's a place that people don't care. There's not the same sort of celebrity attraction that we have (in L.A.) with the vans and buses with people who want to go look at houses that people lived in 40 years ago," explained Rose. "I think that you can be much more of a normal person up there."

Normalcy is probably what Pattinson was pursuing and likely what also attracted A-lister Witherspoon when she purchased the home.

The estate at 915 Del Norte Rd, Ojai, California, 93023 was originally built as a stable for Edward Libbey, the glassware magnate, who is also considered the founding father of Ojai. Libbey commissioned celebrity architect Wallace Neff, who put his own touch on the property.

?Ghostbusters? actor and director Harold Ramis owned the residence previously, as did designer/supermodel Kathy Ireland at one point. Ireland completed a full remodel of the property, but as Rose explained, kept the authenticity of the home.

Photo by Don Lewis

The home features exposed beams and Spanish tiles.

Photo by Don Lewis

The home was recently featured in both "House Beautiful" and "Elle Decor."

See more photos of Witherspoon's estate on Zillow.

Real Housewives' Adrienne Maloof lists estate for $26 million

Estella Sneider

Adrienne Maloof and her husband bought the home in happier days for the couple in 2004.

What's more dramatic than a reality TV show? How about the fiery fallout of a real-life, bitter divorce between stars of a reality TV show.

"Real Housewives of Beverly Hills" star Adrienne Maloof and her estranged husband, Paul Nassif, have upped the ante on their breakup by putting their family estate for sale for a whopping $26 million.

Listed by Mauricio Umansky, CEO and co-founder of The Agency, and husband of Maloof's fellow cast member Kyle Richards, the enormous Beverly Glen home spans 20,000 square feet on 2 acres at 54 Beverly Park Way, Los Angeles, Californa, 90210.

The home has figured largely in the "The Real Housewives of Beverly Hills" series. Maloof and Nassif purchased the mansion for $12.708 million in 2004. Maloof, 51, is a co-owner of various Maloof Companies ventures, including part ownership of the Palms Casino Resort in Las Vegas and the Sacramento Kings basketball team.

The 8-bedroom, 11-bath home features indoor and outdoor dining rooms and grand living spaces with high ceilings. There's also a tennis court, swimming pool, home theater, office and library area.