Cher Makes a Name for Herself in Real Estate

Although she has been one of the world’s greatest stars as a singer, comedian and actress, Cher might have had an even more successful career as a real estate developer.

From Florida to California and Hawaii, Cher has had her hand in designing and decorating a number of homes including on the Big Island in Hawaii at the exclusive gated Hualālai Resort where she and her architect-partner, William Long, designed a stunning ocean-view, Bali-style house – a result best described as contemporary meets exotic.

The current owner, billionaire businessman Bob Parsons, who founded GoDaddy in 1997 and the founder of PXG/Parsons Xtreme Golf has put the home on the market fully furnished for $10.955 million.

Since 1970 when Cher and Sonny Bono bought their first serious home, Cher has been fully engaged in managing the decor, first in conjunction with decorator Ron Wilson. She would tell him what she wanted, he would say it was impossible, and she said, “just do it.” He always did and worked with Cher on her next five home acquisitions through 1991. In 1996, she bought a property in Miami Beach when she took over the decorating herself and also launched Sanctuary, her mail order catalog.

By now, her style was permanently grounded using large pieces and varied textures, simply without clutter. After selling the Miami Beach mansion in 2002 she bought and decorated another grand mansion in Malibu, then advanced from decorating to designing the actual home in Hawaii with the assistance of Mr Long in 2008.

Taking full advantage of Hawaii’s perfect weather and gentle tradewinds, Cher’s design maximized these climate elements by emulating the Balinese open-pod architectural style with great expanses of movable glass walls that create a vanishing threshold for indoor-outdoor living.

Since air conditioning is rarely necessary and overhangs prevent rain showers from coming in, it’s not only refreshing but also a practical approach to year-round living. Spread across just over three quarters of an acre, the 9,446-square-foot house is made up of a series of pods that are arranged with the owner occupying the central pod which contains the main living and dining rooms, kitchen, casual dining on the lānai, and master suite. Guests have separate individual pods at the courtyard entrance so they don’t have to traverse the main living area when coming and going.

Overall, the home includes six bedrooms, six full and two half baths. Some of the baths open to private gardens for outdoor showering. The master suite faces the ocean, has an office and private deck with wrap-around water feature. The master bath has custom-stone sinks and a free-standing soaking tub open to its own private garden. Outside there is an infinity-edge pool and spa with wide panoramic views of the ocean and the members-only Ke’olu Golf Course. The buyers will also have access to the resort’s shared amenities, which include tennis, golf, a swimming pool, private beach club, six restaurants and access to the Four Seasons Resort Hualālai.

Cher designed and decorated Bali-style house inside the gated Hualālai Resort is now for sale, priced at $10.995 million. The listing agent is Rob Kildow, director of residential sales at Hualālai Realty, Kona-Kohala Coast.

Source: TopTenRealEstateDeals.com

Photos courtesy of Hualālai Realty   

First introduced to the world in the 1970s with a string of No. 1 hit songs and blockbuster movies, super-star actress, four-time Grammy winner and world-class beauty, Olivia Newton-John, is selling her Australia farm that she has owned for almost forty years.

Olivia bought her farm in the early 1980s after her roll in the 1978 film Grease, the break that would make her a super star. It was her Australian retreat where she would recharge in the peace of the rainforest and views over the land.

Now 70 and with Florida as her home base, when Olivia does return to Australia she and her husband, John Easterling, stay at the Gaia Retreat & Spa which she co-owns. Hoping to attract a buyer who is as close to nature as herself, she has put the 187-acre farm and its French Country-style home on the market for offers in excess of $5.5 million AU ($3.9 million US).

Located only 40 minutes from celebrity and tourist favorite Byron Bay, the farm is a mix of rolling pasture and green lawns with panoramic views, rain forest with a natural waterfall, two dams, a pond and a creek that runs through the property, which abuts the Victoria Park Nature Reserve National Park and acts as its boundary. Over the years Newton-John planted over 5,000 additional trees expanding the prolific wildlife habitat. Grounds include the main residence of three bedrooms and two baths and attached four-room guest quarters, two-car garage and tennis court. The home, positioned on a hill to maximize the views, was renovated in 2002 in the French rustic style.

It includes pine floors, textured entry walls with shells and pebbles from local beaches, and a large eat-in kitchen designed as a gathering spot for friends and family. Multiple outdoor porches and terraces, including a wide dock on the pond, invite outdoor living and sunset views. The attached, but completely private guest suite, has a large living room, a kitchenette, bedroom, bath and additional conversation nook, making a total of four bedrooms and three baths.

With more than 100 million albums sold, Olivia has won four Grammys, numerous Aria, Country Music, American Music and People’s Choice Awards, an Emmy Award plus ten #1 hit songs.

Olivia Newton-John is selling her much-loved Australian farm originally purchased nearly four decades ago during the era of her hit single, Physical. Seeking offers in excess of $5.5 million AU ($3.9 million US), the listing agent is also Newton-John’s lifelong friend Jillian McGrath with McGrath Estate Agents, Northern Beaches Office Australia.

Photos courtesy of  McGrath. Source: TopTenRealEstateDeals.com.

Bar Harbor, the summer stomping ground of elites such as John D. Rockefeller, Jr., J.P. Morgan, Cornelius Vanderbilt, the Astor family and President William Taft, is home to East of Eden — a mansion that survived a fire that destroyed most of the town in 1947.

One of Maine’s last Gilded Age mansions, East of Eden, is now for sale in Bar Harbor. The Gilded Age was a glittering era that took place after the American Civil War in the late 19th century, and was filled with economic growth from new technologies and new ways of organizing businesses. East of Eden, formerly known as Eegonos, was one of the few Gilded Age mansions in Bar Harbor that survived a fire in 1947 that destroyed most of the town. It was placed on the National Register of Historic Places in 1980.
With its picturesque New England coastline, it wasn’t too many years after the British settled the area in the late 1700s that the people of the upper class decided Bar Harbor — originally known as Eden — would be perfect for their summer retreats.
Bar Harbor was the summer stomping ground of elites such as John D. Rockefeller, Jr., J. P. Morgan, Cornelius Vanderbilt, the Astor family and President William Taft who enjoyed playing his golf there. Nelson Rockefeller was born in Bar Harbor and kept a home in nearby Seal Harbor for many years. Today, the resort town’s summer season is filled with film and television celebrities, writers, artists, lobster rolls, water sports and ordinary people enjoying the scenery and laid-back atmosphere.
Designed by Guy Lowell, the home is a blend of Beaux Arts and Mediterranean Revival style. Its 15,000-square-foot manse construction was completed in 1909. The 2.5 story house is positioned on nine private acres of waterfront with a deep-water dock to tie up a yacht or to enjoy the sunset. There is plenty of room for guests and extended family with fourteen-foot ceilings, eight bedrooms and twelve baths. Old world features include a large marble foyer, columned separations between major public rooms, fireplaces finished in marble and wood, ceilings with decorative friezes and medallions and hand-painted wall murals.
In addition its the detailed restoration, all mechanical systems have been updated. There is also an eight-bay garage to accommodate owners and overnight guests. East of Eden is a quick drive to Arcadia National Park and Bar Harbor’s restaurants and shops.
One of Maine’s few remaining Gilded Age mansions, The Knowles Company has listed East of Eden for $15.5 million.

Photos courtesy of The Knowles Company Realtors

Rappaport beat his own sales record with the $120 million off-market deal to Canadian billionaire developer Daryl Katz.

Westside Estate Agency co-founder and CEO Kurt Rappaport has sold his 7-bedroom Malibu mansion to Canadian billionaire Daryl Katz for $120 million. The home was designed by architectural designer Scott Mitchell, whose clients include Larry Ellison and Jeffrey Katzenberg.

The off-the-market deal, which closed on Friday, Feb. 9 according to the New York Post, had been rumored to be on the rocks in December, though neither Rappaport nor Katz would comment at the time on the nature of the alleged snafu, as The Real Deal reported.

Rappaport has broken his own record for selling the priciest home in Los Angeles — the previous record-holder was his $85 million sale of David Geffen’s Malibu estate, which he brokered last May.

The sale of his 15,000-square-foot home included everything inside the home, which is reported to include artwork by Damien Hirst, Ed Ruscha and Sterling Ruby. The house was rented out for $750,000 per month, and contains a private screening room, home gym and the longest pool in the state at 168 feet.

Katz is estimated to be worth just over $3 billion and owns the NHL franchise, the Edmonton Oilers. His wealth comes from managing pharmacy chains, including Rexall. However, now his company, Katz Group, has turned to real estate. The Katz Group is leading a more than $2 billion redevelopment project in Edmonton known as the ICE District and built a new arena for the Oilers in the city, according to Forbes.

Photo courtesy of Westside Estate Agency

Located within an exclusive gated community on the west side of San Jose, Costa Rica, this stunning mansion offers a secluded, private setting with incredible panoramic views.

“This home is perfect for entrepreneurs and TV [and] movie stars, as it has incredible privacy.” —  Listing Agent John Ordonez

This private home is situated in the central valley and is less than five minutes away from Santa Ana and Escazu’s business area, Forum I, II Plaza Roble, shopping areas and gourmet restaurants.
“It is in an incredibly peaceful setting and has stunning views of the city and mountains,” says listing agent John Ordonez of Luxury Homes Costa Rica. “It is built in one of the most exclusive communities in central valley San Jose and although it is part of a gated community it has enough land to offer privacy and comfort.”
Offered for $4.5 million, the home features five bedrooms, six baths, a swimming pool, attached independent office space, a meeting room, maid’s quarters and more.
“The pool area and pool have won awards and are quite amazing,” says Ordonez. “The master bedroom is also stunning.”
The exclusive gated community offers a private entrance, 24/7 security and camera surveillance, cobble internal roads, tennis courts, basketball courts, and a club house.

For more information on this exclusive property, visit www.LuxuryHomesCR.com.

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