Gazett-Mail Real Estate - Articles
Celebrity Real Estate Roundup: A-Rod, Kid Rock, Eminem
By Laura Vecsey
Facing Stiff Penalties, Alex Rodriguez Downsizes in Miami
How the mighty have fallen. Once seen as the heir to Major League Baseball's home-run record and a Hall of Fame lock, Alex Rodriguez was the best player with the biggest paycheck in the history of baseball.
Now, not so much.
After a 211-game ban by MLB for his use of performance-enhancing drugs, the 38-year-old Rodriguez is facing his legal battles in far less luxurious digs than he's been used to.
After selling his waterfront, custom-built modern mansion in Miami for $30 million, A-Rod has found a new pad: A 3-bedroom high-rise condo for $2.1 million. That's meal money for a player whose $252 million deal with the Texas Rangers and subsequent extensions from the New York Yankees made A-Rod the game's top paid player.
For a man used to making $28 million a year from the New York Yankees, this housing move seems like a severe cost-saving measure. But with his life in crisis management mode, A-Rod needed a place to huddle with lawyers and hole up with his two daughters and this place fits the bill.
His new condominium complex in Millionaire's Row in Miami Beach doesn't lack for amenities, including a fitness center, spa, infinity pool, 24-hour concierge and valet parking.
Divergent Real Estate Deals For Two Detroit Rappers
Kid Rock is a man of contradictions. An individualist who married rock, country and rap to become one of the top entertainers, Kid Rock also treasures his role as a single dad.
One other unlikely quality for the longhaired party animal? He's got great taste in home décor. That much was proved when Kid Rock's lovely Malibu estate at 28830 Bison Ct hit the market for $13.45 million.
Apparently, you can take the Detroit rockabilly out of the boy. The 8,300-square-foot Balinese-styled abode is a testament to excellent taste in architecture and interior design.
"I wanted a place that was comfortable and fun, where I could kick back, write music and hang out with friends. But it also had to be a house that was well-built—something with quality," Kid Rock, AKA Robert Ritchie, told the LA Times Magazine in 2008.
Kid Rock bought the 5-bedroom, 5-bathroom property in 2006 for $11.6 million. Typical of most Malibu homes, the house has an open floor plan, incorporating indoor and outdoor living areas. The property includes a chef's kitchen, guesthouse and pool with outdoor shower.
Meanwhile, rapper Eminem's not-so-nice home from when he was a teenaged Marshall Mathers is up on the auction block.
Mathers lived in a Greenbrier neighborhood house with his mother, Deborah Mathers, between 1989 and 2003, but today the house is abandoned, boarded up and estimated to be worth about $33,000.
Located at 19946 Dresden St, Detroit, Mich., the 2-bedroom, 1.5-bath house has appeared in Eminem's work. His 2000 album, "The Marshall Mathers LP," features an image of the home on its cover. Recently, the rapper revealed that "Marshall Mathers LP 2'' also depicts the Detroit home.
Bob Hope's Estate For Sale
In the 1940s and '50s, when everyone from Bing Crosby to Richard Nixon were guests, Bob Hope's Toluca Lake home was the place to be. It didn't hurt the image of exclusive enclave that Roy Disney and Frank Sinatra were also Toluca Lake residents.
Now, the end of the era is complete. Hope's home is for sale at $27.5 million.
The Moorpark residence at 10346 Moorpark St, Toluca Lake, Calif., is massive. It contains a 14,876-square-foot main house, a 2-bedroom, 2-bath guesthouse, as well as a 2-bedroom, 1-bath staff residence.
It sits on the site of a former walnut grove and is a symbol of Hope's savvy real estate investments. At one point, Hope was one of the largest individual property owners in Southern California with more than 10,000 acres in the San Fernando Valley alone.
While the Hope estate has listed several other Hope properties, including his impressive John Lautner-built modernist masterpiece in Palm Springs, this homestead was the last to be listed.
Traditionally styled like an English manor, Hope's home has 8 bedrooms and 8 bathrooms and a massive foyer that leads to a party-sized formal living room that overlooks the manicured grounds that hold a pool, patios, sprawling lawns and a 1-hole golf course.