Celebrity Real Estate Moves: Mansions Of NBA Stars, Hollywood Directors, Ernest Hemingway Hit The Market

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From a mansion in Miami to a condo in Atlanta, big-name actors and professional athletes have wasted no time marketing their luxury properties for sale.

In Miami Beach, tennis star Caroline Wozniacki and her husband, former NBA player David Lee Want, have listed their sleek penthouse for $42.5 million, the Wall Street Journal reported—the property includes five bedrooms and six bathrooms, a marble kitchen island, private rooftop pool and a bar overlooking the water.

A sprawling mansion formerly owned by actor Tyler Perry and featured in the movie “Diary of a Mad Black Woman” is for sale for $6 million and likely to go up for auction early this year, David Ashcroft of Platinum Luxury Auctions told Forbes, complete with six bedrooms, marble floors, floor-to-ceiling windows, a theater and gym in 16,500 square feet of living space—plus an infinity pool and al fresco dining area.

Rex Tillerson, who served as the Secretary of State for a year under former President Donald Trump, listed his four-bedroom, 5,709-square-foot Washington, D.C. townhouse for sale late last year for $6.5 million—$1 million more than he paid for it.

NBA all-star Joel Embiid has put up for sale a two-story Philadelphia penthouse that includes two bedrooms, a rooftop pool and skyline views for $5.5 million.

An 1895 property that once housed writer Ernest Hemingway and his first wife, Hadley Richardson, is listed for sale in Chicago for the first time in 55 years; the $2 million property includes two studio apartments with separate entrances, a five-bedroom main house and a three-bedroom coach house with two car garage.

Michael Soroka, a pitcher for the Chicago White Sox, is selling his 3-bedroom townhome in Atlanta for $1.15 million with a gourmet kitchen, custom built-ins and workout room.

$190 million. That’s how much Beyoncé and Jay-Z paid for a Malibu property that topped the list of the most expensive homes sold in 2023, according to the Wall Street Journal. Others that topped the list include a $170 million home in Palm Beach bought by luxury car dealer Michael Cantanucci and his wife, Rush Limbaugh’s former home that was sold to billionaire William Lauder for $155 million and an unknown buyer who purchased a Greenwich, Connecticut, mansion for $138.8 million.

The overall housing market saw a decline in 2023, largely due to high mortgage rates that saw would-be buyers pump the breaks on home purchases. At least five deals closed for $100 million or more in 2023, alongside 33 properties that sold for $50 million or more, according to the Wall Street Journal—those numbers are down from seven and 44, respectively, in 2022. While interest rates have cooled over the last several months following a 2023 peak of 7.79% in October, the week ending Jan. 4 saw the average 30-year fixed mortgage rate rise to 6.62% and experts warn the new year may not bring much reprieve. While the overall market may see improvements in 2024, uncertainties about inflation, debt and fear of a potential recession could mean more of the same.

A number of celebrities are starting the new year in a new (ish) home with the purchase of high-dollar properties. Kevin Love, who signed an $8 million contract with the Miami Heat basketball team last year, paid $95 million for a 6,400-square-foot, 7-bedroom home with a wine cellar and pool late last year, according to the Real Deal. Actress Zoa Saldana of “Avatar” and “Guardians of the Galaxy” fame was recently revealed to have purchased a $17.5 million Spanish Colonial-style estate in Montecito last year, complete with a tennis court, pool, guest house and attached two-bedroom apartment. Rapper Kendrick Lamar is said to have recently purchased a $8.6 million penthouse in Brooklyn, New York, which includes four bedrooms, a sprawling kitchen and two stories of living space.

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