Luxe Living

Jessica Simpson may want two kids, but she definitely doesn’t want two houses. After buying Ozzy and Sharon Osbournes’ stunning Hidden Hills estate, she’s listed her longtime Beverly Hills home for $7,995,000!

Simpson purchased the 5-bedroom, 6 bathroom, 5,500 square-foot estate on December 16, 2005, right after she announced to the world that she and husband Nick Lachey were divorcing. She originally paid $5,275,000.

Simpson’s, fiance Eric Johnson and baby girl Maxwell have been living as one happy family in the home for the past few years, but now they’re ready to sell the estate off and nest in their new Hidden Hills home.

Built in 1991, the custom home is evocative of the stylish real estate found in the Hamptons and is located in one of the most private, guarded celebrity enclaves. The property is walled and gated, with a stone courtyard that leads to a koi pond.

Inside, high ceilings punctuate the formal living room and dining room. A family-friendly, restaurant-style gourmet kitchen leads to the breakfast room then out to the stone courtyard. The media/family room opens out to the serene, private and secure park-like grounds and swimming pool.

The home also has quite the Hollywood pedigree. Prior to Simpson and her family living here, Paul Hogan, Tom and Kathy Freston, Ellen DeGeneres, and Rick Yorn all called this gorgeous property home.

Daisy Fuentes, the Cuban-American model, television host and budding fashion mogul, has just purchased a beachfront Malibu home for $5,750,000. According to property records, Fuentes purchased the beachfront estate on April 12, 2013 for $5,750,000. It has 3 bedrooms, 3 bathrooms and 3,836 square feet.

The newly-built oceanfront home sits on over fifty feet of sandy Las Flores Beach. Inside and out, there is a perfect blend of design and function created by world-renowned designer Michael Lee. Fuentes’ new home comes complete with the finest amenities, from French hand carved limestone fireplaces to gorgeous Mahogany doors and windows, coral stone decks to French oak flooring. Perfect for a fashionista like Fuentes, the home radiates style and grace throughout the open, flowing floor plan.

Already in love with her new home, Fuentes posted a picture of herself on Facebook on the beachfront deck last week!

Aside from her brand new Malibu beach abode, Fuentes owns a house in the Hollywood Hills that she purchased on September 1, 2005 for $4,500,000. According to sources, Fuentes sells about $300 million worth of goods, including hair care, fragrances, clothing, sunglasses, and accessories at Kohl’s department stores each year. With an empire like that, it’s no surprise she’s building a luxury real estate portfolio!

Tech mogul David Sacks has just paid $20 million for 2845 Broadway Street in San Francisco, making it the one of the most expensive homes ever sold in San Francisco. Sacks and his wife Jacqueline are the proud new owners of the partially-completed home on ‘Billionaire’s Row.’ The estate was previously owned by Peter Sperling, who made his fortune and earned his right to live on the prestigious block by helping build the The University of Phoenix online education empire.

Sacks and his family will fit right into the neighborhood: earlier this year, he sold his company, Yammer, to Microsoft for $1.2 billion. Prior to Yammer, Sacks was COO at PayPal and founder of Geni.com, a family tree building and networking site. Just one month after selling Yammer, Sacks predicted “the end of Silicon Valley as we know it.” Perhaps this hunch is what convinced him to settle his young family into the historic Pacific Heights neighborhood, a part of town also enjoyed by nearby residents like the Getty family, Larry Ellison and Marc Pincus.

Originally listed unfinished for the astronomical price of $65 million, the Sacks’ new home came on and off the market with drastic price chops for the greater part of six years. According to Socketsite, 2845 Broadway was part of a two-parcel site, which also included 2940 Pacific, that was purchased by the Sperlings for $32 million in 2002. The cost of construction for the 17,500 square foot home and 6,000 square foot guest house exceeded $20 million, and the “buzz among local brokers” is that it will cost upwards of $10 million to finish the home. Sacks better dig deep into the Microsoft money to make it happen.

Update:

We had previouly heard buzz among local “in-the-know” brokers that the purchase price would be $34.5 million. This is not the case and our source was incorrect. Public records now show the full purchase price of the home was $20M.