Posted by Cristin | July 16, 2012 | Tags: Actor, California, Drake, Grotto, Hidden Hills, Larry Pollack, Pool, Price Reduction, Rapper
Most Known For
Actor/Rapper
Home Stats
7 bedrooms, 9 bathrooms, 7,444 square feet, resort-style swimming pool
Drake, the multi-platinum rapper, has just purchased the massive Hidden Hills compound he has been renting for the past few months. The home is no stranger to the real estate market – it hit the market in January 2009 with an eye-popping $27M asking price - that’s $3,627 per square foot. With no one willing to pay way-above-market-value for the suped-up estate, the price was chopped all the way down to $9.95M in November of 2009. 3 years and $2.25M more in price reductions, Drake has purchased the palatial pad for the bargain basement price of $7.7M, according to public records.
Marketed at “the ultimate Hidden Hills compound estate” and a “world class private resort,” the estate features 7 bedrooms, 9 bathrooms and clocks in at 7,444 square feet. Larry Pollack, the owner of the famous Saddle Ranch Chop Houses, purchased the estate for “land value only” in 2003, and spent 4 years rebuilding and constructing this one-of-a-kind masterpiece. No expense was spared on interior appointments and all new exterior grounds. A multi-million dollar pool boasts cascading waterfalls, 80′ water slide, a grotto and more. Other exterior features include a tennis court, 5 stall horse facilities with riding area, a sand volleyball court, commercial bathrooms, mechanical bull, viewing pavilions and more. The interior features include 24-seat theater, game room, spa/massage room, master suite with his/hers bathrooms, and a spectacular wine cellar/tasting room.
Enjoy the new digs, Drake!
Images via the MLS.
See more homes for sale in Hidden Hills »
Posted by Cristin | February 8, 2012 | Tags: Athlete, Baseball, Matt Cain, MLB, Price Reduction, San Francisco Giants, Views
Matt Cain
San Francisco, CA
Most Known For
Pitcher for the San Francisco Giants
Home Stats
4 bedrooms, 3 bathrooms, 2,815 square feet
While it’s not on the baseball diamond,
SF Giants pitcher Matt Cain just added a loss to his stats. Cain’s real estate reality means the young baller will likely take a loss on his recently relisted and completely
remodeled Noe Valley home.
Curbed SF is reporting that just this week, he placed the home back on the market for $1,795,000. That’s $255,000 less than the $2,050,000 he paid for it when he bought the place in 2008.
It was first listed in September 2011 for $1,950,000. The price dropped a month later and was pulled from the market in December. It just reappeared on the open market with the same reduced price from December.
What can you actually buy for that reduced price from the champion pitcher? The Mid-Century home has an open floor plan and floor-to-ceiling windows that optimize stunning San Francisco Bay Views. The corner home is detached on three sizes, allowing for wonderful natural light – a rarity in the fog-drenched city by the Bay. The top floor features an open living room, dining room, solarium and exquisite kitchen with refrigerator, 6-burner Thermador range, Bosch dishwasher, microwave, sound-system plus desk area with iPod dock and computer station. The bedrooms include two large master suites, a den that could could be converted to a 5th bedroom and a powder room complete the floor. The lower level has two additional bedrooms and a bath. One of the bedrooms is currently used as family room opening to large view deck.
Cain is a free agent next year and hasn’t yet received a long-term extension from the Giants, which may be prompting the sale. Or maybe he needs a change of scenery. Either way, the reduced list price indicates that he’s highly motivated to sell. Play ball!
See more images of Matt Cain's San Francisco home »
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