Top 10 Celebrity Homes For Sale In 2011

In today’s housing market, it’s not easy to sell real estate. This is even true for celebrities with their multi-million dollar homes. As many celebrity homeowners watch their dream homes stay listed for long periods of time without offers, they too start to get discouraged. Here are ten of the most famous celebrity “for sales” for 2011.

P. Diddy

The former Puff Daddy purchased his Alpine, NJ Center Hall mansion in 2004 for $6 million dollars. It’s now listed for sale at $13.5 million dollars, more than twice what he paid. (In today’s housing market? Good luck with that!) The 7 bedroom, 9 ½ bathroom home includes three master bedroom suites, squash and tennis courts, a gym and of course, a movie theater on its 17,000 square foot lot.

Mary J. Blige

Miss “411’s” 18,250 square foot Saddle River, NJ mansion is situated on four acres of land. This 8 bedroom, 8 bathroom (and 3 partial baths) country French manor is listed for $12.5 million dollars. It’s amenities include a wine tasting room, fitness gym, swimming pool, cabana and a 14-seat theater.

Mark Wahlberg

Good old Marky Mark has listed his 7 bedroom, 10 ½ bathroom Beverly Hills, CA estate for almost $14 million dollars. Originally built with a resort-like style, it’s obviously the hangout for Wahlberg’s “Entourage”, with its abundance of seating in various rooms, including the theater. It also features a full bar and a gym with a basketball court and boxing ring.

Hilary Duff

Our sweetheart, “Lizzie McGuire” and hubby, Mike Comrie have listed their 9,277 square foot Mediterranean-style mansion for $6.25 million dollars. Originally built in 1951, the 5 bedroom, 6 bathroom Toluca Lake, CA home has been recently renovated and decorated with a nontraditional, abstract, retro-modern style. That may have something to do with why it’s been on the market since 2010.

Kate Walsh

McDreamy’s tv-ex-wife has her Spanish-style Los Angeles, CA home listed at almost $4 million dollars. The 4 bedroom, 6 bathroom mansion sits on 5,940 square feet of prime Los Feliz property. Not only does it include fireplaces in the master suite, living room and den, there are two offices, a gymnasium and a Pilates studio. And, let’s not forget the 3 bedroom guesthouse.

Christina Aguilera

Xtina and ex-husband, Jordan Bratman, have their 6 bedroom, 9 bathroom Beverly Hills, CA home listed for $13.5 million dollars. The mansion, which was made famous by former owners, The Osbournes, features the usual gymnasium, pool and pagoda. The 10,000 square foot property also includes a gift wrapping room, beauty salon and a guesthouse with a full recording studio.

Avril Lavigne

The Canadian native and ex-hubby, Deryck Whibley, have listed their Los Angeles, CA mansion for $1 short of $9 million dollars. Even though the 12,184 square foot estate is located in the gated Bel Air Crest, there is no guarantee this 8 bedroom 10 ½ bathroom home will sale for that price in today’s housing market. That may be why it’s been on the market since early 2011.

Rihanna

Our poor, little Rihanna has her Beverly Hills, CA mansion listed as a short sale. Although rumors are flying about her having financial problems, this is not the case. The 8 bedroom, 10 bathroom, 8,520 square foot estate is listed at only $4.5 million dollars. The singer reports defects in the property that allowed extensive flood and moisture damage. The house is basically unlivable (especially to a celebrity superstar), and is listed “as-is.” Because of its fixer upper issues, the singer and the bank have agreed to a short sale hoping to dump the property as soon as possible. It’s listed at $2.4 million dollars cheaper that what she paid for it.

Lauren Conrad

The Hills reality star has her Spanish-style Los Angeles, CA mansion on the market for only $2.25 million dollars. The 4 bedroom, 3 ½ bathroom home located on 3,009 square feet was built in 1922. But, it’s completely up-to-date with recent renovations completed on the house’s foundation, roofing, windows, swimming pool, electrical and HVAC systems.

Britney Spears

The former Mickey Mouse Club star’s Calabasas, CA mansion is now listed at about $4.5 million dollars. This is a drastic price drop from the original asking price of $10.8 million dollars. The 7 bedroom, 7 bathroom estate in situated on 10,300 square feet of real estate. As an almost desperate attempt to unload the property, the unique pop star tried something only a celebrity would do. On 11-11-11, at exactly 11:11 AM, the home went up for auction. Surprisingly enough, it did not sale.

What’s the Hold Up?

Some of these celebrity homes aren’t selling because of their strangely unique décors or outrageously large sizes. Then, there are those that are simply listed too high for the current housing market. Either way, it’s understandable that they don’t want to take a major loss on their homes. But, the current market is a buyer’s market. That means, if they want the mansions to sell anytime soon, they had better find ways to attract buyers who are serious about buying a home.

Article provided by Mitch Ribak. For more information about Mitch, you can check out his Merritt Island real estate website where you can also see all Titusville FL real estate listings.