Real Estate Investor Magazine South Africa February/March 2019 | Page 64

WEALTH Top 10 Celebrity Homes you would like to own Homes of the rich and famous 2018 saw a plethora of fascinating, spectacular and unusual celebrity homes hit the market and Top Ten Real estate deals have picked ten of our favorites to share with you. “Paris Hilton’s Sunset Strip-Hollywood Hills Home” Now living in sunny Ibiza, Spain, granddaughter of hotelier Conrad Hilton and super-socialite heiress, Paris, lived in this Sunset Strip-Hollywood Hills home from 2003 to 2007. It is now for sale and selling with Paris’s original furniture, at the newly reduced price of $4.195 million, down from $4.8 million. Paris started her career as a model for Donald Trump’s agency, Trump Model Management, while still a teenager. Her looks, family connections and lifestyle of the wealthiest social circles made her popularity soar when she was featured in tabloids and entertainment news. When ex-boyfriend, poker player Rick Salomon, released a sex tape which he filmed during their affair, Paris was devastated but shortly thereafter co-starred with her friend Nicole Richie in the hit television reality series ‘The Simple Life’ that ran for five seasons on Fox. It was during this time frame when Paris lived in her Hollywood Hills home that is now for sale. The house Paris called home is a three-story, Spanish-style property overlooking Sunset Strip and sweeping views of the Los Angeles city lights. Built in 1926, the 3,064-square-foot house includes four bedrooms and four baths, formal living and dining that open to a courtyard and a large eat-in kitchen that opens to the backyard with high-low terraces, lawn, swimming pool, spa and firepit. Old Hollywood-style glamour elements include dark wood floors, wood-beamed ceilings, pool cabanas and impressive chandeliers, which have always been hallmarks of star-studded California real estate. There is also a game room with pool table, a spacious media room, guest quarters, den and separate office. The master suite is pure Hollywood sparkle. Paris brought in her team of decorators for the house to turn it into a true heiress-style abode as they had done for her other homes. These same furnishings are included in the sale. Paris Hilton’s glamorous Hollywood Hills home and her original furnishings, where she lived during the five seasons of her television program ‘The Simple Life’ are now for sale priced at $4.8 million. Co-listing agents are Rebekah Schwartz Sklar and Paris’s uncle, Mauricio Umansky of The Agency in Beverly Hills. Still for sale, the price has been reduced to $4.195 million. “Robert Redford’s Wine Country Estate” There is still time to grab Robert Redford’s magical Napa Valley retreat. Though just recently listed at $7.5 million, it is no doubt being coveted by the next creative visionary looking for a respite almost guaranteed to refresh their creative spirit. Not one of Hollywood’s Ordinary People, especially when it comes to super-star actor, director and supporter of the arts, 62 FEBRUARY/MARCH 2019 SA Real Estate Investor Magazine Robert Redford recently celebrated his 82nd birthday and announced his retirement as an actor. His final film, ‘The Old Man & His Gun’ in which he stars with Sissy Spacek and Casey Affleck and plays a real-life career criminal and escape artist was released in September to rave reviews. For decades, Redford’s permanent residence has been in Utah, home of his Sundance Institute. He and his artist wife, Sibylle Szaggars, also own a Napa Valley wine-country retreat where they enjoy hobbies and hosting family and friends. The Redfords have enjoyed the home for 14 years and have now decided to move back to the Bay Area near family and put their beloved Napa home on the market. It is priced at $7.5 million. Robert Redford is one of the few actors who started his career near the top in television, Broadway and then breaking through to the top of the movie-star chain as the wise-cracking cowboy in ‘Butch Cassidy and the Sundance Kid.’ With every film he made, the awards grew larger and more important continuing to mushroom with the addition of directing and producing. Redford’s long list of money-making and critically acclaimed films rank with the best in Hollywood history: ‘Butch Cassidy and the Sundance Kid,’ ‘The Sting,’ ‘The Electric Horseman,’ ‘Ordinary People,’ ‘Out of Africa,’ ‘The Way We Were’ and ‘A River Runs Through It.’ Redford’s other passion in addition to working for his ecological interests, was to help advance new artists in the film industry and creative arts. After filming ‘Butch Cassidy and the Sundance Kid’ and ‘Downhill Racer,’ he put all his proceeds from the two films into buying an entire ski area near Provost, Utah where he started the Sundance Institute. Using the name from the film, he formed related non-profit businesses under its umbrella such as the Sundance Film Festival, the Sundance cable channel, Sundance catalog and others as outlets for new filmmakers and artists. The first of its kind, it now draws artists worldwide. In addition to receiving the highest film industry