Thursday, February 7, 2008

Ricky Martin's South Florida Sell Off

Perhaps no one told perky nippled Puerto Rican singer Ricky Martin that the South Florida real estate market is a bit dicey right now? Not only is He of the Bubbly Booty attempting to flip an ocean front residence in sleepy Golden Beach, FL for a stunning $22,500,000 (he paid just $16,250,000 for the property in April of 2007), word is spreading up and down Collins Avenue that the bon bon shaker has re-listed his Miami Beach residence for $19,500,000.

The 9,491 square foot N. Bay Road property with its 7 bedrooms and 8 bathrooms had previously been listed at $16,900,000 before being taken off the market five months ago. According to one of Your Mama's Miami Beach tattle tales, Mister Martin didn't make any improvements to the property while it was off the market, so Your Mama simply can not fathom what justifies the $2,600,000 price increase for a house that didn't secure a ready, willing and able buyer at $16,900,000 just five months ago. But, what do we know, right? This certainly wouldn't be the first time that raising the price of a home was a successful tactic for locating a stinking rich buyer.

Your Mama and the Dr. Cooter have recently booked a trip to Miami (first class tickets and an ocean front room, natch), so perhaps we'll call one of our local real estate agent pals to give us a tour of Mister Martin's big mansion on Biscayne Bay. Then again, we might just want to sit on the beach and let some good looking and shirtless beach attendant keep our gin and tonic glasses full.

The children shouldn't worry about where Mister Martin will be hanging his itty bitty bathing suit next. As far as we know, he's still got his big casa in Dorado, Puerto Rico and the somewhat newly acquired multi-million dollar pied a terre at the uber exclusive 40 Bond building in Manhattan. We also imagine (but have no proof or information) that Señor Bootylicious out looking for a new Miami Beach area residence with a good looking and well connected real estate agent.

Ricky Martin Re-lists (South Beach Condo Blog)

83 comments:

jack said...

who owns the house at 1 electra drive, hollywood hills, I heard it was an internet mogul that is in his 20's, then I heard it was a nascar champion

it is an amazing house, with an indoor waterfall they host oscar and other star parties there, I heard they rent it out for 200k for 1 night for parties. I was there new years eve

Anonymous said...

Mama, I thought you might like to know that you're mentioned in a Forbes online article today about the housing slump hitting the celebrity community. It can be seen here.

Sandpiper said...

If I've learned anything from Our Mama about today's luxury real estate market -- and I learn so much more every day(!) bless her sweet snarky heart -- it is that these listing numbers are fiercely ingangible, speculative, and subject to course corrections in the plus/minus millions. It's fascinating to observe through Mama's eyes.

sandpiper said...

...intangible...oops!

High class lady decorator said...

Jack my dear boy an indoor waterfall is always wrong and tacky sorry.

High class lady decorator said...

....because the whole house ends up smelling like a swimming pool.

Educated decorator said...

Chlorine-free products eliminate that concern.

jack said...

High class lady decorator

I appreciate what you are saying but ?

A. have you even been to that mansion on 1 electra drive ? it is a work of art, designed like a spaceship

B. I also heard that sony and merv griffin owned it at different times

at 12000 sqft on 2 acres of land not to mention incredible city views I think it is worth mentioning

they also rent it out at a minimum of 160k a night.

Alessandra said...

Does Ricky Martin have a waterfall inside his home?

Am both appalled and impressed by how celebrities think they can buy something for one price and then jack up that price by 20% in six months without having done a thing to the house.

While I know that this is a desirable location, I still loathe and detest Florida. So, I won't be making an offer on this house ever, but I'm sure whoever buys it will love it.

jack said...

High class lady decorator

here is the link

http://www.sunsetlocations.com/location/6977

there you will find pictures of the place I am asking about.

Anonymous said...

So what hotel will Momma grace with her and the Dr Cooters presence? Delano? Raleigh? Where will Momma stay?

Anonymous said...

^

Wtf? You mentioned this 1 electra drive place in the Julian Schnabel thread - are you advertising it for functions or something!

Electra Dr, location sucks & architecturally the house is hideous & the interiors are also hideous ...

Barren Karen said...

Jack, darling, is that the only "nice" house you've ever been in?

Or are you just looking for some free advertising for the house?

Either way it's a little strange that you keep harping on this place.

Have a nice day love.

jack said...

anon who is Julian Schnabel ?

this is my first time asking on this blog

Barren Karen

I have been to parties at the rockstar drink mansions including that ones that are for sale right now
parties at mansions in bel air and malibu.

Hell I remt a floor in a mansion in bel air.

just curious about this one that is all.

There is a cloud of secrecy as to who the real owner is and I want to know why ?

does Sony still own it ?
merv griffin ?

High class lady decorator said...

Jack we need to have a little talk.I just looked at all six pages of photos of THAT house,by the end of the presentation I had broken out in hives and was looking for the key to the cocktail cabinet!

so_chic_darling said...

What is a rock star drink mansion?

Barren Karen said...

High Class Lady Decorator I think I have lesbian love for you.

boxersVsBriefs said...

wow, wow, wow, regarding the house that Jack built, err, just showed us.

there's is something slightly bunker-ish about the exterior, but from some angles the sillouette is just strange and amazing.

the inside speaks for itself. not home-y exactly (julian schnabel won't live there), but fricken' gorgeous. if a little cold.

i want to see some lone figure alone inside using a remote control at night, somehow.

boxersVsBriefs said...

wow, wow, wow, regarding the house that Jack built, err, just showed us.

there's is something slightly bunker-ish about the exterior, but from some angles the sillouette is just strange and amazing.

the inside speaks for itself. not home-y exactly (julian schnabel won't live there), but fricken' gorgeous. if a little cold.

i want to see some lone figure alone inside using a remote control at night, somehow.

somebody's sister said...

Jack,

Julian Schnabel is all over the internet 24/7, updated on the hour: his films, his art, his philanthropy . . . .

Anonymous said...

so_chic_darling,

I think it's where Ed moved to.

lil" gay boy said...

High class lady decorator,

Re: the waterfall - an ozone system will rid you of that chemical smell, but more importantly, I'd like to personally be there when you tell our dear Miss Kathy Griffin (she has one in her home, although rarely turned on - not by any means saying her's is the "nicest house on the block") that she is persona non grata for having one -- she'll shred you to pieces before you sprint yourself halfway to the cocktail cabinet!

Jack,

Come east to Long Island, dear - it looks like EVERY other house in Muttontown. The only difference being the view - instead of LA, you get to see the ruins of an old estate, instead (those nouveaux riches find them so charming next to their ultramoderns - they add such atmosphere..

Anonymous said...

YES, While living here on planet earth I want to live in a "space-ship". My retina's were burned so badly on page one of photo's, I could NOT continue.
Lot's of people have "money". Few have taste. Thankfully many rich people know the difference, AND, as your mama would say; "hire them a nice gay decorator!"
Grow up Jack, some day you will see a REAL estate property.

P.S. Don't care who owns that piece of crap. And I like a well done contemporary.

boxersVsBriefs said...

i for one wouldn't mind living in a space ship.

thanks for the link, jack.

Anonymous said...

OK...., like this cat?
http://en.wikipedia.org/wiki/Heaven's_Gate_(cult)

jack said...

anon most likely if you cut a place like this down you could not get in anyway. The party I was at 2 years ago, there were around 10,000 folks there.

I personally think this is one worth mentioning

jack said...

btw anon what are you talking about Heavens gate cult, this place was owned by Sony Pictures and Merv Griffin at different times years ago, or so I was told, it was also in the movie "The point of no return"
harvey kitel and bridgette fonda it is a very famous and unique estate.

Anonymous said...

Mama did a whole piece on Merv Griffin not too long ago ... (or as she was referred to as Miss Griffin).

I can see Merv using it for some private type all boy cast parties, if you get my drift!

Anonymous said...

Jack-better hurry or you'll miss your flight.
http://www.youtube.com/watch?v=L-g_Y0UCxmg

Anonymous said...

I disagree that the location of 1 Electra Court "sucks". Killer views, 8 acres, no nosy neighbors looking over the fence.

The house was built in 1990, designed by a guy named Richard Schwartz (whose firm seems to be located in the residential neighborhood at the bottom of the hill). I can't find any other houses/buildings by him. Zillow shows a sale in '97 for only 2.5m. An undated mention on an agent's site listed an asking of 4.3m.

I would have thought based on the photos "Jack" linked that the house was exactly furnished as built but the realtor site shows the curved staircase railing as a cream color. The decorators among us would get hives to realize those must be posters tacked up on the wall above the stairs because the wall is curved. They are missing in the realtor photo, and the sculpture at the bottom of the stairs is replaced by a large vase.

I'm guessing no celebrity owner (certainly not Merv Griffin). In fact, I bet no one actually lives there. Probably owned by an investment group who rents it out for functions (possibly including Sony) and is too cheap to update the place. Or even move the cheap cars and trash cans to take the photos.

10,000 people on the property at one time? I seriously doubt that. LAFD would never allow it.

I'll pay $300 to rent for a party.

lil" gay boy said...

Back to Little Ricky - if he threw in the recently used linens, he might get his price . . .

;-)

Bigdaddyj said...

Don't know why we're discussing it, but as long as we are, I think "1 electra" looks like the typically tacky "contemporary" style home that people from Long Island, New Jersey, and middle America drool over....tres Nouveau riche, the kind of "modern" white elephant that sits perpetually unoccupied in the hills only to live life as the set for porno movies and the site of contestant housing for the next season of some dreadful reality show (American Idol? The Bachelor? The Surreal Life? The Apprentice LA? take your pick....)

Bigdaddyj said...

To satisfy "Jack", however, public records I accessed show the owner as someone named Kenneth J Anderson and the Olympus trust, with a Las Vegas address, and the most recent sale price being $4.4-million in March of 2002...not standing by the accuracy of that info, that's just what I found through a quick internet search.

Anonymous said...

10,000 people? puh-leeze! The street would be so blocked up with vehicles you'd never reach the god damn house!

You asked on the previous Julian Schnabel thread, scroll down to the next property & you'll notice a big pink building, click on the comments and you are talking about the Electra property there also - geez, talk about short term memory!

In all honesty though, I'm horrified that in a city like L.A that probably has some of the best residential architecture in the entire world, you're online praising some corporate party house that looks like a filming location for countless pornos [ask lil gay boy!] ... It's tacky, tacky, tacky AS HELL!

go & google 'case study houses' & that will show you that great architecture is generally very simple design - o.k?

Anonymous said...

that makes sense bigdaddy.....The decor looks like Vegas, albeit circa 1994.

call Me Ishmael said...

Anonymous 12:20

Do you have an advanced degree in boorishness?

or is it only an honorary one?

Anonymous said...

Big Daddy J,

"Olympus Trust" sounds right since it is located in the Mount Olympus neighborhood.

Anonymous said...

There is (or was) a Kenneth Anderson in Vegas working as an RE agent. Both his web sites "kenshometeam" and "soldinseconds" are dead. I wonder if the same person and the house was just an investment. I still don't buy that Griffin or Sony ever owned. Or that they had 10k people up up there.

lil' gay boy said...

Call me Ishmael:

Anon is right, not just about the case study houses, but this "Electra" place looking like a gay porn set - happens all the time in those Muttontown ultras . . .

zach said...

There was a crowd of 10,000 through out the night on New Years in 2006, I was there, it was raining and when the downtown party was canceled in LA a lot of the stars and performers including black eyed peas, pussy cat dolls ended up at the 1 Electra Drive estate, the owners had 2 acres outside of the mansion covered in huge tents to hold the extra crowd.

I was also there in the 90's when merv griffin owned the place, they had the most amazing world class multimillion recording studio up there, unbelievable views.......

I heard that 7 young playboys from Europe live up there now and that one of them invented something on for the internet.

One of my buddies made an offer on the place last year and he was turned down.

I also heard that the place has also been recently remodeled

and that waterfall had to be at least 30 feet high and the pool is around 2000 sqft.

aunt mary said...

So_Chic, whatever a rock star drinks mansion is, we don't want to go there I'm sure. I've recently become aware of a phenomenon in some houses called the "gift wrapping" room. Appalling. But a mansion for drinks? Obsene excess.

Bigdaddyj said...

While I'm not going to call anyone a liar, I for one would personally love to here how getting 10,000 people to one house in the Hollywood Hills on the same night would be performed from a logistical standpoint...were they using a train of buses or helicopters from a staging area on Sunset Boulevard, LOL?!? Ever been to Vegas? Sometimes it can hard to fit 10,000 people into the frickin' Bellagio!!! just sayin'

Alessandra said...

A drinks mansion sounds perfectly lovely, but a rock star drinks mansion? Impossible! Can you imagine all the breakage? I like my Tanqueray bottles intact, thank you. I can't advocate some speedball rampant musician tearing through my bar in a fit of pique because there is no Grand Marnier creme brulee (because he smashed the bottle of Grand Marnier two hours ago and can't remember, the poor thing).

I refuse to chase the link to this waterfall-privileged structure.

Anonymous said...

rockstar drinks is an energy drink that is sold at supermarkets, similar to red bull.

they have mansions where they have parties once in a while.

pch said...

Jack (Zach?): Given all you do know about this Electra house, I'm surprised the identity of its owner still has you stumped. I, for one, am happy to assume it's this internet Boy Genius, about whom you seem more certain in your last post, and who appears to have gained a fun-loving entourage since your first. Good for him.

Also, 10,000:2 isn't the greatest person-to-acre ratio for a party, particularly at a private house in the hills. Forget about getting a drink -- I'd worry about asphyxiation.

lil' gay boy said...

Sorry to put it so crudely, dear friends, but it all sounds like BULLSHIT to me . . .

Zach said...

Well it was wall to wall of people, you could barely move around.

It would take an hour to get to the restroom and another hour just to use it.

I also said that it was 10,000 there at any one time, I heard through out the night it was more like 50,000 coming and going.

The party was outside on the 2 acres and the VIP was inside on 3 levels, the mansion is 12000 sqft, or so I am told. Lucky for me I was with one of the bands but even with that it was still way to crowded.

Barren Karen said...

^^^

Zach Jack, you are soooo funny.

lil' gay boy said...

Funny, yes; but accurate?

Anonymous said...

Hey I was there, that was the best party I have been to !!!! the LAPD did not shut down the party, I wonder why ?

jack said...

check out this link no wonder they keep it secret

http://www.hollyscoop.com/hot-spots/soho-house-oscar-party_230.aspx

Anonymous said...

they say that it is a soho house owned by a couple of europeans, what is a SOHO house ?

Anonymous said...

I think I smell a rat. I think the whole point of Jack/Zach's question was to eventually post the link to his own celebrity blog.

Too much of the information being posted is complete horse manure.

jack said...

I do not have any blogs
just curious about who owns the estate

lil' gay boy said...

Let's please stop already about this "Electra" house, can we?

While not the FUGLIEST house in the world, its main attraction seems to be Zach's fond (and possibly chemically-altered memory) of what was most probably a rather large bash at the place.

Emotional attachments to real estate, even when not our own or of those we admire, can certainly cloud our judgment, as it seems to have done here.

Zack, I'm glad you had a good time at the party and have fond memories of it, but don't you think the thrill of being there may just have clouded your architectural judgment just a tiny bit?

Zach said...

lil gay boy:

if Sony Pictures owned it and Merv Griffin owned it and it is the hangout for mega stars how bad architecturally can it be ?

Alessandra said...

Bwah!

Yes, because Sony and Merv are the arbiters of taste in...oh, never mind.

Anonymous said...

May we please move on?

jack said...

Alessandra:

Do you know that Merv Griffin was one of the pioneers of the TV industry, was a multi billionaire, owned hotels around the world including the beverly hilton, then we have sony pictures as well that previously owned the place, they richer than 90% of the moguls /stars mentioned in these blogs that bought and or sold homes. Merv created trends and taste....... also to the other condensending idiots on this blog, a porno house ? please....

Barren Karen said...

Thanks Jack/Zach, because I had no idea who Merv Griffin was or that he was considered by anyone to be an arbiter of good taste and design.

None the less, maybe you should check this out:

http://realestalker.blogspot.com/2007/02/merv-griffin-in-carmel-valley.html

Yes, the location is lovely, but the rose colored carpeting not so much.

Being really rich has nothing to do with style, taste or good decor. Plenty of really rich people live in ugly and expensive houses.

It's great that you like this place on Electra. Most here didn't like it but that's okay. You like it. Enough said.

Now then, I'm with anon, let's try to move on soon?

Aquaman said...

go jack.

if you stick around here long enough, you'll find that "condesention" is a favored aromatic by a number of posters in these parts.

who for the sake of peace, i will not name.

Bigdaddyj said...

Didn't I already settle the question of who owns the place a zillion posts back?

jack said...

Look all I want to know is who the real owner of the place on Electra Drive is.

The truth is that my ex girlfriend is going out with the owner, his name is not Ken, so either she is being duped or the real owner is someone else.

I still look out for her and I know that LA is full of BS artists , I do not want her to get jerked around so that is that.

Anonymous said...

Oh Jack.

If your ex is dating the owner, why don't you just call her rather than put us all through this nonsense?

P.S. I think the owners name is Eddy.

jack said...

I just talked to her, She said his name is Wayne, the one she sees, he owns 50 estates in LA and malibu and thousands of highrises throughout the US, that is all she will tell me.

Personally I think she is getting conned

Anonymous said...

Oh Jack.

You're just being ridiculous now.

Not even billionaires Larry Ellison and Jerrold Perenchio, who together own enormous swathes of prime Malibu properties, own 50 estates. Combined.

No offense, but my personal opinion is that you're like 13 or 15 years old and trying to act big. I need to be done with this Electra Court stuff. It's making me sad and choking my soul.

Good luck in your quest.

dave eggers said...

like jack is ANY more ridiculous than LGB's opinions, or PCH's back in the day sorties, or Caveman's underage-while-the-mama-watches flirtations.

i mean, give me a break.

secretly i hope jack is a cool, smart, not super-reality based patient somewhere.

that might mean being an Eagle Scout in the 94110 area code

lil' gay boy said...

Jack, thanks again for the link; although I didn't care for the Electra property, I did discover on its homepage a link to my FAVORITE Lautner - including pics I'd never seen before.

Don't let Mama's chilrun scare you; yes, we bite and scratch, but all make kissy, kissy noises in the end . . .

Anonymous said...

I'll tell you who owns 1 Electra Ct. - Eddy Aslanian. He had a computer company that went public in 1999 and owns the house under Olympus Trust so that he doesn't have to pay California taxes.. he claims he lives in Nevada, but in reality lives in LA. He hangs out with rich, old coots who have sex parties (seriously) and egos the size of Texas as well as sleazy LA friends who can only discuss doing lines of coke or threesomes -pathetic. You can find Eddy on www.sugardaddyforme.com under Eddya or www.millionairematch.com under Eddylion. He had friends who are club promoters so he lets them use his house to throw parties - why would he allow his friends to throw parties at his house you ask? So he can be popular and meet more pretty girls - who are initially impressed by his wealth.. but well, that only lasts so long. Then he finds himself, once again, looking for backup women. He is in search of love, but isn't able to find anyone who will meet his high standards.. as well.. nothing or no one will ever be enough. He hasn't had a real girlfriend in years sadly. Money can impress people.. but it does not buy everything - not good friends, good taste, class or love. The house is decorated in a modern motif.. but lacks warmth and actually feels rather dirty from the throngs of people that have treked through there. It does have an amazing view.

Anonymous said...

I'll tell you who owns 1 Electra Ct. - Eddy Aslanian. He had a computer company that went public in 1999 and owns the house under Olympus Trust so that he doesn't have to pay California taxes.. he claims he lives in Nevada, but in reality lives in LA. He hangs out with rich, old coots who have sex parties (seriously) and egos the size of Texas as well as sleazy LA friends who can only discuss doing lines of coke or threesomes -pathetic. You can find Eddy on www.sugardaddyforme.com under Eddya or www.millionairematch.com under Eddylion. He had friends who are club promoters so he lets them use his house to throw parties - why would he allow his friends to throw parties at his house you ask? So he can be popular and meet more pretty girls - who are initially impressed by his wealth.. but well, that only lasts so long. Then he finds himself, once again, looking for backup women. He is in search of love, but isn't able to find anyone who will meet his high standards.. as well.. nothing or no one will ever be enough. He hasn't had a real girlfriend in years sadly. Money can impress people.. but it does not buy everything - not good friends, good taste, class or love. The house is decorated in a modern motif.. but lacks warmth and actually feels rather dirty from the throngs of people that have treked through there. It does have an amazing view.

Anonymous said...

the "anonymous" with e.aslanian info is absolutely correct - also, she, and i can bet my life on it, forgot to mention that eddy has a buddy named lucas who's pretending to be a "famous french model" so our naive american girls cannot help themselves but jump on this guy. his main job is to go to a bad, invite the whole place to eddy's place and have an open girl buffet.....also, there was a girl named jill wagner, who is now a "mecury" or "buick" commercial girl and who was eddy's "assistant" for some time....of course, that job included having sex with both guys....that lucas guy could use shower more, and use less cologne....

Anonymous said...

I think sleazy Europeans explains it all. They try to dress nice to "cover up" the sleaze. Aslanian hangs out with Jeff Greene who lets his buddies gang bang his wife Meisze Greene. So I guess Lucas isn't the only sleazy friend of his... yuck.

Samuel said...

chokes the soul!

sandy said...

i guess when you have nothing else to do but spend money you get twisted in your activities always looking for the next thrill and it's probly never enough

sandy said...

i guess when you have nothing else to do but spend money you get twisted in your activities always looking for the next thrill and it's probly never enough

sandy said...

i guess when you have nothing else to do but spend money you get twisted in your activities always looking for the next thrill and it's probly never enough

PUEBLO said...

I KNOW THAT WHOLE GROUP OF PEOPLE.. I'M EMBARRSSED TO SAY. NO NOT VERY CLASSY ITS TRUE. ACTUALLY RATHER CREEPY.

Anonymous said...

Eddy does own that house, but it is mostly used to host private parties. It is pretty sleazy scene,... no worse than many others. There were about 500 people at that New Years Eve party that was mentioned, maybe 1000 throughout the night. C'mon, you can't fit 10,000 people on 2 acres. It is a great place to host parties, especially when you have gimmicks like "first 100 girls in the pool get a free bikini".

Anonymous said...

I heard Ricky Martin and his boyfriend tv producer Don Luciano still live in Golden Beach with Rickys twins but not at 641 Ocean, whats the new house address

Anonymous said...

he aint livin' and never lived in golden beaaaaach with don luciano -they always been livin' on north bay road. take the O out of of Lover and its OVER. when he gets off tour that hot carlos will be warming up his bed which used to be their bed. KIKI is one picky m'f#ker.

Anonymous said...

why does Electra Ct's owner say Kenneth J Anderson, this is according to la blockshopper,

unless that is a alias for Eddy, so Kenneth rents it to Eddy, ha ha got it,

BSwenson said...

Was it a good time for New Years when you went and do you know who through the party that year? I'm am looking into attending the NYE party there this year and am trying to get more details.

BSwenson said...
This comment has been removed by a blog administrator.