Monday, September 26, 2011

UPDATE: Kara DioGuardi

Two weeks ago Your Mama discussed a gated Studio City, CA estate owned by songwriter/music publishing poo-bah (and former American Idol judge) Kara DioGuardi and available for lease with a fat price tag of $45,000 per month.

Late last week the 3.5 acre hilltop spread, which Miz DioGuardi shares with her artist/contractor husband Mike McCuddy popped up for sale with an also sky-high asking price of $10,000,000. Miz DioGuardi told the Wall Street Journal she and the mister want to sell so they can spend more time on the east coast where they own a home or two in coastal Maine.

Miz DioGuardi also continues to possess and maintain a much more modest Spanish style house in the Beachwood Canyon area of Los Angeles that she unsuccessfully tried to sell in early 2010 when she hoisted it on the market with an asking price of $1,649,000.

The Studio City residence–originally built in 1923 and completely renovated and expanded from 2007-2010–sits at the end of a long curved driveway, measures around 7,600 square feet and contains a total of 5 bedrooms and 6.5 bathrooms.

Just as Miz DioGuardi's estate was (and remains) the most expensive rental property available in Studio City, it is now the highest priced property on the sales market in Studio City.

listing photo: Coldwell Banker / Beverly Hills North


Little Miss Smoke and Mirrors said...

To be fair, it might actually be the largest and most impressive property in Studio City, warranting the "most expensive" label.

angie said...

She did a remarkable job renovating and readying this home and property to market it. I kind of figured this was coming, but the price.. Perhaps 3.5 hilltop acres anywhere in the LA area is technically worth at least $10MM, but what investment conscious person would pay it when no other home in her area is valued anywhere near that.

Anonymous said...

I am sure Lisa Van der Pump and Vera Wang are just KICKING themselves that this place wasnt on the market when they were looking. NOT!!!!!!!!!!!!!! 10M??

Anonymous said...

10m in studio city just isnt going to happen. Its a nice area but its a bitch to get to anything on the west side when you have to drive that damn slow windy dilapidated congested laurel canyon blvd every day.