For some weeks now Your Mama has been beating and banging the brains of our better connected tipsters and sources trying to figure out just exactly WHO purchased tennis titan Pete Sampras' big Bev Hills mansion that was on the market for and spine tingling $23,000,000. Remember that hoity toity house children, all English Manor and exquisite with a-may-zing wood paneling, a spectacular oval swimming pool and park like grounds?Anyhoo, after pulling our scalp nearly bald with frustration, we finally heard from one of our most unimpeachable sources Wanda Whistleblower who whispered conspiratorially in Your Mama's big ear that the luxurious house on lavish Loma Vista Drive was purchased by none other than residual rich Will and Grace co-creator Max Mutchnick and his unfortunately named entertainment attorney husband Erik Hyman. If the children put on their thinking caps they may recall that these are the same two high powered Hollywood homosexuals who got lezbiriffic talk show queen Ellen Degeneres to fork over twenty-nine and some million clams for their previous manse on Cabrillo Drive in Beverly Hills.
According to Miz Whistleblower, ever since these two real estate savvy men cashed Ellen's fat check they conducted a serious search for another trophy estate and they found it in the walled and gated 10,376 square foot mansion that includes 6 bedrooms and 12 bathrooms. Now that the deal is done, Your Mama imagines these two gentlemen are already on the horn lining up a few full time gurls–or boys–whose only responsibility will be to keep all twelve of them terlits sparking clean.
At this point Your Mama can not confirm the sale price of the house. However, one interesting tidbit that Miz Whistleblower did cough up is that on the day the papers were signed and the 1+ acre estate was turned over from the king of tennis to the two real estate queens, Miss Mutchnick handed Mister Sampras a can of spray paint and asked if he would autograph the tennis court. Miz Whistleblower swears on her over stuffed Cross Your Heart that Mister Sampras obliged.
Well weren't they a couple of smarty pants, selling to Ellen before the downturn got really bad - and probably buying low this time around.
ReplyDeleteI don't get it though,they seem like modernist style Queens to me. There is nothing more revolting to a modernist than Tudor pastiche and wood paneling.
ReplyDeleteOh yeah about that downturn,it will not be happening in the best zip codes where there is always a high demand for top of the line properties. the middle class are being squeeeeeeeeeeezed and the poor are getting much poorer BUT the rich are getting richer and richer.
Just as a side note,I'm spending the weekend in Philadelphia and compared to New York this city is scary there are camps of homeless people everywhere,so yes is many places it's getting alot worse but New York,Beverly Hills not really.
welcome to the neighborhood.
ReplyDeleteI'd take the Cabrillo Drive home over this one any day. I realize Ellen made them an offer they couldn't refuse, but still.. the Cabrillo home is cool/hip; English Tudor is fussy/stuffy (and isn't a style that belongs in So. Cal.) in my opinion.
ReplyDeleteIt is interesting that you feel Tudor houses do not belong in Southern California. Do Georgian or Victorian houses belong either? I have always thought that a great house, whatever its style can look wonderful if the setting is carefully considered. A thing of beauty is a joy wherever.......and I think this house is a gem.
ReplyDeletei like the design of the house.
ReplyDeleteIt is the same in NY the super rich are trading properties with each other keeping the values up but it cannot last much longer.
ReplyDeleteI saw a show on cnbc the other night on the super rich "untold wealth"
They had a lady on there who is worth 10MM
They called her a middle class millionaire.
quote
"Middle-Class Millionaires
Economics Professor Robert Frank explains the phenomenon of "middle class millionaires" - people like Mediabistro.com founder Laurel Touby, who sold her website for $23 million. She explains what it’s like to be merely rich instead of super rich.
The show also said that millionaires are considered middle class
and if you have 50MM or more then you are considered a true millionaire."
end quote
this all applies to what I have said all along
in the last 8 years everything went up at least 700% some places 1500% but the pay and salaries stayed about the same.
when wall street crashes we will all see a HUGE drop in RE prices
but until then the super rich will keep them up by buying and selling their way overpriced prime real estate to each other.
quote
"The New Gilded Age
Largely through private equity and hedge funds, Wall Street has created wealth more quickly, dramatically, and controversially than ever before, fueling what’s been described as a “New Gilded Age.”
end quote
Welcome to the Gilded age created by scams, corruption, wars, I wonder how long this will last for ?
I personally hope it lasts for a long time.
In the end you will really see a HUGE imbalance of the HAVES and HAVE NOTS
LOL
Snowman, anyone can build whatever they want, anywhere they want. I just happen to think English Tudor looks out of place in So. Cal. in that it's 'look' tends to be uniformly darker & heavier than most other forms of architecture - lots of dark brick, dark paint trim, dark wood, and sometimes even dark looking leaded glass windows, giving it a heavy ambience more suited to less generally warm and sunny climates.
ReplyDeleteAverage Joe, ok, you were/are right about everything. Now could you please stop perseverating about gloom and doom issues that obscure the blog's dialogue? Thank you.
Snowman, anyone can build whatever they want, anywhere they want. I just happen to think English Tudor looks out of place in So. Cal. in that it's 'look' tends to be uniformly darker & heavier than most other forms of architecture - lots of dark brick, dark paint trim, dark wood, and sometimes even dark looking leaded glass windows, giving it a heavy ambience more suited to less generally warm and sunny climates.
ReplyDeleteAverage Joe, ok, you were/are right about everything. Now could you please stop perseverating about gloom and doom issues that obscure the blog's dialogue? Thank you.
Shoot, sorry about the double post. I don't know how that happened.
ReplyDeleteTragic Tudor.
ReplyDeleteWill be most interesting to see what the girls come up with on the rehab.
For that outlay, the house must offer more than the pictures indicate. I still think the previous owners' addition did the integrity of original structure no favors. Meow.
ReplyDeleteI agree with a comment above. I really think that it is very important to preserve some features in order to save the “right feeling” of the house. Working as a Toronto real estate agent I’ve been dealing with such a house recently. Previous owners completely destroyed all architectonical features and now it is nothing more than another usual house.
ReplyDeleteTRE,
ReplyDeleteMama's coming after you with the wooden spoon!
Lookout!
Little Buddy, I'm not as worried about Our Mama going after TRE as I am the wrath of so_chic_darling.
ReplyDeleteThis is not going to be pretty. I'm waiting in delicious anticipation. :)
And TRE, perhaps it is something you're not aware of, and I'm sure you're a nice person, but the drill around here is -- Buy an ad. Mama works too hard for her page views and all the damn work she does to earn them. Thanks! :)
I wonder if this is just a place for the Mutchnick-Hymans to unpack their designer luggage while they work on another modernist place?
ReplyDeleteThere is a Roger Dorman-designed midcentury house on 2.8 acres at the end of Summitridge Place that Marmol-Razinger is about to start working their magic on. The house was listed for 5.4m around the time they sold to Ellen, in "original condition" and appears to have been a trust sale. It sits on a similarly private location like their (now Ellen's) Buff & Hensman.
Hey TRE good for you
ReplyDeleteas kid rock said
Kid Rock 'Steal Everything' PSA
http://youtube.com/watch?v=VpCADfZD-eg
remember we live in a free society now.
lol
http://www.caseypedia.com/wiki/Narcissistic_personality_disorder
ReplyDeletelol... "unfortunately named entertainment attorney husband Erik Hyman". Hyman was my grandfathers first name.
ReplyDeleteDoes anyone know where the Sampras family is relocating to?
ReplyDeletedays and days without an update again
ReplyDeletedays and days without an update again
ReplyDeleteI don't understand the problem with Tudors in Southern California, but everyone's entitled to their opinion. The Sampras estate was built in 1933 and designed by one of the pre-eminent designers of that era, John Byers. Hard to criticize his work, I'd think. But that's just me.
ReplyDeleteOh and if you didnt know it, banks are decreasing credit lines. I just got a letter from my bank that if I dont start making payments on my credit card they arent going to let me use it anymore. The government better step in soon because I cant afford the payments.
ReplyDeleteuh wrong
ReplyDeleteI only pay by cash, check or debit card, I did not fall for the scam that is bankrupting the good old US of A
btw check this out
I'm not sure how old this is but MSM's homepage has a video on Casey Serin today - "The Face of the Mortgage Mess"\
link
http://tinyurl.com/5p6n8p
I had no idea who Casey was until now LOL
Hey E.J.,
ReplyDeleteI'm with you on not understanding the anti-Tudor thing. Tudors apparently don't "fit" a stereotypical view some have of LA. Maybe it is that there are newer houses done in a "tudor-style" that turn people off. But I would imagine that happens in all parts of the country.
I personally wouldn't want to own one but recognize they are part of the fabric and history of Los Angeles. Graceful examples can be found in our oldest and best neighborhoods. The Sampras house is a youngster by comparison.
Hey EJ,
ReplyDeleteI don't think anyone is criticizing the original architect. There's a bit of speculation, however, with regard to subsequent construction / additions, etc.
I love the original structure. Not digging some of the changes from standpoint of continuity.
:)
I absolutely love the idea of the autograph on the tennis court. Brilliant. And, I'd be thrilled to own this house that was owned by Sampras. I'm a huge admirer of his -- it's wonderful to see someone work so hard for something and achieve their goals. I appreciate quality people, and I'd trust his home reflects that as well.
ReplyDeleteSandpiper,
ReplyDeleteI interpreted E.J.'s comment to be more a general observation about negative view of Tudors in Los Angeles that comes up everytime Mama posts a story about one. It just seems silly to me to disparage an architectural style that has been here as long as any other (except maybe adobes, lol).
We can all agree that remodeling/ruining any style of house is just plain wrong no matter where the house is located. :-)
2:05 ... absolutely! Many of SoCal's inhabitants are often proclaimed "transplants." People come from all points, bringing with them architectural comfort factors. When done well, any form of architecture is admirable. Not that I could live in some of them, but again, that's not what really matters. :)
ReplyDeleteuh..I only pay by cash, check or debit card because my credit is so bad I cant get a credit card. I cant even get a secured card.
ReplyDeletebtw check this out
MSM's homepage has a video on me today - "The Face of the Mortgage Mess"
link
http://tinyurl.com/5p6n8p
I cant believe you found out I was Casey LOL
Hey Mama,
ReplyDeleteKelly Wearstler's old house is on the market, ready for the chilrenz to rip apart the daycore and idiot joe to rip the price since he can't afford it.
http://deasypenner.com/address.php?property_ID=1468
Denise Richards listed her new Hiddend Hills house for $4.25mm -- not on topic, but wanted you to know.
ReplyDeleteKelly Wearstler property
ReplyDeletecome on now you really think it is worth 6.4MM ?? it is 3300 sqft in the hollywood hills, not beverly hills, not bel air.
zillow says it is worth 2.4MM and the cnn news is saying that zillow has to drop their estimates way down.
2006 came and went we are in 2008 now
Even Jeff from flipping out is complaining on the show about the market, he has had to go back to fixing up other clients homes and he has already lost 200k from his flips this year alone, well it could be up to 500k by now.
Probally have to wait until 2012 and then relist.
At this time it looks like only the high high end properties, those that are going over 20MM are going to get their asking prices, well that is until wall street crashes which could be any day now or it may never happen at this point.
Mama are you ok or just on Vacation?
ReplyDeleteOh Joe.
ReplyDeleteYou've been hanging around here for a year or more gleefully predicting doom and gloom and economic disaster.
It's gotten sort of charming really, your screeds and spouting off.
But I have to draw the line when you start quoting Zillow as the definitive resource for the value of real estate.
I thought you were smarter than that Joe. Zillow? Really?