Monday, April 28, 2014

Meryl Streep Flips Out Above Sunset Strip

SELLER: Meryl Streep
LOCATION: Los Angeles, CA
PRICE: $6,750,000
SIZE: 3,500 square feet, 4 bedrooms, 4 bathrooms

YOUR MAMAS NOTES: Although she bought the damn thing barely minute ago—in late Jan./early Feb. of 2013 to be more precise—prodigiously talented and gloriously faux-humble superstar actress Meryl Streep has put very contemporary home she owns (via trust) above the Sunset Strip in Los Angeles, CA, on the open market, we first heard from one of the gals at Redfin, fully furnished with an asking price of $6,750,000.

Property records for and Your Mama's May 2013 dissection of the boxy and voluminous abode show the Sunset Strip residence last sold for $4.5 million. According to Your Mama's rudimentary calculations the current asking price of $6.75 million represents a fat and aggressive 50% increase in proposed value, less what ever amount applies to the houseful of top quality (if generically and inoffensively modern) contemporary furnishings. Listen, puppies, as ludicrous as that inflated figure might sound to some of y'all, this jaded property gossip recommends y'all don't get yer property pantaloons in an indignant twist before the chickens hatch. The multi-million dollar market in Los Angeles is brisk (and often speculative) and no one—and we mean no one—ought to be the least surprised if Miz Streep's real estate agent manages to find a deep-pocketed person who will gladly shell out an amount very close to the current price tag.

Current listing details show the 3,500 square foot residence has a fortress-like street façade and a total of four bedrooms and four sybaritic bathrooms with custom LED lighting schemes. There are Italian marble tile floors, vast expanses of glass that look out to a variety of patios and courtyards, an open-tread walnut wood staircase with sculptural railing, and numerous skylights that bathe to house in ambient natural light.

A discreet and secured gate near the front-facing two-car attached garage opens into a partially enclosed stairway that ascends to the front door. Inside the open concept main floor living space includes a partly double-height living room area with full-height rough hewn stone wall with fireplace and an adjoining formal dining area. The boxy and sleek kitchen is appointed with all the top grade whathaveyous (i.e. full-height wine cooler) that can and be expected of a nearly seven million dollar house above the Sunset Strip and opens over a center island to a compact informal dining area and a family room with built-in entertainment wall. A half-flight of stairs up from the family room is a flexi-use room—think home office or meditation chamber—with a full wall of glass that overlooks the swimming pool.

The elevated, walled and gated front yard serves as the primary outdoor entertainment and recreation area with a plunge-sized swimming pool and attached spa, big enough sunbathing terrace and a lounge area with what appears to be a chunky, low-profile built-in fire pit.

Listing details make a point to point out there is a smartphone controlled state-of-the-art security monitoring system and that looky-loos will not be tolerated as the property will only, with no exception, be shown by appointment to pre-qualified clients.

Miz Streep and her long-time husband, sculptor Don Gummer, have long owned a nearly 90 acre multi-residence compound in bucolic and historic Litchfield County, CT, and since 2006 have maintained a $10,000,000+ penthouse in in the same lower Manhattan complex where consciously uncoupling Gwyneth Paltrow and Chris Martin also own an apartment.

listing photos: Berkshire Hathaway HomeServices California


Anonymous said...

So sterile... Looks like it's been used as a hotel... Nothing welcoming about it...

GetOffTheIvy said...

Just slow that there are more dollars then sense in the LA market. If people would start making business decisions on major assets rather than emotional ones the world would be better.

IOW screw the birds and put your tuppens in the Bank.

Sandpiper said...

Mama, I'll sit tight with my May, 2013comment when you originally announced this purchase.

Everything feels so right here (short of an ocean setting of course).

Meaningless aside ... There seems to be a few thousand square foot discrepancy since the original purchase, but laa-de-daah.

Desert Donna said... just brought back a rush of Annie Hall to me. Thank you.

Petra's said...

I agree that everything feels so right. Love this house.

nurse deb said...

not exactly welcoming.
and that price!

Anonymous said...

love the house although i don't think it matches with mrs Streeps personality

Madam Pince said...

Mayhaps Mamie Gummer and her ex-hubby lived here.

Anonymous said...

7 mil and no views? no thanks merle