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    3
    Apr
    2013
    12:08pm, EDT

    Inside the homes of Jon Bon Jovi, Cheryl Tiegs, Larry David

    TODAY real estate contributor Barbara Corcoran provides a sneak peek inside some of the celebrity homes for sale across the country, including Larry David's 1950s mansion in California and Cheryl Tiegs' Bel Air estate.

    By Barbara Corcoran, TODAY real estate contributor

    This week in celebrity real estate, Jon Bon Jovi lists his Soho penthouse for $42 million and Larry David puts his Pacific Palisades mansion on the market for $14.999 million.

    Jon Bon Jovi
    New York penthouse - $42 million

    Jon Bon Jovi has listed his Soho penthouse for $42 million, almost double the price of the next-highest priced home in the New York neighborhood. The 7,500-square-foot home is in a pre-war, landmark duplex condo in one of Manhattan’s hippest neighborhoods. The home has five bedrooms and 5.5 baths and features an impressive foyer, dining area and a modern chef’s kitchen. The penthouse also has 11-foot ceilings and three landscaped terraces.

    Larry David
    Pacific Palisades, Calif., home - $14.999 million

    “Seinfeld” co-creator Larry David has put his 1950s Pacific Palisades mansion on the market for $14.999 million. The seven-bedroom, 10-bath home is located on nearly an acre of land overlooking the Pacific Ocean. This Tudor-style home resembles something out of the English countryside, with a gated entrance, a long cobblestone pathway and a beautiful pool and guest house out back. The inside features beamed ceilings, wood and tile floors and brick and stone fireplaces.

    Cheryl Tiegs
    Bel Air, Calif., home - $12 million

    Supermodel Cheryl Tiegs has put her Balinese-style home in the Los Angeles community of Bel Air on the market for $12 million. Tiegs has owned the home for 17 years and hired “million dollar decorator” Martyn Lawrence Bullard to do the décor. The five-bedroom, 4.5 bath home features a main living area with dark wood floors, a vaulted ceiling and a kitchen with a farmer’s sink and butcher block island. Located on nearly an acre and a half, the kidney-shaped pool, fountains and lush plantings make this property feel like a tropical getaway in the middle of Los Angeles.

    Joel Schumacher
    Carpinteria, Calif. - $7.25 million

    Legendary film director Joel Schumacher, best known for the 1980s classic “St. Elmo’s Fire” and a trio of “Batman” movies, has his California retreat on the block for $7.25 million. This five-bedroom, 4.5 bath home about an hour and a half north of Los Angeles is all about privacy. The three-bedroom main house and secluded guest house are tucked away on five lush acres overlooking the surrounding hillsides and with distant views of the Pacific Ocean. Designed by Don Nulty and built in 2000, the house is pleasantly rustic and features Diego Rivera-style murals in the entrance hall.

    10 comments

    What the big deal? ... these people make a lot of money ..they deserve to spend it anyway they want! High price homes bring in big tax dollars, employ lots of help, generating income for a broad spectrum of the economy ... Thats what trickle down economic is all about ... Each of us dream of living …

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  • 13
    Mar
    2013
    11:52am, EDT

    Tommy Lee Jones puts Florida ranch on the market

    TODAY real estate contributor Barbara Corcoran provides a sneak peek into some of the celebrity homes that are on sale across the country, including Tommy Lee Jones' Florida ranch and David Hasselhoff's gated mansion in Encino, Calif.

    By Barbara Corcoran, TODAY contributor

    This week in celebrity real estate, Mary Louise Parker puts her Greenwich Village duplex on the market for a third time and Tommy Lee Jones lists his 50-acre polo ranch in Palm Beach, Fla.

    Tommy Lee Jones
    Wellington, Fla.: $26.75 million

    Zillow

    Tommy Lee Jones' 50-acre polo ranch in Palm Springs boasts an 11,000-square-foot home.

    Oscar-winning actor Tommy Lee Jones has put his 50-acre polo ranch on the market for $26.75 million. The ranch is next door to the International Polo Club of Palm Beach and down the street from the location of the winter equestrian festival. The grounds are the real draw for this property, as they include a regulation-size polo field, miles of horse trails, and two barns with a total of 48 stalls.

    Jones created the ranch -- an 11,000-square-foot home that includes four bedrooms and two baths -- by combining two parcels purchased in 2002 for $4.62 million.

    The veteran actor may be giving up his Florida ranch but not the sport – he’s apparently selling because he spends more time playing polo on an estate in San Saba, Texas, and in California.

    Joe Don Rooney
    Brentwood, Tenn.: $1.68 million

    Zillow

    Rascal Flats guitarist Joe Don Rooney's Tennessee mansion is on the market for $1.68 million.

    Rascal Flats guitarist Joe Don Rooney's Brentwood, Tenn., home is a sprawling 7,900-square-foot mansion that comes with four bedrooms, six baths, a fully equipped home recording studio, an elevator and an in-house beauty salon.

    The interior is all brown and cream with soaring ceilings and lots of dramatic curtains. Also dramatic is a two-story entryway with French doors, wrought iron railings and gleaming wood floors. The open living and dining room has a floor-to-ceiling stone fireplace. The closets in the master bedroom are a clothes lover’s dream.

    Outside is a beautiful, formal pool with a waterfall.

    Mary Louise Parker
    Greenwich Village duplex: $6.99 million 

    Trulia

    Mary Louise Parker's 10-room duplex in Greenwich Village in lower Manhattan is on the market for the third time this year.

    Mary Louise Parker must be hoping the third time’s the charm – her 10-room Greenwich Village duplex has just hit the market for the third time in the past year. She’s now asking $6.99 million, down from her original asking price of $7.25 million a year ago.

    The 3,000-square-foot co-op has five big bedrooms, 4.5 baths and four exposures in a popular pre-war building. The rooms are spacious and well-lit, with beamed ceilings, arched doors and 26 windows. 

    The living / dining area has a wood-burning fireplace. The eat-in kitchen is compact but comes with a Wolf range and Sub-Zero refrigerator. The children’s room has a whimsical wall mural and wacky puppet theater.

    David Hasselhoff
    Encino, Calif.: $3.795 million

    Trulia

    David Hasselhoff is asking $3.795 million for this colonial mansion, which includes two guest cottages, a swimming pool and a tennis court.

    David Hasselhoff bought this Encino home back in 1996 for $1.98 million. Today he's asking $3.795 million for the colonial mansion about 30 miles northeast of Malibu.  

    The five bedroom, 5.5 bath home home is 8,900 square feet. There are two guest houses on the 1.5 acre property, which also includes a swimming pool and spa with a waterfall, a giant exercise room and a tennis court. This home has been on and off the market, and there is a pending offer in now.

     

     

     

    9 comments

    I am just mystified at the money these goofballs have!

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  • 20
    Feb
    2013
    8:14am, EST

    Pamela Anderson's Malibu home hits the market

    TODAY real estate contributor Barbara Corcoran gives a peek inside the fabulous homes that such stars as Pamela Anderson, Ethan Hawke and Chris Bosh currently have on the market.

    By Barbara Corcoran, TODAY contributor

    This week in celebrity real estate, Pamela Anderson lists her Malibu home and Ethan Hawke puts his New York townhouse on the market.

    Pamela Anderson
    Malibu home: $7.75 million

    Trulia

    Pamela Anderson's Malibu home is one block from the beach. Asking price: $7.75 million.

    Pamela Anderson is downsizing – and her teak-sided Malibu home is on the market for $7.75 million. She bought the five-bedroom, three bath home 12 years ago, and if she sells at that price, she stands to make a neat $5 million profit. The 2,700-square-foot house was previously listed for rent for $50,000 a month. It’s one block from the beach, and the airy living room has a fireplace and enough room for a baby grand. The sleek master bedroom has a wall of sliding windows that open to a private deck. The roof terrace has a poured concrete fireplace and wide open views of the Malibu Lagoon and surrounding hills. 

    Ethan Hawke
    New York City townhouse: $6.25 million

    Zillow

    Ethan Hawke's colorful Chelsea townhouse, listed at $6.25 million, features a wall of built-in bookcases

    Ethan Hawke’s super colorful Chelsea townhouse is on the market for $6.25 million. He bought the six bedroom, 4.5 bath home in the heart of Chelsea’s art galleries for $3 million eight years ago and is looking to double his money. The townhouse is 21-feet wide and has 3,500 square feet of living space on three separate floors, including a garden space. The main living area has a long wall of built-in bookcases finished in a vivid green. The retro-modern kitchen includes a center island/breakfast bar. The dining room has a big casement-style window that looks out on the back garden. The kids’ room is a perfect kids’ room, and the NYC-style garden has a step up that overlooks tall buildings.

    Chris Bosh
    Pacific Palisades, Calif., mansion for rent: $45,000 a month 

    Zillow

    Miami Heat basketball star Chris Bosh is renting out his Pacific Palisades mansion for $45,000 a month.

    The Miami Heat’s eight-time NBA All-Star Chris Bosh has put his Pacific Palisades mansion up for rent for $45,000 a month. The six-bedroom, eight bath home has nearly 11,000 square feet of mock-Mediterranean style. The home has stunning views and a gigantic resort-style pool with a sunken banquette and fire pit smack in the middle. The living room is formal with columns, a trey ceiling, big windows and a centered glass front fireplace. There’s a screening room equipped with fat leather recliner seats with built-in cup holders. The billiard room is every rich guy’s dream and is separated from the living room by a built-in wet bar.

    Sen. Marco Rubio
    Miami home: $675,000

    Zillow

    Sen. Marco Rubio, R-Fla., has listed his West Miami home for $675,000.

    Sen. Marco Rubio, R-Fla., currently has his West Miami home on the market for $675,000. Rubio and his wife Janette bought the 2,600-square-foot home in 2005 for $550,000. They've picked a good time to sell – Miami home values are up a whopping 16 percent over a year ago according to Zillow. The four bedroom, 3.5 bath home has a soaring great room with double height windows and Mediterranean touches throughout. The kitchen has dark wood cabinets and stainless steel appliances. The dining room has large windows and wide crown molding.  

     

     

    9 comments

    "...and the airy living room has a fireplace and enough room for a baby grand." My small living room has enough room for a baby grand, which is a highly-rated Kawai GM-10 which is just 5' wide x 5' long. Baby grands are less than 6' long.

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  • 31
    Jan
    2013
    11:49am, EST

    Barry Bonds' estate listed at $25 million

    TODAY real estate contributor Barbara Corcoran provides peeks inside some of the celebrity homes on the market across the country, from Ashton Kutcher's L.A. bachelor pad to Barry Bonds' 17,000-square foot mansion.

    By Barbara Corcoran, TODAY contributor

    This week in celebrity real estate, Barry Bonds looks to unload his Los Angeles estate for $25 million and Ashton Kutcher's former bachelor pad is back on the market for $2.85 million.

    Barry Bonds' estate, Los Angeles
    For sale: $25 million

    Zillow

    Barry Bonds' home features a gourmet kitchen.

    Digs like this make being under house arrest, as Bonds was sentenced to back in 2011 but is fighting, seem pretty appealing. Bonds bought the 17,000-square-foot mansion on 2.56 acres back in 2002 for $8.7 million. Neighbors in this ritzy Beverly Park neighborhood include Denzel Washington and Reba McEntire. The interior has truly soaring ceilings – some as high as 30 feet – travertine tile work, and hand-painted murals. There’s a gourmet kitchen, home theater, home office with leather wall upholstery. The Mediterranean-style estate comes with a guesthouse, pool, spa and cabana and an outdoor kitchen on the massive patio. The seven bedroom, 13 bathroom home is entirely controllable by iPad.

    Ashton Kutcher's former bachelor pad, Los Angeles
    For sale: $2.85 million 

    Trulia

    Ashton Kutcher's former bachelor pad is back on the market. Listing price: $2.85 million.

    Ashton Kutcher’s former bachelor pad has hit the market for $2.85 million. The star of “That '70s Show” owned the home before he married Demi Moore and sold it in 2011, a few years after they wed. Kutcher and his father did extensive renovation work on the property, reportedly expanding the square footage from just over 2,000 square feet to more than 3,400. The two-story, four bedroom, 4.5 bathroom home has an open floor plan with high ceilings, large windows, a professional home theater and a two-story wine tower that accommodates a 210-bottle collection. Sliding glass doors lead to the lush and private backyard with a three-tiered cascading waterfall and infinity edge pool and spa.

    Serena Williams' Los Angeles home
    For sale: $1.85 million

    Trulia

    Tennis superstar Serena Williams has listed her Los Angeles condo at $1.85 million.

    Tennis superstar Serena Williams has put her Wilshire Boulevard pad on the market for $1.85 million. Williams apparently used this light and fresh condo as a pied-a-terre; she bought the 2,400-square-foot home in 2002 for $1.275 million. (Four years later, she plunked down over $6.6 million on a massive, seven-bedroom Bel Air mansion.) This two bedroom, 3.5 bathroom home has an open floor plan, hardwood floors, balconies and walls of windows with sparkling city views. The full-service building offers a concierge, valet, pool/spa, gym, rec room, and wine storage.

    Howie Mandel's Malibu mansion
    For sale: $7.75 million

    Trulia

    Howie Mandel's Malibu mansion has views of the Pacific Ocean.

    The king of game show hosts has put his Malibu manse back on the market for a cool $7.75 million. That’s $500,000 more than he listed it for back in December 2011. Located in the prestigious Point Dume area, this architect-designed, Cape Cod-inspired mini-compound sits on over an acre of land with panoramic Santa Monica ocean views. The main living area includes a double-height formal living and dining rooms, both with French doors. The large open kitchen has a center island. The elegant but comfortable style has a seamless indoor/outdoor flow. The five bedroom, 5.5 bathroom home also a theater, an office, a gym and a guesthouse. The flat lot includes expansive lawns, a huge patio and infinity pool.

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  • 24
    Apr
    2012
    11:53am, EDT

    What does 'American-style' mean in real-estate speak?

    By Julieanne Smolinski

    Looking to unload your home? Trying to buy a new one? Everybody knows that "cozy" means shoebox-sized and "lively" means that the neighbors will probably keep you up with their jug band, but what about things like "American style" and "kid-friendly"?

    Real estate expert Barbara Corcoran came by to be your realtor-to-English translator.

    Unique = Bad news. Decorated or built by oddballs.
    Needs a little TLC =  It's falling apart.
    Kid friendly = It's a mess.
    American style = ANYTHING. Basically, that the house is "in America" and potentially decorated in poor taste.
    Country living = It's in the middle of nowhere.
    Home office = The toilet is in the middle of the living room.
    Move-in condition = Please move in, let's go, we need money and the house has been ransacked.

    Ever end up checking out something scary because you didn't see through the advertising lingo? What's your craziest open-house story? Tell us in the comments.

    Julieanne Smolinski is a TODAY.com contributor. She has lived in a lot of "unique" places.

    More: Want to look better in pictures? Just look to the left
    21 of the most annoying pet peeves, ever

    8 comments

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  • 11
    Apr
    2012
    1:09pm, EDT

    Need help with real estate negotiations? Ask Barbara Corcoran

    Jeff Christensen / AP

    Barbara Corcoran

    By TODAY staff

    For most of us, buying or selling a home is one of the biggest decisions we will ever make. And the hardest part is negotiating a fair price. 

    The whole concept of negotiating can be daunting. If you are too tough, the other party may just walk away. If you are too eager, you may get ripped off.

    Do you have a question about real estate negotiations? Do you wonder how to choose the right broker for you?  

    Barbara Corcoran will answer your questions on the air this Saturday. You could be chosen to ask her live via Skype or the phone yourself! 

    In the comments field below, ask your question. And Barbara may be talking with you Saturday on TODAY.

     

    17 comments

    AFTER I bought my current house, I discovered (a very hidden fact) that impacted the cost of my homeoners' insurance greatly. They are two databases that track prior property liabililties, impacting the cost of the insurance (like credit reporting agencies).

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  • 15
    Apr
    2011
    5:22pm, EDT

    Barbara Corcoran on picking the best retirement location

    Barbara Corcoran

    Barbara Corcoran, TODAY real estate contributor and "Shark Tank" entrepreneur, joined TODAY.com Friday morning for a live Web chat to answer viewer's home-buying and home-selling questions.

    Here are two of her answers to questions from the live chat. See below for the full Q&A. 

    Question:
    Where can my husband and I retire to? We are over 50 and want to relocate to a less expensive lifestyle than New England.

    Barbara's answer:
    Wow! That's a wide open question. You have so many areas of the country that have temperate, warm climates that are priced right for retirees and also offer wonderful amenities that are hard to find in New England. You could basically throw a dart at a map at the U.S. and be fairly confident it will land in a warmer place in New England! 

    Whatever you do, make sure your research online. After you choose a half-dozen places that appeal to you, plan at least two long weekend vacations in each place so you can really get the taste of what it's like. You should plan the vacations at different times of years as many retirees make the mistake of checking out Sarasota, Fla., in winter and are SHOCKED to find what is there in the summer. It may be a little too hot for your taste in the summer months.

    Promise yourself that you will NOT look at houses for sale when you go there on vacation -- which guarantees you will give your choice enough thought before jumping off the diving board. The typical retiree visits the new location and looks at houses on the second day. It opens you up to too much temptation, too many day dreams and too many mistaken choices.

    Once you've completed your vacation tours, decide which locations you'd like to go back for another look see. And then -- and only then -- start looking at houses.

    Question from Brian Gogerty: 
    My mom was a heavy smoker and she wants to sell her property but the walls are smoke damaged. What do you suggest? 

    Barbara's answer:
    Hi Brian! First, move your mom out to a local Day's Inn for a weekend so you can fumigate. Try to do it on a weekend that has a good weather forecast with high winds -- and open all of the windows. 

    Before you start, make a big sign for yourself and put it on the main living room wall. It should say, "I really do love my mother."

    Call a local exterminator who could be able to treat the odor problem throughout the whole home. Once you've torn up the carpeting and rugs, taken down the drapes and dry-cleaned anything that holds odors. It's a big job.

    By the way, make sure the painting company you hire scrubs the walls first before putting on a new coat of paint as that odor will leak right through the top coat.

    If you've got high energy and really want to get even with your mom, you could send her to a rehab place for smoke addicts instead of the Day's Inn -- and then threaten her with a return visit for the rest of her life once all of the work is done if she doesn't stop smoking! :-)

    Complete archive:  

    If you have a real estate question for Barbara Corcoran, submit it here.

    To sign up for an e-mail reminder for our next chat, click here.

    Comment

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  • 14
    Apr
    2011
    3:22pm, EDT

    Barbara Corcoran to host live TODAY.com online chat

    TODAY

    Barbara Corcoran, TODAY real estate contributor and "Shark Tank" entrepreneur, will join TODAY.com tomorrow morning to answer all of your home-buying and home-selling questions. 

    Just click here tomorrow morning around 9:30 a.m. ET and you'll be directed to the chat. 

    You can sign up for an e-mail reminder so you don't forget! And submit your questions early for a chance she'll see it. 

    Comment

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  • 14
    Jan
    2011
    8:26am, EST

    Barbara Corcoran shares homes you can buy for under $200,000

    Each week, TODAY's real estate expert Barbara Corcoran, looks around the U.S. to see what homebuyers can get for their money.

    This week’s search goes from Michigan to Alabama in search of wonderful properties for less than $200,000. Check out the links to the homes below.

    Nashville, Tenn. — $159,900
    This classic three-bed, two-bath ranch home features a unique brick and stone facade. Inside, you'll find an open floor plan with hardwood floors. The kitchen could use some updating. 

    Grand Rapids, Mich. — $189,900
    This three-bed, 1.5-bath, two-story stately home built in 1926 has a tiled floor entry, brick fireplace, hardwood floors and original woodwork. The home is roomy enough to include an office or library space.

    Omaha, Neb. — $193,900
    Look what you can get for under $200,000 — four bedrooms and 3.5 baths! Omaha is a family-friendly city, which has annual events, parks, walking trails and open spaces. The home is beautifully landscaped and inside there's a sunny dining room, breakfast bar - even a "man cave" with a bar!

    Florence, Ala. — $199,900
    If you're a history buff, you may like living in a Victorian home that's on the National Historic Registry. The exterior is painted in a cheerful yellow, with a classic front porch. The interior features original hardwood floors, transom windows, three bedrooms and two baths.

    TODAY real estate contributor Barbara Corcoran continues her home tour across the country and tells viewers what she found for under $200,000.

    17 comments

    WastingtonDC:  We have three listing books full of retirement farms in Va, WVa, Tenn, Florida, et al, growing now for three years, as we prepare to swap our Northern Va home, 17 minutes from the White House, at rush hour, for 25 to 50 acres with one to three homes, in case we need them, for our ext …

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  • 13
    Jan
    2011
    3:20pm, EST

    Parents who invest in a child's mortgage

    By Will Springer, Editor for msnbc.com

    Should parents help a family member pay for a new home? Financially and emotionally, it can be a great investment - but at what price?

    Getting a mortgage can be difficult in perfect economic conditions, but trying to gather enough money to buy that new home can be quite the challenge when banks have tightened lending standards.

    "If the child is going to the parent in the first place (for a loan), it's often because they don't qualify with a bank," says Barbara Corcoran, TODAY's real estate expert. "If they don't qualify with a bank, there's a reason for that. The parent is assuming a great deal of financial risk."

    What happens if the new homeowner cannot cover the monthly mortgage? The parent is on the hook.

    The key is whether the individual can afford the loan and repay it on time, Barbara says.

    There is some great advice and background info to think about from Barbara. The video says it all.

    Real estate expert Barbara Corcoran offers advice on co-signing a loan or lending money to family members to pay for a home.

     

    4 comments

    No I wouldn't pay their mortgage, I would & have bought a second property and rented it to them. Gives me a tax break and them a cheap place to live 25 miles from me! Cool huh

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