Hot home news: Mary Hart, Taylor Swift and Chicago's Trump Tower
May 23, 2013 at 4:07 PM
Another Taylor Swift Home Purchase
Super talented singer-songwriter she might be, but here’s a very young girl who seems to also have the instincts to some day be a real estate mogul. With each new real estate purchase she proves her classic good taste and a nose for a deal.
Having recently flipped her Hyannis Port waterfront mansion next door to former boyfriend Conor Kennedy for almost a million dollar profit within months of purchase, Taylor just completed the purchase of a 1930's Rhode Island mansion for $17.75 million. The classic colonial is perched 65’ above wide beaches on an outcropping of rock jutting out into Little Narragansett Bay.
Sited on 5.23 waterfront acres in affluent Watch Hill, the 11,000 square foot four-level house has 8 bedrooms, 11 bathrooms and 8 fireplaces. The property includes more than 700’ of shoreline with views over Fishers Island Sound and seven miles of wide sand beach. It was originally listed at $24 million.
Mary Hart's Elk Horn Ranch
Mary Hart made television history by breaking a Guinness World Record for the "longest serving entertainment news host" with her 29-year run as host of the ever popular celebrity gossip show, Entertainment Tonight.
In addition to her TV hosting talents, Mary was a singer and dancer who got her big break in 1988 appearing with comedian David Brenner in his Las Vegas show. An interesting brouhaha developed when it was publicized that certain notes she sang had the effect of making some people pass out. Hired by the Hanes hosiery company to advertise their stockings, and known for her shapely legs, her manager had Mary’s legs insured with Lloyd’s of London for $1 million dollars each.
Mary married her film-producer husband, Burt Sugarman, in 1989. Sugarman is well-known for the production of The Richard Pryor Show, Celebrity Sweepstakes, as well as films Children of a Lesser God, Kiss Me Goodbye and Crimes of the Heart, among many others. The couple acquired one of the first ranches in Big Sky, Montana at the exclusive Yellowstone Club when it opened in 2001, as the only private ski resort in the world. Now owning another property at the Club, they have put their original 160-acre ranch on the market for $26.5 million.
The Hart ranch consists of three buildings on 160 acres, consisting of the 7,000 square foot 6 bedroom, 7 bath main residence with a two-car detached garage and guest quarters above a 4-stall horse barn with a huge recreation venue above and a hand-hewn, one room “wrangler’s cabin” with kitchenette and bath. Built of log and stone, the buildings within the compound blend rustic elegance into the dramatic mountain landscape. A unique feature for this property is that the ranch has a trail that courses through the ranch connecting to the Gallatin National Forest and the Lee Metcalf Wilderness areas, allowing direct access to summer horseback exploration and hiking.
$32 Million for Trump Chicago Penthouse
Chicago has some of the most seen buildings in the world such as the 1920’s Wrigley Building that anchors the southern section of the Magnificent Mile, the 1960’s corn-cob shaped Marina City that was on TV every week in the opening scenes for The Bob Newhart Show and the 1970’s Sears (aka Willis) Tower that was the tallest building in the world for almost 25 years and starred in The Dark Knight Batman movie in 2008. The 2009 addition of Trump International Hotel and Tower to the city’s postcard skyline is another jewel in the city’s portfolio of famous architectural design. The Trump penthouse is for sale at $32 million.
The 14,250 square-foot, full-floor penthouse on the top of the tower is 1,178’ above the ground on the 89th floor. Just about at the same height where clouds form. The Trump people claim it’s the highest residence in the Western Hemisphere, offering 360-degree views from the floor to 16’ ceiling glass walls that surround the home with views to Illinois, Indiana and Wisconsin.
The penthouse with 5 bedrooms and 9 bathrooms sells as a shell for the buyer’s architect and designer to finish. Taxes will be $320,000 a year with monthly maintenance fees currently set at $12,000 a month. A total of 15 parking spaces are set aside for the penthouse at a cost of $100,000 each. The listing agent estimates that the same unit in New York City would cost about $100 million.
Trump Tower was originally planned as a 150-story building that would reach 2,000’, but due to the 2001 World Trade Center attack, the height was scaled down to its current 1,389’ and 92 floors by the time it was completed in 2009.
Real estate is never boring at TopTenRealEstateDeals. Click HERE to check out today's most entertaining and unusual real estate news stories of the week.