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Actress, activist and first-class Hollywood diva Sharon Stone has joined a long-list of Hollywood celebrities facing big losses in the real estate market.
Stone, who has lost some of her A-list movie glam in recent years, is offering a Beverly Hills estate for $8.995--$2 million less than she paid for the property in 2006, reports the always reliable go-to source for celebestate, RealEstalker.
It’s unclear whether Stone ever actually lived in the 4.85-acre estate, which includes a Mediterranean-style, 6,640-square-foot house with five bedrooms and six bathrooms, in addition to a two bedroom guest house. Must-have amenities include a “state of the art” media room, four fireplaces and a workout room,
The house has been on and off the market over the years, starting from four months after Stone bought the estate and promptly listed it for $12.5 million, almost $2 million more than she paid for it, RealEstalker notes. That didn’t work and the price has been steadily dropping ever since, landing at $10 million 2008.
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“At that point, our favorite mercurial minx decided that if no one wanted to buy the damn house then maybe someone would pay her a colossal clump of cash to lease the property”--$35,000 a month, RealEstalker reports.
Stone joins a long (and diverse) list of celebrities who were burned by the property bubble burst, including Beck, Lil Wayne, Kate Walsh, Ashley Olsen, Ashlee Simpson and Eddie Cibrian, RealEstalker notes. Add to that list names like Jennifer Lopez and Nicolas Cage. (Zillow offers a list here; Luxist has its own list.)
Formerly funny comedian Eddie Murphy may head the list. Last fall he listed his Englewood, New Jersey estate—complete with bowling alley and racquetball court--for $15 million, down from the $30 million he wanted for the property five years ago.
