Celebrity Homes: Zsa Zsa Gabor home gets price cut on real estate market

 

 

Celebrity Homes!

Zsa Zsa Gabor home gets price cut on real estate market?

[May 18]

Coldwell Banker North agent Christophe Choo is the Realtor who landed the celebrity home listing for Zsa Zsa Gabor’s house. He converted the property from a Fisbo [For Sale By Owner] to a real life Zsa Zsa Gabor Celebrity Home listing. The trouble with the house? It just won’t sell. That is why the Hollywood real estate rumors are swirling on the real property rumor mills internet gossip websites that the famous television and movie star’s celebrity home is getting a price cut — and the family hopes to sell before the housing recession dips further or forces them to go bankrupt. Zsa Zsa Gabor’s husband, Frederic Prinz von Anhalt, tried to sell the mansion himself for what most Realtors claim was an unrealistic $28 million. The house (obviously) failed to sell despite the fact that it had a big history of famous star celebs names tied with it. Now, the 12,000-square-foot Bel Air home is on the market and Choo, who AOL reports is a former fashion model and lifelong Gabor Sisters fan, is working hard to earn his sales commission. Wanna buy a celebrity home, anybody? He’s wheeling and dealing and willing to sell the house for a deep discount.
AOL Real Estate reports:

Choo says that he expects to bring the property to market at around $15 million. (New photos are being shot this week.)

Gabor, the 90-plus-year-old Hungarian sex symbol, has been in failing health. In January, she lost her right leg and has been battling pneumonia and other setbacks since. Her husband says that he is eager to move her into a more manageable living arrangement, perhaps a condo, that would be more suitable than the 20-room mansion that has been her home for about 40 years. Gabor is said to be essentially bedridden and uses a wheelchair for mobility.

The mansion, originally built for Howard Hughes and home to Elvis for about four years while he was making movies in Los Angeles, is located off Sunset Boulevard. Gabor bought it from the Presley estate in the 1970s for about $600,000.

Von Anhalt told the media in January that the upkeep on the house was almost $35,000 a month — and more than the couple could bear on top of Zsa Zsa’s health care needs.

“I just want to settle my wife’s debts and keep her comfortable,” he said at the time. “It gives me a big headache, and I cannot afford to keep paying it.” Gabor also reportedly lost about $7 million to Bernie Madoff.