Zsa Zsa Gabor Relists Opulent Bel Air Home at a Higher Price
London Luxury Real Estate
Zsa Zsa Gabor’s Opulent Bel Air home is back on the market
Zsa Zsa Gabor’s Opulent Bel Air home is back on the market only this time round at a higher price. The property has bounced on and off the market over the past few years. Now it is back on the market with a $14.9 million price tag.
Gabor’s home definitely has Hollywood history to spare
Maybe Gabor, 95, and husband Frederic Prinz von Anhalt caught wind of the latest news; The US real estate market has yielded the biggest monthly gain in home values since 2006. Perhaps this encouraged the starlet and her husband Frederic Prinz von Anhalt to relist the property with a $2 million price increase. We think that the home was priced too low to begin with.
You can’t put a price on a property’s legacy
It’s true that you can’t put a price on a property’s legacy and Gabor’s home definitely has Hollywood history to spare. The silver screen starlet bought the property back in 1974. Over the years, the 26-room home has welcomed a parade political and Hollywood elites, such as Ronald Reagan, Frank Sinatra, Elizabeth Taylor and both former Presidents Bush: George H.W. and George W.
The massive home is too large for the couple
The home was also leased by recluse Howard Hughes for most of the 1960s, but the home was never owned by Elvis Presley, as was claimed when the home was last on the market according to our friends at Zillow.
Over the years, the 26-room home has welcomed a parade political and Hollywood elites
This grand property is sitting on over an acre with views of downtown Los Angeles and the Pacific Ocean. According to one interview with von Anhalt, the massive home is too large for the couple. And with increasing medical bills for Gabor, the financial burden is too great.
Outdoor entertaining space
According to the lawsuit filed for conservatorship by Gabor’s daughter Constance Francesca Gabor Hilton, von Anhalt hasn’t been paying mortgage payments on the home. A notice of default was recorded against the property in February.
Stunning views of downtown Los Angeles and the Pacific Ocean
The 8,878-square-foot property has 7 bedrooms, 7 baths and several indoor/outdoor entertaining spaces. An enormous master suite, pool, grand salon and formal dining room round out the rest of the celebrity home.
The 8,878-square-foot property boasts a pool
According to the mortgage calculator, a monthly payment on Gabor’s home would be $54,294, assuming a 20 percent down payment on a 30-year-mortgage.
Source & Images courtesy of zillow