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Friday Diversion: Azaria Buys L.A. Home for $10 Million, Ferris Bueller’s House on Market

icon1 Posted by Michael Stone in Real Estate on 05 29th, 2009 | no responses
privprop1_F_20090528162854.jpgEverett Fenton Gidley

Talent manager Sandy Gallin’s L.A. home. Click here to see more photos of the property.

Here’s your weekly dose of high-end real estate news:

Actor Hank Azaria buys a home in Los Angeles’s Bel-Air neighborhood for $10 million. Built in 1932, the gated, 9,000-square-foot home has seven bedrooms, 10 bathrooms, four fireplaces, a dance studio, an art studio, a gazebo and a pool. (Los Angeles Times)

Actress Shannen Doherty lists her Malibu home for $4 million. The gated contemporary home is 3,410 square feet and has five bedrooms and four-and-a-half bathrooms. It also has high-pitched ceilings, terra-cotta floors, multiple skylights, a pool and a spa. (Los Angeles Times)

Sandy Gallin, a talent manager who represented Dolly Parton, Barbra Streisand and Michael Jackson, lists his Los Angeles home for $32 million. Mr. Gallin, who has made a second career of buying homes, renovating or replacing them and selling them to celebrities, bought the home two years ago for about $8 million from the estate of actress Jane Wyatt, who died in 2006. Mr. Gallin restored the home, built in 1936 by architect Paul Williams, and increased its size by nearly a third, to just over 12,000 square feet. It now has seven bedrooms, 12 bathrooms, a yoga room, a steam room and a pool. Click here to see photos of the home. (WSJ)

Three homes in Palm Springs, Calif., that belong to the estate of screenwriter and author Sidney Sheldon hit the market. The main estate, built in 1959, is listed at $1.7 million. Mr. Sheldon bought the home, located at the foot of the San Jacinto Mountains, in 1977. The adjacent guesthouse, built in 1948, is on the market for $1.9 million. Mr. Sheldon bought it from playwright Moss Hart and his wife, actress Kitty Carlisle for $775,000 in 1992. Another guesthouse across the street has an asking price of $2.2 million. Mr. Sheldon, who was a writer for the show “I Dream of Jeanie,” died in 2007. (Zillow)

Former software executive Marty Sprinzen lists his condominium on New York’s Fifth Avenue for $24.5 million. He bought the 4,500-square-foot apartment for $15.8 million in January 2007, records show. He spent $3 million renovating, says listing agent Penny Toepfer-Guttman of Brown Harris Stevens. The ninth-floor condo overlooks Central Park and has three bedrooms, a separate maid’s room and an 850-square-foot limestone terrace. Click here to see photos of the home. (WSJ)

The home used in the film “Ferris Bueller’s Day Off” hits the market in Highland Park, a suburb of Chicago. The price tag is $2.3 million. Designed by A. James Speyer in 1953, the home has four bedrooms in 5,300 square feet. It also has a glass pavilion, designed by architect David Haid. (New York Times)

Many luxury summer homes across the country are still for sale, with prices down an average of 20% from their 2007 peak. Sellers are cutting prices even further to try to move their properties by summer. (Barron’s)


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