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Tom Petty’s Malibu Beach House in Photos
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Ellen DeGeneres and Portia de Rossi Just Dropped $70 Million on a Santa Barbara Compound
Ellen DeGeneres and Portia de Rossi recently added yet another multimillion-dollar property to their real estate portfolio—and this time, it set a record. The couple’s newest California compound cost them a whopping $70 million, making it the most expensive deal in the history of Santa Barbara County.
DeGeneres and de Rossi’s side-by-side properties sit atop an oceanside bluff in Carpinteria and total about 10 acres. The two adjacent parcels are divided into a three-and-a-half-acre Tuscan-inspired farmhouse and a larger landscaped lot with open lawns and a small lake, reported Dirt. Together they dropped $41.7 million on the mansion and another $28.2 million on the mostly vacant land next door. The compound also includes its own private trail that leads to the beach down below.
The opportunity to scoop these up comes from seller and retired hedge fund manager Bruce Kovner, who put his 22-acre oceanfront site on the market. Known as the Sanctuary at Loon Point, the property consists of two homes and three lots of land on Padaro Lane. DeGeneres and de Rossi now own one of those abodes, plus a parcel.
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Their stone-clad estate has five bedrooms and eight bathrooms spread across three levels and an impressive 9,066 square feet. Given its Italian influence, there are stone archways, exposed wood-beam ceilings, marble detailing and mosaic tiling throughout. Of course, the pad also has custom copper gutters and bronze windows and doors that were imported from Italy, reported Architectural Digest. Outside, there are Renaissance-style statues and olive trees akin to what you’d see in Tuscany and the roof has been constructed from terracotta.
Elsewhere, the great room is outfitted with a massive antique marble fireplace, and nearby, the chef’s kitchen has been decked out with state-of-the-art appliances, dual butler pantries and a large center island. There’s also a wine cellar and a swanky movie theater with leather recliners on the first floor. Upstairs, the primary suite sports two walk-in closets and a private spa terrace that overlooks the grounds. Speaking of which, the compound comes with a marble and mosaic-tile swimming pool, an outdoor kitchen and raised garden beds. In terms of entertainment, we’re sure DeGeneres and de Rossi will put the extra spa, several fire pits and a few alfresco dining areas to good use. More
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Trae Young’s New $20 Million LA Mansion Comes With a Safe Room and 800-Gallon Fish Tank
An NFL all-pro has handed his home over to an NBA all-star.
Atlanta Hawks point guard Trae Young has bought the Los Angeles-area mansion built by the former Green Bay Packer great Clay Matthews, according to new reporting from The Wall Street Journal. Previously, the buyer had been unknown, but thanks to property records and people familiar with the deal, the Journal was able to find out that Young is the anonymous new homeowner.
The living room
Simon Berlyn
The 14,000-square-foot Calabasas mansion was built by Matthews and his wife in the French Provincial style. The couple had initially planned for it to be their “forever home,” but they reconsidered their plans once Matthews was released by the Los Angeles Rams. Now Young gets to enjoy the (very plentiful) fruits of their labor.
Along with its seven bedroom and all the usual accoutrements, the property has a host of amazing amenities. There’s a home theater, a wine cellar and a wood-paneled game room with a billiards table. On the more unusual side, a secret door in the library leads to a safe room and one of the walls features an 800-gallon saltwater aquarium (Matthews had originally wanted it to take up the whole wall, but he downsized at his wife’s request). A spokesperson for the listing told The Wall Street Journal in 2021, when the home was first listed, that the couple would consider parting with the fish along with the property. It wasn’t revealed whether Young had taken them up on the offer.
The library, which houses an 800-gallon fish tank
Simon Berlyn
To full take advantage of LA weather, the outside of the house also includes some pretty incredible additions. Of course, given the athlete ownership, there’s a sports court, but there’s also a large pool, a goldfish pond, a rose garden, an orchard, a fire pit and a pergola. That gives you plenty of options for unwinding after a long workout or some time spent shooting hoops.
The Matthewses purchased the land for the home for only $2.6 million in 2013. When they first listed the property, they were asking a cool $30 mil, but the price dropped a couple of times before Young bought it for $20 million. Given the fact that the baller currently plays for the Atlanta Hawks, it’s unclear whether this will be his forever home either. But it appears he has a new off-season abode.
Click here to see all the images of 25314 Prado de la Felicidad. More
Better Than a Hotel? You Can Now Buy Shares in Multiple Homes Around Europe to Travel in Comfort
Mélie and Nico Dunod spent years helping clients acquire and renovate vacation homes throughout Europe. Traveling between France, Spain and Italy, they realized how limiting owning one home can be, especially with so many beautiful destinations to discover. This mindset inspired August Collection, a co-ownership model that allows you to own the equivalent of 1/21 of five homes in five different destinations in Europe.
Founded in 2018, August was built on the idea that the average owner spends just 35 days in their vacation homes per year, and the home sits empty for roughly 11 months.
Chamonix is a popular year-round destination for outdoor lovers.
August
“The more we assisted clients with finding their dream homes, we realized that owning a single holiday home outright in Europe was very limiting, wasteful and full of dichotomies,” says Mélie. “Similarly, no one wants to spend such significant amounts of money on a property they will use for only a few weeks a year, yet they want a home they will be proud of and that is at least as comfortable as their primary residence. We created a model where you own not one but multiple homes in Europe’s best locations, homes all renovated to the highest standards where every single detail is thought through, and for a fraction of the price of buying one home.”
The homes are designed to exacting standards.
August
August has a variety of collections, including the Premium, Signature and Pied à Terre Collections, that offer varying home sizes and destinations for 1/21 ownership. There are also single-family homes with 1/8 ownership offerings. A new line is typically launched yearly; for example, buying into this year’s Premium Collection (the largest property option with four or five bedrooms) gives you access to abodes in the French Alps, French Riviera, Mallorca, Tuscany and the English Countryside for $630,000 (€600,000). The Signature Collection usually offers the same destinations for a smaller home at a lower price. There’s also the Pied à Terre Collection with residences in Cannes, Barcelona, Paris and Rome.
Unlike timeshares, you can sell your shares of the homes on the traditional real-estate market and transact its shares like you would any other home. If you want to sell, August can handle sourcing another buyer to purchase your piece of the pie. Also unlike a timeshare, you’ll have real title ownership with appreciation of value. Each home is 100 percent owned by you and your fellow landowners, not August; however the company will manage every aspect of the home, from maintenance to dealing with local taxes and laws to designing the new properties.
A home in Barcelona.
Pete Helme Photography
August also has a point-based booking system that lets you equitably choose the weeks you’d like to spend in the homes. Bookings are released in three batches, with super-peak weeks being the first batch. You can plan a year in advance or book spontaneous trips if your points allow. While in the summer months, destinations such as the South of France are the most popular, August aims to combine buyers who might be interested in the homes at different times of the year. You can also purchase multiple shares in one collection—up to four—to increase the amount of time you’re spending in each location. There’s also a monthly fee that covers utilities and cleaning.
There are multiple collections to choose from.
August
The Dunods have more than 30 years of real estate and interior-design experience. When they purchase a home, each is planned to exacting standards with a high-end slant to ensure the best product offering. In terms of destinations, the duo choose locations based on proximity to international airports, year-round offerings and places that have strong and stable real-estate markets and luxury home offerings.
“When you rent, you need to plan in advance: How many bedrooms do I need, do I want to invite guests? This often leads to people holidaying less,” Mélie says. “With August, families have guaranteed homes that they want to go to, and the common feedback is people spend many more holidays together and the kids are eager to join.” More
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This 316-Acre Colorado Ranch Once Owned by Late Rocker Joe Cocker Just Listed for $18 Million
Many of late music legend Joe Cocker’s greatest hits are songs that he put his own soulful spin on. Now one lucky buyer has the opportunity to add their own twist to the cover artist’s former Colorado abode.
Known as Mad Dog Ranch, the British rocker’s English Tudor–style estate sits on 316 acres in the picturesque North Fork Valley. The 15,873-square-foot manse and guest house were custom-built in 1994 by award-winning architect John D. Kelley for Cocker—who later passed away in 2014 at the age of 70—and his wife. Altogether, the lavish spread contains a whopping 15 bedrooms and 15 bathrooms, which justifies its hefty $18 million price tag. The ranch even comes with Cocker’s extensive art and book collection, plus a historic snooker table that once belonged to King Edward VII.
A Colorado ranch that once belonged to late British singer Joe Cocker has just listed for $18 million.
Joshua Johnson
“This is the most remarkable home I have ever walked into, and the attention to detail is uncompromising,” listing agent Dan Dockray of LIV Sotheby’s International Realty in Colorado tells Forbes. “It’s situated in the most serene and exclusive location on the West Elk Mountains; there is nothing else like it. The home is luxurious beyond expectations and yet still feels comfortable and unpretentious, an outstanding combination of vision executed in a dramatic setting.”
The stately main residence offers up seven suites, 10 bathrooms and four powder rooms. Among its most notable elements is a massive terrace that spans the length of the entire home with patios, seating areas and outdoor fireplaces. Internally, there are old-world details, including soaring vaulted ceilings, sweeping staircases and stone fireplaces. Elsewhere you’ll find a living room, a chef’s kitchen, a formal dining room, a cozy library and a billiards area.
Known as Mad Dog Ranch, the home was inspired by English Tudor–style estates.
Joshua Johnson
Outside, the grounds are the only thing able to one-up the château itself. Think sprawling gardens, 60 acres of irrigated pastures, horse stables and dual amusement park-sized water slides that lead to a large swimming pond. There are also hiking and biking trails that run throughout the property and the prized pad itself is surrounded by a national forest. “The setting is powerful, enchanting, and it provides the ultimate escape,” adds Dockray.
Whoever gets to scoop up Cocker’s former digs, there’s a good chance they’ll be singing, “You are so beautiful, to me.”
Click here to see all the photos of Mad Dog Ranch.
Joshua Johnson More
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Mad Dog Ranch in Photos
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These Luxe Rain Forest Villa Rentals in Costa Rica Offer Bonkers Views of a Volcano
Ever wanted to vacation in a rain forest? This new villa-rental service in Costa Rica can help you out.
Arenal Hills, a vacation-home development company, recently unveiled its brand-new rental program for those looking to enjoy their time off in a private luxury abode. Located in La Fortuna, Costa Rica, the property is primed to let you relax in the great outdoors, with lush greenery spreading across 123 acres. The gated community will include 146 homes divided into two- and three-bedroom villas with 24/7 security. The tropical vacation homes were all designed and built by Jorge Chinchilla; the famed architect took cues from the natural surroundings—including views of the nearby Arenal Volcano—and incorporated them into the interior design, using natural wood floors, bamboo accents, fine marble harvested from the Peruvian mountains and a neutral color palette.
The 2,800-square-foot two-bedroom villa is a single story, while the 4,800-square-foot three-bedroom home spans two floors. All the homes have their own private waterfall hot tub pool in the garden that will make you feel lost in paradise. There’s also an on-site concierge to take care of all your needs. And, to make getting around the community a breeze, each home has a personal golf cart that you can use to hit all the activities on offer.
Bedroom.
Arenal Hill Homes
Those amenities, which you can visit without leaving the property, include a multipurpose room where you can partake in complimentary yoga and other fitness classes. Next year, the private enclave plans to add a 33,000-gallon infinity-edge pool with a swim-up bar and a kids’ pool, a restaurant and a premier lounge called Club Cabana. The development also hopes to introduce a second luxe relaxation spot—Club Vida—and another dining option by 2024. If you happen enjoy horseback riding, you’re in luck, as Arenal Hills will be breaking ground on an equestrian center in 2025.
Exterior shot.
Arenal Hill Homes
“We are thrilled to kick off Arenal Hills’ new rental program as Costa Rica enters its high tourist season,” Gerald Baum, CEO of Costa Rica Land Capital Partners and sole owner of Arenal Hills, said in a statement. “Through our new program, renters will not only stay in luxurious, fully furnished villas immersed in a magical paradise but can also enjoy the variety of exclusive amenities offered only to Arenal Hills residents.”
There are currently eight homes available for reservations through Airbnb, with another 100 slated to open in the near future.
Rates for homes start at $400 per night. More
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MLB Hall of Famer Larry Walker’s Former Colorado Mansion Hits the Market for $4 Million
In 2020, Larry Walker made history as the first ever Rockies player to be inducted into the Baseball Hall of Fame. Now, the retired slugger’s former Colorado mountain mansion is up for grabs.
Originally built in 1996, Walker’s one-time estate has hit the market for $3.9 million and offers up some seriously stunning vistas. Located less than an hour outside of Denver and nestled into the foothills of the Rocky Mountains, the wilderness residence features eight bedrooms and 12 bathrooms. Spanning 12,452 square feet, the home sits on a roughly six-and-a-half-acre lot in the secluded enclave of Evergreen.
“The previous owners of this Hall of Fame home paid special attention to the home’s exterior, mirroring what is typically only found along some of the state’s best hiking and biking trails,” notes the listing, which is held by Delroy Gill and Stuart Crowell of LIV Sotheby’s International Realty. The outdoor areas here really do feel like stepping into a postcard-worthy park. Think a spacious backyard with an expansive deck and a lush, private stone patio. At the front, you’re greeted with a cascading waterfall feature reminiscent of what you might come across on a scenic trek.
A mountain mansion in Colorado once owned by Rockies player Larry Walker just listed for $3.9 million.
Fortem Media/LIV Sotheby’s International Realty
Inside, the manse has seen its fair share of modernizations throughout the years. Today, you’ll find vaulted ceilings, six fireplaces and brand-new hardwood flooring throughout. Of course, what would a renovation be without the addition of some contemporary amenities? The pad has been updated with a wine cellar, a sauna, a library, a gym and a home theater. There’s also a guest house positioned above the garage.
The home has been renovated and includes a home theater and game room in the basement.
Fortem Media/LIV Sotheby’s International Realty
Upon entering the main home, a statement-making grand staircase is the first thing to catch your eye, outfitted with rod iron handrails. If you’re curious, it leads up to a lofted living room that has perhaps the best views of the nearby mountains. Elsewhere, a chef’s kitchen has been decked out with state-of-the-art appliances including two ovens, three stovetop ranges and a gigantic fridge. A large center island acts as the anchor of the space. Downstairs, the basement has been converted into the ultimate game room, with its own billiards table and bar. The only thing Walker’s one-time home is missing? A batting cage.
Click here to see all the photos of Larry Walker’s former Colorado mansion.
Fortem Media/LIV Sotheby’s International Realty More
