Foreign Property News | Posted by Aye Myat Thu
Santa Clara Winery Owner Fined $120,000 For Letting Employee Live on His Property Hundreds of people live in trailers and campers on the streets of Santa Clara County, California—a very visible sign of the ultra-expensive county's homelessness crisis. Despite the scale of vehicular homelessness in the county, county officials have spent years focusing their enforcement actions on a single trailer parked on private property. For years now, winery owner Michael Ballard has allowed his longtime vineyard manager, Marcelino Martinez, and his family to live rent-free in a trailer parked on the winery's property. County officials say this violates a county ordinance prohibiting...
Foreign Property News | Posted by Hnin Ei Khin
You can count on this home to provide an incredibly unique living space—but only if you have sufficient funds! A historical Minnesota bank that was turned into a one-of-a-kind home is on the market after undergoing a two year transformation. A converted bank in Duluth, MN, which still features many of its original details—including functioning vaults, safety deposit boxes, bulletproof glass, reinforced concrete walls, and even a historic drinking fountain—recently hit the market. The one-bedroom residence accrued a huge amount of interest, making it the week’s most popular home on Realtor.com®. Offering 2,530 square feet of renovated space, the top-rated...
Foreign Property News | Posted by Aye Myat Thu
For homebuyers with a special affection for life on the water—and an insistence on creature comforts—floating homes check a lot of boxes. These unique dwellings offer a permanent, water-based lifestyle on lakes, rivers, and bays, but they do require sea legs. Because these homes are built on floating foundations, residents will feel swaying—especially when a storm rolls in. So for those who can handle the occasional shaky spell, we’ve found five floating homes for sale. We’ve limited the budget to prices below $700,000. Yes, that’s well above the national median for a regular old tract home, but isn’t the waterfront life worth a splurge? 1....
Foreign Property News | Posted by Si Thu Aung
A Park Avenue residence that has been home to Canada’s consul general and used for official functions is on the market for $9.5 million. “Governments are becoming more strategic in their property portfolio management,” said Douglas Elliman’s Thomas Aabo, who is co-listing the property with Elliman’s Erin Boisson Aries. “As diplomatic requirements change, certain assets no longer fit official functions. This beautiful co-op residence is a great opportunity for a private buyer to acquire a high-quality property at attractive pricing.” A new owner stands to get a splendid piece of property. “The building is known for its gracious layouts and...
Foreign Property News | Posted by Shwe Zin Win
Dream of Californication. The former Beverly Hills home of Red Hot Chili Peppers singer Anthony Kiedis has listed for $11.25 million, The Post has learned. Kiedis, 61, lived at the property from 2004 to 2007, during which time the rock group recorded and released its seminal, Grammy Award-winning double album “Stadium Arcadium,” which includes such hits as “Dani California” and “Snow (Hey Oh).” “Located just moments from the heart of Beverly Hills, this gated estate spans over three lushly landscaped acres and transports you to a European retreat,” reads 1410 Davies Drive’s listing, which is held by agents Carl Gambino and Alyson...
Foreign Property News | Posted by Hnin Ei Khin
These well-heeled tenants could easily afford to become homeowners, but they’d simply rather not. For most Americans, it’s finances that keep them from purchasing property — but among the extremely wealthy elite, for whom money is hardly an object, there is a growing preference towards renting instead of buying. Over the past 15 years, the number of households in the top 5% of net worth has almost doubled, to close to 5%, the Wall Street Journal reported based on the Federal Reserve’s Survey of Consumer Finances. (High interest rates are one reason for renting’s newfound appeal to the wealthy elite.Dariusz Jarzabek –...
Foreign Property News | Posted by Aye Myat Thu
Jennifer Lopez and Ben Affleck are still trying to offload their $68 million marital mansion in the wake of their divorce—but that hasn’t stopped the “Jenny From the Block” singer from reportedly eyeing up another wildly expensive Los Angeles home. Reports suggest that J. Lo and Affleck stand to lose up to $25 million on the sale of their Beverly Hills home, which they purchased for $60.8 million in 2023 and have since put on the market for $68 million. Apparently, the pop princess is still willing to fork out millions more on a home of her own. TMZ claims that Lopez is currently “in negotiations to buy” a lavish and storied mansion that would more...
Foreign Property News | Posted by Hnin Ei Khin
This Manhattan triplex is looking for a new owner — be they hero or villain. A Murray Hill penthouse featured in director Sam Raimi’s early 2000s “Spider-Man” trilogy has hit the market with a $1.95 million price tag, according to a StreetEasy listing update. The unit played the part of Spider-Man’s nemesis the Green Goblin’s lair in all three films — “Spider-Man,” “Spider-Man 2” and “Spider-Man 3,” which were released in 2002, 2004 and 2007 respectively, starring Willem Dafoe as the supervillain and Tobey Maguire as Spider-Man. (The unit’s private roof terrace.Yale Wagner) (The sole...
Foreign Property News | Posted by Zarni Kyaw
Former Pussycat Dolls sensation Nicole Scherzinger has embarked on what appears to be a promising Broadway stage career starring as Norma Desmond in the revival of “Sunset Boulevard”—and now she’s offering up one lucky homebuyer the chance to enjoy unrivaled views of the iconic Los Angeles street. The cost of those aforementioned views? $6.7 million. “Don’t Cha” wish you hadn’t asked? That is the price that Scherzinger, 46, who made her name as the lead singer of the hit pop group The Pussycat Dolls, has listed her stunning Hollywood Hills home for, almost double the sum that she bought it for in 2016. The four-bedroom hillside home was...
Foreign Property News | Posted by Aye Myat Thu
Nicolas Cage has been tied to Sin City for decades, starring in the movies “Honeymoon in Vegas” and “Leaving Las Vegas.” His primary residence is in Nevada, but as of last month, he now also has access to one of California’s secluded beaches. “Yes, Nicolas Cage bought our home in Malibu,” Lenard Liberman, a co-founder of Liberman Broadcasting, said in a text to The New York Times. The four-level, nearly 4,000-square-foot home was bought for $10.5 million last month, according to the deed recording the sale, as well as Mr. Liberman. The sale of the property closed on Aug. 23 — the same day that his surprise hit “Longlegs” became...