The traditionally hot summer months for housing market activity are living up to their reputation already. Homes in all price ranges are selling quickly, drawing multiple bidders and sometimes going for above their asking prices. This week we look at actors, athletes and others of note who have joined in the seasonal buying-and-selling fray.
Once you’re done checking out these star-studded transactions, visit and like our Facebook page, where you can find Hot Property stories and updates throughout the week. That’s also a great place to leave us a tip about a celebrity home deal.
Scene change for sketch comic
Comedic actress Kristen Wiig of “Saturday Night Live” and “Bridesmaids” fame has sold her home in Los Feliz for $2 million. She bought the property four years ago for $1.764 million.
The multilevel home, built in 1949, was designed with the Southern California indoor-outdoor lifestyle in mind – down to the outdoor shower. Glass pocket walls open to terraces and decking extending from each floor. Outdoor living areas create some 2,500 square feet of space — nearly as much as the home’s 2,719-square-foot interior.
There are three bedrooms, three bathrooms and a powder room.
Wiig, 43, is in “Despicable Me 3.”
A serious price for late comic’s home
The longtime Malibu home of actress and pinup model Dolly Read and her late husband, comedian Dick Martin, has returned to the market for $9.4 million – down half a million dollars from last year.
The Cape Cod-style house, built in 1946, features multiple balconies and a wood-plank walkway that leads directly to the sand. Unobstructed views from the property extend up and down the coastline.
The main house has open-beam ceilings, brick fireplaces and a wine cellar. The master suite occupies the second level and has a sitting area, his-and-hers bathrooms and a deck.
A courtyard containing fountains and mature fruit trees sits between the main house and guest house. Combined, the two residences have nearly 4,700 square feet of living space.
Martin, who died in 2008 at 86, was co-host of the popular “Rowan & Martin’s Laugh-In” from the late 1960s to the early ’70s. Read, 72, starred in the 1970 film “Beyond the Valley of the Dolls” and appeared on several television series, including “Charlie’s Angels” and “Fantasy Island.”
Onto her next project
Model and TV personality Tyra Banks has bought an investment property in Pacific Palisades through her trust for $1.355 million.
The Mediterranean-style town home, built in 1977, has vaulted ceilings and mountain and canyon views. The downstairs is devoted to free-flowing living space that includes the living, dining and family rooms.
Two bedrooms and 2.5 bathrooms lie within more than 1,800 square feet of interior space.
Banks, 43, is known for her appearances on “America’s Next Top Model” and “The Tyra Banks Show.”
Saying so long in Beverly Hills
Veteran film and television actress Amy Yasbeck has put her longtime home in Beverly Hills on the market for $6.495 million.
Built in 1982, the French traditional-style house is set behind walls and hedges on a half-acre lot. The 6,409 square feet of living space include five bedrooms and 5.75 bathrooms.
Yasbeck, 54, is known for her roles on the sitcom “Wings” (1994-97). More recently she has appeared on the shows “Workaholics” and “Pretty Little Liars.”
The actress’ late husband, actor-comedian John Ritter, bought the property nearly three decades ago for $2.25 million, public records show.
Still ‘Golden’ in Encino
The onetime home of TV “Golden Girl” Rue McClanahan has come on the market in Encino for $5.495 million.
That’s roughly four times what the late actress paid for the property in 1988, during the show’s heyday. McClanahan sold the property to its current owners seven years later for $1.6 million.
Designed by Arthur Kelly, architect of the Playboy Mansion, the 1951 house is in the Country Colonial style popularized after World War II. The current interior and furnishings are the work of noted interior designer Nick Berman.
Within the 5,368 square feet of living space are a living room with a wet bar, a skylight-topped dining room, a music room, a gym, four bedrooms and six bathrooms.
McClanahan, who died seven years ago at 76, won an Emmy for her lead role in the sitcom, which ran from 1985 to 1992. She had previously co-starred with Golden Girl cast mate Bea Arthur on the series “Maude.”
Case Study house still hits it home
The Regency-style Fields House was designed by noted architect Craig Ellwood and built in 1957 as part of the Case Study program. Greenberg, who starred for the Detroit Tigers during the 1930s and ’40s, bought the house in 1974 for $258,000 and was its third owner.
Set at the end of a cul-de-sac, the steel-framed house sits amid mature trees on about an acre. The four-bedroom, 3.5-bathroom home shares the site with a one-bedroom guesthouse, a swimming pool and a covered pavilion. There are four fireplaces and 3,384 square feet of living space.
Greenberg, who died in 1986 at 75, was a power-hitting first baseman who won a pair of World Series titles with the Tigers.
From the archives
Ten years ago, Joey McIntyre of the New Kids on the Block fame sold his home in Venice for close to $2.9 million. He and his wife, Barrett, purchased another home in Hancock Park for nearly $4.7 million.
Twenty years ago, L.A. Lakers’ center Shaquille O’Neal purchased a Beverly Hills-area home with eight bedrooms and 14 bathrooms for $2.6 million. He had been leasing a three-bedroom 5,000-square-foot penthouse on the Wilshire Corridor at $25,000 a month.
What we’re reading
A Nigerian oil magnate is at the center of what is being called “the most expensive repossession ever,” reports www.thetimes.co.uk. Kolawole Aluko, a sometime friend of actor Leonardo DiCaprio, owned a $51-million residence in One57, a towering glass skyscraper in New York. Aluko’s whereabouts are unknown but his yacht was sighted off the Bahamas earlier this year.
The challenge of coming up with a 20% mortgage down payment is often difficult enough to keep first-time buyers out of the market. But the fact is, the 20% down payment is all but dead — and has been for quite some time, especially for this segment of the housing market. More than 70% of noncash, first-time home buyers — and 54% of all buyers — have made down payments of less than 20% during the last five years, according to the National Assn. of Realtors.