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X to End Reign in Beverly Hills

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TIMES STAFF WRITER

The Artist Formerly Known as PRINCE, who changed his name to an unpronounceable double-gender love symbol, has put his Beverly Hills home on the market at $3.5 million.

After returning to Los Angeles from a tour in England and Scotland, the funk-rock superstar listed his Beverly Hills home of three years “because he’s just through at the moment with being out here,” a source said.

For the record:

12:00 a.m. Oct. 15, 1995 CLARIFICATION
Los Angeles Times Sunday October 15, 1995 Home Edition Real Estate Part K Page 7 Real Estate Desk 1 inches; 36 words Type of Material: Correction
Actress Jane Seymour did not build the house owned by the Artist Formerly Known as Prince (Hot Property, Sept. 17). The house was built by actress Christopher Norris, when she was co-starring on CBS in “Trapper John, M.D.,” and her husband, Walter Danley.

Called “The Sultan of Seduction” for his sexually explicit lyrics, the Oscar-winning songwriter, 37, has a residence in Minneapolis, his hometown, and a retreat in France.

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He is scheduled to perform next weekend on the season’s opener for “Saturday Night Live.” His long-awaited album, “The Gold Experience,” is due to be released jointly Friday by Warner Bros. and the artist’s own record label, his business manager, Michael Kane, said.

The musician established the Paisley Park Records label in Minneapolis in 1987, three years after he made his acting debut in “Purple Rain.” He won the Academy Award for best original song score for the film. He composed and performed songs for the movie “Batman” in 1989.

His Beverly Hills home was built in 1990 by actress Jane Seymour and her then-husband David Flynn. The Mediterranean-style house is on a hill with a city view.

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The nearly 7,700-square-foot home has six bedrooms, five baths, a guest house and a three-car garage. The gated estate, which also has a pool and a spa, is listed with Marilyn Watson of Celebrity Properties, Beverly Hills.

DINAH SHORE’S Malibu home, which went on the market a few months after the popular entertainer died at 76 in February, 1994, has been sold at nearly its last asking price of about $3.5 million, sources say. It was originally listed at $4.5 million.

The buyer is an Orange County woman who owns several neighboring homes, each valued in the $4-million to $5-million range, sources say. She paid cash for this house, according to public records.

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The home has four bedrooms, an artist’s studio, media room and elevator, all in 4,500 square feet, with 42 feet of beachfront. Built in 1962, it was owned by film director George Seaton (“Miracle on 34th Street”) when Shore bought it in 1978.

Shore also owned a Beverly Hills home, which is for sale at $3.2 million, down from its original $4.2 million.

Carol Rapf, Jerry Pritchett and Jack Pritchett, all of Pritchett/Rapf & Associates, Malibu, shared the Malibu listing, and Gary Marquis of the same firm represented the buyer, other sources said. Carole Gaba of Jon Douglas Co., Brentwood, has the Beverly Hills listing.

MORTON DOWNEY JR., who pioneered confrontational TV talk shows in the 1980s, has leased a four-bedroom home in Pacific Palisades for 10 months.

“I hope we end up buying it. Of course, it’ll bring down the real estate values the minute people hear we moved in,” he joked by phone from his Beverly Hills offices.

Downey’s Chicago-based talk show, carried over KIEV-AM in Glendale, ceased production in April after 50 broadcasts, but Downey has been busy. “I just finished a Rodney Dangerfield movie and an album, which will be out in a few weeks, and I have a sitcom in planning,” he said.

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Downey, 62, and his wife, producer LORI KREBS, rented the 2,500-square-foot home, built in the late ‘40s, because of its canyon setting, a source said. The home rents for close to $4,200 a month.

Chris Utz of Jon Douglas Co., Brentwood, represented Downey and Krebs, and Greta Hunt of the firm’s Palisades office represented the homeowners, who live in Carmel.

Production designer BRUCE RYAN, who created the set for the Emmy Awards last Sunday, has purchased the Lacy Mansion in San Marino, a 7,500-square-foot Craftsman built in 1911 by Richard Lacy, San Marino mayor for nearly 20 years.

Ryan, 40, and his wife, set designer LOREN TRIPP, plan to restore the mansion, purchased through foreclosure for $750,000, sources say. It had been listed at $1.3 million.

Ryan is selling his South Pasadena home after completing seven years of restoration. Due to close escrow in October, the 6,000-square-foot home, listed at $765,000, was built in 1908.

Orville Houg of Coldwell Banker, San Marino, represented Ryan in the purchase and sale.

The Bel-Air home of the late director HENRY HATHAWAY, whose 66 films included “True Grit” with John Wayne (1969), is on the market at $4.8 million.

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Hathaway died in 1985; his wife of 53 years, Blanche, died last spring. They are survived by their son, Jack.

The 4,500-square-foot contemporary, on more than five acres, was built by the Hathaways in 1959. It has a lap pool, greenhouses, gardens and city-to-ocean views.

The home is co-listed by Don Robinson of Sotheby’s International Real Estate in Beverly Hills and Donna Stewart of Coldwell Banker, Pacific Palisades.

A Tucson home built for an heiress of the Coors brewing company family is for sale at $1.6 million. It was built at a cost of $2.5 million in 1989, sources say, by the late JANET COORS, widow of Herman, whose father, Adolph, founded the brewery.

The home, on two acres with city and mountain views and an indoor pool, is listed with Sharon Walsh of Coldwell Banker Success Realty, Tucson.

NOTE: X in heds fills in for symbol

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