Country music singer-songwriters Faith Hill and Tim McGraw have purchased a home in the Beverly Hills area for close to its $6.4-million asking price.
The home formerly belonged to Sasha Stallone, actor Sylvester Stallone’s first wife.
The Mediterranean-style home has six bedrooms in 10,500 square feet. The house, built in 1987 on slightly more than 4 acres behind gates, also has a two-story entry; dining and breakfast rooms; a family/media room, a billiards room, a pool, a spa and panoramic views of the mountains, canyons and city.
The Grammy-winning Hill and McGraw make their home base just outside Nashville.
Hill, 35, became a country superstar with her debut hit “Take Me as I Am” in 1993. The same year, McGraw, 36, became a sensation when he released his debut album, followed by his No. 1 hits “Indian Outlaw” and “Don’t Take the Girl.” His single “I Like It, I Love It” earned a Country Radio Music Award in 1994. Hill and McGraw became a show business power couple when they married in 1996.
Marisa Zanuck of Hilton & Hyland, Beverly Hills, represented the buyers, sources said. Jeeb Naiman O’Reilly and Dee Crawford of Nelson Shelton & Associates were the listing agents.
He trades seascape for hillscape
Marc Andreessen, co-founder of Netscape, has sold his oceanfront Malibu home for nearly its $25-million asking price.
He sold the home to Tom Gores, founder and chairman of Platinum Equity, a privately held company that typically acquires businesses from Fortune 500 companies. Gores, 38, is one of the youngest individuals to be named to Forbes’ list of billionaires.
Andreessen, 32, sold his Malibu home because he recently purchased a newly built
6,000-square-foot house in the Hollywood Hills for about $8 million.
The Malibu home is also about 6,000 square feet in size but is on nearly 3/4 of an acre on the sand. It is a striking contemporary with four bedrooms, a spa and a waterfall. The house had just been rebuilt when Andreessen bought it in 2000 for $17 million, including some furnishings.
Andreessen cashed in on the $10-billion sale of Netscape to America Online in 1999. He left AOL six months after the Netscape takeover. His current venture is a software firm called Opsware, which was designed to automate the management of the technology required to run Web sites.
Valerie Fitzgerald of Coldwell Banker, Beverly Hills, represented Andreessen in his sale, and Brian Harper of Coldwell Banker, Malibu, represented Gores, sources said.
They’ll network from Beverly Hills
Rich Eisen, who will be the lead anchor for the new National Football League Network, and his wife, former Fox Sports Net reporter Suzi Shuster, have purchased the longtime Beverly Hills-area home of Frank Liberman, who for years was a publicist for such Hollywood greats as Phyllis Diller, Steve Allen and Bob Hope.
Liberman sold the home last fall for about $1.1 million. It was redone and then sold to Eisen and Shuster for close to $2 million.
The house has four bedrooms in 3,200 square feet. It was built in 1955. It has dark hardwood floors, smooth stucco and dark wood trim. It has a large living room and a media room.
Eisen, 34, was a mainstay of ESPN’s “SportsCenter.” He will anchor NFL Network’s flagship program “Total Access,” airing from Los Angeles Monday through Friday. The NFL Network will kick off Nov. 4.
Ed Fitz of Prudential John Aaroe represented the buyers, and Michael Eisenberg of Coldwell Banker, Beverly Hills, had the listing, sources said.
Drummer Lehrer lists Malibu estate
Gold record winner and studio drummer Keith “Lucky” Lehrer has listed his walled and gated 10,000-square-foot Malibu compound, on about an acre at slightly less than $5 million.
The six-bedroom contemporary, built in 1987, has a 26-foot-high vaulted ceiling with a floor-to-ceiling stainless steel fireplace; a master suite with a sunken tub for two; several courtyards, a pool, a music studio, an office, a gym, a four-car garage and panoramic views of Santa Monica Bay and Zuma Beach.
Lehrer has performed and recorded with such diverse bands as the Germs, the Circle Jerks, L.A.'s Wasted Youth and the Darby Crash Band. He also made appearances on Dick Clark’s “American Bandstand.”
Chris Cortazzo of Coldwell Banker, Malibu West, has the listing.
A Walton goes courtside at beach
Luke Walton, basketball Hall of Famer Bill Walton’s son and a rookie with the L.A. Lakers, has leased an apartment on the Strand in Manhattan Beach for $3,000 a month for a year.
The unit has two bedrooms and two bathrooms in about 1,300 square feet. It’s in an older complex near the sand.
The younger Walton, one of four sons, played as a forward at the University of Arizona before he was selected by the Lakers during the NBA draft in June.
Phyllis Cohen-Edwards of Shorewood Realtors, Manhattan Beach, represented Walton in his lease.
He’s motoring back toward L.A.
Robert Petersen, the publishing magnate behind such popular magazines as Hot Rod and Motor Trend and the namesake benefactor of the Petersen Automotive Museum in Los Angeles, has put his San Luis Obispo County ranch back on the market, this time at $19.5 million.
The ranch had been in escrow with a land conservation group, but the deal fell apart. “That held us up for more than a year,” Petersen said. The property, one of the largest privately owned ranches in California, was initially listed in September 2001 at $27.5 million. The ranch is nearly 15,000 acres, plus 3,000 acres that are leased.
Petersen wants to sell because he has an 8,000-acre ranch closer to his Beverly Hills home of 40 years.
“We raise quarter horses, go skeet shooting and ride motorcycles at the smaller ranch,” he said. The larger ranch, once a hide-out for outlaws Jesse and Frank James, can support 2,500 head of cattle and has 260 acres of vineyards. It is also rich in wildlife: elk, deer, mountain lions, bobcats, coyotes, turkeys and quail.
Duncan Lemmon and John Battle of Lee & Associates, Sherman Oaks, have the listing.
To see previous columns on celebrity transactions visit www.latimes.com/hotproperty.