You may not be a celebrity, but you can live like one. The rich and famous love selling (and renting) luxury real estate almost as much as they like buying it. Provided you have the money, you can move into a home where the glitterati once slept.
You might even be able to score a relative bargain in the process. Celebrities sometimes have trouble unloading their over-the-top homes, research by Redfin has found. The real estate website looked at 60 homes celebrities bought and sold, and compared them to similar homes that weren’t purchased by famous faces. The stars’s homes not only took longer to sell, but they also tended to sell at a discount. It wasn’t unusual for celebrity homes to sell for $1 million or more under the original asking price.
Sometimes a celebrity’s home takes a while to sell because of unique design features or amenities that don’t appeal to all buyers. Showing the homes is also a problem. Stars want privacy and discretion, which means agents must be selective about who gets an up-close look at the property. Plus, eight-figure price tags mean there’s not a huge pool of buyers to choose from in the first place.
But even if you can’t buy a celebrity home, you may still be able to experience the lifestyle of the rich and famous. Celebrities who aren’t ready to sell their homes (or who can’t get the price they want) sometimes rent them out. For the few thousand dollars per week (or night), regular Joes can move in to their luxurious apartments, private islands, and estates.
Are you ready to live like a celebrity, either for night or a lifetime? From Chip and Joanna’s popular rental to Sandra Bullock’s Georgia beach house, here are 15 one-of-a-kind celebrity homes that can be yours, if you have the cash.