private properties

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THE WALL STREET JOURNAL.
M2 | Friday, January 10, 2014
PRIVATE PROPERTIES
Email: [email protected]
WSJ.com/Mansion
A ‘Shrek’ Bedroom: Estate Once Owned
By Eddie Murphy Listed at $12 Million
BY CANDACE TAYLOR
A California estate once owned by comedian Eddie Murphy is slated to go on
the market this week for $12 million.
If it fetches that price, it will be the
most expensive home ever sold in the
Sacramento, Calif., area, said broker Nick
Sadek of NRS Luxury Estates, who is colisting the property with Jon Kirkpatrick of
Chase International Real Estate.
The property is owned by Patrick K.
Willis, a real-estate investor and founder of
the Sacramento-based repossession firm
American Recovery Service. Mr. Willis said
he bought the home in 2007 from Mr.
Murphy’s ex-wife, Nicole, after the couple
divorced. The $6.1 million Mr. Willis paid
still holds the record for the most expensive residential sale in the Sacramento
area, Mr. Sadek said. Mr. Murphy declined
to comment; Ms. Murphy couldn’t be
reached to comment.
In the suburb of Granite Bay, the estate
includes a 12,600-square-foot main home
and a 5,200-square-foot guesthouse.
There is a total of 10 bedrooms and 14
bathrooms, a nine-car garage, a swimming
pool, and tennis and basketball courts, according to the listing agents. It is being
sold furnished and still has the décor put
in place by the Murphy family, including a
“Shrek”-themed bedroom—a nod to Mr.
Murphy’s role as “Donkey” in the animated films. The property also has a 12seat screening room, an arcade parlor, four
wet bars and a 1,200-square-foot gym
with a sauna and steam room. There is
also a Luigi Colani-designed Schimmel
Pegasus piano, one of only a few in the
world, the listing agents said.
The Murphys, who have five children
together, bought the main house for
$3.825 million in 1998, according to public
records. They then paid $400,000 for the
adjacent lot, Mr. Sadek said, where they
built the guesthouse. The property totals
2½ acres.
Mr. Willis said he bought the home as
an investment and never moved in. He
used the property for philanthropic activities, and kept most of the staff to help
maintain the home. He said he decided to
sell for estate-planning reasons.
Family Is Asking $64.5 Million for a 126,000-Acre Ranch in Montana
Stephen Roth, 68, still lives in the century-old wooden house where he grew up,
on his family’s 126,000-acre ranch near
Big Sandy, Mont. His son, groomed to
take over leadership of the ranch, lives
there too.
So it is bittersweet for the Roths that
the ranch is now for sale, listed with David
Johnson of Hall and Hall for $64.5 million.
The IX Ranch is a profitable business with
some 4,300 cattle and about nine-full
time employees, Mr. Roth said.
The 5,128-square-foot, two-story house
has seven bedrooms, four bathrooms, a
heated swimming pool and a tennis court.
It was built in 1899 and has been exten-
sively remodeled, Mr. Johnson said. Several other houses are on the property.
Mr. Roth’s parents began managing the
ranch in the 1950s, then became co-owners with another family. The 12 current
owners are the descendants of both families, Mr. Roth said. He said he hopes the
new owners will keep him and his son in
place to continue running the ranch.
 See more photos of notable homes
at WSJ/Mansion.
Photographer Annie Leibovitz
has sold her three-townhouse
spread in the West Village for a
total of $28.5 million, Luxury
Listings NYC reported. Ms. Leibovitz initially put the compound
on the market in 2012 for $33
million, then reduced the price.
The property, which had been
listed with the Corcoran Group,
includes 13 fireplaces in all and
has a combined total of more
than 10,200 square feet.
The three brick buildings,
which date back to the 1830s,
surround a slate patio and private courtyard garden.
Former teen heartthrob David
Cassidy has lowered the asking
price of his waterfront Fort Lauderdale, Fla., mansion to $3.9
million, down from $4.495 million
when he first listed it in August,
Realtor.com reported. According
to listing agent Karen Martin of
Better Homes and Gardens Real
Estate, the 7,016-square-foot
home has five bedrooms and 6½
baths, and is in the Harbor Beach
community. The house has an
exercise room, a pool and a boat
dock. The actor and musician,
best known for his role as Keith
Partridge on the 1970s TV show
“The Partridge Family,” owns the
home with his wife Sue Shifrin
Cassidy, public records show.
A seven-level Manhattan townhouse
will be listed this week for $51 million,
according to listing agent Paula Del Nunzio of Brown Harris Stevens.
The neo-Georgian mansion on the
Upper East Side serves as the New York
headquarters of the nonprofit School of
Practical Philosophy. Ms. Del Nunzio
said the school will relocate once the
building is sold.
Situated on 79th Street between Fifth
and Madison avenues, the 16,000square-foot house was designed by the
Boston architectural firm of Little and
Browne, and completed around 1903,
Ms. Del Nunzio said. The School of Practical Philosophy bought the building in
1975. The school has made only minimal
changes to the home’s original layout,
she said.
To date, the priciest townhouse sale
in the city is the 21,700-square-foot
Harkness Mansion on the Upper East
Side, which sold in 2006 for $53 million,
said Ms. Del Nunzio, who represented
the seller in the deal.
While this house is smaller, Ms. Del
Nunzio noted that the house has views
of Central Park because there is no highrise apartment building nearby.
According to its website, the School
of Practical Philosophy was founded in
London in 1937. The site says the
school’s mission is “to study the great
philosophical and religious teachings of
the past and present,” and “to teach and
demonstrate how these principles can be
put to practical and effective use.”
In a statement, the school said it is
selling because “it is time to make the
move to a larger space that can better
meet our growing needs.”
On WSJ.com: House of the Year
VOTING ENDS JAN. 13
This contemporary home near Stuart,
Fla., was built to take advantage of Intracoastal views. It is one of dozens of
choices for House of the Year, as selected by readers. See the poll and more
photos at WSJ.com/Mansion.
Debra Duvall/Water Pointe
Counterclockwise from top left: Digiman Studios; Jason Bross; Kenton Rowe (3); Brown Harris Stevens; Getty Images; Corbis
Manhattan Townhouse
Goes on the Market
For $51 Million
FOR SALE - Asking Price: 3,900,000 Euro
Private Estate
5+ Acres
Austin, Texas
$14.5 Million
• 9,729 sf / 5 bedrooms / 5 full and 3 half baths
• Minutes to downtown, Zilker, ACL, and SXSW
• Unobstructed views of the hills and Lake Austin
• Authentic Spanish Colonial–style home with
plaster walls and five Rumford fireplaces
• Single story living with private wing for family
• Extremely low tax burdens in Texas
www.casasantuario.com
512.784.8022
More information upon request:
www.real-estatement.com, +31 6 418 050 67
Movie of the Chateau : www.frenchproperty4u.org
P2JW010000-0-M00200-1--------XA
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Exquisite domain in the Dordogne France,
in a private and tranquil setting, detached
from the ordinary constraints of time and
space, dominating the famous Vezere Valley.
Unquestionably one of the most outstanding
Chateaux, meticulously renovated perched
on a hill with sensational views of the
regional environment, set in a 60 continuous
hectares, bordering the village, and at 7km
from the market town with all amenities. The
chateau, with 12th century towers, total living
space of 700m2 arranged over three floors,
87m2 reception room, annex chapel/living,
formal dining room, kitchen, back kitchen,
marble floors, bedrooms en-suite, offices.
Indoor heated salt water pool in the Grange
(500m2), and guesthouse (150m2). Through
many years of professional restoration the
owners have given this castle a gracious
harmony.The estate boasts a profoundly
sophisticated elegance.
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