Famous celebrities and Hollywood personalities have decided to cash in on the booming luxury housing market by listing their extravagant homes for sale. The housing market in Los Angeles, where houses owned by stars like Jim Carrey and Bob Barker are located, has seen a significant increase in home prices, with a nearly 6% rise since February of 2023. The median sale price for a single family home in Los Angeles has also soared to $1.17 million, making it 50% higher than the national average cost of living.
In the luxury housing market, there has been a notable increase in listings and sales. Single family home listings were up by 41.4% in February of 2023 compared to the previous year, and sales of luxury homes increased by 23.5% across North America. This surge in luxury home activity has prompted celebrities like Jim Carrey to list his stunning mansion in Los Angeles at a reduced price of $23.9 million after originally listing it for $29 million. Carrey’s estate features a multitude of luxury amenities, including a waterfall pool, tennis court, and private art deco-style theater.
Another notable celebrity listing is Laurie David’s “Porch House” in Los Angeles’ upscale Pacific Palisades neighborhood. The four-bedroom, five-bath home offers breathtaking mountain views and a seamless indoor-outdoor living space designed by architect Johnston Marklee. Additionally, Johnny Carson’s former estate outside of New York City has hit the market for $5.3 million, boasting luxurious features like a pickleball court, outdoor spa, and custom offices.
The longtime home of TV game show host Bob Barker, who passed away in 2023, is also up for sale for $2.988 million. This historic property, which was once owned by notable figures like Gen. Harrison Gray Otis and Charles E. Toberman, offers original details from its construction in 1929, including stained glass windows and a backyard pool. Meanwhile, the Bel-Air home that Judy Garland purchased in 1938, the same year she starred in “The Wizard of Oz,” is listed for $11.5 million, showcasing its rich history and timeless charm.
In a surprising turn of events, a 2.5-mile private island in the Bahamas has been listed for sale for $37.9 million. This unique property, known as Haines Cay, offers two miles of beachfront as well as nearby assets on Great Harbour Cay, such as a marina, beachfront hotel site, and an 18-hole golf course. This listing presents a rare opportunity for those looking to own a piece of paradise in the Caribbean. The luxury housing market continues to attract interest from both celebrities and wealthy individuals, showcasing the allure of owning prestigious properties in sought-after locations.
