Wednesday, 9 October 2013

Celeb R.E.: Exes Peter Facinelli and Jennie Garth Sell Paul Williams Designed Toluca Lake Home Previously Owned by Actors Tex and John Ritter

Image courtesy Berkshire Hathaway Home Services
Back on August 15, 2013, the always informative Lauren Beale from LA Times Hot Property revealed that newly divorced acting couple Peter Facinelli and Jennie Garth sold their Toluca Lake home for $3.99 million which was purchased by The Big Bang Theory co-creator Bill Prady on April 24, 2013

The home measures 6 Beds/6.75 Baths on 8,416 sqft on a total lot size of 9,691 sqft built in 1934. The home also includes an adjoining lot measuring 1 Bed/3 Baths on 1,269 sqft on a total lot size of 9,176 sqft built in 1937. The listing description states:
Celebrity Owned! Reduced $1,400,000!!!!!!! Classic Paul Williams Designed Home. The Expansive Floor Plan Has Been Seamlessly Enlarged & Renovated. Paul Williams Signature Items Include Crown Molding, Crescent-Shaped Staircase & Architectural Detailing. This Gated Home Has A 5 Car Garage & Lg Motor Court. The Lower Level Enjoys Formal Living & Dining Rooms, Bar Room, Game Room & Sep. Kitchen/Fr. Downstairs Has A Two Room Guest Suite & Maid's/Guest Suite. Upstairs Has A Center Hall Plan W/2 Master Suites, One W/Dual Walk-In Closets, Safe Rm & Sitting Rm W/Fplc. Sep. Wing Upstairs Has Gym, Bath, Media Rm/Playroom & Dual Offices. The Exterior Grounds Are Lush & Set On Nearly A Flat 1/2 Acre W/An Outdoor Kitchen/Bbq Area & Children's Playground. Waterfall Pool & Spa Is Enhanced W/An Outdoor Pavilion W/Fplc. Located On One Of Toluca Lake's Premiere Streets, But Feels Miles Away From The City; Just Minutes To Studios, Shops & Restaurants! 
This home was originally purchased on February 4, 2005 for $2,850,000 and the adjoining lot for $800,000 for a grand total of $3,650,000 which represents a profit of $340,000 before expenses including the divorce which is not bad for a home purchased near the peak of the market. This sale did not come easy as Facinelli and Garth have had this home on the market since June 2010 with an asking price of $5,995,000 with subsequent price drops ever since.

On a historical note, this home was previously owned by actor and country singer Tex Ritter and later his son, John Ritter, who became wildly popular in the hit show Three's Company as well as other TV shows and movies and passed away suddenly on September 11, 2003 at the age of 54 due to an aortic dissection.

And another piece of historical info, this home was designed by renowned architect, Paul Williams, who also designed the Craig Residence in West Hills, the Livingston Motor Car Company dearlership in Woodland Hills,  the Dr. A.E. Abdun-Nur residence in Tarzana, and possibly the Barbara Stanwyck residence in Northridge later owned by Jack Oakie and named the Oakridge estate.


Image courtesy Berkshire Hathaway Home Services
Its unknown where Jennie Garth moved on to but the fine folks at Trulia Luxe Living revealed back on October 3, 2013 that Peter Facinelli loved the Toluca Lake area so much that he moved down the street and purchased a 5 Bed/4.25 Bath home on 3,966 sqft on a total lot size of 7,196 sqft newly built in 2013 (shown above). The listing description states:
Sophisticated new home in Toluca Lake. Modernized traditional on a tree lined street. 5BR/4.5BA, Fam Rm, FD, Bonus Rm, Butler's pantry, 160 wine refrigerator, walk-in pantry. Fabulous sunny kitchen includes shaker style cabinets, quartzite counters, thassos tumbled marble back splash, Subzero refrigerator, Wolf 6 burner range and oven. Second built-in oven with Wolf microwave on top, Bosch dishwasher. Large center isle with breakfast bar with plenty of seating, spacious desk/work station overlooks beautiful yard. The gourmet kitchen opens to large family room with a built-n entertainment center and glass doors leading out to the flat private grassy yard with salt water pool and spa. Downstairs powder room and bedroom suite and direct access to garage. Upstairs comprises a bonus room great for exercise or office , laundry room, three bedrooms two additional baths and the Master suite with picture windows, fireplace, walk-in closets and sitting area. Master bath has white marble vanity with dual Kohler sinks, large glass shower and luxurious spa tub. Oak flooring, speakers, custom molding and costume lighting throughout. Smart phone ready to control pool equipment, nest thermostat, alarm system from anywhere on the road. Close to Toluca Lake Village.
Toluca Lake is home to many celebrities partially due to its close proximity to the studios and Hollywood. The following list are celebrity homes in the Toluca Lake area discussed on this blog:
  1. The estate of the late Bob Hope lists for $27.5 million in September 2013.
  2. Actor Kris Polaha and actress Julianne Morris sell for $820,000 in July 2013.
  3. Actress Octavia Spencer purchases for $841,500 in April 2013. 
  4. Patricia Heaton Purchases Toluca Lake mansion for $5.4 million in March 2013
  5. The Office star Steve Carell Sells One of His Toluca Lake Homes for $5.1 million on March 2013.
  6. The Estate of the Late Roy Disney Sells for $3.1 million in January 2013. 
  7. Scott Baio sold the family home for $3,150,000 on December 26, 2012. 
  8. Former Bing Crosby estate which sold on December 20, 2011 for $4.020 million.
  9. Former Hillary Duff mansion which sold on July 18, 2012 for $4,651,500.
  10. Jason Priestly who tried to sell his home for $2.1 million and has been off the market at this time.
  11. Erin Daniels (L Word) who recently purchased in June 2012 for $1.5 million.
  12. Jennifer Love Hewitt who recently listed a property for sale and one for lease in August 2012.  
  13. Former Alan Thicke home who sold for $3,525,000 on November 20, 2012.
  14. Haylie Duff (sister of Hilary Duff) which recently listed on October 9, 2012 for $1,799,000.  
  15. Miley Cyrus clan lives in this area. 
  16. Other residents include Ashley Tisdale, Kiefer Sutherland, Andy Garcia, Dweezil Zappa, valley native George Lopez, Brooke Burns, Lindsay Price, Jonathan Antin, Jennie Garth, David Leisure, Nile Niami, Sean "Diddy" Combs, Kirk Fogg, Markie Post, and the Jonas Brothers to name a few.
You can check out more SFV Celebrity Real Estate here.