Sunday, January 27, 2008

The Frank McCourts Do It Again In Malee-boo

BUYERS: Frank and Jamie McCourt
LOCATION: Pacific Coast Highway, Malibu, CA
PRICE: around $19,000,000
SIZE: 1,620 square feet, 3 bedrooms, 3 bathrooms

YOUR MAMAS NOTES: Along with an item or two that had been previously reported, celebrity real estate high priestess Ruth Ryon revealed in her most recent Hot Properties column that Boston biznessman turned LA biznessman and owner of the Los Angeles Dodgers Frank McCourt and his accomplished wifey Jamie dropped another massive wad of cash on a second oceanfront house right next door to the one they already own on uber exclusive Carbon Beach in Malee-boo.

The children will recall that in July of 2007 the stinking rich McCourts dropped an impressive $27,250,272 to acquire Courtney Cox and David Arquette's loopy, swoopy and gorgeous John Lautner designed house on Carbon Beach. And according to Miz Ryon (and confirmed with property records), they've coughed up another impressive chuck of change to buy the 1,620 square foot 1940s beach cottage next door. Records Your Mama accessed do not yet reveal the purchase price, but Miz Ryon reports the carpet bagging couple paid "close to $19,000,000" for the 3 bedroom and 2 bathroom house. (FYI: listing information for the property indicates 3 bedrooms and 3 bathrooms while Los Angeles County tax records show 4 bedrooms and 2 bathrooms.)

This recent Malee-bee purchase is not the first time the McCourts have purchased a high priced property adjacent to one they already own. When the couple moved West in 2004, they paid a widely reported $21,500,000 for a Charing Cross Road estate across the street from the Playboy Mansion in hoity toity Holmby Hills. They purchased the 11,637 square foot house from Kenneth "Babyface" Edmunds and his then wifey Tracey. (Yes puppies, the very same unlucky in love Tracey who recently split from that fickle Eddie Murphy). Just five months later, the McCourts quickly snapped up the 8,385 square foot house next door. Your Mama imagines they house the staff there, but really, we haven't got a clue why they needed the extra 8 bedrooms and 10 bathrooms in that house.

Now then, let's have a look-see at the recent history of the McCourt's new acquisition, which Miz Ryon says is already under-going and extensive renovation. In November of 2006, entertainment executive and Hollywood scion Casey Wasserman, grandson of the famously bespectacled and hugely powerful Lew Wasserman, sold the house to man named Peter Kleidman. The who's and what's of this Mister Kliedman are a bit of a mystery to Your Mama, but a wee bit of searching the internets comes up with some phun bits. In the Spring of 2007 Mister Kleidman rankled his high-fallutin' neighbors nerves when he threw open the doors to his property and offered the Malee-booan masses public access to one of the most notoriously difficult to access stretches of beach on the West Coast. You'll recall that Miss David Geffen threw all kinds of hissy fits and law suits about having to provide public access to the beach via an accessway that runs next to his rather impressive oceanfront digs, so you can imagine the Carbonites were not thrilled.

Mister Kleidman futher irritated the neighbors when he leased the teeny tiny property to the swag mistresses at The Silver Spoon who decked out the interiors, did up the outdoor spaces all beach club like, dubbed it "The Silver Spoon Beach House," and sub-leased it out at $65,000 per month to celebutants like actor/singer/whatevers Hilary and Haylie Duff and new-nosed and supposed it girl Ashley Tisdale, who leased the petite property for her 22nd birthday.

So perhaps it's no wonder or surprise that the McCourts once again reached into their seemingly endless real estate investment funds to purchase the problematic property next door. Because, let's be honest, what atrociously rich gajillionaire wants to spent nearly $30,000,000 on a beach house only to have a bunch of quasi famous skinny bitches and tabloid princesses throwing paparazzi friendly parties next door? Uhm, none of them.

There's no need to rip apart the interiors, because they did not belong to anyone in particular and are long gone with the McCourt's renovation. Now, Your Mama and the Dr. Cooter are off to the movies so be quiet and don't fight amongst yourselves.

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